Is 5711 Patek discontinued?

Is 5711 Patek discontinued?

Patek Philippe’s Most Coveted Watch Was Discontinued. The Patek Philippe Nautilus 5711 is dead, long live the 5711. While news broke earlier this year that Patek would discontinue its most desirable model, arguably the most coveted watch in the world, the brand is already pushing its replacement out to center stage.

How many Patek Philippe 5711 are made?

170 pieces
— Patek Philippe.” There will only be 170 pieces made, and as the truly final 5711, it’s sure to go down in Patek Philippe history. “Tiffany & Co. is honoured to partner with Patek Phillipe on this special timepiece to mark 170 years together,” said chief executive Alexandre Arnault in a statement.

What is the retail price of Patek 5711?

The watch, auctioned off by Phillips in association with Bacs & Russo in New York, was the first of 170 limited edition Nautilus Ref. 5711′s that will be made and sold at certain Tiffany boutiques. The watch will officially retail for around $52,000.

Why do Pateks cost so much?

The manufacturer only uses stainless steel for a small selection of watches. The way Patek Philippe watches are created means their production takes longer, resulting in lower inventories than most other luxury brands. This makes Patek Philippe watches highly exclusive and, thus, expensive.

How do I know if my Patek is real?

A real Patek Philippe watch will feature a crown that is etched to perfection. The detail will be something that you want to check closely using a magnifying glass. If the design is somewhat mottled or if there is no detail on the crown, rest assured that the watch is not the real thing.

Does Patek replace Nautilus?

Patek Philippe’s new Nautilus replaces the most coveted watch in the world. Patek Philippe recently discontinued its hotter-than-hell blue-black dial Nautilus 5711. At Watches And Wonders 2021, we meet its replacement, the olive ref 5711/1A-014.

How long is Richard Mille waiting list?

There is a two-month wait list at boutiques to get new model watches from Richard Mille. If you want to get their newest watch today, expect to pay $5,000 to $10,000 over that price from someone who bought the watch just to market it up and resell it.

What makes the Patek Philippe Ref 5711/1a so special?

But there’s much more to this watch than an important back story. The Patek Philippe Ref 5711/1A debuted in 2006 to mark the 30th anniversary of the Nautilus. It was an instant hit with collectors and as you can see, has continued on an upward trajectory ever since. The distinctive porthole-shaped 40mm case is larger than the original (+1mm).

Is the Patek Philippe Nautilus a good watch?

In my opinion, the Nautilus is a perfectly made, modern sports watch for guys who are equally unlikely to wear their watch into the water today as they were in the past. Patek Philippe has maintained the same Nautilus archetype, while continuing to make it a more efficient and reliable timekeeper.

Is Patek Philippe still relevant in the 21st century?

Patek Philippe has maintained the same Nautilus archetype, while continuing to make it a more efficient and reliable timekeeper. In a way, there is no real 21st century Nautilus, and I’m not sure there ever will be. Despite much of its former creative glory, Patek Philippe today is an extremely conservative brand.

How many Patek Philippe watches are made each year?

Patek Philippe’s precise annual production numbers are a guarded secret. Estimates put them at around 50,000 watches. Of that, about 75% have mechanical movements (the remaining 25% are quartz). Production is spread over some 246 different models.