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

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  • Manufacturer: Patek Philippe
    Year: Circa 2013
    Reference No: 5724G-001
    Movement No: 5’735’284
    Case No: 4’616’901
    Model Name: Nautilus
    Material: 18K white gold
    Calibre: Automatic, cal. 240 PS IRM C LU, 29 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold and diamond-set Patek Philippe deployant clasp
    Dimensions: 40mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 26th August 2013 stamped The Hour Glass Japan Ltd., instruction manual, product literature, setting pin, slip case, leather folio, outer packaging and fitted presentation box.

  • Catalogue Essay

    In 2006, Patek Philippe released a new line of their coveted Nautilus model featuring for the first time, variants with complications such as the ref. 5712 and ref. 5980. While all its signature elements of the Nautilus are retained, the dial featured more than just a set of hands and a date aperture. The ref. 5712 is powered by the manufacturer's micro-rotor caliber 240 with a date function, small seconds, moon phases and a power reserve indication of up to 48 hours. Extremely successful and iconic, the reference has gained much attention in the market over the years and is arguably one of the most sought after timepieces in the market today.

    Initially launched in stainless steel with an integrated bracelet and a variant in white gold with a leather strap, the model was also available with baguette diamond-set examples in white gold and pink gold via the refs. 5722G, 5722R, 5724G and 5724R. All four references featured a baguette diamond-setting on the case with ref. 5722 only bearing a diamond-set bezel and the ref. 5724 with a diamond-set bezel and lugs. Providing a glamorous appeal to the 5712, the ref. 5724G is perfect for an important black tie event while the 5712A is a perfect timepiece for daily wear, both most importantly featuring the same complications.

    The present example Patek Philippe Nautilus ref. 5724G-001 is presented in excellent overall condition with very light and careful wear. Offered with the full set of accessories, the present reference was discontinued this year by Patek Philippe making this a rare opportunity for collectors to acquire one presented in this condition.

  • 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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Σ986

Ref. 5724G-001
A very fine and exquisite white gold. baguette diamond-set wristwatch with small seconds, date, moon phases, power reserve indication, diamond-set indexes, Certificate of Origin and presentation box

Circa 2013
40mm diameter
Case, dial, movement and clasp signed

Estimate
HK$1,240,000 - 1,500,000 
€134,000-162,000
$159,000-192,000

Sold for HK$1,386,000

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