Price Guide · Updated Mar 18, 2026
Patek Philippe Nautilus 5711/1APrice Guide 2026
Discontinued in January 2021 and available only on the secondary market. Fair market value derived from 38 comparable sales and listings.
Market Summary
HoldFair Value
$135,177
Based on 38 comps
Ask Median
$135,177
Chrono24 listings
Sold Median
—
Auction results
30-Day Trend
—
Confidence: medium
What Does a Patek Philippe Nautilus 5711/1A Cost?
The Patek Philippe Nautilus reference 5711/1A-010 is, by most measures, the single most sought-after watch in the world. Designed by Gérald Genta and introduced in 1976, the Nautilus defined the luxury sports watch category. When Patek discontinued the steel 5711/1A in January 2021, secondary market prices surged to levels that few analysts anticipated.
Based on our analysis of 38 data points from live marketplace listings and verified auction results, the current LuxMetrix fair market value is $135,177.
Last Retail Price
$35,070
MSRP before discontinuation
Market Value
$135,177
LuxMetrix fair value
Premium
285%
Over last retail
Price History
The 5711/1A's price trajectory is among the most dramatic in modern horology. Retailing at $35,070 through 2020, secondary prices already exceeded $60,000 before the discontinuation announcement in January 2021. During the 2022 speculative peak, examples traded above $180,000 — a 5x multiple over retail. The subsequent correction was severe but has stabilized at levels that still reflect an extraordinary premium over what was once the retail price.
Data sources: Chrono24 marketplace listings, Phillips and Sotheby's auction results. Updated daily. See methodology
The Discontinuation Effect
Patek Philippe's decision to retire the 5711/1A was a watershed moment for the secondary watch market. The reference had already been trading at premiums of 100% or more above retail, but the finality of discontinuation triggered a repricing event that cascaded across the entire luxury watch sector.
Supply dynamics: Every 5711/1A in existence was already produced. There will be no new supply. As pieces enter long-term collections, available secondary market inventory will continue to contract. This structural scarcity is the primary driver of the sustained premium.
The replacement question: Patek introduced the Nautilus 5811/1G in white gold as a successor, priced at approximately $69,830. The higher retail price and precious metal case have not satisfied demand for the steel 5711/1A's unique combination of attainability (at retail) and design purity. The 5811 is a different watch serving a different buyer.
Data Sources
Buying Guide
Purchasing a Nautilus 5711/1A on the secondary market requires more diligence than most watches at this price point. The combination of high values and discontinued status creates risks that buyers must navigate carefully:
Dial Variants
The 5711/1A was produced with several dial colors over its lifetime: the classic blue-grey gradient (most common), olive green (final edition, 2021), and white. The olive green "final edition" commands a significant premium — often 30-50% above equivalent blue dials — due to its scarcity and symbolic significance.
Movement Service History
The Caliber 26-330 SC movement requires servicing every 5-7 years. At this price point, insist on recent service records or factor $2,000-3,000 for a Patek-authorized service. The movement's condition materially affects value and long-term reliability.
Bracelet Condition
The Nautilus bracelet is notoriously difficult to refinish properly. Scratches on the horizontally brushed surfaces are conspicuous. Over-polished examples where brushing has been flattened are worth less than pieces with honest wear. Inspect closely or request macro photographs.
Authentication
The 5711/1A's high value has made it a prime target for sophisticated counterfeits. Purchase only from established dealers or auction houses with authentication guarantees. Patek Philippe's Extract from the Archives ($350) provides factory verification of the case, movement, and original configuration.
Papers & Provenance
The Patek Philippe certificate of origin is essential at this price level. Its absence can discount the price by 10-15%. For the green dial final edition, matching serial numbers and confirmed 2021 delivery dates are particularly important for establishing provenance.
How the Nautilus Compares
The 5711/1A competes in the ultra-premium luxury sports watch segment. Here's how it stacks up against peers and commonly cross-shopped references:
| Model | Ref. | Fair Value | 30d Trend | Comps |
|---|---|---|---|---|
| Patek Philippe Nautilus 5711/1A | 5711/1A | $135,177 | — | 38 |
| Patek Philippe Aquanaut 5167A | 5167A | $83,030 | — | 37 |
| AP Royal Oak 15500ST | 15500ST | $43,887 | — | 52 |
| Rolex Daytona 116500LN | 116500LN | $31,477 | — | 102 |
All values updated daily. View the full index for all tracked watches.
Frequently Asked Questions
What is the current market price of a Patek Philippe Nautilus 5711/1A?
Based on our analysis of 38 comparable sales and listings, the LuxMetrix fair market value is $135,177 as of Mar 18, 2026. This blends auction sold prices (weighted 60%) with marketplace asking prices (weighted 40%).
Why is the Nautilus 5711/1A so expensive?
Three structural factors: (1) Patek Philippe discontinued the reference in 2021, permanently capping supply. (2) The Nautilus is the definitive luxury sports watch, designed by Gérald Genta in 1976, with unmatched brand cachet. (3) Patek's conservative production volumes meant that fewer 5711/1A units exist than demand would support, even before discontinuation.
Will the Nautilus 5711/1A price keep going up?
The 5711/1A has already corrected substantially from its 2022 peak. Future price direction depends on macroeconomic conditions, collector sentiment, and how quickly remaining inventory is absorbed into long-term collections. The structural supply constraint is real, but the watch market has shown it can overshoot in both directions. LuxMetrix provides data, not predictions.
What is the difference between the 5711/1A and the Aquanaut 5167A?
Both are Patek Philippe steel sports watches, but they serve different market segments. The Nautilus has a more formal, integrated-bracelet design while the Aquanaut uses a rubber strap and rounded octagonal case. The Aquanaut retailed at roughly half the Nautilus price and typically trades at a significant discount on the secondary market. Many collectors view the 5167A as a more accessible entry to Patek sport watches.
How does LuxMetrix calculate the Nautilus fair value?
We aggregate live asking prices from Chrono24 and verified sold prices from Phillips and Sotheby's auctions. After normalizing currencies, filtering outliers via IQR analysis, and scoring reference confidence, we compute a weighted blend: 60% auction sold median + 40% marketplace ask median. See our methodology page for details.
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