Before we get out of shock of news that blue-dial and steel version of Nautilus is discontinued, new Tiffany Blue® Patek Philippe Nautilus became the biggest watch news of the year.
Firstly up, a short summary: as all watch enthusiasts knows, last January, Patek Phillipe President Thierry Stern announced that the blue-dial steel Nautilus alias the 5711/1A-010 was discontinued. Of course, this announcement caused indignation and confusion for Patek Philippe lovers (including those who had been waiting for their turn about 8-10 years).
When comes to April 2021, the Watches and Wonders began and Nautilus Ref. 5711 /1A-014 with olive green dial announced instead of blue-dial version of Nautilus. While decisive statements of Patek Philippe President Thierry Stern that the 5711 will be removed from the production line in 2022 were disappointing, watch enthusiasts tried to get the green-dial version of Nautilus immediately. Which means, surprise gave way to joy.
However, it was not easy to find green-dial version of Nautilus because it was in great demand, on the one hand, blue-dial version Nautilus again much more value with production of green-dial version. Even a newly launched Nautilus with a retail price of $34,893, sealed inside plastic factory wrapping with a green dial was sold at an auction organized by Antiquorum, for 11 times its original price alias $376,000. Indeed, that’s not all the watch costs, when Antiquorum’s feeds, the price is estimated to rise to $470,000. However, green-dial version of Nautilus had introduced to balance the demand for blue-dialed Nautilus. (According to Thierry Stern, even his son was asking, “Can I have one?” But the answer was no.) Â
Even before arguments among the Stern family, collectors, second-hand watch web sites and auction houses blown over, it was clear that 2021 will be a very adventurous year for Nautilus with the press release on December 6. Because Patek Philippe (1839) and Tiffany & Co. (1837) is celebrating the 170th anniversary of their collaboration and therefore Patek Philippe announced a limited steel-case Nautilus (Ref. 5711/1A-018) with a Tiffany Blue® (patented Tiffany blue) dial. To celebrate the 170th anniversary of this collaboration, which Antoine Norbert de Patek and Charles Tiffany met in New York and signed in 1851, blue dial version of Nautilus introduced limited to 170 pieces. On the other hand, in 1876, the two companies had signed a new agreement that appointed Tiffany & Co. is general representative for the US, who safeguards of interests of Patek Philippe as if they were its own interests. Thus, Tiffany & Co. has been selling only Patek Philippe timepieces, except its own watches, since 1851.
