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

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  • Condition Report

  • Description

    View our Conditions of Sale.

  • Manufacturer: Patek Philippe
    Year: 2017
    Reference No: 5711/1A-011
    Movement No: 7’061’449
    Case No: 6’202’198
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal. 324 SC, 29 jewels
    Bracelet/Strap: Stainless steel Patek Philippe Nautilus bracelet, stamped A384EPB, approximately 200mm max length
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 42.5mm Diameter
    Signed: Case, dial, movement, and bracelet signed. Dial additionally signed by the retailer.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated September 18th 2017, instruction manual, product literature, leather wallet, fitted presentation box, outer packaging, and Tiffany box.

  • Catalogue Essay

    The reference 5711 represented the return of the “Jumbo” Nautilus, featuring a design similar to the original model, but with a few technical upgrades, including an in-house self-winding movement caliber 324 S C, replacing the Jaeger-LeCoultre-based caliber featured in the reference 3700. Additionally, the new Nautilus was fitted with a sapphire caseback enabling the wearer to admire the in-house caliber in action. The bracelet was further refined and case adopted a slightly rounder appearance. Research indicates the striated white dials (011) were only produced between 2012 and 2019. The blackened gold surrounds on the hour indexes perfectly complement the most alluring characteristic of the dial: the coveted Tiffany & Co. stamp above 6 o’clock.

    Accordingly, the watch pays tribute to the historic, 170-year shared vision and relationship that links Patek Philippe with the United States. Soon after Patek Philippe (1839) and Tiffany & Co. (1837) were founded, in 1851, the two companies forged an agreement that made Tiffany & Co. the first official partner for Patek Philippe timepieces in the U.S. In 1876, the two companies signed a new agreement appointing Tiffany & Co. as the general representative for the U.S. “who safeguards the interests of Patek Philippe & Cie. as if they were its own interests”. At the same time, Patek Phillipe pledged to safeguard Tiffany & Co.’s interests as evidenced by a large sign “Agents for Tiffany & Co., New York” at Patek Philippe’s historic headquarters in Geneva. On the premises of the same Patek Philippe Salons in Geneva, there is further proof of this enduring relationship: a large steel vault formerly owned by Tiffany & Co. and decorated by an American eagle sporting two flags.

    The present “Piano” dial Tiffany-signed Nautilus is the sixth example to appear at auction, of a total of 16 Tiffany-signed 5711s in stainless steel to appear publicly. Now discontinued in every variant, waiting lists at retailers had turned into years-long affairs, indicating how timeless and universally praised this design has become since it was first introduced in 1976. The present model is in like new condition, and offered by the original owner complete with its Certificate of Origin and even outer Tiffany box.

    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.

    View More Works

2

Ref. 5711/1A-011
A highly coveted, pristine, and attractive stainless steel wristwatch with date, bracelet, Certificate of Origin, and presentation boxes, retailed by Tiffany & Co.

2017
42.5mm Diameter
Case, dial, movement, and bracelet signed. Dial additionally signed by the retailer.

Estimate
$60,000 - 120,000 
CHF59,300-119,000
€56,800-114,000
HK$471,000-942,000
S$83,100-166,000

Place Advance Bid
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