Patek Philippe - Game Changers New York Tuesday, December 10, 2019 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2014
    Reference No: 5711/1P-010
    Movement No: 5’796’030
    Case No: 4’690’997
    Model Name: Nautilus
    Material: Platinum
    Calibre: Automatic, cal. 324 SC, 29 jewels
    Bracelet/Strap: Platinum Patek Philippe Nautilus bracelet
    Clasp/Buckle: Platinum Patek Philippe deployant clasp
    Dimensions: 43mm Diameter
    Signed: Case, dial, movement, and bracelet signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 5 September 2014, product literature, instruction manual, and leather wallet. Further accompanied by Patek Philippe Extract from the Archives confirming production in 2014 and sale on May 27th, 2014.

  • Catalogue Essay

    For the 40th anniversary of the Nautilus in 2016, Patek Philippe commemorated their revolutionary sports watches with two renditions in platinum. But for years before this, a platinum version of the 5711 was being created by the manufacture in very limited production and for Patek’s most important clients. It is believed that less than fifty pieces were made in about a five year span. Before this time, platinum Nautilus’ from Patek Philippe are virtually unheard of, with a few exceptions including of a possibly unique reference 3800 with unusual anthracite dial that appeared at auction in Geneva last fall.

    The sheer heft of these pieces and the brilliance of the blue dial contrasting against the silvery-white metal make these pieces a joy to wear on the wrist. Though first discarded by the 16th century Spanish colonists of South America who saw it as an impurity while mining silver, by the 18th century, King Louis XV of France declared that platinum was the only metal ft for a king.

    Further underscoring the rarity of this piece, the platinum version is rarely seen in public and only about four have ever surfaced at auction. The present example has been serviced but not polished, and is still sealed from this service, bearing its original certificate and literature.

  • 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. 5711/1P-010
An important and extremely rare platinum automatic wristwatch with seconds, date, bracelet, and Certificate of Origin

2014
43mm Diameter
Case, dial, movement, and bracelet signed.

Estimate
$250,000 - 500,000 
CHF249,000-498,000
€227,000-454,000
HK$1,960,000-3,920,000

Sold for $356,250

Contact Specialist
Paul Boutros
Head of Watches, Americas & International Strategy Advisor
Senior Vice President
+1 212 940 1293
pboutros@phillips.com

Game Changers

New York Auction 10 December 2019