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Lot 1044
CIRCA: 1979
CASE NUMBER: 533.943
CASE MATERIAL: Stainless steel
DIAL: Blue textured dial with steel and luminous hour markers and date window at the "3" hour marker
BRACELET MATERIAL: Patek Philippe-signed stainless steel
BRACELET SIZE: 6-7/8 inches
MOVEMENT: Automatic, no. 1.303.902
FUNCTIONS: Time and date
CALIBER: 28-255 C

In 1972 Audemars Piguet was the first traditional luxury watch manufacturer to embrace a steel luxury sport watch, the Royal Oak, designed by Gerald Genta. Concerned about the competition, Patek Philippe hired Genta to design their own steel sport model, the Nautilus. Over time the Nautilus has become an icon and one of the most popular designs for Patek Philippe. Today it is so popular that buyers typically wait years on a waiting list for the opportunity to buy a new one. Prices for vintage Nautiluses at auction have markedly increased, and most people expect prices to remain strong with such a long backorder at boutiques. The current example is beautifully preserved in unmolested condition, retaining its original shape and condition for the lucky winning bidder.


Dial and hands in excellent condition. Luminous material in the dial and hands fully intact, aged to a beautiful creamy color, and appears original to the watch. Case perhaps with a single light polish, in excellent condition. Bracelet also in excellent condition with few light scratches. Movement running at time of cataloging. Overall in excellent condition.

Any reference to condition in a condition report will not include a full description of condition, and for example, may not specify all faults, alteration, adaptation, mechanical replacements or imperfections to the movement, case, or dial. Colors and shades may look different online or in printed materials than they look on physical inspection, and images may not clearly show the condition of a lot. Prospective buyers should inspect each lot in person and make their own evaluation of the lot. They must understand that any statement made by Fortuna Auction LLC ("Fortuna") is merely a subjective, qualified statement and does not constitute a representation, warranty, or assumption of liability by Fortuna. All dimensions in catalog descriptions are approximate. No warranties are made that watches in water-resistant cases are currently water-resistant. Fortuna does not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets or leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts.

Pre-owned watches, unless still in original packaging or never worn, will likely have some degree of wear and scratches. This should be expected for many of the watches offered in auction. Even if a watch is running and keeping time, bidders and buyers should expect that all movements will require maintenance. Fortuna recommends that all successful buyers promptly take their watches to a professional watchmaker for evaluation.

Prospective buyers should also refer to any notices as well as the Conditions of Sale in Fortuna's print catalogs and made available on its website, digital bidding platform, and other third-party digital bidding platforms. Please note it is the purchaser's responsibility to comply with any applicable import and export matters, including but not limited to customs regulations, duties, and lots incorporating materials from endangered species. NOTWITHSTANDING THIS REPORT OR ANY DESCRIPTIONS OR DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" WITHOUT ANY WARRANTY OR REPRESENTATION, EXPRESSED OR IMPLIED BY FORTUNA, THAT ANY OF THE LOTS FOR SALE ARE MERCHANTABLE OR SUITED FOR ANY PURPOSE.

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Patek Philippe Nautilus Ref. 3700/1 in Steel

Estimate $80,000 - $120,000Feb 13, 2019
New York, NY, USA