An extremely rare Patek Philippe x Tiffany & Co. watch has just sold for a jaw-dropping $3.2 million.
The breathtaking Patek Philippe Tiffany Blue Nautilus timepiece was the biggest standout of Christie’s Rare Watches Auction, which kicked off Monday morning. With its debut last year, only 170 of the watches were made, landing in the hands of the wealthy, including actor Leonardo DiCaprio. Music mogul Jay-Z also possesses one of these pieces, though that is no surprise considering he and Beyoncé’s relationship with Tiffany & Co.
Though $3.2 million is a hefty price for a chronograph, it is noticeably lower than another of these pieces that sold for $6,503,000 last year. Nevertheless, fetching anywhere in the millions is a win for the Patek Philippe x Tiffany & Co. collaboration.
The Patek Philippe Tiffany Blue Nautilus is the final version of the widely sought-after 5711 model, which was officially discontinued in 2021 following a 15-year production run. Additionally, the piece celebrated the 170th anniversary of Tiffany’s and Patek’s partnership, which has spawned some of the watch industry’s most praised watches. For this limited edition collection, combining Patek’s flawless chrome bodywork with Tiffany & Co.’s iconic blue dial has turned out to be the ideal option.
Monday’s sale marks the second time the Patek Philippe Tiffany Blue Nautilus has been placed on the auction block.