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. In 2021, when patek philippe discontinued its best-selling ref. A-010 — the model with eight-year wait lists, for those who could get on the wait list at all — prices for the $33,000 stainless-steel wristwatch with a black-blue dial soared into six-figure territory on the secondary market.Reason 3: The Patek Philippe Is a Good Investment A modern version of the legendary – and now discontinued – ref.In general, the price range for a Patek Philippe Nautilus typically falls between US$35,000 and over US$100,000, determined by the specific features, rarity, and materials utilized in its construction.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 was 5711 discontinued?
So why did the patek philippe nautilus 5711 get the ax despite doing so well? Patek’s president thierry stern, the decision to stop making this watch was because it was soaking in too much attention. One could say that the nautilus 5711 became a victim of its own success. patek philippe watches, such as the nautilus or grand complications, often appreciate in value significantly, owing to their rarity and complex craftsmanship. Rolex models like the submariner or daytona are prized for their robustness and universal brand recognition, ensuring strong resale value.The Patek 5711 is a standout in luxury watches. Its unique, sporty design and superior craftsmanship make it a favorite among watch enthusiasts. The Nautilus 5711 is versatile, fitting both casual and formal styles. Its strong yet refined construction and precise movement set it apart.
What replaced the Patek 5711?
Patek Philippe’s successor to the legendary 5711 — the Nautilus Ref. G in 18k white gold. 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.Nautilus 5711 Discontinued. Farewell to the 5711: Patek Philippe bid farewell to the iconic 5711, culminating in the Tiffany Blue edition—a true collector’s item with only 170 pieces produced.