Why is the 5711 so expensive?
Production spans some 246 different models. That means that no single model is likely made in great quantities. As a result, there is a real sense of scarcity. Particularly for popular models like the Nautilus Ref 5711/1A. Limited Supply and High Demand Highly sought-after models like the Nautilus 5711 or Aquanaut 5167A have become incredibly hard to find at retail prices, leading them to trade for two to five times their original price on the secondary market.
Is 5711 1A discontinued?
If you own a patek philippe nautilus ref. A-010, mark your calendars! Today the swiss watchmaker confirmed that after a 10-year-long production run, the model has been discontinued. That means that anyone who got their hands on one can bet that its value will instantly skyrocket in the secondary market. The patek philippe nautilus: a timeless investment the patek philippe nautilus is more than just a watch—it’s a timeless investment. Its combination of luxury craftsmanship, limited production, and growing demand makes it one of the most valuable timepieces on the market today.Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget.The chances of being able to buy a watch from Patek Philippe is the same as trying to walk in and buy a brand new Rolex Daytona… Slim to none. This is because most of the collections from the brand have an extensive waitlist that stem from under a year to around 8 years at the time of writing.
Which Nautilus is the most sought after?
Patek Philippe Nautilus 5811/1G The original Patek Philippe 5711 was a phenomenal success, resulting in a limited edition of the model with sought after “Tiffany” blue dial. This was sold for $6. Tiffany & Co in New York. The final iteration of the Patek Philippe Nautilus 5711 was launched later in 2021 as a limited edition of 170 pieces to celebrate the 170th anniversary of the relationship between Tiffany & Co. Patek Philippe.The Nautilus 5711 was the “it” model in Patek Philippe’s catalogue from its debut in 2006 until 2021 when it was discontinued and replaced by the 5811. The Tiffany blue edition is undoubtedly the most desirable model, boasting the jeweller’s signature blue shade on the dial, as well as its name at 6 o’clock.
What is the resale value of a 5711?
Patek Philippe 5711 Retail Price vs. The watch’s retail price started at CHF 27,000 (about USD 30,000). Today, it sells for more than USD 100,000 in the secondary market. The price hasn’t risen steadily. The blue dial 5711/1A-010 reached its peak at USD 131,504 in 2022. The absolute floor price for a Patek Philippe is typically found in the vintage quartz-powered ladies’ collection, which can be acquired on the secondary market for as low as $12,000 to $15,000. For a men’s mechanical watch, the floor is around $18,000 for specific vintage Calatrava models.