As Watches & Wonders Geneva 2026 approaches, speculation intensifies over how Patek Philippe will commemorate the Nautilus's golden 50th anniversary. But the signals have been clear for years—if you know where to look. Between Thierry Stern's public statements, the discontinuation theater, and the strategic repositioning through the Cubitus, Patek has telegraphed exactly what collectors should expect. And more importantly, what they shouldn't.