How many Patek 5711 are made?
Farewell to the 5711: Patek Philippe bid farewell to the iconic 5711, culminating in the Tiffany Blue edition—a true collector’s item with only 170 pieces produced. In summary, the Patek Philippe Nautilus 5811/1G is more than just a successor to the beloved 5711—it’s a continuation of a legacy.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.
Is 5711 discontinued?
The Patek Philippe Nautilus 5711 is more than just a luxury watch – it’s a modern icon. So when Patek Philippe announced that this coveted model was being discontinued, the watch world was stunned. How could they stop making their most popular watch, one with years-long waiting lists and surging demand? The Rolex market isn’t what it was two years ago. Wait times are dropping, demand is stabilizing, and while Rolex watches are still hard to buy at retail, they’re not as impossible as they once were. By fall 2025, the frenzy has clearly cooled.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.Yes. Rolex is highly profitable, generating billions in annual revenue, but its profits flow to the Hans Wilsdorf Foundation instead of shareholders. Why does Rolex donate 90% of profits? Rolex has never disclosed an exact percentage.
What was the original retail price of Patek 5711?
In terms of pricing, it’s important to note that the watch initially retailed for $17,000 and its last known retail price was $33,710. With respect to its secondary market price, the Patek Philippe 5711/1A for the longest time traded at or below its retail price. His Top Three Most Expensive Pieces Richard Mille RM 26-01 Tourbillon Evil Eye: Known for its intricate design and limited production, this watch is valued at around $500,000. Audemars Piguet Royal Oak Perpetual Calendar in Blue Ceramic: This striking timepiece is valued at approximately $150,000.The most expensive watch ever sold was made by Patek Philippe for their 175th anniversary and was auctioned for charity. The winning bid for the Grandmaster Chime Ref. A-010 was an almost incomprehensible $31 million dollars.Discover Patek Philippe watches priced under $25,000 on Coveted. The most popular models include the Calatrava 5296G-001 in White Gold, which is priced at $24,000, the Calatrava 3919R in 18k Rose Gold for $13,000, and the Calatrava 5119J-001 in Yellow Gold available for $16,000.However, there are some important things to keep in mind when considering buying a Patek Philippe replica watch. Firstly, it is important to note that replica watches are illegal. They are considered to be counterfeit goods and are therefore subject to seizure by law enforcement.
How much is a 5711?
Following its discontinuation, market values surged far beyond the original Patek Philippe MSRP. A steel 5711/1A can trade for well over $100,000, while precious metal versions command even higher figures. Patek Philippe watches cost around $48,000 on average, though prices range from around $11,000 to $584,000 depending on the model. Patek Philippe’s most popular collection, the Complications, costs an average of $43,000. Other popular collections include the Calatrava, Nautilus, and Aquanaut.Patek Philippe 5711 Retail Price vs. The watch’s retail price started at CHF 27,000 (about USD 30,000). 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.