The most desirable luxury sport watch

A Patek Philippe Nautilus Ref 5711/1A is the world’s most desirable steel luxury sports watch. The wait time from authorized retailers in the Geneve Switzerland is 7 years and Hong Kong I know not, but I think there is possibility that your son may get one under your name in the waiting list.

Price

Current Hong Kong SRP of Patek Ref 5711/1A -010 is HK$229,300 and 5711/1R-001 is HK$398,900.

In the Market, recommended retail in the HK of a Patek Philippe Nautilus Ref 5711/1A with navy blue dial is HK$525,000. That is two times the price of SRP! 

A Brief History

Celebrated watch designer Gérald Genta would be the man to design that era-defining watch, the Royal Oak Jumbo Ref 5042ST. Putting it all on the line, Audemars Piguet unveiled its steel watch at the 1972 Baselworld fair. In the process it created an entire new category; the steel luxury sports watch.

Several years later, Genta would do it all again. During an Interview, he described himself sitting at a restaurant during the Basel fair. He saw a group of Patek executives at another table and began sketching out a rough design. It would become the steel Patek Philippe Nautilus Ref 3700/1, launched in 1976. A bold move, it cost almost as much as a 18k gold Patek Philippe watch at the time.

The design was based on the shape of the porthole of a transatlantic liner. It featured a wide bezel and ‘ears’ at each side evoking the large hinges of the watertight windows. The case was made from nickel-chrome-molybdenum steel, an alloy considered the highest standard at the time. This alloy was used in the construction of tanks during World War II. It was capable of enduring extreme temperatures and pressure. It also had the added benefit of being relatively light compared to ‘regular’ steel.

Inside the Nautilus Ref 3700/1 was the calibre 28-255C. Considered one of the best ultra-thin automatic calibres of the time. Based on the Jaeger-LeCoultre calibre 920, it was finished in-house by Patek Philippe. This is the same base movement used in the Genta-designed Audemars Piguet Royal Oak. By collectors’ thought in today’s standards it seems strange to imgaine Patek Philippe using a third-party movement. In fact, Patek Philippe didn’t introduce its own perpetual calendar chronograph movement until 2011. Instead they used heavily modified Lemania-base movements!

The Patek Philippe Ref 5711/1A

The Patek Philippe Ref 5711/1A debuted in 2006 to mark the 30th anniversary of the Nautilus. It was an instant hit with collectors and as you can see, has continued on an upward trajectory ever since. The distinctive porthole-shaped 40mm case is slightly larger than the original (+1mm). It measures just 8.3mm thick. An octagonal-shaped bezel frames the horizontally embossed black blue or silvery white dial. Baton-shaped hour markers white gold is treated with luminescent coating.

From an aesthetic point of view, this is about as simple as a three-hander with date gets. The ultimate exercise in restraint. It looks all but identical to the original Nautilus Ref 3700/1. There is so little happening on the dial and yet it is so attractive.

On the reverse, a sapphire caseback reveals the manufacture Caliber 324 SC inside. This self-winding movement incorporates several of Patek Philippe’s innovations,  include the four-spoke Gyromax® balance wheel and its slotted poising weight, the Spiromax® balance- spring in Silinvar® that maintains the oscillations at a frequency of 28,800 BPS. Equipped with a Central rotor in 21K gold, the movement offers a maximum power reserve of 45 hours. The finishing is also above reproach. Côtes de Genève, circular graining, beveled steel parts and bridges. This movement is adorned with the Patek Philippe seal for good reason.

Factors on why Patek Nautilus is so hot!

Brand Value

Everyone recognizes a Rolex on the wrist. Only the well-groomed few will be able to spot a Patek Philippe from across the table. The general consensus is that it is the most prestigious luxury watch brand in the world. It signals the refinement and sophistication of its owner. At the same time, it’s also understated…

Look

If you don't like the watch design, you may not buy it, as a Nautilus, I think it is beautiful,

It is quite large enough to read, simple dial hand design, thin and the watches case comes with a matching bracelet polished beautifully.

Quality

The Patek Philippe name is intrinsically linked to quality. You know that experts have spent weeks or months constructing your watch. Every Patek Philippe watch ever made has a searchable ‘extract’ available at the Patek Philippe archives. Almost no other watch brand can offer that level of confidence. Patek may be the one one company that can always Repair your watch regardless of age! That is why Rolex cannot handle…Thus your Patek is theoretically perpetual lasting!

Scarcity

Patek Philippe’s precise annual production numbers are a commercial secret. Estimates put them at around 48,000 watches. Of that, about 75% have mechanical movements with rest in quartz. Production is spread over about 250 different models. By averaging it, that means that no single model is likely made in great quantities. As a result, there is a real sense of scarcity.

Versatility
This is a watch that can be worn anywhere for any occasion. Wear it with a suit and tie, dress it down with a polo, heck wear it with board shorts to the beach. The case is rated water resistant to 120m. It’s beloved by celebrities, sports stars, movie stars,  collectors, investor, and successful businessmen and women alike.

 Investment Value

You should buy a watch because you like it and enjoy wearing it. Not because it might go up in value. The reality is quite different. There are only two luxury watch brands that have displayed a consistent ability to maintain or even Increase their value: Rolex and Patek Philippe. That the Patek Philippe Nautilus Ref 5711/1A is trading at double its retail value on the secondary market. Likewise for the Rolex Daytona Ceramic White 116500LN. This may not be the primary reason most people buy but it is definitely a significant factor. 

Technical Specifications: Patek Philippe Nautilus Ref 5711/1A

• Case: Steel


• – 40 mm x 8.3mm


•  – screw-down crown


•  – sapphire-crystal caseback


• – waterproof to 120 metres.
  
  
  Dial: Available in black blue or silvery white


• – centre hour, minute and seconds hands


• – gold applied hour markers with luminescent coating.


• Movement: Calibre 324 S C


• – unidirectional self-winding


• – Gyromax® balance – Spiromax® balance spring


• – central rotor in 21K gold – power reserve: Min. 35 hours


•  – max. 45 hours


• – Patek Philippe Seal.


• Price:
   HK$229,300

May be we have to get one from Grey Market, he chance to get one with SRP is lean unless you are the first time and you are lawyer, Doctor, celebrity...

HK Snob