The aBlogtoWatch team knew that new Patek Philippe watches were coming at Watches & Wonders 2021 – we just didn’t suspect that any of them would be from the Nautilus 5711 collection. That’s because Patek Philippe confirmed earlier in 2021 that the 5711 (40mm wide steel case, three-hand movement) Nautilus was going to be discontinued. They just weren’t clear when it was going to be retired. Patek Philippe may even release additional 5711 models in 2021 – the final year the Geneva-based company says that it will produce this generation of the iconic Gerald Genta-designed luxury sports watch that the enthusiast community has gotten to know over the last 15 years.
Now in April 2021, the latest member of the Patek Philippe Nautilus is the 5711/1A-014, and it has a steel case with a metallic olive green dial. This is the first ever green-dialed Nautilus watch, and if you have been paying any attention at all to recent timepiece releases, you’ll now that green is the latest trendy color for top tier timepieces. Patek Philippe calls it is their “sunburst olive-green” face and it combines an iconic horizontally-embossed dial with applied gold markers and matching hands.
This is the second modern sport watch from Patek Philippe to get a olive green dial treatment. The first was in 2019 when Patek Philippe debuted the Aquanaut 5168G with a similar tone of green for the dial color. The only major difference was that the Aquanaut has an 18k white gold case, while this Nautilus has a steel case. Also interesting is that Patek Philippe is concurrently releasing a diamond-decorated version of the the olive green Nautilus – only in a steel case. I say this because for the most part, Patek Philippe’s diamond-decorated watches are in gold or platinum. The Patek Philippe Nautilus 5711/1300A-001 (5711/1300A) has the same 40mm wide steel case (8.3mm thick), but with 3.6 carats of baguette-cut diamonds on the bezel. That is a rather masculine way to enjoy diamonds – making it the evening-wear version of this semi-sporty bracelet watch. Despite the “non-precious” nature of the steel case – the diamond version of the Nautilus 5711 is about $60,000 more than the non-diamond-decorated version.
Patek Philippe’s success with the Nautilus is due in large part to the traditional comfort and poise of the product, as well how much watch collectors has stood behind the product. Originally designed by famed watch designer Gerald Genta, the Nautilus today has taken on more of a financial asset characteristic as opposed to a mere luxury watch. That is because Nautilus watch production is naturally limited (the cases are finished like pieces of jewelry and thus probably take as long as a movement to manufacture) and because they are often associated with price stability. Given the uncertainty of the larger investment market, watches like the Nautilus have enjoyed probably too much attention as something which can be resold to collectors for above retail price. In some instances, way above retail price.
Inside the watch is Patek Philippe’s in-house made caliber 26-330 S C automatic movement – which can be admired through the sapphire crystal caseback window. As a timepiece the Patek Philippe Nautilus has a lot of charm. It is clearly well-made, very comfortable, has a elegantly slim automatic movement, and is fashionably versatile. You can read my full review on the Patek Philippe Nautilus 5711 watch on aBlogtoWatch here. It is one of the most popular “integrated bracelet watches with a steel case” around, and its popularity will remain intact even after Patek Philippe ceases production on the 5711 – as they have already confirmed a successor model to the current generation three-hand Nautilus is on its way.
No doubt some collectors will be irritated by the roller coaster news of the Patek Philippe 5711’s availability. First it is discontinued, then it isn’t quite-yet-discontinued… etc… For those seeking to purchase one, the mire of aftermarket pricing strategies is a mine field. The best way to get one is directly from a Patek Philippe authorized dealer – but that is easier said than done. For those who can, retail pricing for the olive green dial Patek Philippe Nautilus 5711/1A-014 is $34,893 USD and the 5711/1300A-001 with diamonds has a retail price of $94,624 USD. Learn more at the Patek Philippe website here.