Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: 2021
    Reference No: 5711/1A-014
    Movement No: 7'433'423
    Case No: 6'480'167
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal.
    Bracelet/Strap: Stainless steel Patek Philippe Nautilus 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 August 5th 2021, instruction manual, product literature, leather folder, inner fitted presentation box, and outer packaging.

  • Catalogue Essay

    PLEASE NOTE, THIS LOT IS A PREMIUM LOT.
    ONLINE BIDDING WILL BE DISABLED FOR THIS LOT.
    TO BID ON THE LOT YOU MUST COMPLETE AND SATISFY OUR PREMIUM LOT PRE-REGISTRATION PROCEDURE NO LATER THAN 24 HOURS BEFORE THE START OF THE AUCTION SESSION IN WHICH IT IS OFFERED. PLEASE ALSO NOTE THAT ONLY IN PERSON, WRITTEN ABSENTEE, OR TELEPHONE BIDS WILL BE ACCEPTED FOR THESE LOTS. PLEASE CONTACT THE BIDS DEPARTMENT AT [email protected] FOR DETAILS.


    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 (apart from the limited run of 170 “Tiffany Blue” double signed pieces) would mark the end of the production of the reference that has been a mainstay of the Patek Philippe collection since its introduction in 2006. With no successor yet announced, and demand at a fever pitch, there is quite a void in the Nautilus lineup and few outlets for the collecting community.

    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. It is offered here by the original owner in completely unworn, brand new condition, having never been sized or worn by the purchaser, with the entirety of its original accessories.

    PROPERTY OF 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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PLEASE NOTE, THIS LOT IS A PREMIUM LOT. ONLINE BIDDING WILL BE DISABLED FOR THIS LOT. TO BID ON THE LOT YOU MUST COMPLETE AND SATISFY OUR PREMIUM LOT PRE-REGISTRATION PROCEDURE NO LATER THAN 24 HOURS BEFORE THE START OF THE AUCTION SESSION IN WHICH IT IS OFFERED. PLEASE ALSO NOTE THAT ONLY IN PERSON, WRITTEN ABSENTEE, OR TELEPHONE BIDS WILL BE ACCEPTED FOR THESE LOTS. PLEASE CONTACT THE BIDS DEPARTMENT AT [email protected] FOR DETAILS.

163

Ref. 5711/1A-014
A brand new, extremely scarce, and highly anticipated 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 
CHF76,700-153,000
€74,700-149,000
HK$628,000-1,260,000
S$110,000-219,000

Sold for $478,800

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293

[email protected]

 

Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

[email protected]

The New York Watch Auction: SIX

New York Auction 11-12 June 2022