Patek Nautilus 5711/A

[msport123]

Hi guys,

A friend of a friend has taken delivery of a brand new Patek 5711/A, blue dial. Genuine UK 2016 retailed watch. Receipts, papers, everything still sealed and in wrap as brand new.

For some reason he has decided he wants to sell the watch and I'm thinking of buying it. I must admit to not knowing much about Patek in general but having seen the watch I've fallen in love with it.

I'm trying to justify the purchase as an 'investment' which my friend tells me I won't lose (he's already a Patek owner).

Apparently the waiting time on this model is around 2 years? And they are very hard to come by? I have no idea if this is true.

The seller is selling at a small premium and I'm wondering if I should buy it. Price of the watch is 21k and I'm hoping to get some off it, but don't think it will be much. It's good chunk of cash to throw at a watch!

Any words of wisdom would be very much appreciated.

[msport123]

Thanks for the replies guys.

Is a two year wait realistic for this model? Also, what's the list price for this model? Not knowing the Patek world it feels like I'm a little out of touch with pricing and I'm relying on Google, which isn't very clear. I'll be ringing around on Monday!

I don't mind paying a small premium if the waiting lists are *that* long. How well do we think this model will keep its value?

Thanks again guys

[msport123]

freshkid said:

Very nice watch. Would love one myself...possibly the ultimate in understated style. However, that sounds pricey and I don't think they're particularly in short supply? Could be wrong on this particular model but feel like I've seen them in stock in London jewellers.

Any dealer in particular fresh kid? PM me if you prefer.

[msport123]

Thanks for the replies chaps. I had it in my head that retail was around 19/20k. I'll see what I can find out on Monday and then try my luck with the seller.