Sometimes, we have to admit that the appeal of certain brands can make fans so crazy and irrespective of the cost. At an auction in December 2021, The first of the new limited edition Patek Philippe Tiffany & Co. Nautilus watches sold at auction for $6.5 million — more than 120 times its retail price.
The watch, auctioned off by Phillips in association with Bacs & Russo in New York, was the first of 170 limited edition Nautilus Ref. 5711′s that will be made and sold at certain Tiffany boutiques. The watch will officially retail for around $52,000. Yet because demand far outstrips supply and it is the hottest new watch, wealthy collectors were willing to pay far more for the first to come up for sale.
Proceeds from the sale will go to the Nature Conservancy.
Launched in 2006, the Nautilus Ref. 5711 has become the king of stainless steel sports watches. But as its popularity threatened to overshadow other models in Patek’s stable, the company decided in January to discontinue the Ref. 5711, sending prices soaring online for preowned models.
Now let's go back to this Patek Philippe Nautilus, it is exactly the same as the other Patek Philippe Nautilus 5711, no date dials, simple and classic. The Tiffany blue dials are very eye-catching, when Patek Philippe Nautilus's classic case shape and Tiffany Combined with blue, no one cares if this watch has any complications, it will represent fashion and high-end, rarity and quality. This Patek Philippe Nautilus Tiffany blue is worn by celebrities like LeBron James, JAY-Z.
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