Tag Archive for: Online auction

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

Patek Philippe Ref. 5711/1A-018

An historic, highly important, and brand-new stainless steel wristwatch with “Tiffany Blue” lacquer dial, date and bracelet, with certificate of origin and presentation box, with proceeds benefitting The Nature Conservancy.

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

2021 40mm Diameter Case, dial, movement and bracelet signed

Estimate In Excess of $50,000

  • Manufacturer: Patek Philippe
    Year: 2021
    Reference No: 5711/1A-018
    Movement No: 7’441’868
    Case No: 6’497’092
    Model Name: Nautilus
    Material: Stainless steel
    Calibre: Automatic, cal. 26-330 S C, 30 jewels
    Bracelet/Strap: Stainless steel Patek Philippe bracelet, max overall length 190mm
    Clasp/Buckle: Stainless steel Patek Philippe deployant clasp
    Dimensions: 40mm Diameter
    Signed: Case, dial, movement and bracelet signed
    Accessories: Accompanied by a dated (December 11) Patek Philippe Certificate of Origin from Tiffany & Co. in New York, fitted presentation box, leather envelope, and product literature.

Catalogue Essay

Phillips is extremely honored and thrilled to present the very first Patek Philippe Nautilus ref. 5711/1A-018 with a stunning, Tiffany Blue® lacquer dial. It is, without a doubt, amongst the most exciting, exclusive, and coveted examples of a Nautilus ever offered.

Announced to the public just days ago, this limited series Nautilus celebrates the 170-year alliance between Patek Philippe and Tiffany & Co. that remains one of the longest and most enduring relationships in all of watchmaking. A total of 170 timepieces will be produced and available exclusively through Tiffany locations in New York, Beverly Hills, and San Francisco – with the exception of this very watch. The present lot is therefore the first timepiece to be sold, and will be available for immediate delivery to the winning bidder.

The Nautilus reference 5711 is the modern iteration of the first luxury sports wristwatch by Patek Philippe, first launched in 1976 as the reference 3700. Premiering in 2006, the reference 5711 updated the Nautilus for modern times with new innovations, such as an exhibition caseback, and an in-house, self-winding movement with center seconds.

Selected by Tiffany’s founder, Charles Lewis Tiffany for the cover of its annual Blue Book published beginning in 1845, the dial’s “Tiffany Blue” color is immediately recognizable for its distinctive shade and vibrancy. Tiffany Blue is now registered as a color trademark by Tiffany & Co., standardized as a private custom color by Pantone as “1837 Blue” – with the number marking the year of Tiffany’s founding. Not only featuring a Tiffany Blue-colored dial for the first time ever, the dial is also double stamped with the exclusive “Tiffany & Co.” signature at 6 o’clock paired with the Patek Philippe logo at 12 o’clock – both in black print. The luminous, baton hour markers and hands are in blackened 18K white gold, perfectly matching the printing, while providing outstanding legibility against the dial’s light blue lacquered surface.

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

PATEK PHILIPPE X TIFFANY & CO. NAUTILUS WATCH

Soon to be retired in 2022, this last version of the reference 5711 is fitted with the self-winding caliber 26-330 S C. Featuring a stop-seconds mechanism permitting time to be set with one-second accuracy, this state-of-the-art movement is visible through a sapphire-crystal caseback, inscribed “170th Anniversary 1851-2021 Tiffany & Co. – Patek Philippe”.

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.

During the early 1900s, Tiffany & Co. supported key relationships between Patek Philippe and major American collectors, including Henry Graves Junior, for whom the manufacture crafted an extensive range of complicated watches. In the 21st century, Patek Philippe created several limited editions for Tiffany & Co., many of which commemorate important dates and featuring double-stamped dials for both brands, including the ref. 5150 Annual Calendar launched in 2001, the ref. 4987 Gondolo launched in 2009, and the ref. 5396G-012 in 2012. This last reference commemorated the fifth anniversary of the Patek Philippe Boutique at Tiffany & Co, which opened in 2008 and was the manufacture’s first boutique in the U.S.

Today, Tiffany & Co. remains the world’s only retailer whose name appears on a Patek Philippe dial, making any Tiffany-signed timepiece extremely sought after. Throughout the 19th, 20th, and 21st centuries, much has changed, but the relationship between Tiffany & Co. and Patek Philippe has only grown. The present lot, offered in factory new condition, is a rare and stunning limited series Nautilus exemplifying the strength of their long-lasting partnership, and is certain to delight any watch enthusiast.

One hundred percent of proceeds from the sale of this watch will benefit The Nature Conservancy (TNC). Founded in the U.S. in 1951, TNC is a global environmental nonprofit working to create a world where people and nature can thrive. Its mission is to conserve the lands and waters on which all life depends and shape a brighter future for people and our planet. To date, TNC has protected more than 119 million acres of land and 5000 river miles worldwide, with the past support of Tiffany & Co. and The Tiffany & Co. Foundation. With conservation programs in more than 70 countries around the world, their programs are dedicated to food and water sustainability, protecting land and water, deploying solutions for climate change, and building healthy cities.

Artist Biography

Patek Philippe

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.

RM Sotheby’s - Online auction Only: SHIFT / Monterey 2020

RM Sotheby’s is thrilled to announce an online auction unlike any other, Online Only: SHIFT/Monterey, bringing its record-breaking, world-renowned Monterey sale to the auction house’s proprietary Online Only platform.

THE LARGEST ONLINE AUCTION OF ITS KIND

POWERED BY THE GLOBAL LEADER IN COLLECTOR CAR AUCTIONS

Set for the original Monterey live auction week, Online Only: SHIFT/ Monterey will open for bidding on 6 August, with lots closing 13–15 August, and will present approximately 150 exceptional collector cars on rmsothebys.com—an offering of a caliber never before seen in an online sale. The online Monterey sale will build not only on RM Sotheby’s historic Monterey results, but also on the success of the company’s Online Only auctions over the last several months, including its recent shift of the Palm Beach auction to the virtual platform.

The new format is backed by the RM Sotheby’s experience, harnessing the expert team of car specialists, start-to-finish concierge level of service, transparent research, and global network reaching collectors in more than 75 countries for which RM Sotheby’s is known—all via a secure, proprietary online platform. Additional digital components and new media formats will be implemented leading up to the auction to enhance the bidder experience, while RM Sotheby’s will also further utilize its numerous, secure global locations to physically showcase consignments for limited preview ahead of the sale.

Early car highlights and additional details for Online Only: SHIFT / Monterey, including bidding terms of business, will be announced in the coming weeks. Interested consignors are invited to contact an RM Sotheby’s car specialist to discuss entering their important car.

The auction is approaching fast, and consignment space is limited. Follow the instructions to the right to consign your car today. The event will attract the top collectors and enthusiasts from around the globe into one room while your car is sold. As market leaders in the collector car industry, you can rest assured that RM Sotheby’s will exhaustively research, market, and present your vehicle to the people it needs to reach.