NEW – One step back, four steps forward. After having announced by surprise the withdrawal of the most sought after of its references, the Geneva house finally unveils four new variations.
Not so long ago, a symbolic earthquake shook the small watchmaking planet: to everyone’s surprise, Thierry Stern, at the head of the family house that is and remains Patek Philippe, announced the withdrawal from the market of the most desired of its references, the Nautilus 5711 with its steel case and blue dial. “I never understood why there is such a craze for the Nauti read “, he once confided. It must be said that between waiting lists and a global explosion of the second-hand luxury watch market, this model is sought out to the point of unreason by a new wave of amateurs, and speculators, given the rapid increase in its price. value.
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We could therefore see in the announcement of the withdrawal of this reference 5711 / 1A-010 a desire to keep control of its brand and its image, while fighting against a speculative phenomenon almost out of control, but yet highly profitable both in terms of image only in coast, including at auction. But as the blue-dial steel model leaves, Patek Philippe takes advantage of having joined the burst of announcements from the virtual edition of Watches & Wonders to unveil four new Nautilus. To believe that, to fight against speculation, there are indeed two methods: either stop everything, or produce more.
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It seems that the Geneva house has finally opted for the second solution, with this new Nautilus 5711 / 1A-014 with an olive green dial (€ 30,400). A color that we already remember having seen in the house with the Aquanaut 5168G. This new version of the cult timepiece once designed by Gerald Genta is also available with a bezel set with baguette diamonds (€ 82,400). Here we find the classic dimensions of the steel model (40 mm x 8 mm), water resistance to 120 meters, and still the same movement unveiled in 2019. This 2021 vintage olive dial edition not being announced as limited, we can bet that ‘it will help revive speculation around one of the most coveted watches around rather than calm it down. Is it reasonable to extinguish a fire by stirring it up?
In addition to these two steel versions with an Olive-finish dial, there is also a Nautilus Travel Time Chronograph reference 5990/1 in pink gold with blue “sun” dial (92,600 euros) and a new Nautilus Haute Joaillerie paved with diamonds. snow-set (€ 319,000).
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