Patek Philippe - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2018
    Reference No: 5723/112R-001
    Movement No: 7’157’815
    Case No: 6’226’031
    Model Name: Nautilus
    Material: 18K pink gold and ruby
    Calibre: Automatic, cal. 324 S C, 29 jewels
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet, max length 185mm
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Tiffany & Co. New York, USA dated 20th June 2018, instruction manual, product literature, leather folio, brown outer packaging, Tiffany & Co. outer packaging and fitted presentation box.

  • Catalogue Essay

    In 2006, Patek Philippe started a new chapter with the Nautilus with the introduction of the modern version via the ref. 5711. Retaining essentially a very similar aesthetic to its vintage ancestors, the new model featured a more robust case design as well as an additional center seconds complication. Along with its release were complicated references which included the likes of ref. 5712 and 5980.

    In 2015, Patek Philippe released the ref. 5711 in pink gold, being the first to be encased in the metal. Released at the same time was its extremely rare counterpart ref. 5723 featuring a gem-set bezel made available either in diamonds or rubies, with ruby examples much rarer.

    For most lovers of rare Patek Philippe timepieces, nine out of ten times, the name Tiffany & Co. would appear. With both firm’s having celebrated their long-lasting relationship of 170 years last year in 2021, the year marked an important milestone for both, with Patek Philippe announcing the discontinuation of the coveted ref. 5711 and with both firm’s collaborating together to launch the ref. 5711 Tiffany & Co. limited edition of 170 pieces in stainless steel with a Tiffany blue dial, which PHILLIPS had the pleasure to offer the first ever example at our last New York Watch Auction 2021 with all proceeds donated to charity. Achieving a spectacular result, the market grew hungrier for Tiffany & Co. signed Patek Philippe timepieces.

    The present example Patek Philippe Nautilus ref. 5723/112R-001 from circa 2018 is an extremely rare sight as it features not only the rare and desirable baguette-cut ruby-set bezel and indexes totaling 4 carats, it is also the stamp at 6 o'clock that makes this an irresistible timepiece. Incredibly rare and fresh-to-the-market, this is the first example to appear to be stamped with the prestigious brand Tiffany & Co., complete with its full set of accessories with a Patek Philippe Certificate of Origin stamped by the one and only Tiffany & Co. New York, USA. Without a single photograph of the present timepiece available on the internet, the hype is real. Offered in pristine condition and consigned by the original owner, PHILLIPS is extremely excited to present this rare gem in The Hong Kong Watch Auction: XIV.

  • 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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Property from the Original Owner Please note, this Lot is a Premium Lot. To bid on the Lot you must complete and satisfy our Premium Lot pre-registration procedure no later than 24 hours before the start of the Auction session in which it is offered. Please also note that all bidders must place bids in person, via absentee bid, or by telephone. Please contact the Department for details.


Ref. 5723/112R-001
An extremely rare, very attractive and highly sought-after pink gold wristwatch with center seconds, date, baguette-cut ruby-set bezel and indexes, chocolate brown dial, bracelet, Certificate of Origin and presentation box, retailed by Tiffany & Co.

Circa 2018
40mm diameter
Case, dial, movement, bracelet and clasp signed

HK$2,350,000 - 3,900,000 

Sold for HK$11,442,500

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2031

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022