How Much Does a Patek Philippe Cost in 2026? Nautilus, Aquanaut, Calatrava and Complications Price Check
“How much does a Patek Philippe cost?” There is no single answer to this question. At Patek Philippe, the range runs from just under 29.000 euros for a Twenty~4 to well over 250.000 euros for a Grand Complication. Three things are decisive: The collection, the material and how much demand there currently is for a model. We have looked at the most important collections and show what they cost in 2026.
The Key Points at a Glance
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The entry point is around 29.000 euros. That is what the steel Twenty~4 costs at HORANDO, while the classic Calatrava starts at around 36.000 euros.
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Nautilus and Aquanaut in steel are the most expensive entry-level models. A new Aquanaut 5167A costs 99.900 euros with us, a Nautilus 5711/1A 139.900 euros.
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Steel can cost more than gold. For the sports models, the market price is far above the list price, while for complications in gold it is often close to it or below.
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Complications start at around 56.000 euros. An annual calendar is available from this amount, a perpetual calendar from around 89.000 euros.
List Price and Market Price at Patek Philippe
As with Rolex, there are two prices at Patek Philippe. The list price is the price the manufacture sets for a new model and which applies when buying within the Patek network. The market price is the price at which a new, unworn watch is available immediately or at short notice.
For the sports models Nautilus and Aquanaut, the two are far apart. Production is limited and waiting lists are long. According to Wristcheck, the steel Aquanaut trades on the secondary market at around 2.5 times its list price. For many gold complications it is the other way round: They sometimes trade well below list on the secondary market.
All prices in this article are our own prices for new, unworn watches with box and papers, as of 7 November 2026. You can read how we broke this down for Rolex in How Much Does a Rolex Cost in 2026? and for Audemars Piguet in Audemars Piguet Royal Oak: Prices 2026.
How Much Does an Entry-Level Patek Philippe Cost?
The way into the brand leads through two collections. The Twenty~4 is Patek Philippe's ladies' line. The Twenty~4 Automatic in steel, reference 7300/1200A-011, costs 28.900 euros at HORANDO. In rose gold, reference 7300/1200R-001, it is 50.900 euros.
Since 1932, the Calatrava has been the manufacture's classic dress watch. The Calatrava 6119G in white gold with Clous de Paris bezel and manual-winding calibre 30-255 PS costs 35.900 euros with us, in rose gold (6119R) 38.990 euros. Also at 35.900 euros is the Calatrava Weekly Calendar 5212A, one of the few Calatrava references in steel. More about getting started with the brand can be found in Getting Started in the World of Patek Philippe.
How Much Does a Patek Philippe Aquanaut Cost in 2026?
The Aquanaut was launched in 1997 as the sporty sister of the Nautilus. Its hallmarks are the dial with its tropical embossed pattern and the strap made of composite material. The Aquanaut 5167A-001 in steel with a 40.8 mm diameter is the most sought-after model in the line. At HORANDO it costs 99.900 euros. For comparison: In the USA, its list price according to Haute Time is 27.257 US dollars before tax.
The gold versions are hardly more expensive in relative terms. We offer the Aquanaut 5167R in rose gold for 109.900 euros and the Aquanaut 5168G in white gold with 42.2 mm for 103.900 euros. The Aquanaut Chronograph 5968A in steel costs 134.900 euros.
How Much Does a Patek Philippe Nautilus Cost in 2026?
Gérald Genta designed the Nautilus in 1976. Its case with the lateral “ears” and the horizontally embossed dial is today one of the most coveted shapes in watchmaking. The Nautilus 5711/1A in steel costs 139.900 euros at HORANDO. The Nautilus 5726/1A with annual calendar and moon phase is 119.900 euros, the Nautilus 5811/1G in white gold, the current three-hand Nautilus, 164.900 euros.
Anyone looking for a chronograph will find the Nautilus Chronograph 5980/1AR in steel and rose gold for 114.900 euros. We show in detail how Nautilus prices have developed since the Jumbo 3700 in Patek Philippe Nautilus: Price Development, Models and Market Prices 2026. What makes a chronograph technically is explained in What Is a Chronograph?
How Much Do Patek Philippe Complications Cost?
Beyond the sports models, Patek Philippe is known above all for its calendar watches. In 1996 the manufacture presented the first annual calendar in a wristwatch. It only needs to be corrected once a year, at the end of February. The Annual Calendar 5396R in rose gold with 38.5 mm costs 56.070 euros with us, the Annual Calendar 5147G with power reserve indicator 63.490 euros. The Flyback Chronograph Worldtimer 5935A in steel is 69.900 euros.
The Grand Complications form the top of the range. A perpetual calendar also takes leap years into account and does not need to be corrected until the year 2100. We offer the Perpetual Calendar 5327R with moon phase for 88.930 euros. The Perpetual Calendar Chronograph 5270P in platinum costs 235.900 euros, the Alarm Travel Time 5520P 263.940 euros.
Patek Philippe Prices 2026 at a Glance
| Model | Reference | Material | At HORANDO |
|---|---|---|---|
| Twenty~4 Automatic | 7300/1200A-011 | Steel | 28.900 € |
| Calatrava | 6119G | White gold | 35.900 € |
| Annual Calendar Moon Phase | 5396R-011 | Rose gold | 56.070 € |
| Perpetual Calendar Moon Phase | 5327R-001 | Rose gold | 88.930 € |
| Aquanaut | 5167A-001 | Steel | 99.900 € |
| Aquanaut | 5167R-001 | Rose gold | 109.900 € |
| Nautilus Annual Calendar | 5726/1A-014 | Steel | 119.900 € |
| Nautilus | 5711/1A | Steel | 139.900 € |
| Nautilus | 5811/1G | White gold | 164.900 € |
| Perpetual Calendar Chronograph | 5270P-001 | Platinum | 235.900 € |
The pattern is clear: A steel Aquanaut costs more than a perpetual calendar in gold. At Patek Philippe, price does not follow the effort inside the movement but demand. Anyone buying a Patek for its watchmaking gets the most watch for their money among the complications.
Which Patek Philippe for Which Budget?
Up to around 40.000 euros, the way leads to the Twenty~4 and Calatrava. Between 55.000 and 90.000 euros, the calendar watches begin, from the annual calendar to the perpetual calendar. From around 100.000 euros, the world of the sports models Aquanaut and Nautilus opens up, and from around 230.000 euros that of the Grand Complications.
An alternative to new watches are inspected pre-owned watches: Under Certified Pre-Owned Patek Philippe you will find models with a 1-year HORANDO warranty. All available watches of the brand can be found under Patek Philippe, the entire range under Luxury watches. If you have questions about a specific model, we will be happy to advise you personally, by phone or via WhatsApp.
Frequently Asked Questions (FAQ)
How much does an entry-level Patek Philippe cost?
At HORANDO, the entry point is 28.900 euros for the Twenty~4 Automatic in steel (7300/1200A-011). The classic Calatrava 6119G in white gold costs 35.900 euros.
How much does a Patek Philippe Nautilus cost?
The Nautilus 5711/1A in steel costs 139.900 euros at HORANDO, the Nautilus 5726/1A with annual calendar 119.900 euros and the 5811/1G in white gold 164.900 euros.
How much does a Patek Philippe Aquanaut cost?
The Aquanaut 5167A in steel is 99.900 euros at HORANDO, the 5167R in rose gold 109.900 euros. The Aquanaut Chronograph 5968A in steel costs 134.900 euros.
Why is a steel Patek more expensive than a gold one?
Because demand for the Nautilus and Aquanaut in steel far exceeds production. The market price is therefore well above the list price. For gold models and complications, the gap is small or reversed.
Is a Patek Philippe an investment?
For the sought-after sports models, the market price has stayed well above the list price for years. However, there is no guarantee of future increases in value. Anyone buying should above all choose a watch they like.
Sources: HORANDO prices as of 7 November 2026, new watches with box and papers. US list price Aquanaut 5167A according to Haute Time, “Nautilus vs Aquanaut: Patek Philippe Prices in 2026”. Secondary market premiums according to Wristcheck, “Patek Philippe Price List 2026”.
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