How much is the Patek Philippe Nautilus ref 5711 1A 010?
Patek Philippe Nautilus 40mm Watch – Ref: 5711/1A-010 – Blue Dial, Stainless Steel Bracelet. 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.In conclusion, the 5711/1A-001 is a stainless steel three-hand display Nautilus series watch produced between 2006 and 2010. It’s the same model as the 5711/1A-010, which was produced between 2010 and 2020. The main distinction between the two is whether the bracelet is connected with a screw or a needle.
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. Yes. Rolex is highly profitable, generating billions in annual revenue, but its profits flow to the Hans Wilsdorf Foundation instead of shareholders. Why does Rolex donate 90% of profits?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.Rolex, Cartier, Omega, and Patek Philippe alone make up over 50% of total Swiss watch industry sales.
Is Patek 5711 discontinued?
The Patek Philippe Nautilus 5711 is no longer in production. The legendary Gerald Genta-designed luxury sports watch was discontinued following an announcement made by Patek Philippe officials in 2021. 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.
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 5711 Price and Investment Value A steel 5711/1A can trade for well over $100,000, while precious metal versions command even higher figures.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.