Patek Philippe - The New York Watch Auction: X New York Saturday, June 8, 2024 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2007
    Reference No: 5130P-001
    Movement No: 4’435’490
    Case No: 3’640’824
    Model Name: World Time
    Material: Platinum
    Calibre: Automatic, cal. 240 HU, 33 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K platinum Patek Philippe clasp
    Dimensions: 39.5mm Diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated October 12, 2007, leather envelope, original sales receipt, and product literature

  • Catalogue Essay

    Released in 2006, Patek Philippe’s reference 5130 World Time is the second modern iteration of their famous world time model. The successor of the reference 5110, the new model featured the same caliber 240 HU but housed in a larger case size at 39.5mm in diameter, compared to 37mm for the earlier model. The World Time was initially developed by Louis Cottier in 1935, who engineered a system of inner rotating discs indicating 24 cities covering all major time zones. Fast forward to modern times, the mechanism remains largely unchanged due to its simple practicality and ease of use.

    First released in yellow, pink and white gold, the platinum 5130 like the present lot, followed in 2007. With a modern aesthetic, the timepiece is instantly adjustable by a simple press of the pusher at 10 o’clock and is notable because Patek Philippe chose to keep the ring-shaped hour hand as a tribute to their historic world time watch design. The reference was discontinued in 2016 and replaced by the reference 5230 with a 38.5mm diameter case.

    The present model from 2007, the first year of production, is in excellent overall condition, and complete with Certificate of Origin and original sales receipt. With its blue grey guilloché dial, Patek Philippe’s World Time 5130P is an innovative and highly functional modern timepiece for the world traveler.

  • 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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Σ50

Ref. 5130P-001
A fine and attractive platinum world time wristwatch with guilloché dial and Certificate of Origin

Circa 2007
39.5mm Diameter
Case, dial, movement and clasp signed

Estimate
$20,000 - 40,000 
CHF18,100-36,300
€18,500-37,100
HK$156,000-312,000

Sold for $48,260

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: X

New York Auction 8 - 9 June 2024