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884✱
Patek Philippe
Ref. 5711/1P-001
Nautilus
A very fine, rare and highly sought-after limited edition platinum wristwatch with center seconds, date, diamond-set indexes, bracelet, Certificate of Origin and presentation box, limited edition of 700 pieces, made for the 40th Anniversary of the Nautilus
- Estimate
- HK$1,500,000 - 3,000,000€191,000 - 382,000$192,000 - 385,000
Lot Details
- Manufacturer
- Patek Philippe
- Year
- Circa 2017
- Reference No
- 5711/1P-001
- Movement No
- 7’034’567
- Case No
- 6’176’750
- Model Name
- Nautilus
- Material
- Platinum
- Calibre
- Automatic, cal. 324 S C, 29 jewels
- Bracelet/Strap
- Platinum Patek Philippe bracelet, max length 190mm
- Clasp/Buckle
- Platinum Patek Philippe deployant clasp
- Dimensions
- 40mm diameter
- Signed
- Case, dial, movement, bracelet and clasp signed
- Accessories
- Accompanied by Patek Philippe Certificate of Origin stamped Vaccari Gioelli dated 24th April 2017, attestation, instruction manual, product literature, outer packaging and fitted cork presentation box.
Specialist
Full-Cataloguing
Catalogue Essay
It is fair to say that today collectors are seeing a new dimension in the Nautilus collection as 2022 marks the 45th anniversary for the famed model with the anticipation that a new chapter will be introduced marking an end to one of the greatest and most iconic periods of the Nautilus. The past decade has been an interesting one for the Nautilus, where the market witnessed the rise in demand and value on a whole new level, new complications implemented and finally, record breaking auction results.
First launched in 1976, the Patek Philippe Nautilus was the firm’s answer to the rising trend for luxury stainless steel sports watches. Designed by none other than Gearld Genta, the inspiration from a ship’s porthole is one that was familiar through the Royal Oak released four years prior. With that said, the Nautilus is certainly a class of its own featuring a streamlined design that has been refined over the years interpreted through all the references launched.
In 2016, Patek Philippe sent shockwaves through Baselworld when they revealed two limited edition references to celebrate the 40th anniversary of the Nautilus via the ref. 5976/1G chronograph (limited to 1,300 pieces) and the 5711/1P-001 (limited to 700 pieces). Both presented with a never seen before shade of blue ribbed dial, with its commemoration dates stamped on the surface “1976-40-2016”, the feature is one that has never been witnessed on a Nautilus model before.
One of the most sought-after Nautilus references in the market today, the ref. 5711/1P-001 has witnessed a tremendous growth in value. With the discontinuation of the ref. 5711, the demand for the reference has sored even more. The present example from circa 2017 is fresh-to-the-market and is offered in “like new” overall condition, complete with its full set of accessories.
First launched in 1976, the Patek Philippe Nautilus was the firm’s answer to the rising trend for luxury stainless steel sports watches. Designed by none other than Gearld Genta, the inspiration from a ship’s porthole is one that was familiar through the Royal Oak released four years prior. With that said, the Nautilus is certainly a class of its own featuring a streamlined design that has been refined over the years interpreted through all the references launched.
In 2016, Patek Philippe sent shockwaves through Baselworld when they revealed two limited edition references to celebrate the 40th anniversary of the Nautilus via the ref. 5976/1G chronograph (limited to 1,300 pieces) and the 5711/1P-001 (limited to 700 pieces). Both presented with a never seen before shade of blue ribbed dial, with its commemoration dates stamped on the surface “1976-40-2016”, the feature is one that has never been witnessed on a Nautilus model before.
One of the most sought-after Nautilus references in the market today, the ref. 5711/1P-001 has witnessed a tremendous growth in value. With the discontinuation of the ref. 5711, the demand for the reference has sored even more. The present example from circa 2017 is fresh-to-the-market and is offered in “like new” overall condition, complete with its full set of accessories.
Patek Philippe
Swiss | 1839Since 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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