Patek Philippe - The Hong Kong Watch Auction: XIII Hong Kong Thursday, November 25, 2021 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 2015
    Reference No: 5723/112R-001
    Movement No: 5’887’044
    Case No: 6’065’072
    Model Name: Nautilus
    Material: 18K pink gold and rubies
    Calibre: Automatic cal. 324SC, 29 jewels
    Bracelet/Strap: 18K pink gold Patek Philippe bracelet, max length 180mm
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 42.5mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin stamped Boodles LTD United Kingdom dated 9th July 2015, 3 additional links, hangtag, instruction manual, product literature, leather folio, envelope, slipcase, fitted presentation box and outer packaging.

  • Catalogue Essay

    Introduced initially in 1976, the Nautilus designed by Gerald Genta was Patek Philippe’s first luxury sports watch in stainless steel with an integrated bracelet. 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 one 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 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 ref. 5711 along with the ref. 5723 featuring a delicious “chocolate” brown dial matching perfectly with the red hue of the case.

    Romantically set with 32 baguette-cut rubies on the bezel with 11 ruby-set indexes, the modern ref. 5723 Nautilus models are extremely rare and are highly sought after by collectors today as it still retains its sporty aesthetics with a touch of flamboyance. The present example Patek Philippe Nautilus ref. 5723/112R-001 is offered in stunning condition with sparing use, accompanied by the Certificate of Origin and its 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 to 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. 5723/112R-001
A very rare, fine and attractive pink gold baguette-cut ruby-set wristwatch with center seconds, date, ruby-set indexes, chocolate brown dial, bracelet, Certificate of Origin and presentation box

Circa 2015
42.5mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$1,550,000 - 3,100,000 
€172,000-344,000
$199,000-397,000

Sold for HK$4,914,000

Contact Specialist

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

The Hong Kong Watch Auction: XIII

Hong Kong Auctions 25-26 November 2021