When we first released the limited edition Patek Philippe Nautilus 5711 with the Tiffany Blue dial, we mentioned that one of the 170 examples would be made available for public sale and auctioned off for charity, with 100% of the proceeds benefiting The Nature Conservancy. We knew the watch would sell for a lot of money, but the big question was how much it would actually sell for. Well, it went up for auction last Saturday, and the Tiffany Blue Nautilus 5711 sold for a staggering total of $6,503,000, making it the eighth-most expensive watch in auction history.
The official hammer price was $5,350,000, but with the buyer’s premium, the total price was $6,503,000. However, the important thing to remember here is that 100% of that went to charity – and that includes the buyer’s premium. While this may seem like an absolutely insane amount, the key thing to remember is that these replica luxury watches were only sold at Tiffany & Co. boutiques in New York, Beverly Hills, and San Francisco. As such, this is the only example available to international buyers, which almost certainly contributed to its impressive $6.5 million in sales.
The Patek Philippe Nautilus has become a mythical model in the world of watch collecting. Almost all models rank among the world’s most coveted luxury timepieces, but the classic stainless steel model 5711 represents the most elusive model at the retail level. At the beginning of the year, the exact replica Patek Philippe factory announced the discontinuation of the Nautilus 5711; however, there will be a “victory lap” for this fan-favorite model before it is retired next year. We thought the super-exclusive green dial variant announced at Watches & Wonders was Patek’s idea, but surprisingly – especially in Tiffany Blue – we have the last iteration of the PP ref. 5711, the limited-edition Patek Philippe Nautilus 5711 with a Tiffany Blue dial.
Arguably, there is no more well-known partnership between watchmaker and retailer than that between Tiffany & Co. and Patek Philippe. Various Patek Philippe replica watches with Tiffany & Co. co-branded dials often trade at premium prices, and the relationship between these two luxury brands dates back to 1851.
The new Tiffany Blue Patek Philippe Nautilus 5711 celebrates the 170th anniversary of this iconic manufacturer-retailer partnership, and if you thought the regular PP reference 5711 was hard to come by, this one is almost impossible.
About The High-end Copy Patek Philippe Nautilus 5711
First released in 2006, the reference 5711 is the standard time and date version of the fake Patek Philippe Nautilus. While it is one of the simplest in the entire Nautilus collection, it is the hardest to find at the retail level.
Swiss replica watch boutiques are virtually non-existent and will be discontinued next year, with prices for the stainless steel Nautilus 5711 watches regularly breaking the six-figure price point on the second-hand market. In addition, a very popular green dial version sold for nearly half a million dollars at an auction earlier this year. To say that the ref. 5711 is “hard to come by” is a gross understatement, and buyers are willing to pay an incredible premium to ensure they get one.
Top Nautilus 5711 Tiffany Blue Dial
Whatever the intent and purpose, the new Tiffany Blue Nautilus is simply a standard stainless steel Patek Philippe reference 5711 with a special dial and caseback. The display case bottom cover bears the inscription “170th Anniversary Tiffany & Co – Patek Philippe 1851 – 2021”, with the “2021” The “1” conceals a small LVMH logo to indicate that Tiffany & Co. is now the main part of the LVMH. With that in mind, any seasoned watch collector will tell you how important the dial is, and for this particular watch, the dial is pretty much everything.
Featuring Tiffany & Co.’s signature light blue shade and the Tiffany logo, the dial of the new model 5711 remains instantly recognizable as being from the Nautilus collection and even features the collection’s signature horizontal stripe pattern. However, this may just be the ultimate 1:1 Patek Philippe watch with a Tiffany dial, and it may well be a must-have for serious collectors.
Limited To 170 Pieces
While almost every Patek Philippe copy watches collector will want this extremely special model, the production of this watch will be strictly limited to 170 pieces and it will be available exclusively at Tiffany boutiques in New York, Beverly Hills, and San Francisco.
Although it has an official retail price of $52,635, you can almost guarantee that these watches will trade at a premium once they hit the open market. In fact, even Tiffany & Co. is betting that these watches will be worth much more than their retail price, as the company is partnering with Phillips to auction one of them off and donate 100 percent of the proceeds to The Nature Conservancy. The distribution of these super elusive watches will be determined by Tiffany & Co. but the only example to enter the auction block means there will be one that will be the highest bidder. Without the green dial version of the legendary Tiffany & Co. stamp selling for close to $1 million, this could be the most expensive Patek Philippe Nautilus 5711 clone watch ever made.