Introduction
Famed for their exploits in the complicated side of watchmaking, Patek Philippe’s reputation as one of the best watchmakers in the world is something that serves as no surprise. Firmly rooted within the so-called “Holy Trinity,” it is timepieces like this Perpetual Calendar Moonphase ref. 5039R that maintains Patek Philippe ‘s place at the zenith of watchmaking. Launched as the successor to the ref. 3940, the ref. 5039 had big boots to fill, and fill them it did. Produced between 1994 and 2007, the ref. 5039 was popularized for the distinctive hobnail-textured bezel that adds an elegant sense of structure to its otherwise-reserved 35mm circular case. Sitting rather thin at just 9mm tall, the ref. 5039 showcases Patek’s ability to pack a lot of watchmaking inside of a small watch, with its silvered dial boasting subdials for its day, date, month, leap year, moonphase, and 24-hour indicators. Powered by the automatic cal. 240/114 movement, the ref. 5039 showcases splendid finishing behind its exhibition caseback and across its architecture. Wound via a micro-rotor, it shows off as much mechanics as possible. Reminiscent of Patek’s vintage timepieces thanks to its svelte sizing and mid-century styling, the ref. 5039 has become a true classic amongst collectors, and for very good reason.
Loupe This Scorecard
Grade
M 8.5
Status
Vetted & Approved
Included
Additional Caseback, Extract of the Archives
Est. value range
$30,000 – $40,000
The Details
Brand
Patek Philippe
Dimensions
35mm x 9mm
Model
Perpetual Calendar Moonphase
Movement
Automatic cal. 240/114
Reference
5039R
Bracelet
Leather strap
Year
1996
Condition
Excellent
Material
18kt rose gold
Included
Additional Caseback, Extract of the Archives
Dial Color
Silver

THE DIAL
Featuring a silver dial with rose gold applied dagger-shaped indices and dauphine hands, the ref. 5039R's display fits its 18kt rose gold case perfectly.

THE CONSTRUCTION
Restrained in size, the ref. 5039R's 35mm construction still manages to make an impact on the wrist thanks to its hobnail-textured bezel.

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. Please note that while the watch is ticking at time of cataloging, timekeeping is very poor and a service is needed.
Condition
Watch is in excellent cosmetic condition. Case is strong with sharp hallmarks and only minor signs of surface wear. Dial is in excellent condition with little signs of aging. Watch comes with original deployant buckle, second caseback and Extract of the Archives. Please note that while the watch is ticking at time of cataloging, timekeeping is very poor and a service is needed.
Please Note: Due to CITES considerations, if the watch is to be shipped outside of the USA, the exotic skin strap will have to be removed.
Our Perspective
Everything that Patek collectors have come to cherish distilled within one timepiece, the ref. 5039R's complex movement, reserved silver dial, impressive finishing, and immaculately executed construction combine to create the epitome of what Patek Philippe stands for to watch enthusiasts.




















