Patek Philippe - The New York Watch Auction: XI New York Saturday, December 7, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2014
    Reference No: 5575-001
    Movement No: 5’874’273
    Case No: 6’036’458
    Material: 18K white gold
    Calibre: Automatic, cal. 240 HU LU, 35 jewels
    Bracelet/Strap: Leather
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement, and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated March 18, 2015, fitted anniversary presentation box, hang tag, leather envelope, product literature and outer packaging.

  • Catalogue Essay

    Patek Philippe celebrated their 175th anniversary in 2014, and to commemorate this remarkable milestone, released a series of impressive references, all limited editions, epitomizing the horological mastery that has led to the enduring success of this esteemed manufacture. The reference 5575G was a limited-edition of 1,300 timepieces featuring world time and moon phase. It was released alongside the reference 5975, a multi-scale chronograph executed in white, yellow, pink gold, and platinum; the 5275P, an exquisite platinum chiming wristwatch with digital jump hour; and the reference 5175R, the Grandmaster Chime. The collection was the summation of the brand’s long and prestigious history, reflecting on complicated movements and aesthetic refinement.

    The reference 5575G was the first Patek Philippe timepiece that combined a world time complication with a moon phase following the lunar cycle. The brand engineered an entirely new caliber for this watch (and the corresponding ladies' version, the reference 7175 in rose gold), the caliber 240 HU LU (“heures universelle lune”), an ultra-thin automatic movement with a 22 karat gold micro rotor. The moon display is immensely realistic, yet retains an elegance against a nocturnal starry sky, with the skyscape made possible by two sophisticated and highly complex moon phase discs rotating according to the actual orbit of the moon.

    The present model is offered complete with its Certificate of Origin, hang tag and presentation boxes. This wonderful world time wristwatch encapsulates the essence of this historic collection.

  • 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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Ref. 5575-001
A fine and attractive limited edition white gold world-time wristwatch with moon phase, Certificate of Origin, Attestation, hang tag, and presentation box, made for the 175th anniversary of Patek Philippe

2014
40mm Diameter
Case, dial, movement, and clasp signed

Estimate
$70,000 - 140,000 
CHF61,600-123,000
€65,600-131,000
HK$544,000-1,090,000

Sold for $139,700

Contact Specialist

Paul Boutros
Deputy Chairman, Watches, Head of Watches, Americas
+1 (212) 940-1293
watchesny@phillips.com

Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: XI

New York Auction 7 - 8 December 2024