Patek Philippe - Phillips Watches Online Auction: The Geneva Sessions Spring 2023 Geneva Thursday, March 9, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2017
    Reference No: 5131R-011
    Movement No: 7'047'755
    Case No: 6'180'054
    Model Name: World Time
    Material: 18K pink gold
    Calibre: Automatic, cal. 240HU, 33 jewels
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated July 08, 2017, product literature, wallet, presentation box and outer packaging.

  • Catalogue Essay

    -Patek Philippe's reference 5131 is a worthy heir to the lineage of coveted worldtime watches the Patek Philippe brand is famous for.

    -Worldtime watches were invented, as is the case with most innovations, out of necessity. With the advent of the industrial age came global trade and travel and, as a direct result, there was a need for timekeeping devices capable of tracking time in multiple locations.

    -Worldtime watches as we know them today remained off the radar until the early 1930s and an invention by genius watchmaker Louis Cottier. It is around that period in 1930/1931 that Cottier designed a movement featuring a local time with hour and minute hands at center, linked to a rotating 24hour ring, and bordered by a fixed outer dial ring with the names of different cities inscribed on it. The city of choice (local time zone) was placed at the 12 o'clock position with the hours/minutes hand set at local time, the watch would then display the correct time in both hours and minutes, night and day, for every time zone in the world simultaneously, all the while allowing easy and accurate reading of local time, and all on a single dial.

    -With reference 5131, Patek Philippe resurrected the line of Cloisonné world time pieces - which originally appeared in the 1950s and are now considered among the masterpieces of the brand. Launched originally in yellow gold, it was produced in the three gold colors and in platinum. The present example, cased in pink gold is preserved in excellent condition with its original accessories.

  • 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. 5131R-011
A very rare and extremely fine pink gold world-time automatic wristwatch with cloisonné enamel dial, certificate of origin and presentation box

2017
40mm Diameter
Case, dial, movement and clasp signed

Estimate
CHF80,000 - 160,000 
€79,800-160,000
$87,000-174,000

Sold for CHF101,600

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

+41 22 317 81 81
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63
TiffanyTo@phillips.com

Phillips Watches Online Auction: The Geneva Sessions Spring 2023

9 - 16 March 2023