What is the resale value of a 5711?
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. 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.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.Reason 3: The Patek Philippe Is a Good Investment A modern version of the legendary – and now discontinued – ref.INTERNATIONAL – A Patek Philippe timepiece sold for $31 million (about R459. Christie’s in Geneva.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 wait for a Patek Philippe?
While you may be hyper fixated on your next Patek Philippe timepiece, there is one issue that does plague every single timepiece from the brand. Due to the impeccable precision, effortless design and the iconic nature of each collection, you must be prepared for a waitlist that comes with a minimum of 8 years. To guarantee continued accuracy and waterproofness, Rolex recommends that you periodically return your watch to an Official Rolex Jeweler or Service Centre for professional servicing. It is recommended to service your Rolex approximately every 10 years depending on the model and real-life usage.Oyster Perpetual Lineup: The Purest Entry-Level Rolex. The Oyster Perpetual embodies everything in Rolex’s design, with roots going back to the original waterproof Oyster case from 1926. This watch stands as Rolex’s most available model and shows off the brand’s core design without extra complications.Estimated Rolex Waitlist Times for 2025 This iconic watch has one of the longest waitlists, especially for the stainless steel models. Rolex Submariner: 1 to 3 years. Rolex GMT Master II: 1 to 3 years. Models with bezels like Pepsi and Batman are highly sought after.Rolex watches continue to have a reputation as status symbols. The company produces more than 1,000,000 timepieces each year.
What replaced the Patek 5711?
The New Patek Philippe Nautilus 5811/1G Replaces The 5711. PATEK PHILIPPE Nautilus 5711 Green Auto Watch. PKR 59,500.Discontinued Patek Philippe Grand Complications Watches. Four different Grand Complications watches were discontinued by Patek Philippe in 2025, including two Minute Repeater Perpetual Calendar models, a split-seconds chronograph, and an alarm-equipped Travel Time watch crafted from platinum.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.
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 Trinity or ‘big three’ is a nickname given to the most luxurious watchmaking brands in the world. At the top of their game, the three watchmaking companies are Audemars Piguet, Vacheron Constantin and Patek Philippe.The “big four” private watch brands—Rolex, Patek Philippe, Audemars Piguet, and Richard Mille—all gained market share in 2023, while several conglomerate-owned brands lost ground, according to Morgan Stanley’s seventh annual “Swiss Watcher” report, compiled in conjunction with LuxeConsult.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.Since 1932, the company has been owned by the Stern family in Switzerland and remains the last family-owned independent watch manufacturer in Geneva. Patek Philippe is one of the oldest watch manufacturers in the world with an uninterrupted watchmaking history since its founding.As such, the Holy Trinity of Watches is made up of three ultra-high-end Swiss watch brands: Audemars Piguet, Vacheron Constantin, and Patek Philippe. All three of these prestigious brands boast very long histories, which not only demonstrate centuries-old experience, but also continued relevance in today’s market.