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Why is Nautilus being discontinued?

Why is Nautilus being discontinued?

Aside from the Nautilus 5711 being a gracefully aging product, Patek Philippe’s management had another good reason to halt production of this legend — in short, because it was creating an unstable bubble.

Is there a waiting list for Patek Philippe?

Little did we expect that Patek Philippe would drop an unnecessary bombshell at the start of January this year to announce that it will be retiring the Ref. 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.

Is Patek Philippe going out of business?

Patek Philippe To Cease Retail Watch Sales, Stores To Become “Value Salons” Geneva-based Patek Philippe — one of the world’s most respected and demanded luxury watchmakers — has just announced plans to cease retail watch sales, at least temporarily.

Why are Philippe Patek so expensive?

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.

Why is Philippe Patek so expensive?

Is Patek Philippe worth the money?

Is it worth it? In simple monetary terms, it stands to reason that anything with so much heritage, innovation, high-quality craftsmanship and exclusivity is going to be worth a great deal of money, and yes, it will hold its value for when your grateful child takes ownership.

When did the Patek Philippe Nautilus 5711 come out?

Patek unveiled the Nautilus 5711, available in steel and rose gold, in 2006 to celebrate the collection’s 30th anniversary. As a full stainless steel model with a time and date window, the Nautilus 5711/1A is the closest contemporary version of the original reference.

What is the shape of the Patek Philippe Nautilus?

With the rounded octagonal shape of its bezel, the ingenious porthole construction of its case, and its horizontally embossed dial, the Nautilus has epitomized the elegant sports watch since 1976. Forty years later, it comprises a splendid collection of models for men and women.

What kind of Dial does Patek Philippe 5711 / 1R have?

The steel 5711/1A comes with a choice of a blue dial or a white dial while the rose gold 5711/1R includes a chocolate brown dial, all complete with horizontal embossing.

How old is the Nautilus Sports Watch ref 5711?

The Nautilus sports watch line, which includes the Ref. 5711, has been produced without interruption for 43 years. But demand for that particular model has so surpassed supply in recent years that neither Patek Philippe nor any of its retailers will sell one just because a customer is waving cash around.