Patek Philippe - The New York Watch Auction: EIGHT New York Saturday, June 10, 2023 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2021
    Reference No: 5711/1A-014
    Movement No: 7’444’751
    Case No: 6’488’977
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal. 26-330 S C, 30 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement, and bracelet signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 4th October 2021, numbered envelope, instruction manual, product literature, leather folder, inner fitted presentation box, and outer packaging.

  • Catalogue Essay

    In 2021, Patek Philippe announced the imminent discontinuation of the reference 5711/1A in its entirety and introduced a special “olive green” dial to only be produced for one year to mark its departure. Alongside a baguette diamond-set bezel variant, these two final 5711s, alongside the limited run of 170 “Tiffany Blue” double signed pieces, would mark the end of the production of the stainless steel “Jumbo” Nautilus that has been a mainstay of the Patek Philippe collection since its introduction in 2006.

    Collectors were instantly drawn to the subtle hue of the green dial and of course the limited nature of the release, but allocations were limited and extremely selective. Given that no more of these 5711/1A-014 pieces will be produced and are now fully discontinued, the present example is one of the extremely few opportunities to acquire this intensely limited run of one of the most iconic sports watch references of all time. Further adding to the present lot's importance, it is one of less than a handful known to remain factory sealed, offered here by the original owner having never been opened, with the entirety of its original accessories.

  • 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. 5711/1A-014
A factory sealed, extremely scarce, and highly coveted stainless steel wristwatch with date, olive green dial, Certificate of Origin, and presentation box

2021
40mm Diameter
Case, dial, movement, and bracelet signed.

Estimate
$80,000 - 160,000 
CHF72,000-144,000
€74,000-148,000
HK$625,000-1,250,000
S$108,000-215,000

Sold for $381,000

Contact Specialist

Paul Boutros
Head of Watches, Americas
+1 (212) 940-1293
WatchesNY@Phillips.com
 
Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: EIGHT

New York Auction 10 - 11 June 2023