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Σ86Patek PhilippeRef. 5275P-001 A very rare and exceptional limited-edition platinum minute repeating wristwatch with jump seconds and minutes, digital jump hour, and engraved dial and case, factory sealed2014 40mm Width x 47.5mm Length Case, dial, movement, and clasp signed. Estimate $260,000 - 520,000 CHF234,000-468,000 €219,000-438,000 HK$2,020,000-4,030,000 Place Advance BidContact Specialist Paul Boutros Head of Watches, Americas & International Strategy Advisor Senior Vice President +1 212 940 1293 pboutros@phillips.com
Condition ReportRequest Condition ReportThank youfor your request. The Condition Report will be sent shortly.Contact Us* RequiredSend me the Report ViaEmailFaxContact SpecialistCancelDescriptionOur Buyer's Premium has been updated. View our Conditions of Sale.Manufacturer: Patek Philippe Year: 2014 Reference No: 5275P-001 Movement No: 5’251’825 Case No: 6’029’711 Material: Platinum Calibre: Manual, cal. 32-650 HGS PS, 75 jewels Bracelet/Strap: Crocodile Clasp/Buckle: Platinum Patek Philippe engraved deployant clasp Dimensions: 40mm Width x 47.5mm Length Signed: Case, dial, movement, and clasp signed. Accessories: Accompanied by Patek Philippe Extract from the Archives confirming manufacture of the present watch in 2015 and its subsequent sale on April 10th 2015. Accompanied by Patek Philippe Certificate of Origin dated September 30th, 2015, commemorative medal and presentation card, small leather folio with product literature, large leather folio with reference-specific product literature, large glossy photo, and inner and outer presentation boxes. Catalogue EssayLaunched as a commemorative piece for the firm’s 175th anniversary in 2014, the Patek Philippe ref. 5275P is part of a limited edition of 175 pieces. It was released alongside the reference 5575G, a world-time wristwatch with moonphase, the reference 5975, a multi-scale chronograph executed in white, yellow, pink gold and platinum, and the reference 5175R, the Grandmaster Chime. While the Grandmaster Chime was a marvel of engineering and design – and the most complicated wristwatch produced by Patek Philippe at the time – the 5275 incorporated some of the technical advances implemented in the Grandmaster Chime. The reference 5275P built on a tradition established by the previous commemorative pieces released by Patek Philippe for their 150th anniversary in 1989, such as the jumping hour reference 3969, but to grand effect. The dial is engraved with a floral scroll motif, brilliantly executed to counter the otherwise empty space on the dial, and the engraving extends to both the sides of the case and the clasp. It introduced four new patents, three pertaining to the jumping mechanism and the other isolating the hour striking mechanism. The result is that all the time indications - the seconds, the minutes and the digital hour - advance by instantaneous jump intervals, rather than a constant movement. In contrast to the rather traditionally sized 3969, the 5275P is boldly sized at 40mm in diameter and 45mm from lug to lug. The reference 5275P is most appreciated by connoisseurs for its loud and crisp chiming mechanism, which is perfectly synchronized to the time. Consigned by the original owner and fresh-to-the market, it is preserved in factory sealed, unworn condition and is offered complete with the original Patek Philippe Certificate of Origin and its accompanying set of accessories. This reference 5275P combines taste, technical mastery, and incredible rarity, and is a masterful representation of Patek Philippe’s excellence in watchmaking. Consigned by the Original OwnerRead MoreMaker BiographyPatek PhilippeSwiss • 1839 Follow 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. Othe