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. Before its discontinuation, the retail price for the stainless steel patek philippe nautilus 5711/1a was approximately $30,000 to $35,000.Starting around US$35,000 for a stainless steel Nautilus 5711/1A-010, prices can go up to over US$100,000 for intricately designed models incorporating rare materials.
What replaced the Patek 5711?
Patek’s president Thierry Stern gave it the ax because he worried the model was soaking up too much attention. But on Tuesday, Patek announced a new watch meant to replace the 5711. Meet the 5811. Technically, that’s the 5811/1G, the G signifying that the watch is made out of white gold. 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. 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: The Top Luxury Watch Brand No surprises here, but the top luxury watch brand in the world, the king of kings, is Rolex — by far.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.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.