Patek Philippe - The Geneva Watch Auction: XVII Geneva Saturday, May 13, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5711/1P-001
    Movement No: 7'014'629
    Case No: 6'143'070
    Model Name: Nautilus
    Material: Platinum
    Calibre: Automatic, cal. 324 S C, 29 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet, max length 190mm
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 22 November, 2016, Patek Philippe Attestation confirming the watch is part of a limited edition of 700 pieces made in platinum, original Patek Philippe cork presentation box, leather envelop, product literature and outer packaging.

  • Catalogue Essay

    Originally introduced more than 45 years ago, the Patek Philippe Nautilus redefined the meaning of luxury with the use of stainless steel for high-end wristwatches. Designed by Gerald Genta in 1976, supposedly dining one night meters away from Patek Philippe executives, the Nautilus took its inspiration from the porthole of a ship constructed via solid mono-block case with octagonal bezel.
    In celebration of one of the most iconic and globally acclaimed model, Patek Philippe in 2016 revealed two limited edition references to celebrate its 40th anniversary.

    The reference 5976/1G chronograph (limited to 1,300 pieces) and the reference 5711/1P-001 (limited to 700 pieces), like the present example, where both presented at Baselword with a never seen before shade of blue ribbed dial, with its commemoration dates stamped on the surface “1976-40-2016”, this feature is one that has never been witnessed on a Nautilus model before. Cased in platinum, with an extremely delightful shade of the blue, the present timepiece sits extremely comfortably on the wrist with its heftiness giving that extra flavour of presence one looks for in a watch.

    Extremely sought-after in today's market, the reference 5711/1P-001 is a celebration not only of a design and model, but also of Patek Philippe's visionary and avant-garde philosophy that continuously surprises collectors today. Offered in “like new” overall condition, and further accompanied by its full set of accessories the present timepiece is an opportunity for connoisseurs to collect a milestone of a globally acclaimed timepiece, surely not to be missed.

  • 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 very fine, rare and highly sought-after limited edition platinum wristwatch with center seconds, date, diamond-set indexes, bracelet, certificate of origin and presentation box, limited edition of 700 pieces, made for the 40th Anniversary of the Nautilus

2016
40mm Diameter
Case, dial, movement and bracelet signed

Estimate
CHF250,000 - 500,000 
€260,000-520,000
$286,000-571,000

Sold for CHF406,400

Contact Specialist

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

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

The Geneva Watch Auction: XVII

Geneva Auction 13 - 14 May 2023