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. 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.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.
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. How Long Is the Wait for a Patek Philippe? Waiting times vary dramatically by model and market demand: Nautilus 5711/1A (pre-owned) – Discontinued (resale only) Nautilus 5990/1A – 5-7 years.
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. Why did Patek Discontinue the Nautilus 5711? 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.
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.