View full screen - View 1 of Lot 311. 'JUMBO' NAUTILUS, REF 3700/1A STAINLESS STEEL WRISTWATCH WITH DATE AND BRACELET MADE IN 1977.
311

Patek Philippe

'JUMBO' NAUTILUS, REF 3700/1A STAINLESS STEEL WRISTWATCH WITH DATE AND BRACELET MADE IN 1977

VAT applies to hammer price and buyer's premium

Estimate:

50,000

to
- 70,000 CHF

Patek Philippe

Patek Philippe

'JUMBO' NAUTILUS, REF 3700/1A STAINLESS STEEL WRISTWATCH WITH DATE AND BRACELET MADE IN 1977

'JUMBO' NAUTILUS, REF 3700/1A STAINLESS STEEL WRISTWATCH WITH DATE AND BRACELET MADE IN 1977

Estimate:

50,000

to
- 70,000 CHF

Lot sold:

63,000

CHF

Patek Philippe


'JUMBO' NAUTILUS, REF 3700/1A

STAINLESS STEEL WRISTWATCH WITH DATE AND BRACELET

MADE IN 1977


Dial: black-blue

Calibre: cal. 28-255C automatic, 36 jewels

Movement number: 1'303'655

Case: stainless steel Nautilus

Case number: 532'951

Closure: stainless steel Patek Philippe Nautilus bracelet and folding clasp

Dimensions: 40 mm (10-4 o'clock), bracelet circumference approx. 190 mm

Signed: case, dial and movement

Accessories: Patek Philippe Extract from the Archives confirming date of sale on September 29th, 1977


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MVT: is running at the time of cataloguing and the date advancing. CASE: in fair condition with noticeable signs of use and polish. The later-added bracelet in fair condition with noticeable signs of use and light warping. There is some rust to the middle case and to the underside of the bezel. DIAL: fair and honest condition with some fine spotting and blemishes visible with the naked eye. The luminous indexes react evenly under UV light and fade right after exposure, while the hands have likely been replaced and show a strong reaction indicating luminova. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Please note: Condition 16 of the Conditions of Business for Buyers (Online Only) is not applicable to this lot.


The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome). Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. The online condition report may not refer to all faults, restoration, alteration or adaptation but rather the online condition report is a statement of subjective, qualified opinion (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species. Please be advised that wristbands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE/BUSINESS APPLICABLE TO THE RESPECTIVE SALE.

The Patek Philippe Nautilus was launched in 1976 during the quartz crisis, which was hitting the Swiss watches industry hard at the time. Created by Gérald Genta, the iconic porthole-inspired design endured the crisis and is still extremely popular today. The first Nautilus reference was the 3700, such as the present lot, and produced until 1998 though steel versions were only made until 1986/1987. Boasting a large case for the time period, the nickname 'Jumbo' was adopted by collectors and stuck ever since.


When launched, Patek Philippe advertised the model as possibly the most expensive steel watch on the market which is still accurate today since succeeding references are definitely among the most expensive steel watches produced in series, often attaining even higher prices on the secondary market.


The present lot is offered in honest condition with original dial and later-added bracelet, and further accompanied by a Patek Philippe Extract from the Archives confirming its production and subsequent sale in 1977.