2 mins lecture

Patek Philippe brings in nearly half a million dollars at auction

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Appearing for the first time ever on the auction market since its introduction earlier in 2021, the sealed Patek Philippe Nautilus with green dial fetched an exceptional 416,000 euros.

 

On Wednesday, July 21, at the Hotel de Paris in Monaco, watch auction house Antiquorum auctioned the highly anticipated LOT 152, the Patek Philippe Ref.5711/1A Nautilus with olive green dial, for an impressive 416,000 euros.

 

 

 

Earlier this year Patek Philippe CEO Thierry Stern confirmed that this olive green-dialed Nautilus would replace the iconic blue-dialed Ref. 5711-1A-010, arguably one of the most popular watches of recent years.

 

This new reference with the olive green dial has become the most popular watch on the market with a growing waiting list. Antiquorum was the first to offer it at auction, factory sealed and consigned by the original owner. The final price, more than ten times its current selling price, shows how coveted this reference is.

 

The Antiquorum auction house also organizes watch auctions in Geneva and Hong Kong as well as previews in major cities around the world.

 

 

Read Also > RECORD FOR CHRISTIE’S WATCH AUCTIONS

 

 

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Appearing for the first time ever on the auction market since its introduction earlier in 2021, the sealed Patek Philippe Nautilus with green dial fetched an exceptional 416,000 euros.

 

On Wednesday, July 21, at the Hotel de Paris in Monaco, watch auction house Antiquorum auctioned the highly anticipated LOT 152, the Patek Philippe Ref.5711/1A Nautilus with olive green dial, for an impressive 416,000 euros.

 

 

 

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Appearing for the first time ever on the auction market since its introduction earlier in 2021, the sealed Patek Philippe Nautilus with green dial fetched an exceptional 416,000 euros.

 

On Wednesday, July 21, at the Hotel de Paris in Monaco, watch auction house Antiquorum auctioned the highly anticipated LOT 152, the Patek Philippe Ref.5711/1A Nautilus with olive green dial, for an impressive 416,000 euros.

 

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The editorial team

Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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