How much is the 5711 1300A 001 retail price?
The retail price for the 5711/1300A-001 was approximately $94,620 USD as of its release in 2021. 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.While just about every single Patek Philippe collector will want to get their hands on this incredibly special model, production will be strictly limited to just 170 pieces and the watch will be exclusively available at Tiffany & Co. New York, Beverly Hills, and San Francisco.Before its discontinuation, the retail price for the stainless steel Patek Philippe Nautilus 5711/1A was approximately $30,000 to $35,000.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.
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. Patek philippe aquanaut watches cost around $77,000 on average, though prices range from around $21,000 to $451,000 depending on the exact model.Patek Philippe Nautilus watches cost around $108,000 on average, though prices range from around $31,000 to $509,000 depending on the exact model. The most popular Patek Philippe Nautilus watch is the 5711/1A, which has an estimated market value of $108,018.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.
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.
What replaced the Patek 5711?
Patek Philippe’s successor to the legendary 5711 — the Nautilus Ref. G in 18k white gold. Ref: 5711/113P-001. Market Price (Approx): 12. Cr ($1,445,000) The Patek Philippe Nautilus 5711/113P-001 features a 40mm platinum case, bezel set with 32 baguette-cut emeralds, and a black dial with emerald hour markers.
How long is the waitlist for a Patek?
The waiting list for Patek Philippe is entirely dependent on the collection and the model you choose. For example, if you opt to buy a Patek Philippe Nautilus, you may find yourself on a waiting list of up to 8 years. However, for the Calatrava collection, you may be on a waiting list for around 1 year. Waiting Lists and Timeline Expectations The Patek Philippe Nautilus waiting list currently extends 5-8 years for most references, with some customers waiting up to a decade.