Actor Mark Wahlberg spotted wearing a Patek Philippe

Mark Wahlberg was recently spotted on the wrist with one of the most singular configurations of the Patek Philippe Nautilus ever to leave the Rue du Rhône: the reference 5711/113P-001, a platinum high-jewellery variant that most collectors will never see in the metal, let alone own.

The 5711/113P-001 is built on the architecture of the standard Nautilus 5711/1P, sharing its 40mm platinum case, the Gerald Genta-designed integrated bracelet, and the calibre 26-330 S C automatic movement — a 3.3mm-thin self-winding manufacture movement offering approximately 45 hours of power reserve with a silicon balance spring. What separates this reference from the broader Nautilus universe is Patek Philippe's Ateliers de Cadrans gem-setting workshop: 32 baguette-cut emeralds are set into the bezel in a continuous channel that follows the octagonal porthole outline, while 12 further baguette emeralds, selected for matched saturation, stand in place of the standard applied hour markers on the sunburst blue dial. The precision required to fit baguette-cut stones — square-ended, requiring perfectly parallel walls — into a curved bezel frame is extraordinary, and the rejection rate for unsuitable stones runs extremely high.

From a collector standpoint, the 5711/113P-001 occupies a category of its own. The standard Nautilus 5711/1A in steel was already trading north of $150,000 on the secondary market before Patek Philippe discontinued it in 2021. The platinum gem-set variant, produced in genuinely tiny numbers and requiring months of lapidary work, was never meant to be a volume reference. It exists as a demonstration of what the manufacture can accomplish when commercial considerations are set aside entirely.

Wahlberg has long maintained a serious watch collection, with Patek Philippe featuring prominently alongside other grand complications. Choosing the 5711/113P-001 — rather than a simpler jewellery watch — signals fluency with the brand rather than mere acquisition. This is not a watch one stumbles into.

At retail, the 5711/113P-001 carried an official list price of approximately $175,000. On today's secondary market, where provenance, box and papers, and rarity intersect, credible estimates place current grey-market value in the region of $1,750,000 — a tenfold appreciation that reflects both the discontinuation of the 5711 family and the near-impossibility of sourcing a gem-set platinum example through any conventional channel.