What is the current market value of a 5990?
The Patek Philippe 5990/1R price at retail is $122,670. The Patek Philippe 5990 has a retail price of around USD 68,600 for the stainless steel version and USD 118,280 for the rose gold model.What is the cheapest Patek Philippe watch? The models in the Twenty~4 series are among the most affordable watches in Patek Philippe’s current range. The stainless steel reference 4910/1200A-001, which is equipped with a quartz movement, costs around 18,107. USD in unworn condition on Chrono24.As of 2022, Patek Philippe produces approximately 62,000 watches per year, a slight increase from 58,000 in 2017. This limited production is a deliberate strategy to maintain the brand’s reputation and ensure its timepieces retain their value.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 does the Patek 5990 compare to other Pateks?
When comparing the Patek Philippe Nautilus 5990 to its Nautilus siblings, it’s impossible to ignore the functionality that sets it apart. The 5990 is the only Nautilus model with both a chronograph and dual-time function, making it highly practical, especially for those who travel frequently. The Nautilus 5711 was the “it” model in Patek Philippe’s catalogue from its debut in 2006 until 2021 when it was discontinued and replaced by the 5811. The Tiffany blue edition is undoubtedly the most desirable model, boasting the jeweller’s signature blue shade on the dial, as well as its name at 6 o’clock.