Patek Philippe - The New York Watch Auction: SEVEN New York Saturday, December 10, 2022 | Phillips

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5131/1P-001
    Movement No: 7’117’168
    Case No: 6’224’504
    Model Name: World Time
    Material: Platinum
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet, max length 190mm
    Clasp/Buckle: Platinum Patek Philippe folding clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement, and bracelet signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 10th, 2018 confirming depiction of the North Pole, product literature, leather wallet, fitted inner presentation box, and outer packaging.

  • Catalogue Essay

    World-time watches were invented, as is the case with most innovations, out of necessity. With the advent of the industrial age came the means necessary to facilitate global trade and travel and, as a direct result, there was a need for timekeeping devices capable of tracking time in multiple locations. Between 1930 and 1931, Louis Cottier designed an ingenious, ultra-thin mechanism that simultaneously displayed the correct hours across the world's time zones through a rotating 24-hour ring, in addition to the local time. The city of choice (local time zone) would be set at the 12 o'clock position with the hours/minutes hand set at local time. The design was superb in its simplicity, and remains in use until the present day. Extremely user friendly, the world time display indicates the correct time in both hours and minutes, night and day, for nearly every time zone in the world simultaneously, while clearly indicating local time - all via a single dial.

    Patek Philippe has since embraced the artistic opportunities worthy of such a poetic yet practical complication, and in many instances, combined it with one of their most exclusive métiers d'arts creations - cloisonné enamel. In this example, fully complete and consigned by the original owner, the vibrant cloisonné enamel center disc depicts the North Pole in a wonderful array of blues, greens, browns, and yellows – all outlined in fine gold. A well-balanced 40mm in diameter, and fitted with a luxurious and heavy platinum link bracelet, this modern horological masterpiece marries the old and the new perfectly, and is sure to be the perfect companion for the well-traveled connoisseur.

    CONSIGNED BY THE ORIGINAL OWNER

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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40

Ref. 5131/1P-001
An exceptional and very well-preserved platinum world time wristwatch with bracelet, cloisonné enamel dial depicting the North Pole, Certificate of Origin, and presentation box

Circa 2018
39.5mm Diameter
Case, dial, movement, and bracelet signed.

Estimate
$100,000 - 200,000 
CHF95,100-190,000
€96,400-193,000
HK$782,000-1,560,000
S$137,000-274,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

 

The New York Watch Auction: SEVEN

New York Auction 10 - 11 December 2022