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. The 5711 now has a successor available exclusively in gold and with several updates: meet the new patek philippe nautilus 5811/1g-001.
Is 5711 1A discontinued?
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. The final iteration of the Patek Philippe Nautilus 5711 was launched later in 2021 as a limited edition of 170 pieces to celebrate the 170th anniversary of the relationship between Tiffany & Co. Patek Philippe.
Is Nautilus 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. Patek Philippe made a strategic decision to discontinue the 5711 to protect the brand’s long-term identity and exclusivity. Patek’s president, Thierry Stern, was concerned that the watch’s runaway success was starting to overshadow the brand’s reputation for creating a wide range of high-complication timepieces.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.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.A Patek Philippe serial number is a unique identifier engraved on each watch, typically found on the case back. This serial number sets each watch apart and plays a critical role in confirming its authenticity, production date, and overall provenance.
Which Nautilus is the most sought after?
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. Nautilus “Tiffany blue”, reference 5711 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.