Patek Philippe - The New York Watch Auction: NINE New York Saturday, December 9, 2023 | Phillips
  • Manufacturer: Patek Philippe
    Year: 1997
    Reference No: 5038G
    Movement No: 776’302
    Case No: 4’008’451
    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 confirming black dial with Roman numerals, setting pin, numbered envelope, product literature, leather folio, and Patek Philippe automatic winding box.

  • Catalogue Essay

    Released as a limited edition of 500 pieces, the Patek Philippe reference 5038 was released exclusively in white gold, a perpetual calendar wristwatch powered by the firm’s innovative self-winding caliber 240 Q with a micro-rotor.

    With its launch in 1996, over a decade after the introduction of the reference 3940, the 5038 mirrors its sister reference closely, sharing a movement and case shape. However, the reference 5038 adds a bit of flair with its hobnail decorated bezel and a black lacquered dial with white painted Roman numerals.

    The present example is offered with its full set of accessories and preserved in excellent overall condition. For collectors 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.

    View More Works

Σ75

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

1997
36mm Diameter
Case, dial, movement, and clasp signed.

Estimate
$25,000 - 50,000 
CHF22,100-44,300
€22,900-45,800
HK$195,000-390,000
S$33,600-67,200

Sold for $48,260

Contact Specialist

Paul Boutros
Deputy Chairman and Head of Watches, Americas
+1 (212) 940-1293
WatchesNY@Phillips.com
 
Isabella Proia
Head of Sale, New York
+1 (212) 940 1285
iproia@phillips.com

The New York Watch Auction: NINE

New York Auction 9 - 10 December 2023