Is Patek 5711 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. 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.The absolute floor price for a Patek Philippe is typically found in the vintage quartz-powered ladies’ collection, which can be acquired on the secondary market for as low as $12,000 to $15,000. For a men’s mechanical watch, the floor is around $18,000 for specific vintage Calatrava models.patek philippe watches don’t usually lose value. Many models increase in price over the years. Look at auctions—vintage pateks routinely fetch six or even seven figures. That’s why collectors consider them not just luxury buys, but smart investments.The absolute floor price for a Patek Philippe is typically found in the vintage quartz-powered ladies’ collection, which can be acquired on the secondary market for as low as $12,000 to $15,000. For a men’s mechanical watch, the floor is around $18,000 for specific vintage Calatrava models.
How long is the waiting list for a Patek 5711?
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. Consider buying a pre-owned model. The upshot is that strolling into an authorized retailer and having the opportunity to buy any Patek you desire is exceedingly rare. The greatest concern is the new collector can’t walk into a store and buy a Patek Philippe,” Reardon says. There’s nothing available.Patek Philippe operates only three exclusive salons worldwide—in Geneva, London, and Paris. Outside of these salons, you can purchase a new Patek Philippe watch only from one of the 78 authorized dealers (ADs) in the United States.