May 1st, 2014 marked the 175th anniversary of the establishment of one of the oldest and finest watchmaking manufactures of all time. Patek Philippe is Geneva's oldest independent family-owned watch manufacturer. Its independence enables it to go its own way and control its own destiny while pursuing a long-term vision.
From the Editor: Seems I've Identified the Gregory Pau that Consigned the Olive Green Patek Nautilus to Antiquorum
Well, I’ve done my thorough research as this is a very hot topic. Yesterday, I told you about the Patek Philippe Nautilus ‘Olive Green’ ref. 5711/1A-014 that sold for almost half a million dollars —$490,000 USD to be precise— at the Antiquorum auction in Monaco. After my rant about the watch industry and the nonsense going on with regards to the pricing bubble and the lack of inventory from brands like Patek Philippe, Audemars Piguet, and Rolex, it’s time to now release some details on who the consigner of the watch seems to be.
From the Editor: Sealed Patek Nautilus 'Olive Green' Sold for $490,000 USD by Antiquorum Showing the Original Purchaser's Name. What's Next?
When I saw Antiquorum’s lot 152 —the new Patek Philippe Nautilus ‘Olive Green’ ref. 5711/1A-014— offered for sale at their auction at the Monte Carlo Hotel de Paris in Monaco today, the first questions that came to my mind were: Where is the watch industry going? Why are some watch collectors so greedy? Is someone getting blacklisted over this?
From the Archives: Patek Philippe Annual Calendar Chronograph ref. 5905P
Released in 2015, the Patek Philippe Annual Calendar Chronograph ref. 5905P in platinum quickly became one of the hottest watches and a grail watch for many. Available in two dial variations —blue or black—this is a perfectly designed Patek featuring a solid platinum case —with a total weight of 130.3 grams to be precise— that even at 42 mm in diameter, it’s not too big nor too small. As far as its complications, the Patek Philippe ref. 5905P is equipped with an annual calendar and a 60-minute chronograph. Even though the annual calendar automatically takes into account the differing lengths of individual months it is still unable to factor in the differing length of the month of February or the leap years like a Perpetual Calendar would.
Insider: Patek Philippe Minute Repeaters. History, Explanation and 10 Facts You Need to Know About Them.
The history of Patek Philippe and Minute Repeaters is a long one. A couple of years ago, we had the opportunity to participate in the Minute Repeater Training and Sound Tasting class at Patek Philippe in New York City. For those of you wondering if Patek invented the Minute Repeater, the answer is no. It was Daniel Quare who invented the repetition mechanism in 1680; however, when it comes to Minute Repeaters, we all have to agree that no one other than Patek Philippe makes the most classical, elegant and perfect sounding timepieces equipped with the king of all complications.
News: Patek Philippe Aquanaut Chronograph ref. 5968G in Blue and in Khaki Green
First released in 2018 in stainless steel with a black gradient dial with orange accents, the Patek Philippe Aquanaut Chronograph ref. 5968 returns to the center stage with two 18K white gold models. The first one, reference 5968G-001 with a midnight blue dial and blue matching strap, and the second one reference 5968G-010 with a khaki green dial and matching strap in the same color.
Watch Auctions: Patek Philippe ref. 570 'Calatravone', a Nautilus ref. 5711P and Four Different Series 2499s Sell for $10.6 Million USD at the Phillips GWA XIII
This past weekend May 8-9th, 2021 in Genève, Switzerland, Phillips Watches delivered —yet again— some incredible results at their Geneva Watch Auction XIII where six Patek Philippe watches within a total of 236 lots, fetched over $10.6 Million USD. A Patek Philippe ref. 570 'Calatravone', a Nautilus ref. 5711 in Platinum and Four Different 2499s all collectively broke the $10 million USD mark in another very exciting auction under the reigns of Aurel Bacs, who we like to call ‘King Midas’.
Insider: Patek Philippe Nautilus Travel Time Chrono ref. 5990/1R. Hands-On with the New King of All Nautiluses.
Twenty days after its release, we have the pleasure of bringing you our hands-on review of the new Patek Philippe Nautilus Travel Time Chronograph ref. 5990/1R. Following the success of the 5990/1A —one of our favorite Nautilus references—, Patek Philippe decided to launch a new iteration of this reference in 18K rose gold. Even though Patek’s stock images blew our socks off and we knew we would love the watch in person, handling this watch in the metal is a totally different story.
W&W 2021: Patek Philippe Calatrava 'Clous de Paris' ref. 6119 in Rose Gold and White Gold
A new design and a new movement for one of Patek Philippe’s most important classics. The famous Calatrava with the guilloched hobnail bezel is one of the most inimitable examples of the typical Patek Philippe style. It now comes in a new version with a decidedly contemporary look, a slightly larger diameter at 39 mm, and a dial with applied hour markers. This sleek, slender, and elegant men’s wristwatch in rose or white gold also has a totally new manually wound Patek Philippe movement with a power reserve of 65 hours.
W&W 2021: Patek Philippe Annual Calendar ref. 4947/1A. First Time in Stainless Steel.
The third notable debut: one of the biggest successes of the manufacture in a totally new version is the new Ref. 4947/1A-001 Annual Calendar. The very first version of this queen among useful complications with a round case in steel and a metal bracelet. Patek Philippe invented the ingenious Annual Calendar mechanism that was patented in 1996. It requires only one manual correction per year and so far has been available in various ladies’ and men’s models in three gold colors and in platinum.
W&W 2021: Patek Philippe ref. 5236P. Totally New Perpetual Calendar with One-Line Day-Date-Month Aperture.
For Watches & Wonders 2021 Patek Philippe introduces a totally new perpetual calendar with an innovative patented one-line display that displays the day, the date, and the month on a single line in an elongated aperture beneath 12 o'clock. This new in-line perpetual calendar premières in an elegant platinum case with a blue dial. As classic grand complications par excellence, perpetual calendars have always been prominently featured in Patek Philippe’s collections.
W&W 2021: Patek Philippe Nautilus Baguette Set Stainless Steel and Olive Green Dial ref. 5711/1300A-001. First Time Patek Pairs Diamonds with Steel.
With the new reference 5711/1300A-001, Patek Philippe introduces an exceptionally remarkable alliance combining stainless steel with baguette-cut diamonds that are usually only paired with precious metal watches. The characteristic shape of the bezel and case is emphasized with a row of 32 flawless Top Wesselton baguette diamonds —approximately 3.6 carats— set to the highest standards of the master jeweler’s art.
W&W 2021: Patek Philippe Nautilus ref. 5711/1A-014. Olive Green is the New Blue.
Following the announcement that 2021 will be the last production year of the stainless steel Patek Philippe Nautilus model Ref. 5711/1A with blue dial, Patek presents a totally new stainless steel reference with olive green sunburst dial. This new dial will also be available in a version featuring a bezel set with baguette diamonds.
W&W 2021: Patek Philippe Nautilus Travel Time Chronograph ref. 5990/1R in Rose Gold
First released in 2014, the Patek Philippe Nautilus Travel Time Chronograph ref. 5990 now appears cloaked in 18K rose gold and sporting a gorgeous blue dial. This amazing complication that features a chronograph with the Travel Time function that indicates the time in two different time zones at a single glance is fitted with the traditional Nautilus case now in rose gold measuring 40.5 mm in diameter. This new watch, combines two highly popular complications and features additional functions for enhanced everyday convenience. A new watch that for sure will give the Nautilus Chronograph 5980/1R a run for its money.
Experience: Santiago de Cuba Extra Añejo 12 Years Rum. As Scarce as a Patek Philippe Nautilus ref. 5980R.
Just as scarce as a Patek Philippe Nautilus ref. 5980R is one of Cuba’s most legendary rums. Less popular outside Cuba than the well-known Havana Club —produced by the same state company Cubaron—, Ron Santiago de Cuba takes its name from its birthplace, Santiago de Cuba a.k.a the cradle of Cuban light rum. Established in 1862 and produced by Cubaron since 1960 when the revolutionary government nationalized the Bacardí and Matusalén factories.
From the Editor: The Patek Philippe Nautilus 5990/1A is now a Highly Coveted Six-Figure Watch. How Much Higher will it Get?
The Patek Philippe Nautilus Travel Time Chronograph ref. 5990/1A was released back in 2014 and since then it’s been one of my favorite Nautilus references. It brings the best in design and functionality by combining a Travel Time function that indicates the time in two different time zones with a 60-minute chronograph and a date indicator. With a retail price right under $60K at $59,140 USD, this is another one of those Pateks that has gone out of control in the secondary market.
From the Editor: Is the 'Sleeper' Patek Philippe 5960/1A the Next Big Thing?
The Patek Philippe reference 5960 was first released in 2006 in platinum and it instantly won acclaim as it was the brand’s first automatic in-house chronograph. Then in 2014, Patek released the 5960/1A in stainless steel with a silvered dial and everyone had mixed opinions about it —read our hands-on review here—, I personally felt it was a very well-balanced timepiece and a lot of watch for the money to be quite frank.
Experience: Nusr-Et Steakhouse. You Come to see #Saltbae's Patek and you Leave in Awe by his Food.
When you're a watch collector and a foodie, a visit to one of Nusret Gökçe's restaurants Nusr-Et Steakhouse is a must. Better know as #Saltbae, Nusret is one of Instagram's biggest hit stars with more than 33 million followers. However, what makes Nusret more interesting to us, is his fascination for watches, specifically Patek Philippe timepieces that we've spotted a dozen times on his wrist throughout his posts on the gram.
News: Patek Philippe Three New Twenty-4 Models
Continuing the renewal of its Twenty-4 collection, Patek Philippe presents three new expressions to epitomize timeless feminine elegance. The “manchette” or cuff-style models with quartz movements now include a new version in 18K rose gold with a chocolate brown sunburst dial and the Twenty-4 Automatic, in a round case, offers two new models, one in steel adorned with an olive green sunburst dial, the other in 18K rose gold, its dial gilded with a rose gold sunburst.
Experience: Patek Philippe ref. 5960/1A and a Macan GTS with Bordeaux Red Interior. A Match Made in Heaven.
Every once in a while, certain watches are the perfect match for a particular car. Depending on the color of their dials, straps, or colorful accents —in their overall design—, one can sometimes perfectly match a watch to the exterior and interior of a car. While it doesn’t happen often, we believe that the combination between a Patek Philippe ref. 5960/1A and a jet black metallic Porsche Macan GTS with Bordeaux red Interior, is a match made in heaven.