Why was 5711 discontinued?
Patek philippe made a strategic decision to discontinue the 5711 to protect the brand’s long-term identity and exclusivity. Patek’s president, thierry stern, was concerned that the watch’s runaway success was starting to overshadow the brand’s reputation for creating a wide range of high-complication timepieces. A-010. The patek philippe grandmaster chime ref. A-010 is arguably the most difficult patek philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made.Patek Philippe produces 60,000 watches annually. They could easily make 300,000.Patek Philippe Nautilus 5711/1A-018 is one of the most sought-after modern luxury watches ever made. Limited to just 170 pieces, this exclusive collaboration between Patek Philippe and Tiffany & Co.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.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.
What is the successor to 5711?
The 5711 now has a successor available exclusively in gold and with several updates: meet the new Patek Philippe Nautilus 5811/1G-001. 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.Patek Philippe Nautilus Reference 5711/1A-010 One of the most iconic and desirable Nautilus models, the Reference 5711/1A-010 features a sleek stainless steel case and an instantly recognizable blue dial. Its timeless design and versatility have made it a top choice among collectors.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.
How many Patek 5711 are made?
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. 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.