A bit of stir was caused in the watch world yesterday when Patek Philippe introduced the new limited series Patek Philippe Nautilus Ref. 5711/1A-018 in honor of 170 years of the long-standing relationship between Patek Philippe and Tiffany & Co. In fact, Tiffany and Co. was the first American retail partner for Patek Philippe as early as 1851. So, to celebrate, the two collaborated once again. Let’s face it, collaborations among brands have become quite the thing these days.
However, watch pundits were pretty upset about this collaboration. The fact that a Nautilus was being made at all after the announcement that the particular model (Ref. 5711) was not being made again and the fact that the Tiffany Blue (robin’s egg) color graced the dial were just too much for Patek lovers to take.
The thing is, even though the color may offend some, the fact of the matter is that all 170 limited-edition pieces, Patek Philippe Nautilus Ref. 5711/1A-018, will sell like hotcakes. What helps is the fact that the pieces (all except for one) will be sold exclusively through Tiffany & Co. locations that carry Patek Philippe: New York, Beverly Hills and San Francisco. This ensures that Tiffany lovers — who covet the Tiffany Blue — are exposed to the pieces. All of them bear the inscription: “170th Anniversary Tiffany & Co – Patek Philippe 1851 – 2021”
Patek Philippe insists that this will be the last variation of the iconic Ref. 5711. The Ref. 5711/1A-018 anniversary watch will retail for $ $52,635. There is also a single watch that will be sold through Phillips at auction, with the proceeds benefitting Tiffany & Cl.’s charity of choice: The Nature Conservancy.