Patek Philippe Travel Watch: Last Trip Overview

Jay (Eire) · 2024-09-21T12:47:16Z

Jay (Eire) explores why he sold his Patek Philippe Nautilus 5711, delving into the impact of market speculation and public perception on luxury watch ownership.

Jay (Eire)

WPS member · Patek Philippe forum

40 replies8546 views1 photos

Jay (Eire) initiates a compelling discussion on the Patek Philippe Nautilus 5711, reflecting on the evolving perception of luxury watches. His personal account of selling a beloved timepiece due to its heightened public profile and market speculation offers a unique perspective on the intersection of personal enjoyment and external value. This article delves into the nuanced reasons behind his decision, inviting readers to consider how external factors can reshape our relationship with cherished objects.

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An old picture, the 5711 is long gone. I’ve mentioned this before but I sold it when it became unwearable and every Tom, Dick and Harry, in addition to the dog on the street, knew what it was and how much it resold for.

That ruined the watch for me.

Watch by Patek Philippe, nautilus, 5711

About the Patek Philippe Complications Ref. 5711

The Patek Philippe Complications reference 5711/1A is a specific configuration within the Complications model line. This particular reference is identified by its serial number 5914840, with a movement number 6084863.

The watch is presented in a stainless steel case, indicated by the "/1A" suffix. No specific details regarding the crystal material or movement architecture are provided.

This reference appeals to collectors seeking a Patek Philippe Complications model in stainless steel. Its specific serial and movement numbers are documented for identification purposes.

Specifications

Caliber: 26-330 S C

Case: Stainless steel

Diameter: 40mm

Dial: Blue, White

Water Resist.: 120m

Crystal: Sapphire

Key Points from the Discussion

The primary reason for selling the Patek Philippe Nautilus 5711 was not merely its recognizability, but the widespread public knowledge of its inflated market resale value, which far exceeded its retail price.
The sentiment of the Nautilus becoming a 'show-off' watch, similar to other hyped models like the AP Royal Oak and Aquanaut, diminishes the personal joy of ownership, especially in less secure environments.
A collector recounts purchasing a Patek Philippe 5711/1A in 2012 directly from an Authorized Dealer, highlighting a time before its significant public profile surge, and notes how the watch transformed from a source of satisfaction to a liability.
The author considered the 5711 'not worth' its retail price even at the time of purchase, despite its comfort, versatility, and the Patek 'halo,' indicating a long-standing awareness of its market dynamics.
The experience of wearing a Patek Philippe Nautilus or AP Royal Oak differed from a Rolex Daytona, even though Rolex was also widely recognized, due to the specific market speculation surrounding the former.
A collector shares an anecdote about feeling 'stupid' wearing a Daytona when ten other lawyers in court had the same watch, leading them to change it, but emphasizes that personal enjoyment should outweigh external opinions.
The decision to sell the 5711 was made after several months of deliberation, driven by discomfort with the attention it garnered and the belief that the hype would not subside, a prediction that proved accurate.
The author notes that both the Nautilus and Royal Oak Chrono were once 'walk-in and buy' watches, contrasting sharply with their later market status, and expresses a preference for integrated bracelet sports watches 'a little above the classic Rolex'.

The Discussion

orahu

Sep 21, 2024

Jay — some memorable posts this morning — this one must have been hard to part with.

Jay (Eire)

Sep 21, 2024

Haha, yes, looking at some old photos and reminiscing!

I did think long and hard, for several months, before parting with this. It was such a great watch on my wrist, svelte and comfortable and true to my preference style for watches (sporty). Alas, I didn’t like the attention and that stopped me wearing it. And I didn’t think that hype would pass, and I’ve been right on that so far (I sold it four years ago). Of course, my preference is always to “own them all” but that’s not realistic. So no regrets really.

ZSHSZ

Sep 21, 2024

My favorite 5711.

I would never sale it, and knowing the daily market value without research, it’s an added plus!

Jay (Eire)

Sep 21, 2024

Haha, that’s one way to think about it.

enjoythemusic

Sep 21, 2024

I remember when Nauts were $10,000 used, no one cared about them.

Some of us still don't, but agree the recent financial bubble showcased utter insanity. Now that they are only 30m Waterproof guaranteed by PP, Kid Stern in a way eliminated the reason Dad Stern created them.

Jay (Eire)

Sep 21, 2024

It’s a great watch on the wrist. I was smitten after trying a good friends 5712.

It was not “worth” the retail price even when I bought it. It was a little less than 3x a Submariner retail at the time. But it wasn’t ridiculous, and the Patek “halo” was something. Owning it I really enjoyed it, once of the most comfortable and easy to wear watches I’ve owned. And versatile, boardroom to beach no problem.