How many Tiffany 5711 are there?
Limited to 170 Pieces While just about every single Patek Philippe collector will want to get their hands on this incredibly special model, production will be strictly limited to just 170 pieces and the watch will be exclusively available at Tiffany & Co. The Most Expensive Watch of 2021: Patek Philippe x Tiffany Blue. After intense bidding, the first Tiffany – Blue x Patek Philippe Nautilus ref 5711 luxury watch was sold for over $6.Only 170 were produced, with one going straight to auction at Phillips where it commanded an impressive sales price of over $6. The rest of the pieces went on the wrists of Tiffany’s best clientele, such as Jay-Z and LeBron James. The Tiffany Blue 5711 – the truly final watch. But now it’s really gone.Patek Philippe watches don’t usually lose value. Many models increase in price over the years. Look at auctions—vintage Pateks routinely fetch six or even seven figures. That’s why collectors consider them not just luxury buys, but smart investments.For one thing, the premium stainless steel, sapphire glass and other materials used in the collaboration watch were costly, and the labor required to handcraft them was extensive. Patek Philippe also produced only 170 of the watches, so demand is much greater than the available supply.
How much is the cheapest patek?
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 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.