WatchIQ

PatekPhilippe
Patek Philippe World Time Ref. 5110R-001
Market Estimate
~$38,500
Specifications
Market Range

PatekPhilippe
Patek Philippe World Time Ref. 5110R-001
Market Estimate ~ $38,500
Market Range
Specifications
Executive Overview
The Patek Philippe World Time Reference 5110R represents one of the most significant chapters in the modern history of horological complications. Launched in 2000 and produced until 2006, the 5110 marked the triumphant return of the 'Heures Universelles' complication to Patek Philippe’s regular production after a decades-long hiatus. This specific iteration in 18k rose gold (5110R) is highly coveted for its warmth and classical elegance, perfectly balancing the brand's heritage with the practical needs of the global traveler. The 5110 is distinguished by its 'guilloché' center dial, which features a fine basketweave pattern that catches the light with exceptional depth. Unlike its predecessors, the 5110 introduced a patented pusher system that allows the user to advance the local time, the city ring, and the 24-hour ring simultaneously with a single press, ensuring the watch remains synchronized across all zones. For collectors, the 5110R is often considered the 'goldilocks' of modern World Timers; at 37mm, it possesses the traditional proportions that many enthusiasts feel are lost in the larger subsequent references like the 5130 and 5230. It remains a cornerstone of any serious Patek Philippe collection, representing a bridge between the legendary vintage world timers designed by Louis Cottier and the high-tech manufacturing of the 21st century.
Technical Architecture
At the heart of the Reference 5110R lies the ultra-thin self-winding Caliber 240 HU (Heures Universelles). This movement is a marvel of micro-engineering, utilizing a 22k gold micro-rotor integrated into the plate to maintain a remarkably slim profile of just 3.88mm. This architectural choice allows the entire watch to sit elegantly low on the wrist, a hallmark of Patek Philippe's dress watch philosophy. The movement features 33 jewels, a Gyromax balance, and a Spiromax balance spring, hallmarked with the prestigious Geneva Seal (Poinçon de Genève), signifying the highest level of finishing and decorative technique. The case is crafted from solid 18k rose gold, featuring the signature curved, stepped lugs that provide a sophisticated silhouette. The dial architecture is multi-layered: a central hand-guilloché gold disc, surrounded by a rotating 24-hour ring divided into day (light) and night (dark) sectors, and an outermost city ring featuring 24 global locations. The crystal is a scratch-resistant sapphire, and the case back is also sapphire, allowing for an unobstructed view of the masterfully finished movement. Water resistance is rated to 30 meters, though the watch is strictly intended for formal and travel environments rather than aquatic use. The 5110R is traditionally paired with a hand-stitched alligator strap and a matching 18k rose gold Calatrava cross deployment clasp.
Historical Context
The history of the Patek Philippe World Time is inextricably linked to the independent watchmaker Louis Cottier, who in the 1930s developed the mechanism that allowed for the simultaneous reading of 24 time zones. Patek Philippe adopted this complication in legendary references such as the 1415 and the 2523, which today command millions of dollars at auction. Following the discontinuation of these models in the mid-20th century, the World Time complication was absent from the Patek Philippe catalog for nearly forty years. The introduction of the Reference 5110 at the Baselworld fair in 2000 was a watershed moment, signaling a revival of the brand’s dominance in the travel complication sector. It was the first World Timer to feature the ingenious pusher at 10 o'clock, a modern refinement over the dual-crown systems of the past. The 5110 was eventually succeeded by the 39.5mm Reference 5130 in 2006. Because it was the first of the modern era and maintained the classic 37mm size, the 5110 has gained a reputation as a 'modern vintage' piece, increasingly appreciated by purists who find the later models too large or the dial designs less harmonious than the original 5110 layout.
Market Intelligence
The market for the Patek Philippe 5110R is currently characterized by high stability and a growing appreciation among seasoned collectors. Historically, the 5110 was overshadowed by the more aggressive price surges of the Nautilus and Aquanaut lines. However, as the market shifts back toward 'neo-vintage' gold complications, the 5110 has seen a steady increase in demand. The 5110R (Rose Gold) typically commands a slight premium over the 5110G (White Gold) due to its classic aesthetic and the perceived warmth of the guilloché dial in this metal. Liquidity is remarkably high for this reference; as a 'blue chip' Patek Philippe complication, it is a staple of major auction houses and high-end secondary dealers, often selling within days of being listed. From an investment perspective, the 5110R offers a lower volatility profile than integrated-bracelet sport watches. While it may not see triple-digit percentage gains in a single year, its value retention is exceptional, and it serves as a reliable store of wealth. The relatively short production run of six years ensures that supply is finite, and as more collectors seek out the 37mm 'classic' size, the availability of mint-condition full-set examples continues to tighten, exerting upward pressure on secondary market pricing.
More from PatekPhilippe
View all →
Patek Philippe Calatrava Diamond Ribbon Joaillerie 4978/400G
$178,500 - $241,500
.jpg.jpg)
Patek Philippe Complications Annual Calendar 4947R-001
$44,200 - $59,800

Patek Philippe Complications World Time Cloisonné Enamel 5131J-001
$106,250 - $143,750

Patek Philippe Grand Complications Perpetual Calendar 5139R-001
$46,750 - $63,250