Patek Philippe 5520P-001: Grand Complications (Alarm Travel Time)
The Patek Philippe 5520P-001 is a remarkable timepiece of Patek Philippe’s Grand Complication collection. Also known as the alarm travel time, the watch is famous for its exquisite design and exclusive dual time zone “Travel Time” now combined with a 24-hour alarm mechanism.
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Origin of Patek Philippe
Patek Philippe is a Swiss luxury watch and clock manufacturer, situated in the Canton of Geneva and the Vallée de Joux. Founded in 1839, by Antoni Patek and Andrien Philippe, it is named after the name of its founders.
Each Patek Philippe watch embodies centuries of experience and countless hours of work. Regardless, it is a highly valuable asset that will retain its value – most probably increase over time. Many of Patek Philippe’s works are pieces of art that fetch record prices in auctions.
Introducing Patek Philippe 5520P-001
The Patek Philippe 5520RG-001, known as the Alarm Travel Time, was introduced in 2019, marking a significant addition to Patek Philippe’s lineup. This timepiece represents a fusion of traditional craftsmanship and modern functionality, catering to the needs of contemporary travelers. Crafted in rose gold, its release reflects Patek Philippe’s commitment to timeless luxury and innovation in horology.
Design and Development
The exquisite design of the Patek Philippe 5520P-001 is a testament to Patek Philippe’s genius watchmaking capable of sophisticated complications along with functionality. The watch combines its exclusive dual time zone “Travel Time” system with a 24-hour alarm mechanism, complete with a hammer that strikes on a classic gong.
Model Availability and Price
The Patek Philippe 5520P-001 was introduced alongside another Alarm Travel Time, the Ref. 5520RG-001. Designed in a platinum case, the collection is famous for its distinct design and the dual time zone system, making it a sought after watch for watch horologist. The price of this watch (pre-owned) is approx. $165,000.
Watch Specification
Patek Philippe 5520P-001
Brand | Patek Philippe |
Collection | Grand Complication |
Reference | 5520P-001 |
Also Known As | Alarm Travel Time |
Movement | Self-Winding |
Caliber | AL 30-660 S C FUS |
Dial | Ebony Black Sunburst |
Numerals | Gold Applied |
Coating | Luminescent |
Case Material | Platinum |
Diameter | 42.2 mm |
Height | 11.6 mm |
Water Resistant | 30 m |
Case Backs | Solid and Sapphire Crystal |
Interchangeable | Yes |
Strap Material | Calfskin |
Color | Black |
Buckle | Clevis Prong |
Price | On Request |
Care and Maintenance
For collectors, a Patek Philippe watch is a masterpiece of fine watchmaking and a timepiece with immense value. It is a gem to be treasured. While some prefer to keep the watches in mint condition, this timepieces are meant to be worn. And so it is necessary to take care of these watches and maintain them regularly to ensure proper functionality. Here are some tips to take care of your Patek Philippe.
- Maintain your watch regularly.
- Avoid High impact Situations when wearing your watch.
- Follow the maintenance instruction carefully.
- Avoid wearing your watch in extreme environments.
- Get your time piece insured.
How to own a Patek Philippe Watch?
Patek Philippe operates only three exclusive stores worldwide – in Geneva, London and Paris. Outside of these salons, you can purchase a new Patek Philippe watch only from one of the 78 authorized dealers in the United States.
The current environment for Patek Philippe Watches is one of high demand and limited supply. The manufacturer only produces 50,000 watches in a year – 35,000 of which are mechanical watches which are often sold out and have a long waiting list.
Salons
So getting yourself a new Patek Philippe is extremely hard and it is even hard for rare timepieces. It is necessary that you maintain great relation with the Salons to be able to own the watches as buyers already owning the watches are prioritized in the waiting list. There are only three exclusive Patek Philippe Salons – all based in Europe.
Authorized Dealers
In the case of USA, the only authorized source for getting a Patek Philippe is through the 78 Authorized Dealers operating only withing their area and only selling the watches in their area. So you cannot buy a Patek Phillipe if you are outside of the area of service of the dealers. Despite the downside it was introduced in order to help local buyers own a Patek Philippe faster without competing with outside buyers.
Non-Authorized Dealers
Thirdly, you can also own a Patek Philippe through unofficial sources, and often sell their products online and globally. These dealers are not restricted by the Brands’ regulation and can mark up the prices very high above the actual price. This comes with a benefit of avoiding the long waiting queue and the need to compete with others.
Conclusion
Introduced alongside Ref. 5520Rg-001, the Patek Philippe 5520P-001 stands out for its combination of functionality, craftsmanship, innovation, and versatility, making it a special and coveted timepiece among watch enthusiasts
Image Source: Patek Philippe 5520P-001
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