Patek Philippe - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5711/1P-001
    Movement No: 7’027’949
    Case No: 6’161’828
    Model Name: Nautilus
    Material: Platinum and diamond
    Calibre: Automatic, cal. 324 SC, 29 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet, stamped A384HBP, max overall length 200mm
    Clasp/Buckle: Platinum Patek Philippe double deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and clasp signed.
    Accessories: Accompanied by a Patek Philippe Certificate of Origin, Patek Philippe Attestation confirming the watch is one of 700 pieces, original Patek Philippe cork presentation box, hang tag, leather envelope, product literature and outer packaging.

  • Catalogue Essay

    Patek Philippe’s Nautilus wristwatch was released in 1976, quickly becoming an instant success that has been a mainstay of the brand’s product line ever since. The Gérald Genta-designed luxury sports watch took its inspiration from Captain Nemo’s Nautilus submarine from Jules Verne’s Twenty Thousand Leagues Under the Sea. Over the ensuing years, the Nautilus continued to evolve, with many different variants such as the brand’s first Nautilus with a complication, the reference 3710 with power reserve, released in 1998.

    The present Nautilus reference 5711P/1P was released in 2016 to celebrate the 40th anniversary of the Nautilus and pays tribute to the first Nautilus “Jumbo” reference 3700/1A with date. For this special occasion, the watch is cased in luxurious platinum and features elegant and tasteful diamond-set hour markers. Released alongside another special edition Nautilus, the reference 5976/1G chronograph in white gold, they were offered in a limited edition of 700 examples for the platinum 5711P/1P and 1300 examples for the white gold 5796/1G. Both watches feature a blue dial with baguette diamond hour markers, and “1976-40-2016” embossed on the dial at six o’clock.

    Offered by the original owner, the timepiece is complete with its certificate of origin and cork presentation box. This is a rare opportunity to own an important, milestone Nautilus model.

    CONSIGNED BY THE ORIGINAL OWNER

  • 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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Ref. 5711/1P-001
A rare and highly attractive platinum and diamond-set wristwatch with date and bracelet, with Certificate of Origin and original cork presentation box, limited edition of 700 pieces; made for the 40th Anniversary of the Nautilus

2016
40mm Diameter
Case, dial, movement and clasp signed.

Estimate
$250,000 - 500,000 
CHF225,000-450,000
€234,000-468,000
HK$1,950,000-3,900,000
S$340,000-679,000

Sold for $381,000

Contact Specialist

Paul Boutros
Deputy Chairman and 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: NINE

New York Auction 9 - 10 December 2023