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  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5038
    Movement No: 776’254
    Case No: 4’008’467
    Material: 18K white gold
    Calibre: Automatic, cal. 240 Q, 27 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K white gold Patek Philippe deployant clasp
    Dimensions: 36mm diameter
    Signed: Case, dial, movement and clasp signed
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated February 1998 stamped Patek Philippe S.A. Paris, Patek Philippe limited edition Certificate, instruction manual, product literature, hang tag, leather folio and fitted winding presentation box. Further delivered with a Patek Philippe Extract from the Archives confirming its date of manufacture of the present timepiece in 1997 and its subsequent date of sale on 27th August 1997.

  • Catalogue Essay

    Initially launched in 1962, Patek Philippe released the world’s first self-winding perpetual calendar wristwatch via the coveted ref. 3448. In 1996, the firm launched a limited edition self-winding perpetual calendar ref. 5038, in white gold only. Retaining a rather traditional and elegant round-shaped case similar to the ref. 3940, the limited edition reference features a desirable hobnail bezel adding some flare to the perpetual calendar timepiece. Contrasting beautifully against the white gold case is a wonderful black lacquered dial with painted white Roman numerals providing the wearer with enhanced legibility while retaining its clean aesthetics.

    Offered in attractive overall condition, the present example Patek Philippe ref. 5038 is further charmed by its original Certificate of Origin, a limited edition Certificate from Patek Philippe as well as its original fitted winding presentation box. One of the most undervalued perpetual calendar timepieces manufactured by the firm from the 1990s.

  • Maker Biography

    Patek Philippe

    Swiss • 1839

    Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.

    Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.

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Ref. 5038
A fine and attractive limited edition white gold perpetual calendar wristwatch with moon phases, leap year indication, hobnail bezel, Roman numerals, Certificate of Origin and presentation box, limited edition of 500 pieces


36mm diameter
Case, dial, movement and clasp signed

HK$195,000 - 280,000 

Sold for HK$277,200

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2031

[email protected]

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020