Patek Philippe Nautilus Market Interest: Discussion

Robert65 · 2021-10-13T20:06:05Z

Explore the Patek Philippe Nautilus market phenomenon. Robert65 and WatchProSite members discuss its value, collector interest, and future trends.

Robert65's insightful post from 2021 delves into the fervent collector interest surrounding the Patek Philippe Nautilus, questioning the sustainability of its soaring market value. His observations on the watch's enduring appeal and the 'dizzying' public pursuit of its variations provide a crucial historical snapshot for understanding the market dynamics of this iconic reference. This article explores the community's diverse perspectives on the Nautilus's trajectory, offering valuable context for both seasoned and new collectors.

Super lovely watch! Always appropriate, always clean, sporty and elegant. Outrageously comfortable, light and visually substantial. There's nothing wrong with the design and execution of this watch. The question I have is when will the widespread and very public (fanatical) interest and pursuit of the Nautilus (and it's many variations) slow down?

Best,

Robert

Even Germans love it

Can’t take a bad foto of it

Key Points from the Discussion

The price action for desirable vintage models, like the Nautilus, is driven by supply and demand, with scarcity playing a significant role. This dynamic can favor collectors looking to trade up to more complicated references.
While the Nautilus is an excellent standalone watch, many collectors with diverse collections might prefer a Patek Philippe grand complication like the Ref. 5970 or Ref. 5270 over any Nautilus model if it wasn't their only watch.
The current market allows for a direct trade of a Patek Philippe Nautilus Ref. 5712/1A-001 for a significant complication like a Ref. 5270G (1st series) or Ref. 5270R (2nd series 'chin' model), representing a substantial upgrade in horological complexity.
Patek Philippe's core identity is rooted in complications, not solely steel sports watches. If Nautilus prices continue their ascent and the reference is discontinued, even more complicated pieces could become viable 'trading up' options.
The excessive monetary supply from central banks is a primary driver of the inflated luxury watch market, suggesting that a normalization will only occur once this financial environment changes.
A collector shared an anecdote of purchasing a Ladies and Gents Two-Tone Nautilus pair in 1986 for $10,700, highlighting the dramatic increase in value and desirability over decades.

The Discussion

@lberti

Oct 13, 2021

Mine says hi and i love it

Robert65

Oct 13, 2021

Do you ever think about trading 'up' while the interest is so high in your 5712/1A-001? Like I mentioned in another post, the straight trade is somewhere between a 5270G (1st series) and 5270R (2nd series 'chin' model) which is a significant jump in complication and function. The sweeping/increasing public interest in the 5712/1A-001 is dizzying.

matto1

Oct 13, 2021

They may prefer ALS, lol.

MikiJ

Oct 13, 2021

Bought Ladies and Gents Two tone Nautilus in 1986. Now I can't afford them and I think they are timeless

Robert65

Oct 13, 2021

DDR protecting Patek shipment

Robert65

Oct 13, 2021

enjoy them in the best of health! Best, Robert

Patek Philippe Nautilus Market Interest: Discussion

Key Points from the Discussion

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