How long is the wait for the Patek Philippe Nautilus 5711?
The waiting time for the Patek Philippe Nautilus 5711 was a minimum of ten years. Can you imagine waiting for a watch you want to wear for a decade? A lot can happen in a decade. But that is how frantic luxury watch connoisseurs are about their beloved timepieces. 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.Patek Philippe: Exclusivity and Scarcity The brand maintains a low production volume to ensure scarcity and prestige. As of 2022, Patek Philippe produces approximately 62,000 watches per year, a slight increase from 58,000 in 2017.COMPARE PRICES Is it worth it to buy a Patek Philippe? You may find that spending 5-figures on an Omega watch will get you more features than if you spent that same amount on a Patek but you won’t get the prestige of the more expensive brand, nor will you get the longevity in the resale value.The dominance of the “Big Four” luxury watch brands—Rolex, Patek Philippe, Audemars Piguet, and Richard Mille—strengthened, gaining +203 basis points and securing an impressive combined 43.
What is the resale value of a Nautilus Patek?
In general, the price range for a Patek Philippe Nautilus typically falls between US$35,000 and over US$100,000, determined by the specific features, rarity, and materials utilized in its construction. Before its discontinuation, the retail price for the stainless steel Patek Philippe Nautilus 5711/1A was approximately $30,000 to $35,000.