Patek Philippe Limited Edition Rose Gold Nautilus Factory Baguettes 5723/1R

$470,000.00

Patek Philippe Limited Edition Rose Gold Nautilus Factory Baguettes 5723/1R

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$470,000.00

Introduced in 1976 and created by legendary designer Gérald Genta as a sporty yet elegant timepiece, the Patek Philippe Nautilus has stood at the intersection between sports and luxury watchmaking for decades. Released in 2015, the Patek Philippe Nautilus variant that we have here, the ref. 5723/1R, is an ultra-luxurious take on its timelessly elegant design. Elevating the classic design through luxurious materials such as its 18kt rose gold case and bracelet and a diamond-set bezel boasting 32 baguette-cut diamonds to match its diamond-set golden dial, this specific variant of the ref. 5723/1R is both a statement of refined luxury and an ultra-rare example of Patek Philippe going above and beyond to create something truly special for their most valuable clients. Featuring the Nautilus’ iconic design and construction, this ref. 5723/1R boasts the collection’s signature 40.5mm case in 18kt rose gold, which maintains the Nautilus’ signature bracelet and porthole-inspired case with its rounded octagonal bezel - now adorned with 32 diamonds for a bright burst of opulence. Fit with a golden horizontally-embossed dial, which seamlessly blends in with the warm 18kt rose gold surrounding it, the ref. 5723/1R’s display luxuriously features 12 baguette-cut diamonds, one for each hour. An off-catalog piece that is both exceptionally rare and tremendously beautiful, the Nautilus ref. 5723/1R showcases the aesthetic variety that the Nautilus collection can achieve.

Reference: 5723/1R
Year: 2025
Material: Rose Gold
Case Diameter: 41mm
Dial: Gold
Glass: Sapphire
Condition: Unworn
Comes with Original Box And Original Papers

Year 2020
Condition Pre-Owned
Scope of Delivery Watch with original box and papers
Case Material Yellow Gold
Dial Color Gold
Case Size 41mm
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Watch Condition Key

Unworn and Unused

The item shows no signs of wear.

Like New

The item is in Like New condition with little to no wear.

Pre-Owned

The item is pre-owned and shows minor signs of wear, such as small, intangible scratches.

Worn

The item has been worn and is in used condition, with visible wear like scuffs and scratches.

×

Scope of Delivery

Scope of delivery refers to what comes with the watch, such as the original box and original papers.

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Expert Review

Read the full article: Video: Unboxing the Patek Philippe Nautilus 5723/1R

Patek Philippe Nautilus 5723/1R: Rose Gold and Baguette Diamonds

A full rose gold Nautilus set with diamonds is the kind of watch that could easily go wrong, and this one does not. The 5723/1R is a diamond-set rose gold Nautilus, baguette-cut stones around the bezel and across a warm gold dial. Gérald Genta drew the original Nautilus in 1976, and that shape carries the baguettes better than you would expect. We filmed the whole piece close up, so here is what stood out.

Patek Philippe Nautilus 5723/1R rose gold case with baguette diamond bezel and gold dial

Rose gold case, baguette diamond bezel, and the date at three o'clock.

The Rose Gold Nautilus 5723/1R

This is the 5723/1R, a diamond-set Nautilus in 18kt rose gold. It comes in a dark ebony presentation box with the Calatrava cross inlaid on the lid. The dial is a warm rose-gilt gold, so the case, bracelet, and dial all read as one metal.

Patek Philippe Nautilus 5723/1R ebony presentation box with Calatrava cross inlay

The ebony box, with the Calatrava cross set into the lid.

Rose Gold Case and Diamond Bezel

The case is 18kt rose gold and 40mm across, so it keeps the flat Nautilus profile even with the extra weight of gold. The rounded octagonal bezel is set with 32 baguette-cut diamonds, cut square and lined up edge to edge around the bezel, not the round pavé you usually see. The crown screws down with the Calatrava cross on its face. Everything is done in one metal, which is what keeps it from tipping into costume territory.

Patek Philippe Nautilus 5723/1R rose gold screw-down crown with Calatrava cross

The screw-down crown, engraved with the Calatrava cross.

The Gold Dial

The dial matches the case, a warm rose-gilt gold tone with the horizontal Nautilus embossing running across it. Twelve baguette diamonds stand in for the hour markers, and there is a date window at three o'clock. That is the full layout: hours, minutes, a sweep seconds hand, and the date. No sub-dials, nothing crowded. Up close the grooved dial and the baguettes catch light from different angles, which is what gives it depth in person.

Patek Philippe Nautilus 5723/1R gold embossed dial with baguette diamond markers and date

Gold dial with the horizontal Nautilus embossing and baguette markers.

Macro close-up of the Patek Philippe Nautilus 5723/1R dial texture and baguette markers

Close up, the grooves and baguettes catch the light from every angle.

The Movement

Turn it over and the sapphire caseback opens onto a self-winding movement. The bridge is engraved twenty-nine jewels, there is a solid gold rotor, and it carries the Patek Philippe Seal. The spec card lists a 45-hour power reserve. The finishing is a big part of what you pay for here, and it is all on display through the back.

Patek Philippe self-winding movement through the sapphire caseback of the Nautilus 5723/1R

The movement through the sapphire back, gold rotor and all.

Bracelet, Weight, and Fit

The integrated rose gold bracelet is pure Nautilus: brushed outer links with a polished center row, tapering into a fold-over clasp stamped with the cross. It is heavy. On our scale the watch came in at 172.1 grams, a little over a third of a pound, and you feel that solid gold the moment you pick it up. At 40mm it still wears flat and sits well, so the diamonds and the gold do not turn it into a watch you leave in the box.

Patek Philippe Nautilus 5723/1R integrated rose gold bracelet with brushed and polished links

Brushed outer links, a polished center row, and the cross on the clasp.

Patek Philippe Nautilus 5723/1R weighing 172.1 grams on a scale

On our scale it read 172.1 grams, a little over a third of a pound.

Patek Philippe Nautilus 5723/1R worn on the wrist showing the 40mm rose gold case

At 40mm it wears flat, even in solid gold.

Availability and Price

A diamond-set gold Nautilus like this is not something you walk into a boutique and buy off the shelf. Pieces like this trade through the grey and pre-owned market, which is the market we work in every day. Our example is unworn, comes with its original box and papers, and is priced at $470,000. Diamond-set gold Nautilus references do not come around often, and we do not see many. We are not financial advisors, so treat anything we say about value as our read of the market, not a promise.

Patek Philippe Nautilus 5723/1R in its open presentation box with specification card

Reference 5723/1R, 40mm rose gold, seated in its presentation box.

Frequently Asked Questions

What is the Patek Philippe 5723/1R?

It is a diamond-set Nautilus in 18kt rose gold, reference 5723/1R, with a warm gold dial. The bezel and dial are both set with baguette-cut diamonds, it is self-winding, and it has a date at three o'clock.

How big is the 5723/1R and what does it weigh?

The case measures 40mm across and keeps the slim Nautilus profile. In solid 18kt rose gold with the full bracelet, it weighed 172.1 grams on our scale, a little over a third of a pound. Despite that, it still wears flat.

Does the Nautilus 5723/1R have a display caseback?

Yes. The sapphire caseback shows the self-winding movement, with its solid gold rotor and the Patek Philippe Seal. The bridge is engraved twenty-nine jewels, and the spec card lists a 45-hour power reserve.

Can I still buy the Nautilus 5723/1R?

Not off the shelf at a boutique, since diamond-set Nautilus references like this surface only rarely. Examples come around through the grey and pre-owned market. The one in our video is unworn with its original box and papers, priced at $470,000. Reach out and we can walk you through it.

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