Patek Philippe - The Geneva Watch Auction: XI Geneva Sunday, June 28, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2017
    Reference No: 5980/1R
    Movement No: 7'056'068
    Case No: 6'178'175
    Model Name: Nautilus, "The Boss"
    Material: 18K pink gold
    Calibre: Automatic, cal. CH 28-520 C, 35 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet stamped "A384GAP", max length 180mm
    Clasp/Buckle: 18K pink gold Patek Philippe double deployant clasp
    Dimensions: 43.5mm Width
    Signed: Case, dial, movement and clasp signed by maker, dial further signed by retailer
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by New York retailer Tiffany & Co. and dated May 4, 2017, 5 extra links, setting pin, original sale ticket, numbered envelope, numbered paper box, numbered sale tag, numbered plastic sleeve, Patek Philippe travel pouch, blue Tiffany & Co pouch, fitted wooden presentation box, Tiffany & Co. blue outer packaging, additional Tiffany & Co. blue box

  • Catalogue Essay

    Few modern non gem-set watches command more attention and bear more gravitas than the pink gold version of the Nautilus Chronograph reference 5980 with gold bracelet.

    It manages to unite under one case the ineffable elegance of the Genta-designed Nautilus architecture, and the unrestrained statement-power of a full gold wristwatch. While this design is quite opposite to the understatement the Patek Philippe name is famous for, it is intriguing how the company succeeds in achieving a balance between unrestrained opulence, technicality and elegance. Using a metaphor, one could say that this is not a timepiece that screams to the world about wealth and exclusivity. Rather, it conveys the same concepts with a magnetic stare: it is more Rockefeller than Jay Gatsby. So powerful is its design that in the Phillips Geneva office it actually has come to be known with the nickname “The Boss”.

    Given the nearly mystical appeal of this timepiece, it is no surprise that the model is now arguably the most widely sough-after chronograph in current production by any brand.

    This piece is not only offered in excellent condition, but furthermore it is one of the exceedingly rare examples retailed by New York jewelry powerhouse Tiffany & Co, its name subtly printed on the dial below the Patek Philippe signature. The appeal of double-signed timepieces well exceeds that of their standard siblings given the rarity and the added veil of exclusivity that comes with the name of an important retailer - especially one as well-known and respected as Tiffany & Co. - on the dial.

  • 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. 5980/1R
A spectacular, massive and extremely rare pink gold automatic chronograph wristwatch with date, bracelet and Certificate retailed by Tiffany & Co.

2017
43.5mm Width
Case, dial, movement and clasp signed by maker, dial further signed by retailer

Estimate
CHF100,000 - 200,000 
€92,700-185,000
$109,000-219,000

Sold for CHF250,000

Contact Specialist

Alexandre Ghotbi
Head of Watches, Continental Europe and the Middle East

41 79 637 1724
aghotbi@phillips.com

The Geneva Watch Auction: XI

Geneva Auction 27 - 28 June 2020