Patek Philippe - The Geneva Watch Auction: XVIII Geneva Friday, November 3, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2015
    Reference No: 5711/1P-010
    Movement No: 5'913'954
    Case No: 6'054'327
    Model Name: Nautilus
    Material: Platinum
    Calibre: Automatic, cal. 324 SC, 29 jewels
    Bracelet/Strap: Platinum Patek Philippe bracelet, full links
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 43mm Width
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated December 29, 2015, presentation box and outer packaging.

  • Catalogue Essay

    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 the client, if she or he is deemed worthy. One of the rarest, if not most exclusive variants of the Nautilus family, is the present watch. The "original" off catalog watch, this platinum Nautilus is possibly one of the most understated ultimate luxury watches ever produced, long before the introduction of the 40th anniversary platinum Nautilus that is so well- known today. At the time of its launch in 2013, it was released with such little fanfare, that many did not even know of its existence, let along how it felt on the the wrist.

    At first glance, the present watch may seem like a standard, albeit well-preserved stainless steel classic Nautilus. Yet, closer inspection reveals a completely different story, setting the present watch apart from the rest of the crown. A miniscule diamond is present on the bezel at 6 o'clock - Patek Philippe's secret code of signifying platinum, the noblest and most exclusive of all precious metals. As such, it sets the watch entirely apart and in a different league from the rest of standard Nautilus models.

    Its heft is particularly noteworthy. If one uses the relative densities of platinum and stainless steel as a guide, the platinum Nautilus should be almost three times as heavy as the steel version. Furthermore, the platinum case has a brighter and lucid appearance the stainless steel, making the watch almost glow in appearance. Finally, while both dials display a horizontal guilloche pattern, the blue dial of the platinum model is brighter and more vivid. While these differences are subtle, they are clearly visible to the connoisseur and trained eye, making this timepiece an "if you know, you know" kind of timepiece.

    So rare is this timepiece that only eight examples have ever appeared on the auction market, including the present watch.

    Fresh to the auction market, the present watch is brand new and double sealed, adding even more to its desirability. As such, it is a study of originality, showing how a reference 5711/1P should look when it is brand new, from the edge of the lugs, to the case finishing and all the hallmarks - all are original, as if the timepiece left the Patek Philippe yesterday.

  • 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.

    View More Works

119

Ref. 5711/1P-010
An important and rare platinum wristwatch with center seconds, date, bracelet, certificate of origin and presentation box, double sealed

2015
43mm Width
Case, dial, movement and bracelet signed

Estimate
CHF350,000 - 500,000 
€363,000-519,000
$385,000-550,000

Sold for CHF571,500

Contact Specialist

Alexandre Ghotbi
Deputy Chairman, Watches, Head of Watches, Europe, and Middle East

+41 79 637 17 24
AGhotbi@phillips.com

Tiffany To
Head of Sale, Geneva

+41 79 460 55 88
TiffanyTo@phillips.com

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The Geneva Watch Auction: XVIII

Geneva Auction 3 - 4 November 2023