Important Modern & Vintage Timepieces

Hong Kong, May 31, 2025

LOT 146

PATEK PHILIPPE, REF. 5531R-012, MINUTE REPEATING WORLD TIME, ENAMEL, 18K PINK GOLD

HKD 5,600,000 - 12,000,000

EUR 640,000 - 1,380,000 / CHF 600,000 - 1,290,000 / USD 730,000 - 1,550,000

A n extremely fine and very rare, 18K pink gold, self-winding wristwatch with minute repeater, world time function and cloisonné enamel Lavaux landscape dial and sapphire crystal caseback.


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Grading System
Grade:
Case: 1-8

As new

Slightly scratched
Movement: 1*

As new

Overhaul recommended, at buyer's expense
Dial: 1-01

As new

HANDS Original

Brand Patek Philippe

Model Minute Repeating World Time

Reference 5531R-012

Year sold in 2020

Bracelet 18K pink gold PP deployant buckle

Diameter 42

Caliber R27HU

Weight 100gr. (approx.)

Signature dial, case and movement

Accessories PP fitted box, carton box, solid caseback, booklets, presentation folder, certificate dated 2020, certificate of authenticity, instruction manuals

Notes

The Patek Philippe 5531R-012 stands as one of the rarest and most exceptional timepieces in contemporary horology. This Grand Complications model represents the pinnacle of watchmaking, being the first Patek Philippe to combine two of the brand’s most revered complications: the minute repeater and world time function.

Housed in a perfectly proportioned 40.2mm 18K rose gold case, what truly distinguishes this masterpiece is its breathtaking dial. The center features exquisite cloisonné enamel artistry depicting the UNESCO-protected Lavaux vineyard terraces along Lake Geneva’s shores. This miniature painting requires painstaking craftsmanship, with master artisans meticulously applying gold wire and colored enamel powders, firing multiple layers to achieve stunning depth and luminosity.

At its heart beats the revolutionary caliber R 27HU automatic movement, visible through the sapphire caseback and
adorned with the prestigious Patek Philippe Seal. This 45-jewel mechanism delivers unparalleled innovation— allowing the minute repeater to chime the local time wherever the wearer travels, rather than home time as in conventional world time repeaters.