Is 5711 1A 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. 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 Long Is The Waiting List For A Patek Philippe Watch? 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.Patek Philippe takes the opposite approach with extreme exclusivity. Those 62,000 annual pieces aren’t just limited—they’re painstakingly crafted using traditional watchmaking techniques that can’t be rushed. Popular models like the Nautilus have multi-year waitlists that make Rolex waiting periods look reasonable.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.
What was the original retail price of Patek 5711?
In terms of pricing, it’s important to note that the watch initially retailed for $17,000 and its last known retail price was $33,710. With respect to its secondary market price, the Patek Philippe 5711/1A for the longest time traded at or below its retail price. 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. With modern upgrades like the larger white gold case and gradient blue dial, Patek Philippe has ensured this timepiece remains relevant in today’s luxury watch market.The prices for an unworn Patek Philippe Nautilus range from around 156,039. AED to 6,118,107. AED. The lower price segment is generally dominated by ladies’ watches with quartz calibers.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.Another likely reason for discontinuing this watch at the height of its fame is that its popularity wasn’t rubbing off well on the Patek Philippe brand. While the price was good and demand was great, the Nautilus 5711 was a relatively old watch. It was a basic steel watch with just a time and date functionality.
What is the resale value of a 5711?
Patek Philippe 5711 Retail Price vs. 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. Now it has settled around USD 89,404 – still three times its original price. Patek Philippe Nautilus 5711 Price and Investment Value A steel 5711/1A can trade for well over $100,000, while precious metal versions command even higher figures.Patek Philippe’s successor to the legendary 5711 — the Nautilus Ref. G in 18k white gold.