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Patek Philippe’s Diamond-and-Ruby Nautilus: Is It Really a ₹5 Crore Watch?

Patek Philippe’s diamond-and-ruby Nautilus is Ref. 7118/1452G-001. The ₹5 crore report, however, concerned a separate emerald-set platinum Nautilus.
Estimate3–4 min Catalogued SpecialistWatchRanker Team
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Patek Philippe makes a diamond-and-ruby Nautilus Haute Joaillerie, reference 7118/1452G-001. The manufacturer says it carries 1,500 diamonds and 876 rubies. But the available evidence does not verify a ₹5 crore price for this model: that figure appeared in a 2021 report about a different, emerald-set platinum Nautilus.

Which Patek Philippe watch has diamonds and rubies?

The closest match to that description is the white-gold Nautilus Haute Joaillerie Ref. 7118/1452G-001, documented by Patek Philippe in 2023. Its factory-set stones cover the case, bezel and bracelet in a snow setting. Patek Philippe says the technique combines stones of different diameters to reduce the visible gold between them. See the manufacturer’s model information.

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  • 1,500 brilliant-cut diamonds, totaling 6.53 carats
  • 876 brilliant-cut rubies, totaling 6.58 carats

These figures and the setting description are Patek Philippe’s specifications for this reference, not an independent gem inspection.

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Is the ruby-and-diamond Nautilus worth ₹5 crore?

No official ₹5 crore price for Ref. 7118/1452G-001 is established by the available sources. The figure is traceable to a 2021 GQ India report about an emerald-set platinum Nautilus 5711 associated with Hardik Pandya. GQ described its value as above ₹5 crore; that is a historical secondary estimate for a different watch, not a manufacturer price or current valuation for the ruby-and-diamond model. Read GQ India’s report.

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A price claim for a rare luxury watch needs to identify the exact reference and distinguish an official retail price from a reported estimate or a resale valuation. The ₹5 crore report cannot establish the price of the 7118/1452G-001.

Other Patek Philippe gem-set watches are different models

Gem-set Patek Philippe references can look similar in a headline, but their stones, cases and complications are not interchangeable. These examples help distinguish them:

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Reference Documented details How it differs
Nautilus Haute Joaillerie 7118/1452G-001 White gold; 1,500 brilliant-cut diamonds and 876 brilliant-cut rubies; snow-set case, bezel and bracelet. Patek Philippe, 2023. The closest match for the diamond-and-ruby description.
Perpetual Calendar Chronograph Joaillerie 5271/12P Platinum; baguette-cut rubies on the bezel, lugs and folding clasp. Patek Philippe’s gemsetting page and 2022 release. A separate ruby-set complication watch, not a Nautilus. Manufacturer model information.
Grandmaster Chime 6300/401G-001 White gold; 291 baguette-cut diamonds (20.54 carats) and 118 baguette-cut blue sapphires (11.9 carats). Patek Philippe’s current collection page. A diamond-and-sapphire model, not a ruby watch. Manufacturer model information.
Platinum Nautilus 5711 in the 2021 GQ India report Emerald-set; associated with Hardik Pandya; reported by GQ India at above ₹5 crore. The watch behind that reported figure, not the diamond-and-ruby 7118/1452G-001.

What to check when identifying or buying one

For a specific watch, start with the reference number rather than a headline or a broad description such as “diamond Patek.” Then compare the gem configuration and setting locations with the manufacturer’s information. Documentation and a specialist’s assessment matter when establishing the identity and provenance of an individual example; this article does not authenticate a particular watch or establish its current availability.

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  • Match the reference number exactly.
  • Confirm whether the case material and gemstone types match that reference.
  • Compare the claimed setting locations and stone specifications with Patek Philippe’s published details.
  • Treat a media estimate as a report about that particular watch and date, not as a current price for another reference.
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How Patek Philippe describes its gem setting

Patek Philippe says the choice of setting method depends on the model and stone layout. Its gemsetting page discusses grain setting, invisible setting and the Flamme® technique; those descriptions should not be assumed to apply to every gem-set watch. For the 7118/1452G-001 specifically, the manufacturer identifies snow setting. Patek Philippe says: “Any gem we select – diamond, ruby, sapphire, emerald – is the very finest of its kind, and complies with our strict quality criteria.” Patek Philippe’s gemsetting explanation.

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