The iconic Patek Philippe Nautilus 3700/1

Patek Philippe: 2025 is a year for anniversaries in the timepiece world, but next year has a big one, too, which collectors have already marked.

The Patek Philippe Nautilus 3700/1, introduced in 1976, marked a significant moment in horological history, blending bold design and innovative engineering to create one of the most iconic luxury sports watches.

Let’s explore the details of this legendary model.

Initial Release: Stainless Steel Dominance

The Nautilus 3700/1 debuted with a 42mm case featuring an integrated bracelet that tapered to 16mm at the clasp.

Its distinctive design was brought to life through collaborations with notable manufacturers: Favre Perret for the case and Gay Frères for the bracelet.

Initially, the 3700/1 was available exclusively in stainless steel, with a retail price of $3,100. At the time, this price point was significant, rivaling the cost of a solid gold Golden Ellipse ref. 3548, reflecting the brand’s confidence in this bold new direction.

Approximately 3,500 units of the stainless-steel version were produced, cementing its status as a pioneering luxury sports watch.

Exploration of Precious Metals (1977-1978)

By 1977, Patek Philippe expanded the Nautilus 3700/1 line to include versions crafted from precious metals:

• Full Gold: About 1,000 units in yellow gold were produced, making this variant a symbol of opulence.
• White Gold: Only 40 examples were made, adding significant rarity and desirability for collectors.

In 1978, the brand introduced a two-tone steel and yellow gold model, with approximately 600 units produced. This combination appealed to enthusiasts seeking a balance between luxury and the sporty character of the Nautilus.

The Ultra-Rare Platinum Edition

The same year saw the creation of a single platinum Nautilus 3700/1, a one-of-a-kind piece with case number 552,216.

This extraordinary watch became the crown jewel of the 3700/1 series. In 2023, it made headlines when it sold at Phillips Geneva, becoming the most valuable 3700/1 ever auctioned.

Legacy of the 3700/1

With its bold design, integrated bracelet, and groundbreaking use of stainless steel in luxury watchmaking, the Nautilus 3700/1 challenged traditional norms and redefined what a high-end timepiece could be.

Today, its limited production numbers, diverse material variations, and cultural significance make it a highly coveted piece for collectors.

From its inception to its modern-day reverence, the Nautilus 3700/1 remains a testament to Patek Philippe’s innovation and enduring elegance.