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Lot #2689

Patek Philippe Annual Calendar Moonpahse 5396R-001 Retailed by Tiffany & Co.

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Introduction

Renowned for their groundbreaking innovations in watchmaking, Patek Philippe holds an indisputable position as one of the most esteemed watchmakers to ever grace the industry. Central to their array of complications is the iconic annual calendar, a balance between the complex perpetual calendar and the triple calendar. The inaugural model, the ref. 5035, debuted in 1996, marking Patek Philippe's recognition of the need for an intermediate calendar. The watch we have here, however, is a modern interpretation of the ref. 5035, the Annual Calendar ref. 5396 which was debuted in 2006. Made of 18kt rose gold, the ref. 5396R features a 38.5mm x 11.2mm Calatrava-style case and a polished bezel that exudes understated elegance and sits comfortably on the wrist. Notable for its symmetrical dial layout in sunburst brown, on which this example also features with the illusive Tiffany & Co. stamp, the ref. 5396R features day and month apertures at 12 o’clock, a central time display, a sub-dial with moon-phase and 24-hour indicator, and a perfectly positioned date window at 6 o'clock. Its overarching design echoes the classic ref. 3448 from the 1960s, showcasing a timeless and elegant aesthetic. This Patek Philippe ref. 5396R-001 Annual Calendar emerges as a compelling modern dress watch, combining simplicity, mechanical complexity, and classic appeal in perfect harmony.

Loupe This Scorecard

Grade

M 9

Status

Vetted & Approved

Included

Box and Papers

Est. value range

$40,000 – $60,000

The Details

Brand

Patek Philippe

Dimensions

38.5mm x 11.2mm

Model

Complications Annual Calendar

Movement

Automatic cal. 324 S QA LU 24H/303

Reference

5396G-001

Bracelet

18kt rose gold bracelet

Year

2015

Condition

Near-Mint

Material

18kt rose gold

Included

Watch, box and papers

Dial Color

Brown soleil

THE DIAL
THE DIAL

Designed in perfect balance and harmony, the ref. 5396R features a brown sunburst dial that is completely symmetrical, which underscores how complex its automatic movement is, while also perfectly matching its rose gold construction. Additionally, this example feature the incredible rare Tiffany & Co. stamp which designates this piece as a watch that was originally sold to a VIP through Tiffany's AD network.

THE CONSTRUCTION
THE CONSTRUCTION

Purposefully designed as an understated timepiece, the ref. 5396R features a Calatrava-style case with the collection's signature flat bezel and small crown that allow it to sit on the wrist just like how a traditional time-only dress watch should. Additionally, this example is offered on a bracelet instead of the usual leather strap, adding to its heft and wrist presence.

TIMING MACHINE READOUT
TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in near-mint overall condition. There are minor signs of use, including a few visible surface scuffs and scratches, primarily on the bezel and bracelet links. Dial near-mint with no visible flaws. Watch is currently sized for a 6 1/4" wrist, but the removed links are included with the watch.

Our Perspective

An impressively complex timepiece that features a complication that Patek has been famed for popularising, the ref. 5396R is an iconic member of Patek's Complications collection, and for very good reason.

Sam Hines

Managing Director