Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa2020
    Reference No: 5711/1A-010
    Movement No: 7’311’838
    Case No: 6’370’768
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal. 26-330 SC, 29 Jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 200mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 42.5mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated August 13, 2020, Patek Philippe wooden presentation box, hang tag, leather envelope, product literature, and outer packaging.

  • Catalogue Essay

    With the Nautilus, Patek Philippe would seek out Gerald Genta for a design to go beyond haute horlogerie, to create a luxury sports watch. Inspired by the portholes of transatlantic ocean liners, it was named after Captain Nemo’s Nautilus submarine from Jules Verne’s Twenty Thousand Leagues Under the Sea. The “Jumbo” case with wide flat bezel, integrated steel link bracelet, and ultra-thin automatic movement had a masculine aesthetic compared to the smaller dressy gold mechanical watches of the time. While it was initially not well received, its popularity quickly grew, and has been a mainstay of Patek Philippe’s collection until the present day. Patek Philippe produced two versions of the Nautilus reference 3700 in stainless steel; 3700/1 from 1976 to about 1981, and the 3700/11, which was in production from 1981 to 1990.

    In 2006 Patek Philippe introduced their 30th anniversary models including the 5711, the 5712, the 5980 (the first Nautilus with a chronograph function), and the 5800 (the 37mm descendent of the 3800), all available in steel. Filled with innovations and updated for modern times, slight variations can be seen between the modern 5711 and original 3700. Instead of the original two-piece monobloc case, the reference 5711 has a three-piece case allowing for easier assembly, servicing, and included an exhibition caseback. The 5711 also measures 1mm wider than the 3700 and 0.7mm thicker, and is fitted with an in-house self-winding movement permitting a center seconds indication. A higher-grade of steel used with the 5711 improved corrosion resistance, and the bracelet was upgraded and refined, with the center links slightly flattened and the buckle now triple folding.

    The present lot manufactured in late 2020, is offered at auction for the first-time, and is perfectly preserved in brand new, unworn condition. The watch is accompanied by its Certificate of Origin and presentation box, and will appeal to discerning collectors seeking a complete, well-preserved example of the iconic Nautilus.

  • Artist Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Lot offered with No Reserve

Ref. 5711/1A-010
A brand new, very fine and rare stainless steel wristwatch with date, bracelet, Certificate of Origin, hang tag, and presentation box

Circa2020
42.5mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$40,000 - 80,000 
CHF39,500-79,100
€37,900-75,700
HK$314,000-628,000
S$55,400-111,000

Sold for $170,100

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

WatchesNY@Phillips.com

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

iproia@phillips.com

The New York Watch Auction: SIX

New York Auction 11-12 June 2022