How much is the Tiffany 5711 watch?
Nautilus watches sold at auction on Saturday for $6. It was the first of 170 limited edition Nautilus Ref. Tiffany boutiques. It officially sells for around $52,000. The limited-edition Nautilus 5711, featuring Tiffany’s signature robin’s-egg blue dial, became a flashpoint in luxury retail, with customers spending millions on jewelry in hopes of securing one of only 170 coveted watches priced at $52,635.Only 170 Patek Philippe Tiffany Nautilus watches exist, and one went for $6. M at auction. Collector Zach Lu was lucky enough to secure his piece after the original buyer dropped out. The ultra-rare collab has also been spotted on the wrists of Jay-Z, Leonardo DiCaprio, and LeBron James.Mark Zuckerberg has an impressive watch collection, which he often shows off at public appearances. He’s worn luxury designs from Rolex, Patek Philippe, De Bethune, and more. One of his most expensive timepieces came from Greubel Forsey and was valued at $900,000.As of January 2024, the most expensive pocket watch ever sold at auction is the Patek Philippe Henry Graves Supercomplication, which sold for $24 million in 2014. In 2015, the Vacheron Constantin Ref. This pocket watch is the most complicated watch in the world, with 57 complications.
How much did the Tiffany Patek sell for?
The first of the limited edition Patek Philippe Tiffany was sold at an auction for $6. 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.Farewell to the 5711: Patek Philippe bid farewell to the iconic 5711, culminating in the Tiffany Blue edition—a true collector’s item with only 170 pieces produced.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.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.
How many Tiffany 5711 are there?
The limited-edition Nautilus 5711, featuring Tiffany’s signature robin’s-egg blue dial, became a flashpoint in luxury retail, with customers spending millions on jewellery in hopes of securing one of only 170 coveted watches priced at $52,635 (£39,476. 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.
Who owns a Patek Philippe?
The Stern Family. By passing down the helm from one generation to the next since 1932, the Stern Family has been the guardian of Patek Philippe values and know-how, while successfully ensuring the continuous development of the company and its timepieces. Patek Philippe’s successor to the legendary 5711 — the Nautilus Ref. G in 18k white gold.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.The answer is a mix of factors: unmatched craftsmanship, restricted production, historical renown, and cutting-edge technology. In this piece, we’ll explore the realm of Patek Philippe, examining the components that drive up their prices and ensure their lasting value.