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. Patek philippe nautilus 5811/1g the original patek philippe 5711 was a phenomenal success, resulting in a limited edition of the model with sought after “tiffany” blue dial. This was sold for $6. Tiffany & co in new york.The 5711 now has a successor available exclusively in gold and with several updates: meet the new Patek Philippe Nautilus 5811/1G-001.
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. Nautilus & Investment Models The simple yet elegant design of this collection has seen many hold their value and appreciate over time. In economic fluctuations, the collection also tends to retain value due to its desirability. The models to consider are: 5711.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.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.
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 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.
How much is Patek Philippe 5711 1A 018 retail price?
The Nautilus 5711/1A-018 commands significant attention in the luxury watch market. As of 2023, the average listing price on Chrono24 is approximately $1,300,000, with prices ranging from $640,000 to $2,800,000. 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.The average Patek Philippe Nautilus price for newer models varies between $164,000 and $435,000 in the secondary market.