This Tiffany-blue Patek Philippe Nautilus watch costs almost $53,000

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This Tiffany-blue Patek Philippe Nautilus watch costs almost $53,000
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Tiffany & Co. and Patek Philippe are making just 170 of these limited-edition watches to honor their 170-year partnership.

Luxury watchmaker Patek Philippe announced the final release of its popular Nautilus Ref. 5711 watch in a limited series with Tiffany & Co. on Monday.

iframe.twitter-tweet { width: 100% !important; } The partnership started in 1851, when Antoine Norbert de Patek and Charles Tiffany met in New York. Tiffany signed an agreement with Patek Philippe in 1854 to become the first retailer in America to carry the exclusive timepieces. And the agreement has survived numerous ownership changes over the years, including Tiffany being acquired by the French luxury giant LVMH for $15.8 billion in January 2021.

The Nautilus was always intended to be a status symbol. When the first model was released in 1976, it cost $3,100 — an enormous price for a steel watch at the time.2001 — Refs. 5150R, 5150J & 5150G – 450 watches2012 — Ref. 5396G-012 – 100 watches

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