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The Booming Market for Patek Philippe's Discontinued Nautilus Ref. 5711/1A | Market Wrap

2021 Patek projections have been front and center during each episode of Market Wrap this month. And then the news hit that the world’s most in-demand watch, the Patek Philippe Nautilus Ref. 5711/1A, was being discontinued. The already hot market has since skyrocketed, and Mike Manjos is back on the set of Market Wrap to discuss – and speculate – what will replace the iconic reference in Patek’s catalog. Before we dive into the booming market for the 5711 and what will come next, Mike shines a spotlight on a few special pieces that landed in WatchBox’s inventory this week. Among the latest arrivals are a Blancpain Fifty Fathoms MIL-SPEC Hodinkee Limited Edition, a yellow gold Rolex Daytona with an ivory Arabic dial and black sub-dials, and an Omega Speedmaster CK2998 Limited Edition. Which one is at the top of your wish list? For our main topic today, Mike highlights the questions on every watch enthusiast’s mind – what comes after the 5711, and where will the market settle? Prices quickly soared to over $100,000 upon the announcement, and we anticipate that there is still room to climb before a correction. While the Nautilus is making all the headlines, several other models have also been discontinued, including the stunning World Time Ref. 5131/1P in platinum and all iterations of the Annual Calendar Ref. 5146. Do you think we will see a new annual calendar this year? What about a new core Calatrava? Share your predictions in the comments below. In closing, Mike highlights several models WatchBox is looking to acquire for inventory, including the F.P. Journe Chronometre Bleu, the newest Snoopy – the Omega Speedmaster “Silver Snoopy Award” 50th Anniversary edition, and Patek Philippe’s Ref. 3940 Perpetual Calendar. Contact one of our client advisors [marketwrap@thewatchbox.com] to talk about the process of selling your watch to WatchBox – whether you have one of these models or another timepiece you wish to sell or trade. Watch SKUs: Omega Speedmaster CK2998 Limited Edition (4403432) Blancpain Fifty Fathoms MIL-SPEC Hodinkee Limited Edition (4403192) Rolex Cosmograph Daytona (4403549) 00:00 Introduction 00:23 Blancpain Fifty Fathoms MIL-SPEC Hodinkee Limited Edition 00:44 Rolex Cosmograph Daytona 01:12 Omega Speedmaster CK2998 Limited Edition 01:25 Patek Philippe Discontinuations 05:13 What We're Buying Please Subscribe: https://www.youtube.com/c/WatchBoxStudios/?sub_confirmation=1 View hundreds of hands-on luxury watch reviews at our WatchBox Reviews channel: https://www.youtube.com/c/WatchBoxReviews/?sub_confirmation=1 Instagram: https://www.instagram.com/watchbox BUY WATCHES HERE: https://www.thewatchbox.com