Who will own Patek Philippe's legendary green dial? Antiquorum puts new Nautilus models up for auction

FEATURES auction
2021.07.17

Antiquorum, an auction house specializing in watches, will hold a live auction in Monaco on Wednesday, July 21, 2021. One model that will be auctioned will be the new Patek Philippe Nautilus Ref. 5711/1A-014, which was announced in April of this year. This will be the first time that the final model of the Ref. 5711/1A, featuring an olive green dial, will be offered at auction, and it is sure to attract the keen attention of many watch enthusiasts and investors.

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Yasuki Doi (Kronos Japan): Text
Text by Kouki Doi (Chronos-Japan)
Article published on June 2021, 7


Highly anticipated new works already on display

 News has arrived that will have watch enthusiasts and investors alike buzzing. Antiquorum, a Geneva-based auction house specializing in watches, will be auctioning Patek Philippe's new 2021 Nautilus, Ref. 5711/1A-014. The auction will take place on July 21st at the Hôtel de Paris Monte-Carlo, a luxury hotel located in Monaco's Casino Square.

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Patek Philippe "Nautilus" Ref. 5711/1A-014
This latest edition of the popular Patek Philippe Nautilus, featuring a striking rounded octagonal bezel, was announced alongside the surprising news that the stainless steel Ref. 5711/1A would be discontinued. The recent trend in green coloring combined with its rarity as production nears its end will likely make this watch even more valuable. Automatic (Cal. 26-330 SC). 30 jewels. 28,800 vph. Power reserve of approximately 45 hours. Stainless steel (40mm diameter from 10 to 4 o'clock, 8.3mm thick). Water resistant to 12 bar. Originally priced at ¥4,015,000 (tax included), this watch is currently difficult to obtain.

 The auction is titled "IMPORTANT MODERN & VINTAGE MONACO AUCTION." The auction features a wide variety of items, from antique watches to new arrivals. In addition to watches, there are also a wide range of other items, including tools and display stands. Among the 433 items, the one that is attracting the most attention is the new Patek Philippe Nautilus model.


The item being sold is unopened.

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 It's still fresh in our memory that Patek Philippe President Thierry Stern announced the end of production of the current Nautilus model, Ref. 5711/1A, at Watches & Wonders Geneva 2021 held in April 2021. The final model of the Nautilus Ref. 5711/1A, with an olive green dial and stainless steel exterior, was also unveiled, exciting watch enthusiasts.

 The watch being auctioned this time (lot number: 152) is in "extremely good condition" and has been entrusted to us by a certain owner. As you can see in the photo above, it is packaged in a clear bag with the Patek Philippe logo printed on it, indicating that it is an unopened item. Of course, it also comes with a certificate and box.

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Patek Philippe "Nautilus" Ref. 5711/1A-014
Antiquorum Monaco auction model. Lot number: 152. Condition: Unopened. Includes: Certificate of Authenticity and original box. Estimated winning bid: US$6-18.

 Regarding the auction of this rare piece, Antiquorum CEO Romain Rea commented:

"The Patek Philippe Nautilus remains one of the greatest bestsellers in the watch world. We are honored to be able to offer one of its most popular models, the Nautilus Ref. 5711/1A, for the first time at this auction. The Nautilus Ref. 5711/1A-014 being offered is in excellent condition and has already sold out worldwide since its release in 2021. We also have many wonderful pieces from FP Journe, Audemars Piguet, Rolex, and more, with a total of 433 pieces being offered. We are certain that this auction will break all previous records."

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Auction participants will have the rare opportunity to acquire an unopened example of this rare Nautilus.

 Now, what everyone is wondering about is the winning bid. The expected winning bid is between 60,000 and 180,000 US dollars. Converted to Japanese yen, this equates to approximately 6.6 million to 19.8 million yen (1 US dollar = 110.02 yen, as of July 16, 2021). However, unexpected results are a common feature of auctions, and are what makes them so interesting. In reality, it is expected that the winning bid will far exceed this expected price.

 How much will it fetch? We will report the actual winning bid in a webChronos article as soon as it is announced after the auction ends on July 21, 2021.

The watch being auctioned at this Monaco auction is from AntiquorumOfficial websiteIt is recommended to check it out in advance.

About Antiquorum
Antiquorum is an auction house specializing in watches that was founded in Geneva, Switzerland in 1974. In 97, it adopted its own quality evaluation system, which earned it a reputation in the market. In addition to its headquarters in Geneva, it holds auctions in New York and Hong Kong, and has branches all over the world. In addition to holding auctions, it also publishes watch-related books.


Contact info: Antiquorum https://www.antiquorum.swiss/


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