How much is 5711 1A?
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. The green dial variant (5711/1A-014) launched at USD 34,893 in April 2021 and now sells for about USD 267,016. 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.
How much is a Patek Philippe Nautilus 5711 worth?
Patek Philippe Nautilus 5711 Price and Investment Value A steel 5711/1A can trade for well over $100,000, while precious metal versions command even higher figures. From its debut until its discontinuation in 2021, Patek Philippe introduced numerous iterations of the 5711, exploring precious metals, diverse dial hues, mechanical innovations, and more.
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. If you want to buy a Patek Philippe Nautilus, Chrono24 is the ideal platform: Here you can benefit from a large selection of current models and coveted vintage watches. The user-friendly and secure purchasing process ensures a great buying experience, while the escrow service guarantees secure payment.
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. A pre-owned Patek watch can command a premium price if it’s in excellent condition with original documentation. Over time, rare models appreciate significantly. For instance, vintage Nautilus models have seen immense growth in value, making them some of the best investment watches available.The exclusivity of Patek Philippe watches, underscored by its limited production of around 50,000 watches annually, combined with the use of high-quality materials, exceptional craftsmanship, and the brand’s high market demand, significantly increases their value and desirability.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.Patek Philippe: Exclusivity and Scarcity As of 2022, Patek Philippe produces approximately 62,000 watches per year, a slight increase from 58,000 in 2017. This limited production is a deliberate strategy to maintain the brand’s reputation and ensure its timepieces retain their value.
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.
How much is a used patek Nautilus?
For buyers interested in vintage Nautilus watches, you may find models from the 80s or 90s for an average price of about $65,000. However, some more sought-after pre-owned Patek Philippe watches, like the extremely rare Nautilus 3700 or 3711, tend to cost even higher (between $147,000 and $293,000). The absolute floor price for a Patek Philippe is typically found in the vintage quartz-powered ladies’ collection, which can be acquired on the secondary market for as low as $12,000 to $15,000. For a men’s mechanical watch, the floor is around $18,000 for specific vintage Calatrava models.What is the cheapest Patek Philippe watch? The models in the Twenty~4 series are among the most affordable watches in Patek Philippe’s current range. The stainless steel reference 4910/1200A-001, which is equipped with a quartz movement, costs around 18,535. USD in unworn condition on Chrono24.Higher Price Range: Patek Philippe watches are generally more expensive than Rolex watches, primarily due to their intricate craftsmanship, complications, and limited production numbers.