The Green Patek Philippe Nautilus 5711 Is Reselling For 900% Over Retail
That’s the price of three blue dial 5711s.
We all know how crazy the prices have gotten for the blue dial Nautilus 5711-1A-010, seeing a 50 percent spike just a month after its discontinuation announcement, but this time around, it’s the green 5711-1A-014 that’s making headlines.
Introduced back in April, the $34,893 USD watch is reportedly selling on the secondary market for roughly $360,000 USD — over ten times its retail price. While the discontinued blue dial is still keeping steady near the $120,000 USD range (there are still plenty trading at that high price), the more scarce 5711-1A-014 has been listed on Chrono24 by a UAE seller for $361,787 USD while Jomashop has it listed in its “Summer Sale” for $363,600 USD.
It’s a given that with prices like this, many with the money will be opting for a precious metal or even a Tiffany & Co.-stamped Patek Philippe. True, there are only four listen on Chrono24 which would lead us to believe that there aren’t too many in the market, but at that price, you could buy three Nautilus 5711-1A-010. Which watch would you buy if you had $360,000 USD burning a hole in your pocket?
In other watch news, Seiko Presage seeks out Studio Ghibli’s Castle in The Sky.
