The New Tiffany-blue luxury watch will cost $53,000 by Patek Philippe Nautilus
Collectors of high-end watches have only a few days left to get their hands on this sought-after treasure.
Patek Philippe, the luxury watchmaker, said on Monday that its popular Nautilus Ref. 5711 watch would be released in a limited edition with Tiffany & Co.
In recognition of the 170-year relationship between the Swiss watchmaker and the American jeweller, a limited number of 170 clocks will be produced at a price of about $53,000 each.
It was in New York City in 1851 when Antoine Norbert de Patek and Charles Tiffany first met and formed their business relationship. 1854 was the year that Tiffany & Co. became the first American shop to carry Patek Philippe’s rare timepieces. When Tiffany was purchased by France’s luxury goods conglomerate LVMH for $15.8 billion in January 2021, the deal was still intact.
The Nautilus Ref. 5711, first debuted in 2006, became a social media sensation thanks to celebrities and social media influencers who wore the special wrist award. Patek Philippe, citing “overwhelming demand,” announced in January 2021 that it will cease production of the Ref. 5711. If you want to get your hands on a Nautilus, this could be your last chance.
A status symbol was always the goal of the Nautilus. For a steel watch of that era, the initial model’s $3,100 price tag seemed outlandish.
The Nautilus is now listed at $34,890. However, the new edition will cost $52,635 at Tiffany locations in New York, San Francisco, and Beverly Hills and feature a stainless steel case and a Tiffany Blue dial.
In recent years, Tiffany has collaborated with brands younger than Patek Philippe, such as Supreme, in an effort to appeal to younger customers.