Patek Philippe Prices Decreased, Here’s By How Much

It’s not often that luxury watch brands lower retail prices. Yet in a rare move, Patek Philippe prices decreased on February 1, 2026. The Geneva-based manufacture reduced MSRPs across most of its catalog but only in the United States. In other markets, prices moved in the opposite direction. The adjustment reflects shifting U.S. import tariffs over the past year. With duties on Swiss imports now settled at 15%, replacing the previous additional tariff of 39%, Patek Philippe recalibrated pricing for the American market. Below, we compare last year’s MSRPs with current figures to see the exact extent of the 2026 Patek Philippe price decreases.

Nautilus Price Changes

Within the Nautilus collection, most references declined by approximately 8.5% following the February 2026 U.S. pricing adjustment. From time-only models to perpetual calendars and high jewelry executions, the reductions were largely consistent, with only a high jewelry piece with a smaller 3.4% change.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Nautilus Date, Sweep Seconds	5811/1G-001	$89,767	$82,021	8.63%.
Nautilus Perpetual Calendar	5740/1G-001	$194,754	$178,045	8.58%
Nautilus Moon Phases	5712/1R-001	$106,838	$97,650	8.60%
Nautilus Annual Calendar, Moon Phases	5726/1A-014	$68,712	$62,766	8.65%
Nautilus Annual Calendar, Moon Phases	5726A-001	$62,310	$57,015	8.50%.
Nautilus Flyback Chronograph	5980/60G-001	$98,160	$89,773	8.54%
Nautilus Flyback Chronograph Travel Time	5990/1A-011	$84,076	$76,895	8.54%
Nautilus Flyback Chronograph Travel Time	5990/1R-001	$152,503	$139,410	8.59%
Nautilus High Jewelry	5811/1460G-001	$747,252	$721,986	3.38%
Ladies Nautilus Automatic	7118/1A-001	$39,264	$35,884	8.61%
Ladies Nautilus Automatic	7118/1200A-001	$50,076	$45,762	8.61%
Ladies Nautilus Automatic	7118/1R-001	$74,687	$68,268	8.59%
Ladies Nautilus Quartz	7010/1G-013	$72,411	$66,142	8.66%

Aquanaut Price Changes

The Aquanaut collection follows a nearly identical pattern, with most references decreasing by roughly 8.6% in the U.S. Stainless steel, rose gold, and travel time models all saw consistent adjustments, while select high-jewelry executions recorded smaller percentage changes around 3.4%.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Aquanaut Date	5167A-001	$29,875	$27,257	8.76%
Aquanaut Date	5167R-001	$58,612	$53,514	8.70%
Aquanaut Travel Time	5164G and 5164R	$78,386	$71,643	8.60%
Aquanaut “Jumbo”	5168G	$63,306	$57,890	8.56%
Aquanaut Chronograph	5968A-001	$67,574	$61,766	8.60%
Aquanaut Chronograph	5968G and 5968R	$97,306	$88,898	8.64%
Aquanaut Annual Calendar, Moonphases	5261R-001	$79,239	$72,394	8.64%
Aquanaut Luce	5267/200A	$26,888	$24,632	8.39%
Aquanaut Luce “Rainbow” Chronograph	7968/300R-001	$273,282	$249,813	8.59%
Aquanaut Luce “Rainbow” Minute Repeater	5260/355R-001	$1,224,387	$1,182,998	3.38%
Aquanaut Luce “Rainbow” Minute Repeater	5260/1455R-001	$3,688,935	$3,564,163	3.38%

Cubitus Price Changes

As the newest addition to Patek Philippe’s catalog, the Cubitus collection underwent a similar adjustment pattern, with most references decreasing by approximately 8.6% in the U.S. market. The reductions are consistent across both steel and precious metal executions, as well as time and date to the complicated model.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Cubitus, Date Sweep Seconds	5821/1A-001	$49,791	$45,512	8.59%
Cubitus, Date Sweep Seconds	5821/1AR-001	$75,114	$68,643	8.61%
Cubitus, Date Sweep Seconds	7128/1G-001	$92,469	$84,522	8.59%
Cubitus, Date Sweep Seconds	7128/1R-001	$92,469	$84,522	8.59%
Cubitus, Date, Day, Moon Phase,	5822P-001	$106,695	$97,525	8.59%

Calatrava Price Changes

Across the Calatrava lineup, most references declined by approximately 8.5% in the U.S., with adjustments consistent across both classic time-only models and more contemporary executions.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Date, Sweep Seconds	5226G-001	$51,641	$47,262	8.48%
Date, Sweep Seconds	5227G, 5227R, and 5227J	$51,641	$47,262	8.48%
Date, Sweep Seconds	6007G	$48,511	$44,387	8.50%
Small Seconds	6119G and 6119R	$40,971	$37,510	8.45%
Small Seconds	6196P-001	$56,904	$52,013	8.60%
Ladies’ Time-Only	7200R-001	$41,114	$37,635	8.46%

Gondolo and Golden Ellipse Price Changes

The Gondolo and Golden Ellipse collections followed a similar pattern, with most references decreasing by approximately 8.6% in the U.S. market. As seen elsewhere, select Rare Handcraft show smaller percentage adjustments.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Golden Ellipse	5738/1R-001	$74,402	$68,017	8.58%
Golden Ellipse	5738R-001	$47,089	$43,011	8.66%
Golden Ellipse, Rare Handcraft	5738/51G-001	$95,898	$92,691	3.34%
Golden Ellipse	5738P-001	$71,984	$65,767	8.64%
Gondolo, Small Seconds	7041R-001	$46,377	$42,386	8.61%
Gondolo Serata	4962/200R-010	$51,641	$47,262	8.48%

Patek Philippe Prices Decreased – Complications

Within the Complications category, most references declined by roughly 8.5% to 8.7% in the U.S. market. From annual calendars and travel time models to chronographs and world timers, the pricing adjustments were broadly consistent across this segment.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
8-Day Power Reserve, Instantaneous Day and Date	5328G-001	$85,356	$78,020	8.59%
Calatrava Weekly Calendar	5212A-001	$47,231	$43,136	8.67%
Annual Calendar, Moon Phases	5205G and 5205R	$73,549	$67,267	8.54%
Annual Calendar, Moon Phases	5396G-017	$78,528	$71,768	8.61%
Annual Calendar, Moon Phases	4946R-001	$66,863	$61,141	8.56%
Annual Calendar, Moon Phases	4947/1A-001	$63,306	$57,890	8.56%
Annual Calendar, Travel Time	5326G-001	$100,721	$92,023	8.64%
Chronograph	5172G	$106,269	$97,150	8.58%
Flyback Chronograph, Annual Calendar	5905/1A-001	$78,386	$71,643	8.60%
Flyback Chronograph, Annual Calendar	5905R-010	$96,311	$88,022	8.61%
24-Hour Display, Travel Time	5224R-001	$73,549	$67,267	8.54%
Calatrava Pilot Travel Time	5524G	$73,549	$67,267	8.54%
World Time, Rare Handcraft	5231G-001	$117,507	$107,402	8.60%
World Time, Date	5330G-001	$94,746	$86,647	8.55%
World Time, Flyback Chronograph	5930P-001	$129,457	$118,280	8.63%
World Time, Flyback Chronograph	5935A-001	$78,386	$71,643	8.60%
Calatrava Pilot Travel Time, Flyback Chronograph	5924G	$97,022	$88,648	8.63%

Patek Philippe Prices Decreased – Grand Complications

Within the Grand Complications category, the percentage adjustments are more varied. While many perpetual calendars and split-seconds chronographs declined by roughly 8.6%, several minute repeaters and ultra-high-end pieces saw smaller percentage shifts closer to 3%. Unsurprisingly, the Grand Master Chime saw the lowest price decrease. In absolute dollar terms, however, the reductions are significant.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Perpetual Calendar	5320G-011	$125,047	$114,279	8.61%
Perpetual Calendar	5327G and 5327R	$132,018	$120,656	8.61%
In-Line, Perpetual Calendar	5236P	$170,712	$156,039	8.60%
Retrograde Perpetual Calendar, Rare Handcrafts	5160/500R-001	$243,273	$235,006	3.40%
Retrograde Perpetual Calendar	6159G-001	$142,260	$130,033	8.59%
Chronograph Perpetual Calendar	5270/1R-001	$287,650	$262,941	8.59%
Chronograph Perpetual Calendar	5270J-001	$240,278	$219,680	8.57%
Chronograph Perpetual Calendar	5270P-014	$265,315	$242,561	8.58%
1/10th of a Second Monopusher Chronograph	5470P-001	$549,369	$530,820	3.38%
Split-Seconds Chronograph Perpetual Calendar	5204G-001	$416,822	$380,971	8.60%
Split-Seconds Chronograph	5370R-001	$348,537	$318,580	8.60%
Left-Handed Split-Seconds Monopusher Chronograph Perpetual Calendar	5373P-001	$698,819	$675,191	3.38%
Celestial	6102R-001	$425,073	$388,598	8.58%
Celestial	6102P-001	$431,048	$393,974	8.60%
Alarm, Travel Time	5520RG-001	$320,797	$293,199	8.60%
Minute Repeater, Handcrafts	5178G-012	$619,528	$598,570	3.38%
Minute Repeater, Tourbillon	5303R-001	$936,556	$904,926	3.38%
Minute Repeater, Split-Seconds Chronograph, Instanttaneous Perpetual Calendar	5308G-001	$1,452,990	$1,403,862	3.38%
Minute Repeater, Tourbillon, Retrograde Perpetual Calendar	5316/50P-001	$1,159,625	$1,120,390	3.38%
Minute Repeater, Perpetual Calendar	5374G-001	$929,222	$897,855	3.38%
Minute Repeater, World Time	5531G-001	$854,774	$825,862	3.38%
Grande and Petite Sonnerie, Minute Repeater	6301P-001	$1,707,610	$1,649,923	3.38%
Grandmaster Chime	6300GR-001	$3,688,935	$3,582,168	2.89%

Twenty~4 Price Changes

The Twenty~4 collection had the same general pricing pattern, with most references declining by approximately 8.5% in the U.S. market. Both quartz and automatic models saw consistent adjustments, including the perpetual calendar variant.

Model	Reference	Pre-Decrease Price	Current Price	% Decrease
Twenty~4, Quartz	4910/1200A	$19,632	$18,005	8.29%
Twenty~4, Quartz	4910/1201R	$58,896	$53,889	8.5%
Twenty~4, Automatic	7300/1200A	$35,992	$32,884	8.64%
Twenty~4, Automatic	7300/1200R	$65,298	$59,640	8.66%
Twenty~4, Perpetual Calendar	7340/1R	$145,106	$132,659	8.58%

Patek Philippe Prices Decreased

As the tables above show, Patek Philippe prices decreased across nearly the entire U.S. catalog in February 2026, with most references declining by roughly 8.5%. While select high-complication and rare handcraft pieces saw smaller percentage adjustments, the overall recalibration reflects the shift in U.S. import tariffs rather than a broader pricing reset.

With tariff policies still evolving, it remains unclear where pricing will settle longer term, but for now, American buyers are seeing a rare Patek price decrease at retail.

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