Why is the Tiffany Patek so expensive?
For one thing, the premium stainless steel, sapphire glass and other materials used in the collaboration watch were costly, and the labor required to handcraft them was extensive. Patek Philippe also produced only 170 of the watches, so demand is much greater than the available supply. 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.At Wrist Aficionado, we specialize in ultra-exclusive timepieces with retail or secondary market values exceeding $500,000, including limited-edition Richard Mille tourbillons, off-catalog Patek Philippes, gem-set Rolex Daytonas, and high complication Audemars Piguets.Not Enough of Them in the Market The Patek Philippe 5711 is highly coveted due to its exclusivity. With limited availability in the market, Patek Philippe’s deliberate approach to crafting fewer timepieces underscores its commitment to exceptional craftsmanship, intricate mechanical design, and exclusivity.Patek Philippe is committed to the preservation and endurance of your piece, but in order to fully appreciate a Patek Philippe watch, the owner must take consistent care and respect its mastery. Every three to five years, Patek Philippe recommend servicing your watch to maintain its quality in performance and beauty.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.
How much is the original Patek Tiffany?
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. The retail price for the 5711/1300A-001 was approximately $94,620 USD as of its release in 2021.
How many Tiffany Blue 5711 are there?
Patek Philippe Nautilus 5711/1A-018 is one of the most sought-after modern luxury watches ever made. Limited to just 170 pieces, this exclusive collaboration between Patek Philippe and Tiffany & Co. 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.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.In summary, the Patek Philippe Nautilus 5811/1G is more than just a successor to the beloved 5711—it’s a continuation of a legacy. With modern upgrades like the larger white gold case and gradient blue dial, Patek Philippe has ensured this timepiece remains relevant in today’s luxury watch market.The Tiffany & Co. Patek Philippe Nautilus 5711/1A-018 is one of the most sought-after modern luxury watches ever made. Limited to just 170 pieces, this exclusive collaboration between Patek Philippe and Tiffany & Co.