On 11 December, Phillips is offering at auction, the very first – and only timepiece currently available – of the limited series Patek Philippe Ref. 5711/1A-018 Nautilus wristwatches in stainless steel fitted with Tiffany Blue® dials. Commemorating 170 years of partnership between Patek Philippe and Tiffany & Co., a limited series of 170 watches in total will be produced, each with the dual stamping of both companies, “Tiffany & Co.” at 6 o’clock paired with Patek Philippe at 12 o’clock.
The remaining 169 watches will only be available to the market following Phillips’ sale of this first timepiece. Estimated in excess of $50,000, this Tiffany Blue® Nautilus will open The 2021 New York Watch Auction at 432 Park Avenue. 100% of the sale’s proceeds will benefit The Nature Conservancy, one of the most highly regarded global environmental organizations.
The legibility of the dial with the horizontal relief embossing, a Nautilus signature element, is amplified by baton hour markers as well as luminous baton hour and minute hands, all in blackened white gold. The inimitable design of the case, the bezel, and the integrated steel bracelet is emphasized by the refined sequence of satin-finished and polished links applied by hand in a process that requires 55 production steps to complete for each watch.
The rugged case is water-resistant to 120 meters. It accommodates the self-winding caliber 26-330 S C, a movement that features various technical innovations and optimizations as well as a stop-seconds mechanism that allows the time to be set with one-second accuracy.
In 1851, Patek Philippe and Tiffany & Co. forged an agreement that made the American jeweler the first official retail partner for Patek Philippe timepieces in the U.S. market. The sapphire-crystal case back of the limited series series bears the commemorative inscription “170th Anniversary 1851-2021 Tiffany & Co. – Patek Philippe.” It pays tribute to the 170-year shared vision and the historic ties that link Patek Philippe with the United States.
Today, Tiffany & Co. is 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 is a rare and stunning limited series Nautilus exemplifying the strength of their long-lasting partnership, and is certain to delight any watch enthusiast.
The Nautilus reference 5711 is the modern iteration Patek Philippe’s first luxury sports wristwatch, originally launched in 1976. This casually elegant icon premiered in 2006 and will be retired from the collection in 2022.
Following the auction on 11 December, the remaining watches from the series will be available exclusively through Tiffany locations in New York, Beverly Hills, and San Francisco that carry Patek Philippe.
Auction: 11 & 12 December 2021, 10am
Auction viewing: 6 to 10 December
Location: 432 Park Avenue, New York