First Nautilus 5811 Sale Tests Market Auctioning for $144,000 USD
More than double its retail price.
The market has been tested with the first documented auction of the 5711’s successor. Announced back in October, the new Patek Philippe Nautilus looks relatively the same as the 5711 but sees a small technical update, a new bracelet system, and an increase of 1mm. Most importantly, the watch is now made in white gold.
Far from the 10x the green-dialed version experienced earlier this year or even the millions the Tiffany Blue sells for at auction houses, the Patek Philippe Nautilus 5811 was sold for roughly $144,000 USD — more than double its $68,000 USD retail price. The “AAA” full set sale saw 70 bids and was sold on December 20.
In other watch news, Romain Gauthier unveils its first metal bracelet in titanium.
