How much is a Patek Philippe 5711?
In 2021, when Patek Philippe discontinued its best-selling Ref. A-010 — the model with eight-year wait lists, for those who could get on the wait list at all — prices for the $33,000 stainless-steel wristwatch with a black-blue dial soared into six-figure territory on the secondary market. 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.As such, the Holy Trinity of Watches is made up of three ultra-high-end Swiss watch brands: Audemars Piguet, Vacheron Constantin, and Patek Philippe. All three of these prestigious brands boast very long histories, which not only demonstrate centuries-old experience, but also continued relevance in today’s market.Rolex, Patek Philippe, Audemars Piguet, and Richard Mille solidify dominance. 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.Final Thoughts. 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 key difference? Rolex watches are generally easier to buy and sell, while Patek Philippe pieces often require specialized dealers and longer transaction times.
What replaced the Patek 5711?
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. Patek Philippe, renowned for its intricate craftsmanship and precision, is prominent in Anant Ambani’s collection. Known for creating some of the most coveted and complex watches in the world, Patek Philippe timepieces are symbols of elegance and technical excellence.A-010. The patek philippe grandmaster chime ref. A-010 is arguably the most difficult patek philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made.A Patek Philippe 5970 Perpetual Chronograph is a watch Thierry Stern likes to wear. The watches in Patek’s case cover a remarkable range, from sporty three-handers to groundbreaking complications.Not Enough of Them in the Market The Patek Philippe 5711 is highly coveted due to its exclusivity. With limited availability in the market, Patek Philippe’s deliberate approach to crafting fewer timepieces underscores its commitment to exceptional craftsmanship, intricate mechanical design, and exclusivity.
What is the most sold Patek?
Patek Philippe Nautilus 5711/1A-010. It’s perhaps not too surprising that the top selling Patek Philippe reference on the site is the hypest of hype watches. The blue-dialed Nautilus ref. Patek Philippe, renowned for its intricate craftsmanship and precision, is prominent in Anant Ambani’s collection.
Is Patek 5711 discontinued?
In 2021, when Patek Philippe discontinued its best-selling Ref. A-010 — the model with eight-year wait lists, for those who could get on the wait list at all — prices for the $33,000 stainless-steel wristwatch with a black-blue dial soared into six-figure territory on the secondary market. Obviously, Pateks are more expensive, but that doesn’t necessarily make them “better” in the grand scheme of things. Patek has been making watches for 180 years, while Rolex has only been around for 110,” notes Bob’s Watches founder and renowned Rolex collector, Paul Altieri.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.In 2021, when Patek Philippe discontinued its best-selling Ref. A-010 — the model with eight-year wait lists, for those who could get on the wait list at all — prices for the $33,000 stainless-steel wristwatch with a black-blue dial soared into six-figure territory on the secondary market.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.Rolex watches are generally easier to buy and sell, while Patek Philippe pieces often require specialized dealers and longer transaction times. Both represent solid investment potential, but Rolex offers more flexibility.
Why is Patek 5711 so expensive?
Simply because they are pure handicraft and as said companion materials, together with the finishes and employee movement, make that the price is high, but they are some exceptional watches. With its clean lines, lightweight construction, and versatile rubber strap, it’s clear this watch was designed with everyday wear in mind. Yet, it doesn’t compromise on the luxurious touches we all love.
How long is the waiting list for a Patek 5711?
It is estimated, that it could take up to 8 years to get this particular model if you can get on the waiting list. The individuals selected that make it to the waiting list have to be interviewed and carefully vetted clients who withstand longstanding relationships with Patek Philippe. The waiting list for Patek Philippe is entirely dependent on the collection and the model you choose. For example, if you opt to buy a Patek Philippe Nautilus, you may find yourself on a waiting list of up to 8 years. However, for the Calatrava collection, you may be on a waiting list for around 1 year.Waiting Lists and Timeline Expectations The Patek Philippe Nautilus waiting list currently extends 5-8 years for most references, with some customers waiting up to a decade. However, these timeframes assume you’ve already achieved placement on the list, which itself requires meeting stringent dealer requirements.What Is The Average Wait Time For A Patek Philippe Grand Complications? The average wait time for the collection is around 5 to 8 years depending on your model.