Patek Philippe - The Hong Kong Watch Auction: X Hong Kong Friday, July 10, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1976
    Reference No: 3700/1A
    Movement No: 1’305’307
    Case No: 533’980
    Model Name: Nautilus “Jumbo”
    Material: Stainless steel
    Calibre: Automatic, cal. 28’255, 36 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 180mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 42mm width
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Further delivered with Patek Philippe Extract from the Archives confirming its date of manufacture in 1976 and its subsequent date of sale on 4th January 1978.

  • Catalogue Essay

    Considered as one of the modern greats, the Nautilus ref. 3700 was the first of its kind manufactured by Patek Philippe designed by none other than the late Gerald Genta. With competition rising to create a luxury sports watch in stainless steel, Audemars Piguet was the first introducing the Royal Oak in 1972 similarly designed by Genta. It was not until four years later that Patek Philippe introduced the 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. Taking inspiration from a porthole of a ship, the case is constructed via a solid monobloc backcase with a distinctive rounded octagonal bezel secured by four lateral screws to ensure waterproof capabilities of up to 120 meters.

    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 example ref. 3700/1 is offered in attractive overall condition displaying some slight tropicalization on the dial. Boasting a crisp case with desired bevels and a clean bezel, the dial features dotted minute tracks of the first transitional example from its earlier examples featuring baton minute tracks.

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

42mm width
Case, dial, movement, bracelet and clasp signed

HK$470,000 - 780,000 

Sold for HK$687,500

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001


The Hong Kong Watch Auction: X

Hong Kong Auction 10 July 2020