Patek Philippe 5131/1P

Patek Philippe

Ref. 5131/1P

Watch n° 237 for number of VIPs spotted with this watch
Patek Philippe n° 54 for number of VIPs spotted with this watch
Number of VIPs spotted with this watch: 4
Number of total spotted: 4
Preferred VIP category: royal (1 VIP)
List price: €124.990
Market price: unknown

The Patek Philippe 5131/1P has attracted a notably diverse group of public figures, which itself tells a story about where this watch sits in the collector hierarchy. Prince Abdul Mateen of Brunei — son of Sultan Hassanal Bolkiah and a figure accustomed to serious horology — has been spotted wearing the platinum reference, lending it a genuinely royal pedigree. Alongside him, former Premier League footballer Daniel Sturridge, Taiwanese-American singer Will Pan, and Hollywood actor Mark Wahlberg have each been seen with the 5131/1P on the wrist. That combination of old-money royalty, sports wealth, Asian entertainment money, and Hollywood A-list is a fairly accurate map of who actually gets access to this watch.

Access is the operative word. The 5131/1P is produced in platinum, and Patek Philippe has never been forthcoming about production numbers for any reference — but the secondary market tells its own story. At retail, the piece carries a price in the region of $60,000–$70,000 depending on market and configuration, but finding one at that price requires an established relationship with an authorised dealer and, in most cases, a meaningful purchase history with the brand. On the secondary market, examples regularly trade well above retail, reflecting both constrained supply and sustained collector demand. Waitlists at authorised dealers can stretch across years rather than months, which is part of why sightings on the wrists of celebrities carry weight — ownership signals access as much as it signals taste.

The 5131/1P houses Patek's calibre 240 HU, a self-winding movement displaying time across 24 world cities via a cloisonné enamel dial — a craft process that contributes directly to both the price and the production constraint. Prince Abdul Mateen's repeated association with serious Patek references has helped draw wider attention to the 5131/1P among a younger, globally connected audience.