Patek Philippe - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5723/1R-010
    Movement No: 5’833’592
    Case No: 6’030’960
    Model Name: Nautilus
    Material: 18K pink gold and diamonds
    Calibre: Automatic, cal. 324 S C, 29 jewels
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet
    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 dated 29th September 2015 stamped Watches of Switzerland, London, instruction manual, product literature, hang tag, leather folio, leather wallet, outer packaging and fitted presentation box.

  • Catalogue Essay

    Introduced initially in 1976, the Nautilus was Patek Philippe’s first luxury sports watch in stainless steel with an integrated bracelet. Designed by Gerald Genta, the aesthetics are inspired from the same concept which resulted in the Audemars Piguet Royal Oak released four years prior similarly designed by Genta, the inspiration was a ship’s porthole. Since the launch of the very first Nautilus ref. 3700, the model was released in various case dimensions, materials and complications.

    In 2006, the firm ended an era and started a new with the release of the ref. 5711. Though much of its aesthetics remain the same, the new Nautilus reference featured a more robust case design and also featured an additional center seconds. The new release also witnessed variants with complications such as the ref. 5712 and the ref. 5980. In 2015, Patek Philippe introduced a pink gold variant of the 5711 featuring an attractive “chocolate” brown dial matching perfectly with the hue of the case. Released together was the rare and luxurious ref. 5723/1R-010 featuring a baguette diamond-set bezel and indexes.

    Gem-set examples of the modern Nautilus models are extremely rare and are highly sought after by collectors today as it still retains its clean and simple aesthetics with a hint of flare. The present example Patek Philippe Nautilus ref. 5723/1R-010 is offered in brand new double factory sealed condition and is accompanied by the full set of accessories. It is the first time that an example like the present is being offered at a PHILLIPS auction. A superbly elegant and exquisite iconic timepiece that will be a delight to add into any of the most important collections in the world.

  • 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. 5723/1R-010
A very fine and rare pink gold, baguette diamond-set wristwatch with center seconds, date, baguette diamond-set indexes, bracelet, Certificate of Origin and presentation box, double factory sealed

Circa 2015
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$1,170,000 - 1,950,000 
€126,000-210,000
$150,000-250,000

Sold for HK$2,079,000

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2001

WatchesHK@phillips.com

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020