Watch Paparazzi

Writer Giorgia Mondani spotted wearing Patek Philippe

Giorgia Mondani was recently spotted wearing one of the most coveted stainless steel sports watches of the 21st century: the Patek Philippe Nautilus ref. 5711/1A-014, fitted with its now-legendary green olive sunburst dial. For a collector of Mondani's caliber — she has authored or co-authored some of the most authoritative reference books on Rolex and Patek Philippe — the choice is entirely coherent. This is not a watch worn for attention; it is worn because its owner understands exactly what it represents.

Patek Philippe unveiled the 5711/1A-014 in April 2021 at Watches & Wonders Geneva, simultaneously announcing the discontinuation of the entire 5711 reference. The stainless steel case measures 40mm and retains the signature Gerald Genta-designed integrated bracelet that defined the Nautilus since 1976. Beneath the exhibition caseback beats caliber 26-330 S C, a self-winding movement with a 45-hour power reserve, oscillating at 28,800 vph, offering hours, minutes, seconds, and a date display at 3 o'clock. The new olive green dial — a deliberate departure from the classic blue — features the characteristic horizontal embossed relief and applied gold Nautilus indices.

From a collector's perspective, the 5711/1A-014 occupies near-mythological status. Produced for barely one year alongside a diamonds-and-baguette variant, total production numbers remain undisclosed by the manufacture, though estimates suggest quantities were tightly controlled. The announcement of discontinuation, paired with a striking new dial color, created textbook scarcity conditions. Waitlists at authorized dealers became irrelevant almost immediately; the grey market absorbed the watch at multiples that embarrassed the entire industry.

Mondani's relationship with horology goes far beyond wearing fine watches. As founder of Mondani Libri and a leading voice in watch literature, she approaches every timepiece with a scholar's eye. Spotting the 5711/1A-014 on her wrist signals genuine conviction — this is a reference she has written and lectured about, now worn as a living artifact.

On the secondary market, the Patek Philippe Nautilus 5711/1A-014 currently trades in the $450,000 range, representing an appreciation of roughly 1,200 percent over its $34,800 retail price. Even as the broader luxury watch market has cooled since its 2021–2022 peak, the green dial 5711 has held its premium with unusual resilience, underscoring its place as a genuine collector's cornerstone rather than a speculative bubble.