How does the 5980 hold value?
The Nautilus Chronograph, particularly the 5980/1R, has consistently witnessed increasing demand, securing its value in the market. Its limited production adds to the rarity, making it a valuable asset for collectors. However, if you’re interested in acquiring a 5980 chronograph in the Nautilus’ flagship metal of stainless steel, you’ll have to hunt one down on the secondary market. The stainless-steel 5980 has been discontinued for almost a decade, since 2014.
Is 5980r discontinued?
The Patek Philippe Nautilus 5980/1R in this configuration was discontinued in 2024, making it even more exclusive and sought after among collectors. Prices for the Patek Philippe 5980 range from $105,000 to $768,000. The most popular variant is the Nautilus 5980/1AR-001 Rose Gold, adorned with a blue dial and a stainless steel bezel, priced at $129,000.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.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.Higher Price Range: Patek Philippe watches are generally more expensive than Rolex watches, primarily due to their intricate craftsmanship, complications, and limited production numbers.