Important Modern & Vintage Timepieces

New York, Oct 08, 2016

LOT 320

PATEK PHILIPPE REF. 3700/1 JUMBO NAUTILUS YELLOW GOLD Patek Philippe, Genève, "Nautilus" movement No. 1304008, case No. 536007, Ref. 3700/1. Made in 1977, sold December 16th, 1977. Very fine and very rare, water-resistant, large, cushion shaped, self-winding, 18K yellow gold wristwatch with date and an integrated 18K yellow gold bracelet with white gold deployant clasp stamped by Patek Philippe and Gay Freres. Accompanied by the original fitted box and Extract from the Archives.

USD 50,000 - 70,000

HKD 390,000 - 545,000 / CHF 49,000 - 68,000

Sold: USD 66,250

Two-body, polished and brushed, wide flat bezel, sapphire crystal. Matte black with horizontal stripes, applied luminous yellow gold baton indexes, outer dot minute divisions, aperture for the date. Luminous yellow gold baton hands. Cal. 28-255 C, stamped with the Seal of Geneva quality mark, rhodium-plated, fausses cotes decoration, 36 jewels, straight-line lever escapement, Gyromax balance adjusted to heat, cold, isochronism and 5 positions, shock absorber, self-compensating flat balance spring, 21K gold rotor segment.


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Grading System
Grade:
Case: 2

Very good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Notes

Dial, case and movement signed. DIM. 42 x 44 mm. THICKNESS 7.5 mm. Approx. overall length 205 mm. Property of an East Coast Collector Gold versions of the NAUTILUS 3700/1 were launched after the steel model and featured GAY FRERES bracelets. From research, this example, fresh to the market from a private collector with case number 536007, is the earliest numbered gold 3700 to be offered publicly at auction in recent years and it can possibly be assumed, due to the similarly sequenced movement number 1304008, to be only the seventh gold reference 3700 manufactured. The inner bezel is numbered 007.