As reported in the NYT, Thierry Stern confirms that, "We will have a surprise final series of the Ref. 5711. And it is not what was left in the pipeline." (Credit: Nazanin Lankarani for the New York Times).
![Patek-Philippe-5711, surprise final series of the Ref. 5711]()
Ref. 5711 Nautilus Retailed by Tiffany & Co. (Credit: Antiquorum)
After the recent news that the trophy watch is being discontinued, Thierry Stern is trying to calm collectors with the assurance that the 5711 "will have a victory lap. We will have a surprise final series of the Ref. 5711. And it is not what was left in the pipeline," said Mr. Stern in a video interview with the NYT.
Acknowledging how social media can whip people into a frenzy, Mr. Stern said, "There has been so much noise around this Nautilus. My God." When asked for his reasons for discontinuing the 5711, he said "We cannot put a single watch on top of our pyramid," he said. "After all, Patek has 140 models, including 26 other Nautilus variations." He added, "A watch should not be a top leader on its own. That is too dangerous. I always have two goals in mind. To protect Patek Philippe as an industry leader and to push for the finest product, so we constantly create new models, and we are innovative with our movements. The second thing is, I have to protect my client. For that, a Patek Philippe watch must keep its value."
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Ref. 5711 Nautilus Retailed by Tiffany & Co. (Credit: Antiquorum)
After the recent news that the trophy watch is being discontinued, Thierry Stern is trying to calm collectors with the assurance that the 5711 "will have a victory lap. We will have a surprise final series of the Ref. 5711. And it is not what was left in the pipeline," said Mr. Stern in a video interview with the NYT.
Acknowledging how social media can whip people into a frenzy, Mr. Stern said, "There has been so much noise around this Nautilus. My God." When asked for his reasons for discontinuing the 5711, he said "We cannot put a single watch on top of our pyramid," he said. "After all, Patek has 140 models, including 26 other Nautilus variations." He added, "A watch should not be a top leader on its own. That is too dangerous. I always have two goals in mind. To protect Patek Philippe as an industry leader and to push for the finest product, so we constantly create new models, and we are innovative with our movements. The second thing is, I have to protect my client. For that, a Patek Philippe watch must keep its value."
