Patek Philippe World Time

About this reference

The Patek Philippe Reference 1415 was produced from approximately 1939 until 1954, representing the brand’s first world time model made in series. Collectors value this reference for its manual-wind Caliber 12-120 HU movement and the Louis Cottier-designed rotating bezel engraved with city names, which allows for simultaneous timekeeping across twenty-four zones. The 31mm 18k yellow gold case features teardrop lugs and a hand-guilloché or silvered dial. Production was limited, with an estimated 82 yellow gold examples identified to date. On the secondary market, prices typically fall within the mid-to-high six-figure range, though exceptional examples can exceed one million dollars. A notable production variant includes the rare cloisonné enamel dial versions; one such example in yellow gold achieved a sale price of approximately 1.2 million CHF at a 2021 auction, reflecting the premium placed on decorative dial variations within this reference.