Why was 5711 discontinued?
The watch’s popularity was also its downfall. 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. 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 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. Certain models like the Patek Philippe Nautilus and Aquanaut have achieved legendary status among investors. For example, the Used Patek Philippe Nautilus, particularly references such as the 5711, saw resale prices soar to multiple times their retail value following discontinuation in 2021.Starting February 1, 2026, Patek Philippe U. S. Standard models: Up to 8% reduction. Nautilus and Aquanaut: 3.One of the reasons the Nautilus has become so sought after is due to its limited availability. Unlike many mass-produced luxury watches, Patek Philippe creates only a limited number of Nautilus models each year. As a result, the demand for this iconic timepiece far exceeds supply, driving up its value over time.
Is the 5711 discontinued?
Discontinued in 2021, making it one of the most valuable and sought-after modern patek philippe watches. A patek philippe watch can last anywhere from four to eight years, depending on the complexity of the movement of the watch. But as long as the watch is serviced and properly cared for, any luxury watch will last a lifetime. On 1stdibs, find vintage and modern patek philippe pieces.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 can last anywhere from four to eight years, depending on the complexity of the movement of the watch. But as long as the watch is serviced and properly cared for, any luxury watch will last a lifetime. On 1stDibs, find vintage and modern Patek Philippe pieces.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.