Is the Patek Philippe Nautilus 5712/1A (Ref. 5712/1A-001) worth it?

WatchMerit currently rates the Ref. 5712/1A-001 a Sell. Down significantly from 2022 highs.

Any offer between $154,000 and $196,000 is considered a fair price — that's a ±12% band around the median. Below that range is under-market; above it is overpriced.

Full-set examples (box, papers, unpolished) sit near the middle of that range. Watch out for missing papers or heavy polishing — expect a 5–15% discount from median in those cases. International grey-market listings can look cheaper but almost always add GST, import duty and freight once landed.

Every live listing on WatchMerit is auto-labelled Under Market, Fair Price or Overpriced against this band, so you never have to guess.

Down significantly from 2022 highs. Collector demand is currently High — Complication Nautilus still coveted, cooling.

This reference is discontinued — Discontinued 2023; long client-only pre-discontinuation. New AD supply is no longer available; the secondary market is the only route to acquire one.

Historical secondary-market prices for the Ref. 5712/1A-001 have appreciated approximately 63.6% from the earliest tracked year to today, indexed from public market data, auction results and Australian dealer trade sheets.

Indicative only. Not financial advice. Past performance does not guarantee future returns.

A benchmarked reference on the WatchMerit market index. Detailed editorial notes coming soon.