The standard stainless steel Nautilus watch by Patek Philippe, therefore, is an excellent investment timepiece.
Why Patek Philippe Nautilus is so expensive?
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.May 27, 2021
How much does a Nautilus cost?
From $42,500
How hard is it to buy a Patek Philippe Nautilus?
Although it is difficult is it to get a Patek Philippe 5711, we can still appreciate its value from afar. The Patek Philippe Nautilus self-winding 5711 in steel is in such high demand that, some experts are saying it might take 10 years to get your hands on this fantastic timepiece.
How long is Patek Philippe Nautilus waiting list?
5711/1A-010 in 2021 even though there's a waiting list of between eight years and the-day- you-get-to-see-your-great-grandkids.Apr 13, 2021
Is 5711 Patek discontinued?
Earlier this year, collectors were crushed when Thierry Stern, President of Patek Philippe, announced that the company was discontinuing its most sought-after watch: the Nautilus Ref. 5711.Dec 6, 2021
When did Patek discontinue 5711?
2021
What is replacing the 5711?
Patek Philippe 2021: Meet the new Nautilus replacing your beloved Ref 5711.Apr 9, 2021
Why did Patek discontinue the Nautilus?
Accordingly, Patek Philippe decided to shut down production of the Nautilus because it knew the steel watch's popularity was a bubble, and that by feeding its growth, the company would just be contributing to the damage caused by an eventual burst.Feb 20, 2021
Why is the Patek Nautilus so popular?
First, because it went head to head with the quartz watches of the time; and second, because it was a Patek Philippe in steel. Prior to its release, Patek only made watches from precious metals. Moreover, selling the Nautilus at a premium has always been part of Patek Philippe's strategy.Jan 8, 2021