Patek Philippe - The Geneva Watch Auction: XIV Geneva Friday, November 5, 2021 | Phillips
  • Manufacturer: Patek Philippe
    Year: 2016
    Reference No: 5976/1G
    Movement No: 5'998'048
    Case No: 6'147'411
    Model Name: Nautilus "Anniversary"
    Material: 18K white gold
    Calibre: Automatic, cal. CH 28-520 C, 35 jewels, stamped with the Patek Philippe Seal
    Bracelet/Strap: 18K white gold Patek Philippe bracelet
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 44mm Diameter
    Signed: Case, dial and movement signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped by Cyprus retailer Anastasios Stephanides and dated December 21, 2016, limited edition Attestation, sealed and numbered factory paper box, sealed and numbered plastic slip, product literature, leather document holder, numbered envelope, cork presentation box and outer packaging.

  • Catalogue Essay

    The Patek Philippe’s Nautilus is one of the most iconic and cherished luxury wristwatches of all time. In commemoration of the model’s 40th anniversary, the brand launched two limited edition Nautilus watches fitted with special dials embossed with 1976-40-2016. The reference 5976 is indeed one of the two - the other being a time-only model.

    It features a flyback chronograph, date, and diamond-set hour markers – housed within an enlarged case. At 44mm, it is so far the largest in the Nautilus family and, combined with the commemorative dial, renders the model a sight to behold, and in the literal sense. Only in real life one can appreciate the true subtle hue of the dial, feel the weight of the object, wear it and realize that despite its size the watch manages to remain elegant.

    The model is obviously an evolution of the earlier reference 5980, which was released in 2006 as part of the brand’s 30th anniversary celebration of the model. Powered by the same caliber CH 28-520 C as found in the reference 5980, the reference 5976 shares the same case thickness, though with its larger case diameter, wears thinner and very comfortably on the wrist. The baguette diamond hour markers tastefully embellish the dial, adding a luxurious touch to this impressive watch.

    It was produced in a limited edition of 1300 examples, which immediately were acquired by Patek Philippe's most distinguished clientele.

    The present example of the model is obviously distinguished by its "double sealed" status, meaning that not only the plastic slip housing the watch was never opened, but it was never even taken out of the factory carton bag, which still retains unmolested the numbered label sealing it shut.

    By definition, it is impossible to find a watch in better condition than this. At most one could try and find one in equal condition, but given the strict guidelines Patek Philippe issued to ADs about delivering sealed pieces, there is no doubt that such a quest would have minimal chance of success. The present watch is without an incredibly scarce exception to the rule, most likely the result of a request from a VIP client of such importance that the company had to oblige.

  • 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. 5976/1G
A "double sealed", highly impressive and supremely collectible white gold flyback chronograph wristwatch with date, diamond-set numerals, bracelet, guarantee and box, part of a 1'300 pieces limited edition made for Patek Philippe's 175th anniversary

44mm Diameter
Case, dial and movement signed

CHF150,000 - 300,000 

Sold for CHF604,800

Contact Specialist

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

The Geneva Watch Auction: XIV

Geneva Auction 5 & 7 November 2021