PATEK PHILIPPE, NAUTILUS, 18K PINK GOLD AND DIAMOND-SET WRISTWATCH WITH BRACELET, REF. 3800/1

Lot 81
10.12.2020 10:00UTC +00:00
Classic
Sold
$ 312 500
AuctioneerCHRISTIE'S
Event locationUnited Kingdom, London
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ID 461176
Lot 81 | PATEK PHILIPPE, NAUTILUS, 18K PINK GOLD AND DIAMOND-SET WRISTWATCH WITH BRACELET, REF. 3800/1
Estimate value
$ 250 000 – 450 000
Circa: 1989
Movement: Automatic, Cal. 335 SC, 29 jewels
Dial: Black, diamond-set numerals, luminous hands, center seconds, date
Case: 18k pink gold Nautilus-type case of typical form secured by four screws in the band, 37mm diam.
Bracelet/Clasp: Patek Philippe 18k pink gold bracelet and deployant clasp, overall approximate length 6 inches
Accompanied By: A Patek Philippe Extract from the Archives confirming date of sale on March 2, 1990

º ♦ Where Christie’s has provided a Minimum Price Guarantee it is at risk of making a loss, which can be significant, if the lot fails to sell. Christie’s therefore sometimes chooses to share that risk with a third party who agrees prior to the auction to place an irrevocable written bid on the lot. If there are no other higher bids, the third party commits to buy the lot at the level of their irrevocable written bid. In doing so, the third party takes on all or part of the risk of the lot not being sold. Lots which are subject to a third party guarantee arrangement are identified in the Sale Particulars with the symbol º ♦. In most cases, Christie's compensates the third party in exchange for accepting this risk. Where the third party is the successful bidder, the third party's remuneration is based on a fixed financing fee. If the third party is not the successful bidder, the remuneration may either be based on a fixed fee or an amount calculated against the final hammer price. The third party may also bid for the lot above the irrevocable written bid. Where the third party is the successful bidder, Christie's will report the purchase price net of the fixed financing fee. Third party guarantors are required by us to disclose to anyone they are advising their financial interest in any lots they are guaranteeing. However, for the avoidance of any doubt, if you are advised by or bidding through an agent on a lot identified as being subject to a third party guarantee you should always ask your agent to confirm whether or not he or she has a financial interest in relation to the lot.




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