Patek Philippe - The Hong Kong Watch Auction: XVI Hong Kong Wednesday, May 24, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2016
    Reference No: 5575G-001
    Movement No: 5’921’049
    Case No: 6’051’876
    Model Name: World Time Moon, Anniversary Edition
    Material: 18K white gold
    Calibre: Automatic, cal. 240 HU LU, 35 jewels
    Bracelet/Strap: Crocodile
    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 28th January 2016, Attestation, commemorative coin, instruction manual, product literature, leather folio, setting pin, hang tag, fitted presentation box, outer packaging and slip case.

  • Catalogue Essay

    2014 marked the 175th Anniversary of Patek Philippe. In commemoration of this momentous milestone, the firm released a series of highly exclusive limited-edition watches, including the hyper-complicated Grandmaster Chime ref. 5175 and unconventional tonneau-shaped Chiming Jump Hour ref. 5275P. The ref. 5575G-001 is part of this celebratory series and remarkably, it is the first Patek Philippe World Time fitted with a second complication, not to mention, a moon phase indication. The brand’s longstanding commitment to excellence in form and function is proudly illustrated in this collection of highly complicated, elegant timepieces.

    Dressed in black, the ref. 5575G features a monochromatic moon phase display in the center with an updated chapter ring of the 24 cities. The wearer is invited to admire the passage of the moon amongst the starry night as each month progresses via the double-layered disc in the center. In a twist to their traditional world time complications, the Central European time zone, which typically features the city of Paris, was replaced with Geneva in honour of the home city of Patek Philippe.

    This mesmerising model was produced in a limited edition of 1300 pieces as a tribute to Louis Cottier’s 1931 invention, the world time complication. Heightening its desirability for the discerned collectors, the present example sits perfectly untouched within its double factory sealed packaging. Fresh-to-the-market, the present World Time Moon is the 26th example to be identified and is offered with its original accessories. Combining its rarity and sophisticated good looks, the ref. 5575G is perhaps one of the most intriguing timepieces from the Maison’s world time 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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Σ998

Ref. 5575G-001
A rare and commemorative limited edition white gold world time wristwatch with moon phases, Certificate of Origin, Attestation and presentation box, one of a limited edition of 1,300 pieces, made in commemoration of the 175th anniversary of Patek Philippe, double factory sealed

Circa 2016
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$600,000 - 1,500,000 
€69,500-174,000
$76,900-192,000

Sold for HK$1,041,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XVI

Hong Kong Auction 24 - 25 May 2023