For Sale: The World’s Most Exclusive Patek Philippe, A Ruby-set Nautilus in Platinum

Try finding a platinum Patek Philippe Nautilus. Not easy. Now try finding a platinum Patek Philippe Nautilus with a ruby-set bezel and dial. Rather impossible.

Antiquorum’s forthcoming Hong Kong auction is quite a unique occasion, offering the rarest selection of vintage Pateks to ever surface the Asian market, including a 2497, a third series 2499, and the contemporary 5971P. And the highlight of this highly-anticipated sale? A platinum, ruby-set Replica Patek Philippe reference 5711, of course. This unfathomably-rare Patek Philippe Nautilus is the antithesis of vintage. Circa 2015, this Patek is one of only five pieces in existence.
Patek-Philippe

Why were so few examples of this watch produced? Simply, when you manufacture a watch worth more than a Ferrari, your client base is, let’s just say, exceptionally discerning. Patek’s manufacturing capabilities would have allowed for the production of more than just five examples, yet I assume Mr. Stern’s primary goal was to maintain this piece’s exclusivity. And, as a collector myself, it’s always more enticing to acquire a wristwatch that was produced in an extremely finite quantity; having said that, a serious collector would rather own this Nautilus than a relatively mass-produced, pedestrian Patek. Fortunately, this example is unworn and, up until recently, had been factory-sealed.

Not long ago, I had the pleasure of viewing this piece in New York. The impeccably-finished, 29-jewel caliber 324 SC automatic movement can be observed via the sapphire crystal exhibition caseback. Furthermore, I will note that the case and bracelet are flawless, in all aspects of construction, design, and function. It’s not often that I remark about a case or bracelet, but Patek really achieved perfection with this Nautilus.

The USD 250,000-350,000 estimate is reasonable for this reference. Nor would it be surprising if this watch fetched USD 400,000 or more.

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