This Hand-Painted Patek Philippe Nautilus Design Sold for $727K at Auction
It’s an original prototype from well-known watch designer Gérald Genta.
During Sotheby’s second iteration of the “Gérald Genta: Icon of Time” auction series, the original design drawing from Genta circa 1976 sold for $727,000 to a private Asian buyer.
The auction house said the sale came after a battle among 10 bidders from around the world.
The Nautilus was the brand’s first luxury sports watch, representing a subtle yet innovative balance between the two categories and ushering in a modern era for the traditional brand.
Rendered on blue paper, Genta’s design offers two side profile options for the case, something very rare for his creations, Sotheby’s said.
Another highlight of the auction was a never-before-seen alternate prototype design of the Nautilus circa 1976, unproduced, which featured a strap rather than a bracelet.
Patek didn’t introduce a Nautilus with a leather strap until 2006, with its Ref. 5711 and 5712 examples, showing just how ahead of his time Genta really was.
His drawing garnered $121,000 to be the sale’s No. 2 lot.
Also notable in the sale was a Mickey Mouse Watch made specially for the transition of Hong Kong from the United Kingdom to China, a special commemoration series with Mickey holding the flags of all three. It garnered $39,000 at the Sotheby’s auction.
The sale also featured unique NFTs paired with each of the 100 original designs from Genta.
The first sale of the “Gerald Genta: Icon of Time” series took place in Geneva in February, led by his original design for Audemars Piguet’s Royal Oak watch, which sold for $610,586.
It continues during the Geneva Important Watches sale on May 10, where the artist’s own Audemars Piguet Royal Oak and four of his oil paintings will be on offer.
Its final sequence will take place in New York from June 8-22, led by the most valuable Disney watches he ever made, according to the auction house.
Sponsored by HiBid
Plus, JSA President John Kennedy talks about the trajectory of industry crime over the last 20 years.
The fair was evacuated temporarily Tuesday after four suspects smashed a showcase and stole jewelry from British jeweler Symbolic & Chase.
Rare & Forever is helping to create an enjoyable diamond buying experience for the millions of newly-engaged couples.
Experience all the Italian Jewelry market has to offer in Las Vegas.
Retail ounce sales were up 23 percent year-over-year in Q1, according to the recent Platinum Jewellery Business Review.
Scheduled for Sept. 8-11, the event will comprise more than 310,000 square feet of show floor, exhibits, and education space.
Continental Diamond in Minneapolis is awarding a total of $25,000 in prizes via daily sweepstakes.
“Confluence” is happening in August.
He first took a job at then Philadelphia-based Jewelers’ Circular-Keystone in 1963 and retired in 1996.
It cited two recent cases in California, plus incidents in Florida, Kansas, and Illinois.
The 10,000-square-foot location allows for expanded collections from design partners while continuing custom design and other services.
Svetlana Lazar’s “Wishing Well” collection utilizes an innovative component to mimic the movement of water beneath them.
Sponsored by AGTA
All proceeds up to $25,000 will benefit the It Gets Better Project, a nonprofit that supports LGBTQ+ youth.
It’s a reminder that life is best lived with discretion.
The end-to-end software allows for real-time control over all sales, inventory, repairs, customer communications, and marketing.
Associate Editor Lenore Fedow shares her impressions of the Las Vegas Antique Jewelry & Watch Show and a few of her favorite finds.
The Asian Institute of Gemological Sciences aims to set a color standard for the trade name.