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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 2010
    Reference No: 5980/1A-001
    Movement No: 4’040’078
    Case No: 4’482’091
    Model Name: Nautilus Chronograph "Tiffany & Co."
    Material: Stainless steel
    Calibre: Automatic, cal. CH 28-520C, 35 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max length 200mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 43.5mm Diameter
    Signed: Case, dial, movement, bracelet, and clasp signed; dial additionally signed Tiffany & Co.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 12 January 2010 from the Tiffany & Co. salon in San Francisco, California. Further accompanied by additional bracelet screws, setting pin, product literature, leather wallet, inner and outer presentation boxes.

  • Catalogue Essay

    Presented in 2006, reference 5980/1 was launched alongside its time-only sibling, the reference 5711, as the first-ever Nautilus model to bear a chronograph complication. Surprising at first, it has since become a wildly successful reference, sought by collectors the world over. 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 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 permitted to stamp their logo on the dial of Patek Philippe watches.

    The present Tiffany-signed example of the 5980 in stainless steel comes with all of its original accessories, including papers stamped from the Tiffany salon. It is presented in excellent, crisp condition and is an early example bearing the Geneva Seal, rather than the later-introduced Patek Philippe Seal on the movement. It is fresh to the auction market and one of the most sought-after watches on the market to date.

  • 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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92

Ref. 5980/1A-001
A sporty, compelling, and rare stainless steel chronograph wristwatch with date and bracelet, with Certificate of Origin and presentation box

2010
43.5mm Diameter
Case, dial, movement, bracelet, and clasp signed; dial additionally signed Tiffany & Co.

Estimate
$60,000 - 120,000 
CHF55,500-111,000
€53,200-106,000
HK$468,000-936,000

Place Advance Bid
Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

The 2021 New York Watch Auction

New York Auction 11 - 12 December 2021