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Patek Philippe Nautilus in October 2026: The Steel References We Price

The olive 5711/1A is worth $253,000, the blue $168,000 and the white $132,000. The 5726/1A, 5990/1A, 5980/1A and the 35 mm 7118/1A priced dial by dial.

Five years after Patek Philippe ended the steel 5711/1A, the Nautilus is still the reference point of the whole secondary market. Here are the steel references we price most often, dial by dial, as of tonight.

The 5711/1A

CriterionFull setWatch only
Olive green (5711/1A-014)$253,000$126,000
Blue (5711/1A-010)$168,000$119,000
White (5711/1A-011)$132,000No recent market

The olive green dial was the last regular production 5711/1A, and it trades at a 50% premium over the blue. Note the watch-only column: without the card, the olive dial gives up half its value, on limited data. On a watch this collected, the provenance is the price.

The complications

CriterionBlueGreyWhiteBlack
5726/1A, annual calendar$149,000$120,000$141,000$126,000
5980/1A, chronograph$112,000$118,000$126,000$117,000
5990/1A, Travel Time chronograph$182,000No recent marketNo recent marketNo recent market
5712/1A, power reserve and moon$146,000No recent marketNo recent marketNo recent market

The 5726/1A lists at $62,766 in the US and trades at 2.4 times that in blue. The 5990/1A lists at $76,895 and also trades at 2.4 times.

The 35 mm Nautilus

CriterionFull setUS listAgainst list
7118/1A, grey$88,500$35,8842.5x
7118/1A, white$87,000$35,8842.4x
7118/1A, blue$77,000$35,8842.1x

The 7118/1A is the Nautilus most buyers overlook, and it trades at 2.1 to 2.5 times its list price. On the 7118/1A the blue is the cheapest dial; on the 5711/1A it is the dearest after the olive.

Our view

The 5711/1A is a collector's watch now, not a buyer's: at $168,000 for the blue, you are paying for its history. If you want to wear a steel Nautilus in 2026, the 5726/1A and the 5980/1A give you more watch for less, and the 7118/1A is the best-kept secret in the line at 35 mm. Whatever you choose, buy the full set.


Figures are Unaged Luxury estimates as of October 24, 2026: retail-equivalent, full set unless stated, from the recent market. Estimates, not offers. Figures the site marks as limited data rest on few recent records. Reference numbers in the text link to their live value pages, which move with the market.

Referenced in this guide

Value any watch
  1. Patek Philippe Nautilus 5711/1A5711/1A, full set$168,000
  2. Patek Philippe Nautilus 5726/1A5726/1A, full set$149,000
  3. Patek Philippe Nautilus 5990/1A5990/1A, full set$182,000
  4. Patek Philippe Nautilus 7118/1A7118/1A, full set$88,500
  5. Patek Philippe Nautilus 5980/1A5980/1A, full set$112,000

Estimates. Not offers. Retail-equivalent, today.