Patek Philippe - The Hong Kong Watch Auction: XII Hong Kong Saturday, June 5, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 1986
    Reference No: 4700/1
    Movement No: 1’528’861
    Case No: 2’832’600
    Model Name: Nautilus
    Material: 18K yellow gold
    Calibre: Quartz, cal. E19 C, 7 jewels
    Bracelet/Strap: 18K yellow gold Patek Philippe bracelet, max length 170mm
    Clasp/Buckle: 18K yellow gold Patek Philippe folding clasp
    Dimensions: 26mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1986 and its subsequent date of sale on 30th January 1987.

  • Catalogue Essay

    In 1981, Patek Philippe released the ref. 4700 ladies Nautilus measuring a petite 26mm diameter case. Released in stainless steel, two tone stainless steel and gold as well as platinum the cases were made by La-Chaux-de-Fonds master casemaker Favre-Perret. It is still today the smallest ever Nautilus reference ever produced by the firm. A daunting period for the Swiss watch industry, the mid 1980s witnessed heights of the quartz crisis. The ref. 4700 differing from its older sibling ref. 3700 were powered by the firm’s quartz cal. E19 C. Offering a wide array of variations across all metals it is believed that over 36 known variants of the reference was produced from 1981 to 2004.

    The present example Patek Philippe ref. 4700/1 in yellow gold with a smoky black ribbed dial is certainly a classic. A perfect timepiece for the discerned lady collector, the present example is further confirming by an Extract from the Archives issued by Patek Philippe.

  • 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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1017

Ref. 4700/1
A lady’s fine and rare yellow gold wristwatch with date and bracelet

1986
26mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$55,000 - 110,000 
€5,900-11,800
$7,100-14,100

Sold for HK$239,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XII

Hong Kong Auctions 5-6 June 2021