What is the price of Patek Philippe Nautilus 5711 113P 001 in India?
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. The Nautilus 5711/1300A & 5711/1R-001 At the 2021 British GQ Men of the Year Awards, Ed Sheeran made a bold statement by wearing the rare Patek Philippe Nautilus 5711/1300A. With a striking green dial and 32 baguette-cut diamonds on the bezel, the stainless-steel timepiece boasts a staggering value of $325,000.
How much is the cheapest patek?
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. 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.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 cost of a new entry-level Patek Philippe watch typically begins at approximately US$20,000 to US$25,000, while more intricate and exclusive models may exceed US$1 million in price.A-010. The Patek Philippe Grandmaster Chime Ref. A-010 is arguably the most difficult Patek Philippe watch to obtain. Released to celebrate the brand’s 175th anniversary, this timepiece features 20 complications, making it one of the most complex wristwatches ever made.
What replaced the Patek 5711?
Word began to circulate about a replacement for the immensely successful 5711, and it was near the end of 2022 that the successor was introduced: the Patek Philippe Nautilus 5811/1G. 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.Only 170 were produced, with one going straight to auction at Phillips where it commanded an impressive sales price of over $6. The rest of the pieces went on the wrists of Tiffany’s best clientele, such as Jay-Z and LeBron James. The Tiffany Blue 5711 – the truly final watch.Farewell to the 5711: Patek Philippe bid farewell to the iconic 5711, culminating in the Tiffany Blue edition—a true collector’s item with only 170 pieces produced.