How much is the retail price of 5711 1300A 001?
The retail price for the 5711/1300A-001 was approximately $94,620 USD as of its release in 2021. Discontinued in 2021, the 5711 now sells for more than 3x retail on the secondary market. Even before it was discontinued, waiting lists were 8–10 years long, and most collectors never saw the call.
What is the resale value of a 5711?
Patek Philippe 5711 Retail Price vs. 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. Now it has settled around USD 89,404 – still three times its original price. 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.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.Both Rolex and Patek Philippe come with rich histories, though Patek Philippe’s history is longer, and its tradition is more renowned in horologist circles. Both Patek Philippe and Rolex offer notable watches beloved by collectors. Still, the Patek Philippe seal comes with a higher price tag.The “big four” private watch brands—Rolex, Patek Philippe, Audemars Piguet, and Richard Mille—all gained market share in 2023, while several conglomerate-owned brands lost ground, according to Morgan Stanley’s seventh annual “Swiss Watcher” report, compiled in conjunction with LuxeConsult.
When did the Patek Philippe Nautilus 5711 come out?
About the Patek Philippe Nautilus 5711 First released in 2006, the reference 5711 is the standard time and date version of the Patek Philippe Nautilus. While it represents one of the least complex offerings in the entire Nautilus collection, it is easily the most difficult to find at a retail level. 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.Before its discontinuation, the retail price for the stainless steel Patek Philippe Nautilus 5711/1A was approximately $30,000 to $35,000.
What is the hardest Patek Philippe to get?
The Patek Philippe Grandmaster Chime Ref. A-010 is arguably the most difficult Patek Philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made. A Patek Philippe watch insurance policy ensures you are protected from theft, loss, damage, and mysterious disappearance. If any of these events happen, your insurance company will repair or fully replace your timepiece at no out-of-pocket cost to you.
What is the hardest patek to get?
A-010. The Patek Philippe Grandmaster Chime Ref. A-010 is arguably the most difficult Patek Philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made. What is the cheapest Patek Philippe watch? The models in the Twenty~4 series are among the most affordable watches in Patek Philippe’s current range. The stainless steel reference 4910/1200A-001, which is equipped with a quartz movement, costs around 18,089. USD in unworn condition on Chrono24.