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The Patek Philippe Nautilus has become the most coveted horological object of desire on the planet. Since the announcement of the discontinuation of the 5711/1A reference in January 2021, prices have literally exploded on the secondary market. In 2026, this steel sports watch — sold for 35,000€ in boutiques — trades between 80,000€ and 130,000€.
The story of a phenomenon. The Nautilus was designed by Gérald Genta in 1976 (the same designer as Audemars Piguet's Royal Oak). Long in the shadows, it became a status symbol in the 2010s, driven by social media and artificial scarcity. Patek Philippe produces approximately 65,000 watches per year for a global demand that exceeds 500,000 — scarcity is structural.
The most valued references. The 5711/1A (blue dial, steel bracelet): 80,000€ — 130,000€. The 5712/1A (blue dial, moon phases, power reserve): 65,000€ — 95,000€. The 5980/1A (chronograph): 70,000€ — 100,000€. The 7118/1A (ladies version, 35mm): 55,000€ — 80,000€. Rose gold or platinum versions reach six-figure prices.
Why prices don't drop. Three main reasons: Patek Philippe's limited production, the discontinuation of the 5711 (which creates definitive scarcity), and the symbolic status of the Nautilus in horological culture. Unlike other luxury watches, the Nautilus did not experience the 2023 correction — its prices remained stable because owners don't sell.
Should you sell now? If you own a Nautilus, you're sitting on an asset that has tripled in value. Prices seem stabilized at a high level. Selling now allows you to secure exceptional profit. On consignment at Hautane, you receive up to 85% of the final sale price — potentially more than 100,000€ for a 5711/1A in excellent condition.
The Aquanaut: the accessible Nautilus. If the Nautilus is out of reach, the Aquanaut 5167A is often considered the "everyday Nautilus." It trades between 32,000€ and 52,000€ — an excellent investment that benefits from the same Patek Philippe scarcity phenomenon.
The 5711/1A reference (blue dial, steel) trades between 80,000€ and 130,000€ in 2026, which is 2 to 3 times its retail price of 35,000€. Gold versions or those with complications exceed 100,000€.
Analysts estimate that Nautilus prices are stabilized at a high level. With the 5711 reference being discontinued, scarcity will only increase over time, which supports prices.