













30Σ
Patek Philippe
Ref. 5531R-012
A brand new, exquisite, and very important pink gold minute repeating world time wristwatch with miniature cloisonné enamel dial, additional caseback, Certificate of Origin and presentation box
- Estimate
- $900,000 - 1,800,000
$1,016,000
Lot Details
- Manufacturer
- Patek Philippe
- Year
- Circa 2022
- Reference No
- 5531R-012
- Movement No
- 5’178’006
- Case No
- 6’558’690
- Material
- 18K pink gold
- Calibre
- Automatic, cal. R 27 HU, 45 jewels, stamped with the Patek Philippe Seal
- Bracelet/Strap
- Crocodile
- Clasp/Buckle
- 18K pink gold Patek Philippe deployant clasp
- Dimensions
- 42mm Diameter
- Signed
- Case, dial, movement and clasp signed
- Accessories
- Accompanied by Patek Philippe Certificate of Origin dated September 9, 2022, fitted wooden presentation box, additional solid caseback, leather folder with photographs and product literature and outer packaging.
Specialist
Full-Cataloguing
Catalogue Essay
Patek Philippe has long been cherished by collectors for their innovative technical skills and mechanical craftsmanship, and with the release of the reference 5531R in 2017 at the New York “The Art of Watches Grand Exhibition “ they combined two of their most exceptional complications: the world-time and minute repeater. These special edition wristwatches were produced in a limited edition of five with a cloisonné enamel center featuring the Manhattan skyline by day, and a second set of five with cloisonné enamel center with the Manhattan skyline by night. The present wristwatch is the model introduced as part of Patek Philippe’s official collection in 2018 with an enamel dial depicting the Lavaux Vineyard Terraces, a UNESCO Heritage site, on the shores of Lake Geneva.
The reference 5531R represents the culmination of Patek Philippe’s centuries-long horological excellence. Its world time mechanism was originally developed by watchmaker Louis Cottier in the 1930s when intercontinental travel was becoming commonplace. The first serially produced world time model, reference 1415, featured a 31mm diameter case with a revolutionary revolving bezel, allowing user-friendly change of time zone. Soon afterwards, Patek Philippe released the milestone reference 2523 with an oversized 36 mm case featuring two crowns. On very rare occasion, examples of the historic references 1415 and 2523 were made featuring cloisonné enamel dial centers with maps of the world incorporated within their city rings – serving as the inspiration for the modern reference 5531R.
The case of this modern marvel is based on the iconic Calatrava model, which has its roots in the reference 96 first produced in the 1930s. The case band is engraved with a hand-guilloché hobnail design, and features the minute repeating slide at the 9 o’clock position of the case, with the setting crown at 3 o’clock, along with a push button to set the local city.
The reference 5531R is based on the in-house, caliber R27 HU with minute repeating function, first introduced in 1989 for the brand’s 150th anniversary. The modified movement has the world time (HU) mechanism built on top of the minute repeater, and is only 8.5mm thick, allowing for a remarkably thin profile on the wrist. The result of painstaking development, the most complex challenge solved by Patek Philippe was to have the watch chime on the local time of the city displayed at 12 o’clock. This was achieved by incorporating an hour snail that is driven by the world time mechanism.
Patek Philippe has always been at the forefront of technical innovation, and their reference 5531R is an example of the genius of their design and watchmaking teams. This fresh-to-the-market, minute repeating world time with cloisonné enamel dial is the height of luxury and complication. It is both a work of art and a functional time piece and is one of only a handful of examples ever offered at auction. Presented in brand new, unworn condition it is offered complete with its full set of accessories.
The reference 5531R represents the culmination of Patek Philippe’s centuries-long horological excellence. Its world time mechanism was originally developed by watchmaker Louis Cottier in the 1930s when intercontinental travel was becoming commonplace. The first serially produced world time model, reference 1415, featured a 31mm diameter case with a revolutionary revolving bezel, allowing user-friendly change of time zone. Soon afterwards, Patek Philippe released the milestone reference 2523 with an oversized 36 mm case featuring two crowns. On very rare occasion, examples of the historic references 1415 and 2523 were made featuring cloisonné enamel dial centers with maps of the world incorporated within their city rings – serving as the inspiration for the modern reference 5531R.
The case of this modern marvel is based on the iconic Calatrava model, which has its roots in the reference 96 first produced in the 1930s. The case band is engraved with a hand-guilloché hobnail design, and features the minute repeating slide at the 9 o’clock position of the case, with the setting crown at 3 o’clock, along with a push button to set the local city.
The reference 5531R is based on the in-house, caliber R27 HU with minute repeating function, first introduced in 1989 for the brand’s 150th anniversary. The modified movement has the world time (HU) mechanism built on top of the minute repeater, and is only 8.5mm thick, allowing for a remarkably thin profile on the wrist. The result of painstaking development, the most complex challenge solved by Patek Philippe was to have the watch chime on the local time of the city displayed at 12 o’clock. This was achieved by incorporating an hour snail that is driven by the world time mechanism.
Patek Philippe has always been at the forefront of technical innovation, and their reference 5531R is an example of the genius of their design and watchmaking teams. This fresh-to-the-market, minute repeating world time with cloisonné enamel dial is the height of luxury and complication. It is both a work of art and a functional time piece and is one of only a handful of examples ever offered at auction. Presented in brand new, unworn condition it is offered complete with its full set of accessories.
Patek Philippe
Swiss | 1839Since 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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