I remember Stern saying he doesn't want PP becoming another "Royal Oak Co." like AP, and that is one of the reasons he said 5711 is discontinued. If that is the case and Stern stands by his word, maybe there won't be a replacement for 5711 that looks the same with new movement. Maybe something entirely new? Who knows...
5980 will be replaced with the new changes they incorporate on the updated 5711 - as you noted, it makes sense to start at the bottom and work your way up. New clasp, screws rather than pins in the bracelet & possible quick release like AP and VC perhaps?
For the 5990 steel I wouldn't be surprised if the lineup is more gold heavy going forward. People won't have much of a problem with higher retail price but they can't just increase the price 50% 70% so I think Patek will tweak it with the range. More gold and new reference costing more than the old. I must say I hope they won't do what AP did and just update the watch which kind of sucks if you have the old one but I think they understand creating value for the collector better. Also if I am not mistaken the 5980 steel was in production a similar period than the 5990 steel. The 5711 and 5712 have been in production for much longer period.
Regarding the Hublot, remember LVMH owns Hublot and Tiffany so they can color anything they want in that color esp for all those ppl that buy Hublot and want it LOL Also PP may be dropping the 5990 to further cut down the stainless models. They don’t like having so many stainless options, PP loves precious metals….
If I were to pay 100% attention to what my favourite brands are deciding on for the future, they probably wouldn’t be my favourite brands anymore. Thanks for the video ! ❤️
Eric, 2026 is the 50th anniversary of the Nautilus so I think nothing will happen till then and suddenly 💥BANG 💥 we will get a precious metal 5711. Don’t forget what Mr Stern said in his NYC Times interview back in 2021, Patek Philippe has always made watches in precious metal and the company can not be overshadowed by a steel sports watch. And you don’t have to be Patekholic to see it coming 😉
You're saying they better not mess up the next reference, but honestly will it even matter what it looks like or what they do? Any Nautilus they release will have every piece spoken for before it leaves the factory and will be hyped to hell.
Just my 2 cents. My boss had this watch back in 2013. Gold 3 hand. He was long long long time Patek customer. He wore the watch to the office and I shouted Rick were you going with Nautilus!??! Come back here! He got a good laugh he was so giddy over this giant watch. Then the magic wore off and he got tired of people making comments. He stopped wearing it and went back to the Patek dress watches. It made me think it's a bit much.
The prices of the Nautilius are so high that it makes sense to keep the 5990 only in gold, remember Patek want‘s to avoid being known as a mono model sports steel watch brand…
Patek can't really increase sales with pre owned watch mania. They need a banger that will allow them to keep their ADs from picking their noses all day watching paint dry. Because they sure aren't selling popsicle color Rolexes to walk ins. Lol. Patek haven't released a hot new sports model in a long long time. Their brand is at peak gotta have it I don't care how much. Perfect time to release a new chronograph that will be a rich man's Daytona the way the Aquanaut is a rich man's Submariner. Calatrava isn't really on anyone's Instagram feed. The dress watch game is for the old guys. Patek know they have to sow the acorns for new younger customers with crypto millions.
I mean, I've just officially accepted that I don't understand the Swiss Watch Industry, haha. I think they will be back! Just with new reference numbers or something at Watches & Wonders.
To me it’s time to discontinue 5712 by April … First reason , it’s the oldest reference of nautilus Second , i think house going to make full rose gold version of it … I might be wrong about by April but I’m pretty sure this year they’ll announce that… What do you guys think ?
I agree with the 5990. What are they thinking? The only thing I can think is it forces every 5990 steel buyer to shift to the gold one even though they're totally different.
Love the 5990…if I could have only one Nautilus in addition the classic 5711 in blue…that would be it it…as complete a watch IMO as I’ve seen at this level..
Love your videos as always!! In my opinion possible the chinese purchasing wave that drove the AP & PP price up. What your opinion on RM is still staggering in price? Stack up RM right now?
believe me, there is plenty of people who have that sort of money, 400k is nothing these days. There is so much opportunity and guides on ways to make money nowadays.
Just last week bought 3 watches for my client and he just paid me 492K for those 3 5712 Blue dial chrono Ap Blue dial plain Ap And bank wire was like snoop dogg ‘s mustache brother believe me ….
Nautilus , and patek in partikular, the ultimate old mans or grandfathers Watch. I Saw the Full Gold years before for 25k in the Store Windows, before Discount, but i just did not like it. Crazy times.
Hi Eric. I have to tell you, semi-serious, semi-joking, i'm getting a bit discourage here: everytime i find a new model cool... you don't seem to like it. Are you trying to tell me something? :) Joke aside, keep up the great work. It's always fun to hear your no-holds-barred point of view on the watch market. It is deeply needed and always refreshing. Don't you ever change. You want the cold hard truth on something related to watches? You'll get it with Watch Eric.
my guess: they wont do steel nautiluses anymore or if they do, it will be very limited editions of a new version of the 5711 for speial clients like the olive or tiffany dials, nothing else. All nautiluses will remain only precious metals. Note they have a new clasp on the 5990R so they will update the others accordingly if they keep them in the catalogue.
Patek is privately owned and does not have to answer to shareholders for short term profit. They are interested in the extreme long game, and being known for only the Nautilus is not what they want. I think there is a very good chance that they will finally say goodbye to it. Possibly a completely different watch, or no replacement at all for a few years
The word on the street here is that Patek wants to be renown for complications, which is why nautilus and aquanaut apparently will be discontinued without replacements eventually...
I think Terry's play is to make all the Nautilus precious metal ie gold/titanium/platinum.. and for now phase out all steel... the only steel that i think will remain is any two tone version.. this makes sense actually.. now Patek can drive up their prices bec of the PM.. Patekaholics call on there being a 6711 being platinum/titanium will be spot on..
@@WatchEric I have a feeling we’ll be underwhelmed by the changes to the new line so aside from a movement upgrade and slight case modification, you’ll probably get an almost identical watch. Patek and Rolex haven’t done much in the last 5 years. It feels like 2014-2016 was the last time we saw big updates. That’s why I love the 5960/1a. So different.
5711rmw/s -Rainbow meteorite dial with sprinkles. That would blow away the Tiffany dial. It would create such a frenzy there would be CZcams videos of actual head explosions at unboxing.
PP start doing some crazy things and I have no clue why Eric… if watch still selling extremely good what is a point of discontinuing? My personal thoughts they in deep of factory making replacement with might be better movement and even more colored dial versions.. look what Rolex did what AP presented and not Patek Philippe…. Might be I’m wrong but feelings tells me about this way …
Eric honestly no one might say this but Pateks aren’t as sexy as AP’s! Just go back to 15 years when you had everything available, I never bought a Patek I went and got a Rolex and made my way up to an AP but never patek! Now it’s all jsut crazy hype etc! But these prices for the nautilus are ridiculous and not even worth it!!! Second question please would love to know where you seeing the Daytona platinum and green dial going as it went nuts last year around this time wkth the discontinued rumours!
PP are more like Rolex the number of models/ SKUs they churn out and 60K+ per year watches made. How long are they going to provide support and make spare parts for these multiple discontinued models. Their AD saying you don’t own a PP you are saving it for the next generation is BS. They are outrageously expensive even at retail, which some of the Grand Complications and Complications are available at retail. I’d you want a watch there are plenty of other brands available that cover all the different types: Blancpain and Breguet or Panerai.
I just sit back really glad that I don’t prefer at all the looks of PP watches. I like that they are different and stand apart from all other watches. I just can’t like that portal shape style no matter how much hype. More for the rest of you to enjoy!
@@John_Bull_ my bad, yeah I meant (just) Nautilus and Aquanaut. I just can’t like that portal shape. Y’all can have em. As for Royal Oak I don’t mind the bezel but I generally don’t love the dials on them.
Doesn't even matter? Not like us peasants can just scrape up 180k for a Plane Jane PP Nautilus. Lol. If they have the balls to actually keep it out of the line up kudos to them. They wont be a modern one trick pony like AP and the Royal Oak.
they will just launch new variants with updated movements 67xxj/g/r, Geneva is coming up and PP isn't going to share airtime killing more steel versions thus moving upmarket, and given that the brand has always been culling models that were only a year in production it's rather predictable what they are doing tbh, if they do not introduce an updated version, that would be headline-making news, until then, they are just doing what they've always done
With all the money these watches attract, you would think that PP’s “innovation” would be something other than changing the color on the dial. I personally dislike (intensely) the Tiffany blue dial.
The whole watch market is stupid right now, due the the grey dealers who manipulate the market with the "secret" dealer chats !It;s not the manufacturers anymore who set the prices and that's well known. But all good as long as they're rich suckers who pay,,,What goes up, comes down as well, remember 2008?
PP is not all that. I have in the watch game for 30+ years and not that impressed with how PP is run as a company. There is a reason Rolex is THE master.
The watch market is too crazy right now. These prices are nuts. I’m going to just sit back and enjoy my collection.
Agreed.
I think now whoever has a watch or two is just lucky to own them!! Don’t see myself being able to touch anything in the near future for that amount!
Watches are now just an asset for speculators
I remember Stern saying he doesn't want PP becoming another "Royal Oak Co." like AP, and that is one of the reasons he said 5711 is discontinued. If that is the case and Stern stands by his word, maybe there won't be a replacement for 5711 that looks the same with new movement. Maybe something entirely new? Who knows...
they already are THE NAUTILUS Co. lool
@@DGRWPF Not really I rather have a 5496r a 5270 or 5204 over any Nautilus. I even rather have a couple Calatrava for the price of one Nautilus.
@@DGRWPF What does that mean, "another Roayl Oak Co" ?
@@FeelingPeculiar a one trick pony.
@@DGRWPF bullshit. Look at the aquanaut
Time to start buying bonds and gold 🤣
Gold!
Gold watches and 2-tone precious metal on your wrist
'You heard it here first!" Keep em coming Eric. Grear content as always.
🙌🏼🙌🏼🙌🏼🙌🏼
5980 will be replaced with the new changes they incorporate on the updated 5711 - as you noted, it makes sense to start at the bottom and work your way up. New clasp, screws rather than pins in the bracelet & possible quick release like AP and VC perhaps?
Thank you, as always, bring us the latest news in watch industry.
Great content as always! I love how Eric has a passionate, personal vendetta against Tiffany Blue. Like who hurt you bro? ;)
The blue! Lol
Such a sad day the 5711 in rose gold is my grail watch
For the 5990 steel I wouldn't be surprised if the lineup is more gold heavy going forward. People won't have much of a problem with higher retail price but they can't just increase the price 50% 70% so I think Patek will tweak it with the range. More gold and new reference costing more than the old. I must say I hope they won't do what AP did and just update the watch which kind of sucks if you have the old one but I think they understand creating value for the collector better. Also if I am not mistaken the 5980 steel was in production a similar period than the 5990 steel. The 5711 and 5712 have been in production for much longer period.
Correct.
In the next episode of “A day in the life” you should tell us how you style your hair. Always on pint mate
😎😂😂
Some people and watch dealers who “managed” to get the pieces, just dumped it right away at the grey market.
Regarding the Hublot, remember LVMH owns Hublot and Tiffany so they can color anything they want in that color esp for all those ppl that buy Hublot and want it LOL
Also PP may be dropping the 5990 to further cut down the stainless models. They don’t like having so many stainless options, PP loves precious metals….
They must have something big hidden up their sleeves...... Time for another state of the collection video Eric? 👊🏻
If I were to pay 100% attention to what my favourite brands are deciding on for the future, they probably wouldn’t be my favourite brands anymore. Thanks for the video ! ❤️
Eric, 2026 is the 50th anniversary of the Nautilus so I think nothing will happen till then and suddenly 💥BANG 💥 we will get a precious metal 5711. Don’t forget what Mr Stern said in his NYC Times interview back in 2021, Patek Philippe has always made watches in precious metal and the company can not be overshadowed by a steel sports watch. And you don’t have to be Patekholic to see it coming 😉
I’m not sure what I trust from MR STERN at the moment. Would like to hear him out. I am rooting for there success
You're saying they better not mess up the next reference, but honestly will it even matter what it looks like or what they do?
Any Nautilus they release will have every piece spoken for before it leaves the factory and will be hyped to hell.
Just my 2 cents. My boss had this watch back in 2013. Gold 3 hand. He was long long long time Patek customer. He wore the watch to the office and I shouted Rick were you going with Nautilus!??! Come back here! He got a good laugh he was so giddy over this giant watch. Then the magic wore off and he got tired of people making comments. He stopped wearing it and went back to the Patek dress watches. It made me think it's a bit much.
Im gonna sit back snd enjoy the sheet show because man, we gonna have one very soon.
Me : watches this video
Me: goes window shopping for Bulovas at Macys right after
The prices of the Nautilius are so high that it makes sense to keep the 5990 only in gold, remember Patek want‘s to avoid being known as a mono model sports steel watch brand…
Patek can't really increase sales with pre owned watch mania. They need a banger that will allow them to keep their ADs from picking their noses all day watching paint dry. Because they sure aren't selling popsicle color Rolexes to walk ins. Lol. Patek haven't released a hot new sports model in a long long time. Their brand is at peak gotta have it I don't care how much. Perfect time to release a new chronograph that will be a rich man's Daytona the way the Aquanaut is a rich man's Submariner. Calatrava isn't really on anyone's Instagram feed. The dress watch game is for the old guys. Patek know they have to sow the acorns for new younger customers with crypto millions.
Eric. Mark my word. 5711 will have a clasp change. The newest movement and a case size of 41.3mm 40.8mm or something close.
We’ll see!
The Gong Show reference was hilarious and the Godfather meme was priceless.
R O F L
I mean, I've just officially accepted that I don't understand the Swiss Watch Industry, haha. I think they will be back! Just with new reference numbers or something at Watches & Wonders.
To me it’s time to discontinue 5712 by April …
First reason , it’s the oldest reference of nautilus
Second , i think house going to make full rose gold version of it …
I might be wrong about by April but I’m pretty sure this year they’ll announce that…
What do you guys think ?
I agree it makes sense to discontinue it.
I agree with the 5990. What are they thinking? The only thing I can think is it forces every 5990 steel buyer to shift to the gold one even though they're totally different.
Now is late in Switzerland but, if you want, I may call Thierry tomorrow morning and ask him about this ;).
Great video Eric, hope to see you at the Lws.
🙌🏼😎💯
Love the 5990…if I could have only one Nautilus in addition the classic 5711 in blue…that would be it it…as complete a watch IMO as I’ve seen at this level..
Love your videos as always!!
In my opinion possible the chinese purchasing wave that drove the AP & PP price up.
What your opinion on RM is still staggering in price? Stack up RM right now?
I wish Rolex would discontinue the submariner for 2 years just to see what people would do as a joke.
and then introduce the “Rolex 5” sub styled watch which lacks the screwdown crown
Nobody cares, since most people don’t have $400k, for a watch…lol.
Well not every market is for everybody
Most people in the market for this watch *DO* have 400k for a watch
@@joecool9739 this hyper inlfated grey market.....it's a shame
believe me, there is plenty of people who have that sort of money, 400k is nothing these days. There is so much opportunity and guides on ways to make money nowadays.
Just last week bought 3 watches for my client and he just paid me 492K for those 3
5712
Blue dial chrono Ap
Blue dial plain Ap
And bank wire was like snoop dogg ‘s mustache brother believe me ….
@@gforce3750 there will be a day that people scratch their head: did I really pay that much for a watch?...in the end this whole bubble will burst....
That Florida backdrop looks amazing.
Nautilus , and patek in partikular, the ultimate old mans or grandfathers Watch. I Saw the Full Gold years before for 25k in the Store Windows, before Discount, but i just did not like it. Crazy times.
I agree 5990 should retain and 5980 discontinued. They discontinued one of Patek’s cool watches
Hi Eric. I have to tell you, semi-serious, semi-joking, i'm getting a bit discourage here: everytime i find a new model cool... you don't seem to like it. Are you trying to tell me something? :) Joke aside, keep up the great work. It's always fun to hear your no-holds-barred point of view on the watch market. It is deeply needed and always refreshing. Don't you ever change. You want the cold hard truth on something related to watches? You'll get it with Watch Eric.
They're tired of being represented by the least significant watch - - a steel sports model, no less - - in their lineup. I don't blame them.
Personally I think this is a bad move.. But think it'll return with a few tiny tweaks..and a different ref#
my guess: they wont do steel nautiluses anymore or if they do, it will be very limited editions of a new version of the 5711 for speial clients like the olive or tiffany dials, nothing else. All nautiluses will remain only precious metals. Note they have a new clasp on the 5990R so they will update the others accordingly if they keep them in the catalogue.
Patek is privately owned and does not have to answer to shareholders for short term profit. They are interested in the extreme long game, and being known for only the Nautilus is not what they want. I think there is a very good chance that they will finally say goodbye to it. Possibly a completely different watch, or no replacement at all for a few years
Seiko should make a Diver’s 200 rated SKX with a tiffany blue dial, and call it the “victory lap”
I never thought this would happen. This is crazy af
Crazy
The word on the street here is that Patek wants to be renown for complications, which is why nautilus and aquanaut apparently will be discontinued without replacements eventually...
I think Terry's play is to make all the Nautilus precious metal ie gold/titanium/platinum.. and for now phase out all steel... the only steel that i think will remain is any two tone version.. this makes sense actually.. now Patek can drive up their prices bec of the PM.. Patekaholics call on there being a 6711 being platinum/titanium will be spot on..
Eric I have a lava orange gt3rs also let’s start doing lava orange dials new trend 😂
The hair color looks good. You’re already at that age… welcome to the club
Lets just hope they dont jump into the skeleton or rainbow game 😂😂
They need to hire Eric for market strategy.
they are phasing out steel models, 5712 will go next
🤯🤯
New nautilus & any future new 5990 will come out in white gold
How about the new green dial 5905 on a steel bracelet that just came out that retails for $60k+ and is already up to $180k on the grey market? Yike!
WE NEED MORE CONTENT ERIC🔥🔥
I don’t know why anyone is surprised by this. Thierry said this earlier last year. The next model will be an improvement.
But for the 5990!??
@@WatchEric I have a feeling we’ll be underwhelmed by the changes to the new line so aside from a movement upgrade and slight case modification, you’ll probably get an almost identical watch. Patek and Rolex haven’t done much in the last 5 years. It feels like 2014-2016 was the last time we saw big updates. That’s why I love the 5960/1a. So different.
5711rmw/s -Rainbow meteorite dial with sprinkles. That would blow away the Tiffany dial. It would create such a frenzy there would be CZcams videos of actual head explosions at unboxing.
New Nautilus line up, slightly refined case etc and all pm on leather straps. My take.
Do AD’s add market adjusted value?
When will we see your updated personal collection??
PP start doing some crazy things and I have no clue why Eric… if watch still selling extremely good what is a point of discontinuing? My personal thoughts they in deep of factory making replacement with might be better movement and even more colored dial versions.. look what Rolex did what AP presented and not Patek Philippe…. Might be I’m wrong but feelings tells me about this way …
Eric honestly no one might say this but Pateks aren’t as sexy as AP’s! Just go back to 15 years when you had everything available, I never bought a Patek I went and got a Rolex and made my way up to an AP but never patek! Now it’s all jsut crazy hype etc! But these prices for the nautilus are ridiculous and not even worth it!!! Second question please would love to know where you seeing the Daytona platinum and green dial going as it went nuts last year around this time wkth the discontinued rumours!
The Platino is going to go crazy
You’re funny Eric. Thierry Stern knows what he’s doing. Proof: you’re talking about it.
Thank You for all of your videos that you did.
Thank you Kevin
5980 steel is a savage piece
Yessssss
Patek has always done it right so I will wait and keep the faith that they will amaze us all once again.
Look at the 70’s and 80’s. They made some really ugly stuff. The unpopular stuff
I hope so
all new nautilus with quick release strap ;D
FYI< nice with the boats in the back, looks smooth ... good sound... !!! #Miami #Patek #5711r #5990/1a #5990
I'm waiting for the pink dial
The marketing people at Rolex and AP have all lost their marbles. LETS NOT SELL OUR GOODS, AND MAKE PEOPLE DROOL OVER THE STUFF WE ARE NOT MAKING.
PP are more like Rolex the number of models/ SKUs they churn out and 60K+ per year watches made. How long are they going to provide support and make spare parts for these multiple discontinued models. Their AD saying you don’t own a PP you are saving it for the next generation is BS. They are outrageously expensive even at retail, which some of the Grand Complications and Complications are available at retail. I’d you want a watch there are plenty of other brands available that cover all the different types: Blancpain and Breguet or Panerai.
Not a fan of the chrono. It just doesn’t make sense from a design perspective.
Whoah! Flag on the play
Patek don’t want to be associated with this current breed of customer, I wager.
Rolex is also discontinuing the sky-Dweller
Subscribed =)
Watch Eric quote of the day: "Change is good, but sometimes change is bad"
Hi Eric, Hi everybody. If they come up with the new version of "5711" , what will happen with the prices of 5711 and its older brothers? (3800, 3700)
Patel Rolex and AP will probably form their own conglomerate
I just sit back really glad that I don’t prefer at all the looks of PP watches. I like that they are different and stand apart from all other watches. I just can’t like that portal shape style no matter how much hype. More for the rest of you to enjoy!
@@John_Bull_ my bad, yeah I meant (just) Nautilus and Aquanaut. I just can’t like that portal shape. Y’all can have em. As for Royal Oak I don’t mind the bezel but I generally don’t love the dials on them.
Hey are you coming to the watch show in London?
Yess
@@WatchEric nice! See you in London mate
how about 5712A ,g and gr
Eric, don’t worry. Patek will bring it back. Why? The clue is in the name, Nautilus = Not The Last
LoL
Doesn't even matter? Not like us peasants can just scrape up 180k for a Plane Jane PP Nautilus. Lol.
If they have the balls to actually keep it out of the line up kudos to them. They wont be a modern one trick pony like AP and the Royal Oak.
I’m intrigued to know your opinion on new APs ? What do u think it will happen to the prices
they will just launch new variants with updated movements 67xxj/g/r, Geneva is coming up and PP isn't going to share airtime
killing more steel versions thus moving upmarket, and given that the brand has always been culling models that were only a year in production
it's rather predictable what they are doing tbh, if they do not introduce an updated version, that would be headline-making news, until then, they are just doing what they've always done
clearly they are keeping precious metal version of complicated Nautiluses.
(consudering they kept aulso the two-tone 5980 etc
Look at the green dial Daytona prices
With all the money these watches attract, you would think that PP’s “innovation” would be something other than changing the color on the dial. I personally dislike (intensely) the Tiffany blue dial.
I feel it was just unnecessary. Don’t hate it. Just not moved by it.
They will release 5990 steel in blue or green dial
Patek is a 2-man show. Stern and his Ego.
Life won't be the same on Earth after this .
Oh no a watch I wasn't in a million years going to get the chance of purchasing at MSRP is going to get discontinued! Anyway...
Hold stock, discontinue, sell in the back? Wherever there is power, greed, and money, there is corruption.
The whole watch market is stupid right now, due the the grey dealers who manipulate the market with the "secret" dealer chats !It;s not the manufacturers anymore who set the prices and that's well known. But all good as long as they're rich suckers who pay,,,What goes up, comes down as well, remember 2008?
Ummmm. “Secret Chats” don’t manipulate the market. Lack of supply and people buying them at premiums do.
4:20: hublot pig bang 🤣
the 5711 is coming out with a burgendy dial, this is true fact i got from inside geneva
Great analysis! Curious on PP their next move.
126613LB Two Tone Submariner Bluesy for 33k... Iam shocked... unbelievable...
Man you so lucky to be able to play with these nice watches. Come to Sydney bro so we can set up a shop bro
Great video!
As you sad, I believe it will be 6711 and 6990 with upgraded movements, like Rolex did
Time for the patek 6000
Hublot looks like they took the fiffany color out the garage 😂 🗑
Can you imagine if you bought it weeks before they took it off the website??? 😂😂😂
PP is not all that. I have in the watch game for 30+ years and not that impressed with how PP is run as a company. There is a reason Rolex is THE master.
Prices about 2 go crazy
Yep