Patek Philippe has yet again kept watch enthusiasts on their toes with the release of a quartet of its highly-coveted Nautilus models.
During the first official day of the world’s largest digital watch fair, Watches & Wonders, the Swiss luxury brand introduced a new Nautilus Travel Time Chronograph with a blue sunburst encased in rose gold and a 35.2 mm, high-jewelry version with snow-set diamonds. But, the show-stopper is undoubtedly the Nautilus Ref. 5711/1A with its olive green dial—the first-ever Nautilus to receive an olive green dial treatment, which takes a break from the reference’s iconic blue dial. It’s available in two versions, with the other featuring diamonds in its case.
1. There’s a New Patek Philippe Nautilus and It’s in Green
The release of the new Patek Nautilus Ref. 5711/1A was quite a surprise, following the brand’s announcement that it will discontinue production for the reference this year. Nevertheless, the latest member of the iconic Gerald Genta-designed luxury sports watches that we all came to love for the last 15 years didn’t disappoint. It continues the prestige that the brand brings to the table.
Besides its metallic, sunburst olive green dial, the new model remains identical to its predecessors—a 40mm wide satin-brushed and polished stainless steel case and bracelet and a three-hand movement. Inside is an in-house caliber 26-330 S C automatic movement, which you can admit through the sapphire crystal caseback. It currently retails at $34,893.
Interestingly, the olive green Nautilus has a baguette-cut diamond-decorated version in a stainless steel case. It’s worth noting because, for the most part, the brand only releases diamond-decorated watches in gold or platinum. It offers a rather masculine way to sport diamonds, but for the price of almost $60,000 higher than the other version or $94,624.
The 5711/1A Nautilus was one of the most sought-after watches of all time. The waitlist for the watch has been well-documented that even VIPs hardly get them at retail. Fans from across the world thought they had lost their chance to get their hands on one without paying for the soaring prices in the secondhand market. But, the brand has given the market what it’s demanding, albeit probably for the last time. Check out the other new releases from Patek Philippe:
2. The Nautilus Travel Time Chronograph
The Travel Time Chronograph is among the most complicated Nautilus models. Today, it’s made available in a luxury 18K rose gold model that features the reference’s signature combination of satin-brushed and polished finishing, which looks particularly discernible in rose gold.
It sports a flyback chronograph, paired with a 60-minute counter at 6 o’clock and a date sundial at 12 o’clock. It also has the model’s Travel Time function which is a dual time zone display. Overall, the timepiece stands out with its harmonious, balanced composition. It runs on CH 28-5280 C FUS automatic chronograph movement and retails at a whopping $106,452.
3. High-Jewelry Nautilus
If the price of the new Travel Time Chronograph surprised you, it’s nothing compared to the high-jewelry Nautilus that retails at $366,667. Of course, like any other ornamented Patek Philippe Nautilus, the price of the new timepiece is justified by the diamonds set in its 35.2mm case, bezel, and bracelet. These diamonds are in different sizes and are apparently set to look like snowflakes, minimizing the amount of metal that shows.
It runs on automatic caliber 324 S and features a total of 2,553 Top Wesselton diamonds that weigh approximately 12.69 carats.
The success of the Patek Philippe Nautilus is largely due to the traditional comfort and classic look of the product. Originally designed by famed Swiss watch designer Gerald Fenta, the watch has become more of an investment than a mere luxury watch. Due to its high-level precision, the watch is limited in production—the cases alone take almost as long as the movement to manufacture. The reference is among the few luxury watches that almost consistently command above retail price in the secondhand market. In some cases, even way above that. Entry-level models, for instance, retails at $19,000 and usually costs twice as much secondhand.
A Patek Philippe Nautilus for You
You may be confused with the roller coaster news of the availability of the 5711. If you’re looking to purchase one, the aftermarket can be a minefield. The safest way to get one is to purchase directly from a Patek Philippe authorized dealer.
Whatever your case, you can rest assured that Patek Philippe’s understated elegance boasts a long history of craftsmanship and heritage that makes it a worthy investment. Nevertheless, if you’re eyeing a new Patek with your mind on its future investment potential, careful research remains necessary. There’s a wealth of information out there and studying what each timepiece has to offer will be time well spent.
What are your thoughts about the latest Patek Philippe Nautilus releases? Let us know by leaving a comment below.