Patek Philippe - The Geneva Watch Auction: XVI Geneva Saturday, November 5, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1979
    Reference No: 3700/1
    Movement No: 1'308'541
    Case No: 538'777
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal. 28-255, 36 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 185mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 42mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1979 and its subsequent sale on August 29th, 1980.

  • Catalogue Essay

    Since its introduction more than 45 years ago, the Patek Philippe Nautilus unveiled in 1976 altered the idea of a luxury sports watch in steel and truly revolutionized the landscape within the watch industry. The opus drawn by the legendary Gérald Genta whilst dining meters away from the Patek Philippe executives was inspired by the porthole of a ship constructed via a solid mono-block case with octagonal bezel. The quick sketch of his became a true timeless horological masterpiece that is now more popular than ever to be known as the “Jumbo” Nautilus ref. 3700.

    Developed in the midst of the quartz crisis, the relentlessness to preserve haute horology and to execute something truly special commanding the price of a gold watch was most definitely a calculated risk taken by the firm, which clearly paid off. In fact advertisements from the launch era boast the fact that one of the most expensive watches in the world was made of steel.

    The production of the 3700 was segmented into two main series with early examples (1976-1982) stamped with ref. 3700/1 and later examples (1982-1990) stamped with 3700/11. Early examples of the model featured a slightly wider bracelet measuring 16mm whilst later examples measured 14mm. The very first examples highlighted dials with small painted baton outer minute tracks, witnessed in examples bearing a case number lower than 1’303’999 and a movement number lower than 533’500. The second dial type featured a dotted outer minute track with “sigma SWISS sigma” applied on the bottom of the dial with an absence of serifs on the typography of the signature. As the dials for the reference were all handmade, the ribbed texture is achieved by carving each individual horizontal furrow by hand, the white gold applied hour markers were also handmade with the luminous material applied after.

    The present watch was bought at the Patek Philippe Geneva salon by the father of the consignor who then gifted it to his son.

  • 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. 3700/1
A game changing, rare and attractive stainless steel wristwatch with date and bracelet

42mm Diameter
Case, dial, movement and bracelet signed

CHF70,000 - 140,000 

Sold for CHF126,000

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: XVI

Geneva Auction 5 - 6 November 2022