Is the Patek 5711 a good investment?
Reason 3: The Patek Philippe Is a Good Investment A modern version of the legendary – and now discontinued – ref. 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.Ref: 5711/113P-001. Market Price (Approx): 12. Cr ($1,445,000) The Patek Philippe Nautilus 5711/113P-001 features a 40mm platinum case, bezel set with 32 baguette-cut emeralds, and a black dial with emerald hour markers.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 Nautilus 5811/1G The original Patek Philippe 5711 was a phenomenal success, resulting in a limited edition of the model with sought after “Tiffany” blue dial. This was sold for $6. Tiffany & Co in New York.
Why is the Patek 5711 so popular?
The Patek 5711 is a standout in luxury watches. Its unique, sporty design and superior craftsmanship make it a favorite among watch enthusiasts. The Nautilus 5711 is versatile, fitting both casual and formal styles. Its strong yet refined construction and precise movement set it apart. Why did Patek Discontinue the Nautilus 5711? So why did the Patek Philippe Nautilus 5711 get the ax despite doing so well? Patek’s president Thierry Stern, the decision to stop making this watch was because it was soaking in too much attention. One could say that the Nautilus 5711 became a victim of its own success.The Patek 5711 is a standout in luxury watches. Its unique, sporty design and superior craftsmanship make it a favorite among watch enthusiasts. The Nautilus 5711 is versatile, fitting both casual and formal styles. Its strong yet refined construction and precise movement set it apart.Patek Philippe watches, such as the Nautilus or Grand Complications, often appreciate in value significantly, owing to their rarity and complex craftsmanship. Rolex models like the Submariner or Daytona are prized for their robustness and universal brand recognition, ensuring strong resale value.If you own a Patek Philippe Nautilus Ref. A-010, mark your calendars! Today the Swiss watchmaker confirmed that after a 10-year-long production run, the model has been discontinued. That means that anyone who got their hands on one can bet that its value will instantly skyrocket in the secondary market.