Commentary

My friend had a $110,000 windfall from selling her watch

Patek Philippe Nautilus. In the world of luxury watches, demand far exceeds supply for several brands and models. PHOTO: PATEK PHILIPPE
New: Gift this subscriber-only story to your friends and family

When we caught up for drinks last Chinese New Year, my friend was sporting a Nautilus 5711-1A, possibly one of the most sought after watches in the world.

I told her she was wearing a small fortune on her wrist, especially since luxury watchmaker Patek Philippe had announced a month earlier that it was discontinuing the model.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.