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.The price range for Patek Philippe watches is broad and extends from around 315,443 INR for well-preserved vintage watches to 630,886,780 INR or more for particularly elaborate masterpieces from the Grand Complications collection.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.The prices for an unworn Patek Philippe Nautilus range from around 153,454. AED to 6,195,113. AED. The lower price segment is generally dominated by ladies’ watches with quartz calibers.Which is the cheapest patek philippe nautilus? The most affordable variants of the patek philippe nautilus that you can buy on chrono24 are predominantly older ladies’ watch models such as the reference 4700/1. This quartz watch costs around 22,183 usd in good used condition.
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 production ensures that demand consistently outpaces supply, driving prices far above retail. Collectors also value the Nautilus for its timeless design and mechanical excellence. References like the 5711/1A in stainless steel and the newer 5811/1G in white gold have become benchmarks in the luxury watch world.
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.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.