Patek Philippe - Racing Pulse New York Saturday, December 12, 2020 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2018
    Reference No: 5980/1AR-001
    Movement No: 7’165’171
    Case No: 6’277’867
    Model Name: Nautilus Chronograph
    Material: Stainless steel and 18K pink gold
    Calibre: Automatic, cal. 28-520 C
    Bracelet/Strap: Stainless steel and 18K pink gold Patek Philippe Nautilus bracelet, max length 180mm, additional links measuring 25mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 43.5mm Diameter
    Signed: Case, dial, movement, bracelet, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated November 5th, 2018 indicating sale at the Tiffany & Co. Patek Philippe boutique in New York. Additoinally accompanied by four extra links in a Tiffany & Co. pouch, product literature, leather folio, fitted presentation box, and Tiffany & Co. outer packaging.

  • Catalogue Essay

    The reference 5980 was the first Nautilus offered with a chronograph function, making its debut in an all steel version in 2006. Powering the 5980 was Patek Philippe’s first in-house, self-winding chronograph, the caliber CH 28-520. To simplify the layout of the dial, Patek chose to combine all of the chronograph functions into one co-axial subdial for elapsed minutes and hours, similar to the annual calendar ref. 5960, an innovative and unusual time display for the manufacture. The two-tone 5980, in stainless steel and 18K pink gold, was introduced at Baselworld in 2013.

    Two-tone watches, while extremely popular during the 1980s, have in recent years made a strong come back. The desirability of two-tone is two-fold: an aesthetic statement, adding contrasting color and presence to the wrist, and a way to balance affordability with elegance. Stainless steel and pink gold is a much rarer combination than stainless steel and yellow gold, yet it is utterly harmonious when paired with a vivid ultramarine dial.

    Of course, the rarity and desirability of this particular reference 5980 is found on the dial: the prestigious and elusive Tiffany & Co. signature. The enduring partnership between Patek Philippe and Tiffany & Co. has resulted in some of the most coveted timepieces of the modern era. The earliest piece known from Patek Philippe to be sold through Tiffany & Co. was delivered on December 31st, 1852, a hunter case pendant watch with blue enamel guilloché and diamond stars on the front and back covers. Since the 1990s, Tiffany & Co. remains the only retailer that is still allowed to stamp their logo on the dial of Patek Philippe watches.

    The present reference 5980 is fresh-to-the-market and remains in as-new, unworn condition, and is accompanied by its full complement of original accessories, including its robin’s egg blue Tiffany & Co. outer packaging.

    Consigned by the Original Owner

  • 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. 5980/1AR-001
A very fine and pristine stainless steel and pink gold chronograph wristwatch with date, integrated bracelet, and Certificate of Origin, retailed by Tiffany & Co.

2018
43.5mm Diameter
Case, dial, movement, bracelet, and clasp signed.

Estimate
$60,000 - 120,000 
CHF55,000-110,000
€50,900-102,000
HK$465,000-930,000

Sold for $151,200

Contact Specialist

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

Racing Pulse

New York Auction 12 December 2020