Geneva, Nov 05, 2023

LOT 576

PATEK PHILIPPE, SWITZERLAND, REF. 3700/001, NAUTILUS, ORIGINAL CORK BOX AND CERTIFICATE, STAINLESS STEEL

CHF 120,000 - 220,000

EUR 128,000 - 232,000 / USD 134,000 - 244,000 / HKD 1,040,000 - 1,910,000

An an exceptional, very well-preserved, fresh to the market, stainless steel, self winding wristwatch with date


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Grading System
Grade:
Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-6-01

Very good

Slightly oxidized

HANDS Original

Brand Patek Philippe, Switzerland

Model Nautilus

Reference 3700/001

Year Sold in September 1979

Movement No. 1306203

Bracelet integrated stainless steel Patek Philippe bracelet with deployant clasp, approx. overall length 180 mm.

Diameter 40

Caliber 28-255C, 36 jewels

Signature Dial, case and movement signed

Accessories original fitted cork box (missing insert), certificate of origin, booklets, Nautilus booklet and price list

Notes

Launched in 1976, the “Nautilus”, named after Captain Nemo’s submarine (created by Jules Verne in his “Vingt mille lieues sous les mers”), was an immense breakthrough from Patek Philippe’s conservative designs and proof that Haute Horlogerie and audacity can go hand in hand to create an icon that is still relevant 40 years later.

Legend has it that the idea of creating a watch in the shape of a porthole found on transatlantic liners came to designer Gérald Genta (1931-2011), a Genevan designer jeweller, whilst dining at a restaurant during the Basel fair and looking at the Patek Philippe team dining on a table opposite his. The whole design having taken no more than 5 minutes!

Patek Philippe produced two versions of the Nautilus Ref. 3700 in steel:
  • 3700 / 1, from 1976 to about 1981, that featured a straight bracelet and reference;
  • 3700 / 11, which was in production from 1981 to 1990 has a tapered steel bracelet.
Purchased new by the consigner's father in 1979 in Switzerland, this 3700 is a true grail for collectors. Kept in mint condition it has seen little wear and even less polish. The bracelet still holds tight indicating little wear and the case still exhibits nice angles. While most have had upgrades during their lives, this example still has maintained its original dial and hands, often changed due to wear. To complete the package it still comes with its original cork box and certificate as well as its booklets and a rare nautilus booklet (circa 1984) mentioning the retail price at the time of CHF 4'900 (3700/11A). One of the nicest 3700/001 we have had the chance to handle.

Provenance

Property of the original family