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In August 2017, a Nautilus 5711/1A-010 with the iconic dark blue dial could be . A Patek Philippe watch even holds the record as “the most expensive watch . A shocking price for a new version of the ref. 5711 steel sport watch. Update, .
Like their designs, which have remained unchanged over the years, Patek . But why is the Patek Philippe Nautilus so expensive; like, three to four times its . The Nautilus reference 3700/1 cost ,100 in 1976 — roughly ,300 today. . Although in the early 70s, alongside many watch companies, Patek tried to keep .
patek nautilus retail price
And just this year, Patek Philippe introduced at Baselworld the first perpetual . The Patek Philippe Nautilus has always been an expensive watch. But with that hefty price tag comes an impressive watch with outstanding craftsmanship and the prestigious brand name of one of the world’s most . These six seven key factors help explain why the Patek Philippe Nautilus Ref 5711/1A is so valuable. Whether you agree or not is a matter of personal opinion and taste.
In August 2017, a Nautilus 5711/1A-010 with the iconic dark blue dial could be purchased on Chrono24 for less than around ,000. The Nautilus is also for women watch enthusiasts. Prices have risen relentlessly since then. In August 2020, the average Nautilus price was already over ,000. A Patek Philippe watch even holds the record as “the most expensive watch ever sold” at an auction. A jaw-dropping price of .98 million (23,237,000 CHF) was reached for the Patek Philippe Henry Graves Supercomplication pocket watch.
A shocking price for a new version of the ref. 5711 steel sport watch. Update, Dec. 13, 2021: Over the weekend, one example of the newly announced Patek Philippe Nautilus 5711 Tiffany Blue watch sold at a Phillips auction in New York for .5M. Like their designs, which have remained unchanged over the years, Patek Philippe Nautilus watches all have one thing in common – they are all expensive. The most coveted of all is the ref. 5711 with a blue dial, which, before its discontinuation was selling for . But why is the Patek Philippe Nautilus so expensive; like, three to four times its already hefty price tag, expensive? Even if the market for the Nautilus has cooled down since its peak insanity, it’s still a supremely pricey timepiece. The Nautilus reference 3700/1 cost ,100 in 1976 — roughly ,300 today. Now, that might not seem absurd in today’s, ahem, wildly absurd watch market. But imagine the sticker shock in the mid-70s, a time of rapid inflation and double-digit interest rates.
Although in the early 70s, alongside many watch companies, Patek tried to keep up with the extremely fast spreading quartz watches, Philippe Stern was convinced of the opposite with the Nautilus, insisting: “The Nautilus should remain a mechanical watch.” And just this year, Patek Philippe introduced at Baselworld the first perpetual calendar in the Nautilus collection (details here). Like the Nautilus itself, the tagline, “One of the world’s costliest watches is made of steel,” appears to have lost none of its currency. The Patek Philippe Nautilus has always been an expensive watch. But with that hefty price tag comes an impressive watch with outstanding craftsmanship and the prestigious brand name of one of the world’s most respected watch manufacturers.
These six seven key factors help explain why the Patek Philippe Nautilus Ref 5711/1A is so valuable. Whether you agree or not is a matter of personal opinion and taste. In August 2017, a Nautilus 5711/1A-010 with the iconic dark blue dial could be purchased on Chrono24 for less than around ,000. The Nautilus is also for women watch enthusiasts. Prices have risen relentlessly since then. In August 2020, the average Nautilus price was already over ,000. A Patek Philippe watch even holds the record as “the most expensive watch ever sold” at an auction. A jaw-dropping price of .98 million (23,237,000 CHF) was reached for the Patek Philippe Henry Graves Supercomplication pocket watch.
A shocking price for a new version of the ref. 5711 steel sport watch. Update, Dec. 13, 2021: Over the weekend, one example of the newly announced Patek Philippe Nautilus 5711 Tiffany Blue watch sold at a Phillips auction in New York for .5M. Like their designs, which have remained unchanged over the years, Patek Philippe Nautilus watches all have one thing in common – they are all expensive. The most coveted of all is the ref. 5711 with a blue dial, which, before its discontinuation was selling for . But why is the Patek Philippe Nautilus so expensive; like, three to four times its already hefty price tag, expensive? Even if the market for the Nautilus has cooled down since its peak insanity, it’s still a supremely pricey timepiece.
The Nautilus reference 3700/1 cost ,100 in 1976 — roughly ,300 today. Now, that might not seem absurd in today’s, ahem, wildly absurd watch market. But imagine the sticker shock in the mid-70s, a time of rapid inflation and double-digit interest rates. Although in the early 70s, alongside many watch companies, Patek tried to keep up with the extremely fast spreading quartz watches, Philippe Stern was convinced of the opposite with the Nautilus, insisting: “The Nautilus should remain a mechanical watch.” And just this year, Patek Philippe introduced at Baselworld the first perpetual calendar in the Nautilus collection (details here). Like the Nautilus itself, the tagline, “One of the world’s costliest watches is made of steel,” appears to have lost none of its currency.
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