Proving that estimates are always on the conservative side, Antiquorum has attached an estimated value of $60,000 – $120,000 USD to Lot 152, while two separate online listings recently suggested a price around $360,000 USD was not unrealistic.
Patek Philippe is sure to show an interest as well, as the brand’s network of authorised dealers have been under instruction not to supply its watches to customers sealed inside the original plastic factory wrap (or double sealed which refers to the additional outer cardboard shipping carton) since 2017. This example, as a 2021 model, is proof that not every dealer is obeying.
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“The Patek Philippe Nautilus continues to be one of the biggest bestsellers in watchmaking,” says Romain Réa, CEO of Antiquorum, “An incredibly coveted and sought-after model, we are honored and proud to offer for the first time at auction a Ref. 5711/1A in fantastic condition, which since its introduction in 2021 by the brand is already sold out everywhere. We also have fantastic pieces from F.P. Journe, Audemars Piguet, Rolex and many more to complete our total 433 lots for an auction that is sure to break records.”
The sale will also represent something of a retrospective of the work of legendary watch designer, Gerald Genta, with pieces from Patek Philippe, Royal Oaks from Audemars Piguet and watches from his own eponymous brand.
Antiquorum will auction the piece in Monaco on July 21 and you can view the 433 lots via Antiquorum.
Elsewhere in watches, JAY-Z shows off $3m USD green sapphire Richard Mille.