IF YOU’D BEEN fortunate enough to snag a basic steel Patek Philippe Nautilus 5711/1A-010 in 2016, you’d have paid £16,340 (or £20k-ish for a grey market model – there were dealer waiting lists). In the insanity of the 2022 post-plague watch bubble, you could have sold the same watch for nearly £136,000 more. Today, you’d still pay £75,000.
This is all splendid if you’re unnaturally prescient, loaded or have a time machine. But if, like the rest of us, you are