Patek Philippe Nautilus Genève Auction Analysis
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Patek Philippe Nautilus Genève Auction Analysis

By ImranLondon · Nov 13, 2018 · 53 replies
ImranLondon
WPS member · Patek Philippe forum
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Miranda's analysis of the Nautilus Genève auctions in 2018 captures a pivotal moment in the Patek Philippe market, where Nautilus references experienced unprecedented price surges across multiple auction houses. This post delves into the community's reaction to the 'Daytonafication' of the Nautilus, questioning the sustainability of the trend and its implications for watch collecting. It offers a snapshot of collector sentiment during a period of intense market speculation for Patek Philippe sports watches.

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Craziness. Even as a die hard fan of the Nautilus I can not explain just what has happened over the last few days. 
The original 3700 in all guises had exploded, it has becone “Daytonafied”

Even the unpopular 3700 s/g has tripled in value 

If it was just one auction one could say freak results, but in all four auctions..    

The Nautilus is a fantastic watch in my opinion, but even I find the craziest prices being paid hard to fathom 

Even the “unpopular “ 3710 broke records 
Whilst the 5726 which is supposed to be the least well desirable went over list

The 3712, 3700 with box and  papers are definitely in vintage Daytona madness territory 

I’m happy indeed very happy for those that own those pieces, but I wonder where watch collectors are headed 

Is it all about the fashion? The fashion is very much sports watch.

I hope sincerely that other great pieces, just don’t die in this craze.

Here is a summary of all the Nautilus sold 
Picture from Phillips, Christie’s, Sotheby’s and Antiquorum


























































































About the Patek Philippe Nautilus Jumbo Ref. 3700

The Patek Philippe reference 3700 is recognized as the original Nautilus model. It established the distinctive porthole-inspired case design and integrated bracelet that define the collection. This reference was produced for a significant period, laying the foundation for subsequent Nautilus iterations and solidifying its place in the brand's sports watch offerings.

This reference features a stainless steel case measuring 42 mm in diameter and 7.6 mm in thickness, fitted with a sapphire crystal. It houses the self-winding Caliber 28-20 C, which provides a power reserve of 45 hours. The watch is water-resistant to 120 meters and typically presents with a blue dial, offering a date complication.

The 3700 appeals to collectors interested in the foundational pieces of significant watch lines. It represents the initial vision for the Nautilus, preceding later mid-size and complicated versions. Its production run from 1976 to 1990 saw various dial and bracelet configurations, making specific examples of interest to those studying the model's evolution.

Specifications

Caliber
Cal. 28-20 C
Case
Stainless Steel
Diameter
42 mm
Dial
Blue
Water Resist.
120m
Crystal
Sapphire

Key Points from the Discussion

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The Discussion
CP
Cpt Scarlet
Nov 13, 2018
For me, its greatness was never in doubt. [nt]

IM
ImranLondon
Nov 13, 2018
It’s certainly now an iconic Patek, the design ranks alongside the Coin 96 calatrava [nt]

MO
Mohannad (aka Riddler)
Nov 13, 2018
5711/1A sold for 125000!!!!! WHYYYYYY [nt]

IM
ImranLondon
Nov 13, 2018
Tiffany on dial.... [nt]

MO
Mohannad (aka Riddler)
Nov 13, 2018
Oh come on

A 2018 5711 for quadruple the retail is unfathomable Just for an added word The world is gone berserk It’s not about collecting anymore what a true shame

AS
aston.db4
Nov 13, 2018
definitely

I totally agree, for many buyers it's all about speculative investment potential nowadays without any passion for the watches itself.

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