Why was the 5711 discontinued?
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. SCARCITY. Closely held by the Stern family since 1932, Patek Philippe does not disclose its production numbers but reports say it produces 60,000 timepieces annually and around 140 models. The ref 5711/1A is just one of those.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.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.
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. 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.Patek Philippe Nautilus 5711 Price and Investment Value A steel 5711/1A can trade for well over $100,000, while precious metal versions command even higher figures. Its status as a discontinued icon makes the Patek 5711 a formidable investment asset.Patek Philippe’s Tiffany Blue Nautilus watch fetches $6. The first of the new limited edition Patek Philippe Tiffany & Co.
What are the variants of 5711?
Popular variants from this series include Nautilus 5711/1A-018 Tiffany Edition 170th Anniversary and Nautilus 5711/1300A-001 Stainless Steel. The Patek Philippe 5711 and the Patek Philippe 5712 both offer a date display and a calendar. The 5711 is available in white gold, whereas the 5712 is crafted in stainless steel. Limited to 170 Pieces While just about every single Patek Philippe collector will want to get their hands on this incredibly special model, production will be strictly limited to just 170 pieces and the watch will be exclusively available at Tiffany & Co. New York, Beverly Hills, and San Francisco.The Patek Philippe Nautilus 5711/1A-018 “Tiffany & Co” is released as a limited special edition. Only 170 pieces of the model will be produced, all of which will only be sold in the Tiffany boutiques in New York, Beverly Hills and San Francisco.