Introduced initially in 1976, the Nautilus was Patek Philippe’s first luxury sports watch in stainless steel with an integrated bracelet. Designed by Gerald Genta, the aesthetics are inspired from the same concept which resulted in the Audemars Piguet Royal Oak released four years prior similarly designed by Genta, the inspiration was a ship’s porthole. Since the launch of the very first Nautilus ref. 3700, the model was released in various case dimensions, materials and complications.

In 2006, the firm ended an era and started a new with the release of the ref. 5711. Though much of its aesthetics remain the same, the new Nautilus reference featured a more robust case design and also featured an additional center seconds. The new release also witnessed variants with complications such as the ref. 5712 and the ref. 5980. In 2015, Patek Philippe introduced a pink gold variant of the 5711 featuring an attractive “chocolate” brown dial matching perfectly with the hue of the case. Released together was the rare and luxurious ref. 5723/1R-010 featuring a baguette diamond-set bezel and indexes.

Gem-set examples of the modern Nautilus models are extremely rare and are highly sought after by collectors today as it still retains its clean and simple aesthetics with a hint of flare. The present example Patek Philippe Nautilus ref. 5723/1R-010 is offered in brand new double factory sealed condition and is accompanied by the full set of accessories. It is the first time that an example like the present is being offered at a PHILLIPS auction. A superbly elegant and exquisite iconic timepiece that will be a delight to add into any of the most important collections in the world.