Last Saturday, December 10, 2021, the famous auction house Phillips sold the first Patek Philippe Nautilus Ref. 5711/1A-018 of 170 units produced to celebrate 170 years of partnership between the Swiss watch brand and Tiffany & Co., which we had the opportunity to talk about here last week.
At the helm of the auction was Aurel Bacs, whose hammer only stopped at $5,350,000 as a New York bidder snatched the first Nautilus with a Tiffany blue dial. The final value amounted to $6,530,000 (added the auction prize), making it the eighth-most expensive watch in the world auctioned. With the total amount going to The Nature Conservancy (TNC). The TNC was founded in the U.S. in 1951, it is a global environmental nonprofit working to create a world where people and nature can thrive.
The auction took place in New York at 432 Park Avenue, opening the brand-new space of Phillips.
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Photo Credits: Phillips