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business man Kevin O'Leary spotted wearing a Patek Philippe 5711/1A-010

Business man Kevin O'Leary spotted wearing Patek Philippe

08/01/2023

Description: Patek Philippe Nautilus 5711
List Price: $30,000
Market Price (estimated): $200,000

Kevin O’Leary, known as Mr. Wonderful from the TV show Shark Tank, is a well-known watch collector. However, in a recent interview, he mistakenly referred to the Patek Philippe Nautilus 5711 as the "7511". Despite this slight error, it's clear that O'Leary knows his watches, as he actually owns the 5711 in his collection.

The Patek Philippe Nautilus 5711 is a highly sought-after watch by collectors and enthusiasts alike. The blue dial variation, which has since been discontinued, originally sold for less than $30,000 USD. However, due to its rarity and popularity, it is now selling for over $200,000 USD on the secondary market.

This means that O'Leary is likely to see a significant return on his investment in this watch. As someone who is known for his business acumen and investment savvy, it's no surprise that he would choose to add such a valuable timepiece to his collection.

Despite the minor mistake in referencing the watch's model number, it is clear that O'Leary knows the true value of his collection. He has long been a proponent of investing in luxury items, such as fine art and high-end watches, as they tend to hold their value and even appreciate over time.

For anyone looking to add a Patek Philippe Nautilus 5711 to their collection, be prepared to pay a premium for its rarity and desirability. But for those who are willing to invest, it's a surefire way to see a return on your investment – just ask Mr. Wonderful.