Patek Philippe - The Geneva Watch Auction: XV Geneva Saturday, May 7, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2018
    Reference No: 5723/1R
    Movement No: 7'026'262
    Case No: 6'194'946
    Model Name: Nautilus
    Material: 18K pink gold and diamonds
    Calibre: Automatic, cal. 324SC, 29 jewels
    Bracelet/Strap: 18K Patek Philippe bracelet measuring 205mm max length
    Clasp/Buckle: 18K Patek Philippe deployant clasp
    Dimensions: 42.5mm Diameter
    Signed: Case, dial, movement and bracelet signed Patek Philippe, dial further signed Tiffany & Co.
    Accessories: Accompanied by Patek Philippe fitted box, Certificate of Origin dated January 31, 2018 stamped Tiffany &Co. leather wallet, product literature, Patek Philippe outer packaging and Tiffany & Co. outer box

  • Catalogue Essay

    The present Nautilus reference 5723 is not only achingly beautiful but extremely rare as it is the only known example in pink gold signed Tiffany & Co.

    Patek Philippe’s Nautilus is one of the most intensively sought-after timepieces on the planet. When one considers that the status which accompanies this model is merged with its incredible aesthetics - rendering it one of the most versatile models ever designed by Patek Philippe, it is easy to understand the incredible appeal of the piece.

    Even in this rarefied world made of endless waiting lists and incredibly strict allocation systems, there are different levels of rarity. While indeed some Nautilus models are more collectible than others, the true endgame lies within the “out of catalogue” products. It is relatively common practice on part of Patek Philippe to occasionally offer to their most important clients the opportunity of buying watches that are not part of the public collection, but rather made in extremely low numbers and offered directly to their most discerning clients.

    The present reference 5723/1R is part of this incredibly rare category as only 3 pieces are known, with different dials, the present – fresh to the market – being the only known with Tiffany & Co. signature taking its rarity and desirability to a whole new level.

    Ref 5723 was launched alongside ref 5711 in pink gold. Both sharing a rich pink gold case and warm chocolate brown dial. Ref 5723 being further enhanced with 32 baguette cut diamonds on the bezel and 12 baguette cut diamonds as hour indexes.

    In overall excellent condition and complete with its full set of accessories including the blue Tiffany & Co. pouter box, the present reference 5723 is most probably one of the rarest of all nautilus models ever produced.

  • 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. 5723/1R
An extremely attractive pink gold and diamond-set wristwatch with center seconds, date, bracelet, certificate of origin and presentation box, retailed by Tiffany & Co. and the only publicly known example in this configuration

42.5mm Diameter
Case, dial, movement and bracelet signed Patek Philippe, dial further signed Tiffany & Co.

CHF180,000 - 360,000 

Sold for CHF998,000

Contact Specialist

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

+41 22 317 81 81

Tiffany To
Head of Sale, Geneva

+41 22 317 96 63

The Geneva Watch Auction: XV

Geneva Auction 7 - 8 May 2022