Patek Nautilus 5711 – Customer Betrayal?

To keep my finger on the pulse of the watch industry, I frequent forums and Facebook, where enthusiasts rant and rave about companies and models. When Patek announced they were killing their golden goose, the Holy Grail of watchmaking, the steel Patek Philippe Nautilus 5711, they unleashed a widespread feeling of offense. That was especially true for . . .

Continue reading

Who Killed the Nautilus 5711?

  The Gerald Genta-designed stainless steel blue dial Patek Philippe Nautilus Ref 5711 is an icon. A Grail Watch. And now, it’s DOA. Discontinued. Gone. Although rumors about its demise have been circulating for weeks, the news still comes as a shock. Why would one of the world’s best watchmakers, the ranking member of the watch industry’s Holy Trinity, kill its most iconic model on a Friday news dump? (FYI, Robb Report, it’s spelled Nautilus, not Nautlius.) We can only guess what triggered the move . . .

Continue reading

Traditional Watch – Last Hurrah?

The traditional watch is going the way of vinyl records. In the same way that only hipsters and wealthy audiophiles spin actual records, hipsters and wealthy horophiles are going to be the main market for traditional watches. Right now, this isn’t a big issue for manufacturers. But it should be. Here are are three trends that show which way the winds of change are blowing . . .

Continue reading

Expensive Watch – Worth It?

Something is worth exactly what someone will pay for it. If someone is willing to pay a million dollars for a Timex Marlin, that’s what it’s worth. If someone’s willing to pay $10 for a Richard Mille (my bid) and no one will pay a dime more (which they shouldn’t), it’s worth $10. Of course none of that addresses the key question: is an expensive watch worth it? . . .

Continue reading