Patek Philippe - The Hong Kong Watch Auction: XV Hong Kong Monday, November 28, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 1997
    Reference No: 5038
    Movement No: 776’162
    Case No: 4’008’379
    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 a blank Patek Philippe Certificate of Origin, instruction manual, product literature, setting pin, leather folio, outer packaging and fitted winding presentation box.

  • Catalogue Essay

    Released as a limited edition of 500 pieces, the Patek Philippe ref. 5038 in white gold is a perpetual calendar wristwatch with powered by the firm’s innovative self-winding cal. 240 Q equipped with a micro-rotor. While the firm’s very first self-winding perpetual calendar wristwatch was released in 1962 via the important ref. 3448, the firm has continuously released quality perpetual calendar references over the decades including the much-loved ref. 3940.

    The ref. 5038 launched in 1996 embodies the essence of the ref. 3940 from caliber to case design. However, the ref. 5038 packs a bit of identity due to its hobnail decorated bezel and a black lacquered dial with white painted Roman numerals. One of the most undervalued perpetual calendar references by the firm, the ref. 5038 was only ever produced in white gold.

    The present example is offered with its full set of accessories and preserved in excellent overall condition. For collector’s looking to acquire a handsome and rare perpetual calendar by Patek Philippe, this is the perfect option.

  • Artist 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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Σ937

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

Circa 1997
36mm diameter
Case, dial, movement and clasp signed

Estimate
HK$200,000 - 350,000 
€26,100-45,700
$25,600-44,900

Sold for HK$302,400

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
[email protected]

The Hong Kong Watch Auction: XV

28 - 29 November 2022 (Online Registration ends 27 Nov, 2pm HKT)