SJX Watches
Up Close: Patek Philippe Ref. 2523 World Time Cloisonne “Eurasia”
The upcoming spring auction season is bringing with it a surprising number of vintage Patek Philippe world time wristwatches. Christie’s will be offering three of them during its evening sale on May 22, including the famed and unique ref. 1415 HU in platinum that once held the record of most expensive watch in the world when it last sold publicly in 2002 and achieved CHF6.6 million including fees. Phillips, on the other hand, will be offering the Patek Philippe ref. 2523 “Eurasia” publicly for the very first time. Long owned by an Italian collector until it was acquired by the present owner in the mid 1990s, this ref. 2523 is one of just three known with a cloisonné dial bearing the “Eurasia” map – and it is in strikingly fine condition. I put it on my wrist during the preview exhibition, and the watch is gorgeous, crisp, and arguably every dollar of the ten or more million it’ll sell for. The hallowed complication Despite not being amongst the most complicated watches Patek Philippe made in the 20th century, its world-time wristwatches (and also pocket watches) are amongst the brand’s most coveted and valuable timepieces. Well before the platinum ref. 1415 HU set a record in 2002, examples of the ref. 2523 with cloisonné dial were regularly selling for well over US$1 million at auction in the 1990s – and are the inspiration for the today’s world-time models, including the recent ref. 5231J. The fact that the world-time was a favourite of Osvaldo Patr...