Tim Mosso's Watch Collection in 2022: All The Watches I Own Listed And Reviewed

The Patek Philippe Nautilus 5711 was the most coveted luxury watch of 2019, 2020, and 2021. But auction frenzies, aftermarket price markups, years-long waitlists at dealers, and negative mainstream media coverage took its toll. Realizing that its most famous watch model had become a monster, Patek Philippe CEO Thierry Stern made the difficult call to discontinue the Nautilus 5711 at the end of 2021. Tonight, Tim Mosso discusses three times a luxury watch model or model line grew to subsume the watchmaker's brand itself. Patek Philippe, a 183-year-old luxury watchmaker, was strong enough to end production of the Nautilus without undermining the watchmaker's business as a whole. First, the Stern family had been clear to promise that roughly 20 percent of its watch production would be steel and that no one model line could be more prominent than the Patek Philippe brand. Both guidelines helped to keep the luxury watch marketplace calm for a while, but by 2020, even precious metal versions of the Patek Philippe 5711 were subject to wild aftermarket speculation and obsessive customer interest. Moreover, the Nautilus 5711 was beginning to dominate discussion of the Patek Philippe brand in the same fashion that the Royal Oak watches have come to dominate Audemars Piguet. According to some estimates, the Royal Oak and the Royal Oak Offshore collections provide over 90 percent of the profit at Audemars Piguet. That wouldn't do at Patek Philippe, so the decision was made to end