The white gold Ref. 5811/1G-001 is a successor to the Ref. 5711/1A, the stainless-steel Nautilus with a black-blue dial that has been one of the world’s most sought-after wristwatches.
The collapse in cryptocurrencies is easing supply of the most sought after watches on the second-hand market, depressing prices for hard-to get-Patek Philippe and Rolex models.
Instagram accounts that keep you clued into the watch scene, and expand your horological universe.
"Over time, the focus narrowed into the brands I collect (Patek Philippe, Cartier, Audemars Piguet, and Vacheron Constantin), a particular time period (1945 to 1965), and a particular genre." - Roni Madhvani
Watches seen at the recent Sun Valley Conference in Idaho, where some 90 private planes flew in billionaires like Mark Zuckerberg and Tim Cook.
The piece from the Swiss company's 1518 series sold on Saturday for 11,002,000 Swiss francs following a 13-minute bidding war, according to a statement from Phillips, a leading watch auction firm based in London.
An Asian collector bought a platinum chronograph Patek Philippe wristwatch owned by British rock guitarist Eric Clapton for 3.44 million Swiss francs at auction on Monday, Christie's said.