How much is Patek Philippe 5711 Tiffany and Co?
The retail price was set at US$52,635. The last 5711 ever, sold at Phillips, went for an astounding US$6,500,000 after buyer’s premium. In the weeks after, we saw mega-collectors and celebrities such as Jay-Z, LeBron James and Leonardo DiCaprio wearing Tiffany 5711s. The steel 5711/1A last retailed at about US $34,900 before production ended, but high demand now puts clean, full‑set examples on the secondary market at $125 k – $160 k, with rarer dial variants (e. Tiffany blue) trading far higher.
What is the resale value of a Patek 5711?
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. 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 reason for that is the high demand for the Patek Philippe 5711 in particular, having surpassed supply in recent years that neither Patek Philippe nor any of its retailers will simply sell one. It is estimated, that it could take up to 8 years to get this particular model if you can get on the waiting list.
Is the Patek Philippe Tiffany a good investment?
The Patek Philippe 5711 Tiffany Blue is a modern icon, and its legacy is secure. It’s a watch that will continue to be sought after by collectors for years to come. Its value is likely to remain high, possibly even increasing over time. The crown jewel of the assortment was a Patek Philippe Grandmaster Chime 6300, a rare piece rife with complications that had never come up for auction before. In early June, it sold for $5. Hess.