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Lot #2642

Patek Philippe Jumbo Nautilus 3700 Retailed by Tiffany & Co.

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Introduction

Released in 1976 as Patek Philippe's response to the Audemars Piguet Royal Oak, an avant-garde luxury stainless steel sports watch borne from AP's necessity to survive the Quartz Crisis, the Nautilus was Patek Philippe's attempt to go head to head with AP's increasingly popular sports watch. Designed by Gerald Genta, the same man that had designed the Royal Oak, the Nautilus was inspired by a porthole and thus features a rounded-over octagonal bezel and hinge-like protrusions on either side of its case. Featuring its signature horizontally embossed dial and iconic integrated bracelet, the Nautilus has become the most sought-after watch in the market today as collectors clamor over available examples thanks to its iconic design, extreme exclusivity, and impeccable craftsmanship. Famed as the very first variant, the Nautilus ref. 3700 was nicknamed the “Jumbo” thanks to its enormous, for the time, 42mm case. An unpopular timepiece from the get-go, the ref. 3700 failed to sell as well as Patek may have hoped, thanks to its significant departure from what Patek was known for at the time – complicated timepieces and classical dress watches. So, today the ref. 3700/1A exists as a rare timepiece indeed with approximately 3500 pieces produced until the ref. 3700/1A's discontinuation in 1990. While it might be the most 'common' of the ref. 3700 variants, it is still an incredibly rare watch. Indeed, considering the appetite for stainless steel Nautilus variants, particularly the full-sized ref. 3700, it is a comparatively harder timepiece to get one's hands on than its precious metal siblings.

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Grade

V 8.5

Status

Vetted & Approved

Included

Extract of the Archives

Est. value range

$150,000 – $200,000

The Details

Brand

Patek Philippe

Dimensions

42mm

Model

Nautilus

Movement

Automatic cal. 28-255C

Reference

3700

Bracelet

Stainless steel bracelet

Year

1977

Condition

Excellent

Material

Stainless steel

Included

Watch and Extract from the Archives

Dial Color

Blue

THE DIAL
THE DIAL

Appearing almost black at times, this ref. 3700/1A's dark blue dial allows its creamy yellow tritium luminescent hour markers and hands to pop against their dark backdrop. Additionally, this example features the exceedingly rare Tiffany & Co. stamp at 6 o 'clock. Signifying that Tiffany originally retailed the watch, these co-signed dials are an important part of the brand's history and make the watch bearing the stamp incredibly sought-after.

THE CONSTRUCTION
THE CONSTRUCTION

Thanks to its ultra-slim cal. 28-255C automatic movement, the ref. 3700's stainless steel porthole-inspired case stands at an impressively thin 7.66mm and sits almost perfectly flat on the wrist.

TIMING MACHINE READOUT
TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in excellent overall condition. Case surfaces are generally free from damage, with only minor marks visible, predominantly on the polished surfaces. Original dial in excellent condition. There are some slight signs of aging on the surface, and a few small marks near the center post. The bracelet has 17 links total, 5 of which are removable. There is minimal stretch in the bracelet.

Our Perspective

An icon within the world of horology, the Nautilus is the ultimate must-have timepiece for any collector, with the ref. 3700/1A being one of the most important, thanks to its status as the earliest, and collectible variants thanks to its stainless steel construction. Additionally, this example's Tiffany & Co. stamp doesn't hurt it either.

Eric Ku

Co-founder