Important Modern & Vintage Timepieces
Monaco, Jan 19, 2023
LOT 167
PATEK PHILIPPE
REF. 5711, NAUTILUS, GREEN DIAL, STAINLESS STEEL
REF. 5711, NAUTILUS, GREEN DIAL, STAINLESS STEEL
EUR 204,000 - 406,000
USD 218,000 - 434,000 / HKD 1,690,000 - 3,380,000 / CHF 200,000 - 400,000
A fine, extremely rare and attractive, stainless steel, self-winding, gentleman's wristwatch with green dial and date.
| Grading System | |
|---|---|
Grade: |
|
Case: 1-8 |
As new Slightly scratched |
Movement: 1 |
As new |
Dial: 1-01 |
As new HANDS Original |
Brand Patek Philippe, Geneva
Model Nautilus
Reference 5711/1A-014
Year sold on July 1st, 2021
Material stainless steel
Bracelet integrated stainless steel Patek Philippe bracelet with double deployant clasp
Diameter 40 mm.
Caliber 26-330, 30 jewels
Signature dial, case and movement
Accessories original invoice, original fitted box, certificate of origin, instruction booklet, hang tag
Notes
Patek Philippe “Nautilus” Anniversary editions
To celebrate the 30th Anniversary of the “Nautilus”, Patek Philippe launched the reference 5711 in 2006, featuring a slightly larger case design. Adding one millimetre to the case compared to the original reference 3700 and launched with a classic blue dial, it varied with a three-part case that was slightly thicker as well (from 7.6 mm. on the 3700 to 8.3 mm. on the 5711) and equipped with the calibre 324. In 2012, the manufacture added a new dial colour, this time with a white dial.
In 2016 to celebrate the 40th Anniversary of the “Nautilus”, a platinum version was launched featuring a logo at 6 o’clock to mark the milestone as well as baguette diamond markers and was limited to 700 examples.
During Watches and Wonders 2021, to the great astonishment of the collectors market, Mr. Thierry Stern, Patek Philippe’s CEO, announced that the reference was being discontinued this year and a final edition model would be launched this time featuring a green dial and a border around the date window.
Two models were launched including a stainless steel version with baguette indexes, known as Ref. 5711/1300A. This surprise announcement created a frenzy and collectors worldwide rushed to their authorised dealers to secure an allocation knowing the watch would only be produced for a year. While exact production numbers are not known, demand will always far exceed supply making this last-edition 5711 “Green” probably one of the hardest to get and the hottest watch on the current market.
To celebrate the 30th Anniversary of the “Nautilus”, Patek Philippe launched the reference 5711 in 2006, featuring a slightly larger case design. Adding one millimetre to the case compared to the original reference 3700 and launched with a classic blue dial, it varied with a three-part case that was slightly thicker as well (from 7.6 mm. on the 3700 to 8.3 mm. on the 5711) and equipped with the calibre 324. In 2012, the manufacture added a new dial colour, this time with a white dial.
In 2016 to celebrate the 40th Anniversary of the “Nautilus”, a platinum version was launched featuring a logo at 6 o’clock to mark the milestone as well as baguette diamond markers and was limited to 700 examples.
During Watches and Wonders 2021, to the great astonishment of the collectors market, Mr. Thierry Stern, Patek Philippe’s CEO, announced that the reference was being discontinued this year and a final edition model would be launched this time featuring a green dial and a border around the date window.
Two models were launched including a stainless steel version with baguette indexes, known as Ref. 5711/1300A. This surprise announcement created a frenzy and collectors worldwide rushed to their authorised dealers to secure an allocation knowing the watch would only be produced for a year. While exact production numbers are not known, demand will always far exceed supply making this last-edition 5711 “Green” probably one of the hardest to get and the hottest watch on the current market.
Provenance
Property of a French gentleman