Bad news for those waiting on the 10-year waiting list: The second generation Patek Philippe Nautilus 5711 / 1A-010 has been discontinued.
Patek Philippe management announced that the Nautilus 5711-1A by Gérald Genta, one of the most desirable watches in the world and one of the most popular models of luxury steel sports watches with a blue dial, has removed it from the catalog despite the long-time waiting lists and the pressure of collectors and dealers. This attitude of company is not unusual; in 2018, they increased the price of steel Nautilus by 20 percent to reduce high demand. (This intimidation tactic did not work either, with customers ready to pay twice the value of the watch.)
Meanwhile, ten-years waiting list is not exaggerated; TV star and entrepreneur Kevin O’Leary, who is known to have a fortune out of $ 400 million, got teary-eyed when he acquired a Nautilus 5711-1A after 8 years.
Those who were most pleased with this decision were the second-hand Patek Philippe sellers, auction houses and Patek Philippe 5711 / 1A owners. Those who were upset were those who planned to buy a rare blue dial steel 5711 and authorized dealers. On the other hand, the rumor that Patek Philippe management is working on a new Nautilus design has not been confirmed yet, fortunately the gold case (5711 / 1R) version is still on sale.
On the other hand, the rumor that Patek Philippe management is working on a new Nautilus design has not been confirmed yet, fortunately the gold case (5711 / 1R) version is still on sale.
