Has the Patek 5711 been discontinued?

Has the Patek 5711 been 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.

What is the retail price of a Patek Philippe 5711?

For context, recommended retail in the US of a Patek Philippe Nautilus Ref 5711/1A with navy blue dial was USD 30,620. The average price on the secondary market up until recently was USD 85,000+.

How many Patek Philippe 5711 are made?

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.

What is replacing the 5711?

Speculation has been rife that the 5711 will be replaced in the Patek Philippe core collection with two new Nautilus references this year: 6711/1T with a 41mm titanium case and bracelet with a blue sunburst dial — all-but identical to the 5711 to the naked eye — and 6711/1P, the same specs but made in platinum with a …

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.

Is Nautilus discontinued?

It was a bittersweet moment: the recent launch of an olive green version of Patek Philippe’s stainless steel Nautilus watch simultaneously marked the discontinuation of the legendary timepiece, which boasts one of the most intriguing success stories in the world of luxury watches.

Is Patek discontinuing the Nautilus?

Recently, news broke that Patek Philippe would be discontinuing their much-beloved Nautilus 5711/1A-010.