The luxury watch world just experienced a historic moment. A unique Patek Philippe Nautilus Ref. 5711/1500A was showcased at the 30th Children Action anniversary auction in Geneva, shattered records, selling for an astonishing $7.56 million (CHF 6.7 million). This incredible feat marks the highest-ever price achieved for this now-discontinued reference.
A Watch Like No Other
This one-of-a-kind Nautilus isn’t just another steel sports watch. Hand-engraved with a stunning Maori-inspired design on its case and bracelet, the piece exudes artistry and craftsmanship. Only the polished center links of the bracelet remain unadorned, creating a striking balance of texture and shine. Complementing the intricate engraving is a dark grey dial with a subtle brown undertone, adding depth and elegance.
Moreover, the watch comes with matching hand-engraved cufflinks. These exquisite accessories feature a charcoal grey sunburst center framed by a black-gradient rim, perfectly pairing with the watch to elevate the set’s exclusivity.
A Record-Breaking Auction
This historic sale took place during a charity dinner hosted by Children Action, an organization founded in 1994 by Swiss entrepreneur Bernard Sabrier. Dedicated to improving the lives of disadvantaged children worldwide, the biannual event attracts some of the most sought-after timepieces in the world, with proceeds going to meaningful causes.
Renowned auctioneer Aurel Bacs led the intense bidding at Phillips. Both room and phone bidders competed for the prized Nautilus, ultimately driving the price past the previous record of $6.5 million set in 2021 by the Tiffany & Co. blue Nautilus.
The Legacy of Children Action
Patek Philippe’s partnership with Children Action underscores the brand’s commitment to philanthropy. By donating this extraordinary timepiece, the Geneva-based watchmaker continues to support initiatives that positively impact children’s lives globally.
A Symbol of Art, Charity, and Prestige
The Patek Philippe 5711 Nautilus Ref. 5711/1500A is more than a watch—it’s a masterpiece, a symbol of generosity, and a testament to the enduring appeal of Patek Philippe. This record-breaking moment not only highlights the timeless allure of the Nautilus but also demonstrates the power of luxury to create meaningful change.
For watch collectors, enthusiasts, and philanthropists, this auction will be remembered as a moment when art and charity came together to set a new standard.
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