To my knowledge, there are only three Patek Philippe World Time ref. 2523 with a cloisonné enamel dial depicting a map of South America.
The first one has never appeared in public: it is only described on page 159 of the book by Giampiero Negretti & Paolo de Vecchi, Patek Philippe Complicated Wrist Watches, 1999.
A/ MOVEMENT NO. 722'710 & CASE NO. 306'206 - YELLOW GOLD
The city ring features 40 city names in French with “Moscou” on top of “Aden”.
The 24h ring features white “6” and “18”.
credit: Giampiero Negretti & Paolo de Vecchi, Patek Philippe Complicated Wrist Watches
, 1999 (photo borrowed from the post from 2016 by DCC)
The
second example will be
sold by
Philipps on
May 9-10, 2026 and had
only appeared at auction
once before, on October 25th,
1988 in New York (Sotheby’s, lot 465).
The resurfacing of this model is therefore a rather major event.
B/ MOVEMENT NO. 722'711 & CASE NO. 306'212 - YELLOW GOLD
The city ring features 39 city names in French without “Moscou” on top of “Aden”.
The 24h ring features black & white “6” and “18”.
credit: Phillips
The third example, like the first one, has never appeared in public: it is only known through the book by Martin Huber & Alan Banbery Patek Philippe Genève Wristwatches (p. 241 of the second edition from 1998).
C/ THIRD EXAMPLE
The city ring features 40 city names in English with “Moscow ” above “Aden”.
The 24h ring features black & white “6” and “18”.

On the same page, Martin Huber & Alan Banbery provide
two photos of a
caliber 12’’’-400, which
seems to
belong to the
watch.
Rear view
Under-dial view

But what
puzzles me is that the
number of this
movement –
724315 –
corresponds to an
example of the ref.
2523/1 which is on display at the
Patek Philippe Museum (Inv. P-212).
credit: personal photos of my copies of the Huber/Banbery book and of the catalog of the Patek Philippe MuseumSo, I am unfortunately
unable to
specify the
movement and
case numbers of this
third example...
The only certainty is that we know of only three “South America” examples of ref. 2523 and that the only example ever to appear publicly has just resurfaced nearly 40 years after its first appearance in 1988...
Thanks for reading.
Best, Emmanuel