How much is the Tiffany Patek Nautilus?
The Tiffany-Blue Patek Philippe Nautilus 5711 Sells For Over $6. Million At Phillips New York – LuxuryWatches Stockholm. The prices for an unworn Patek Philippe Nautilus range from around 41,755. USD to 1,680,998. USD.Price & Availability of the Patek Philippe Nautilus 5711/1A-018 “Tiffany & Co” The Patek Philippe Nautilus 5711/1A-018 “Tiffany & Co” is released as a limited special edition.
Why is the Tiffany Patek so expensive?
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. Rolex, Cartier, Omega, and Patek Philippe alone make up over 50% of total Swiss watch industry sales.FAQs about Patek Philippe Nautilus Patek Philippe makes around 60,000 watches each year (in comparison, Rolex produces around 1 million annually).Yes. Rolex is highly profitable, generating billions in annual revenue, but its profits flow to the Hans Wilsdorf Foundation instead of shareholders. Why does Rolex donate 90% of profits?Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget.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 much is a Tiffany Nautilus worth?
Featuring a striking Tiffany Blue dial, this stainless steel Nautilus instantly became an icon. With an original retail price of $52,635, its value skyrocketed at auction—one piece sold for $6. Phillips, with all proceeds going to charity. 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.