When did Patek stop making 5711?
At the beginning of 2021, Patek Philippe announced it would be stopping the production of the highly-coveted Patek Philippe Nautilus 5711. It was an unexpected and unusual decision, considering the Ref. Patek brand’s best-selling watches, with a long waitlist rumored to be up to 10 years long. Rolex is a clear number one brand that scores perfectly with all of the criteria applied. Born in the early twentieth century Rolex has devoted their now unparalleled manufacturing capability to creating high end watches of utmost quality and durability.Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget.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.Both brands represent exceptional quality in the luxury watch market. Patek Philippe wins for traditional craftsmanship and exclusivity, while Rolex excels in innovation, reliability, and accessibility. The “better” choice depends on your personal priorities, lifestyle, and budget.
Why is the Patek 5711 so popular?
One of the reasons the Patek 5711 is so popular is because it fits perfectly into any setting. Whether you’re dressing up for a formal event or going out for a casual day, this watch looks great. Its versatile design makes it a favorite among collectors and watch fans who want a timepiece that works for any occasion. The dominance of the “Big Four” luxury watch brands—Rolex, Patek Philippe, Audemars Piguet, and Richard Mille—strengthened, gaining +203 basis points and securing an impressive combined 43.Obviously, Pateks are more expensive, but that doesn’t necessarily make them “better” in the grand scheme of things. Patek has been making watches for 180 years, while Rolex has only been around for 110,” notes Bob’s Watches founder and renowned Rolex collector, Paul Altieri.