How much is the original Patek Philippe Nautilus Tiffany?
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 Tiffany-Blue Patek Philippe Nautilus 5711 Sells For Over $6. Million At Phillips New York – LuxuryWatches Stockholm.
How many pieces are in the Patek 5711 Tiffany?
Patek Philippe announced the final release of its limited edition Nautilus Ref. Tiffany & Co. Monday 6th December 2021. The series is limited to 170 timepieces, each costing almost $53,000. 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.
How many Patek 5711 are made?
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. There are 170 Tiffany Pateks. Tiffany & Co. Patek Philippe released the limited edition watch in 2021.Limited to 170 pieces only, the patek philippe tiffany blue® nautilus reference 5711 was created to commemorate the 170th anniversary of the partnership between patek philippe and tiffany & co.
How many Tiffany 5711 are there?
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. New York, Beverly Hills, and San Francisco. Those who value traditional craftsmanship, exclusivity, and the allure of owning a piece of horological history may gravitate towards Patek Philippe. Meanwhile, those who appreciate innovation, durability, and the timeless appeal of an iconic design may find Rolex to be the perfect fit.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.As exclusive as ever, Patek Philippe’s annual production sits at around 60,000 units a year, a relatively small number considering Rolex is thought to make around a million. Think of Patek Philippe and what probably comes to mind is rather staid, traditional watchmaking.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.