This Hand-Painted Patek Philippe Nautilus Design Sold for $727K at Auction
It’s an original prototype from well-known watch designer Gérald Genta.

During Sotheby’s second iteration of the “Gérald Genta: Icon of Time” auction series, the original design drawing from Genta circa 1976 sold for $727,000 to a private Asian buyer.
The auction house said the sale came after a battle among 10 bidders from around the world.
The Nautilus was the brand’s first luxury sports watch, representing a subtle yet innovative balance between the two categories and ushering in a modern era for the traditional brand.
Rendered on blue paper, Genta’s design offers two side profile options for the case, something very rare for his creations, Sotheby’s said.
Another highlight of the auction was a never-before-seen alternate prototype design of the Nautilus circa 1976, unproduced, which featured a strap rather than a bracelet.
Patek didn’t introduce a Nautilus with a leather strap until 2006, with its Ref. 5711 and 5712 examples, showing just how ahead of his time Genta really was.
His drawing garnered $121,000 to be the sale’s No. 2 lot.
Also notable in the sale was a Mickey Mouse Watch made specially for the transition of Hong Kong from the United Kingdom to China, a special commemoration series with Mickey holding the flags of all three. It garnered $39,000 at the Sotheby’s auction.
The sale also featured unique NFTs paired with each of the 100 original designs from Genta.
The first sale of the “Gerald Genta: Icon of Time” series took place in Geneva in February, led by his original design for Audemars Piguet’s Royal Oak watch, which sold for $610,586.
It continues during the Geneva Important Watches sale on May 10, where the artist’s own Audemars Piguet Royal Oak and four of his oil paintings will be on offer.
Its final sequence will take place in New York from June 8-22, led by the most valuable Disney watches he ever made, according to the auction house.
The Latest

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.


NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.

The museum’s new exhibition will feature one of Jesse Owen’s Olympic medals, Yogi Berra’s crown, Super Bowl rings, and more.

The new program provides access to media exposure and editorial opportunities for exhibitors and retailers.

The “Eclipse” jewelry collection captures the fleeting moment where light and shadow align though onyx, diamonds, and freshwater pearls.

Buying discipline at trade shows starts with clarity about your inventory levels, Smith writes.

Lazaro Rodriguez Vega was murdered inside Cash Out Gold and Silver in Fort Pierce. A 20-year-old man has been charged in the case.

A portion of every engagement ring sold in its Austin showroom will support the care and preservation of Austin’s wildflowers and green spaces.

Their partnership combines Gemist’s customization technology with Saban Onyx’s U.S.-based manufacturing capabilities.

Respondents were concerned about the Middle East conflict and how it will impact their finances.


























