Important Modern & Vintage Timepieces

Hong Kong, Nov 30, 2025

LOT 148

PATEK PHILIPPE, REF. 5038, PERPETUAL CALENDAR, LIMITED TO 500 PIECES, 18K WHITE GOLD

HKD 150,000 - 250,000

EUR 16,700 - 27,800 / CHF 15,600 - 26,000 / USD 19,400 - 32,200 / JPY 2,980,000 - 4,960,000

A very fine, limited, 18K white gold, self-winding wristwatch with perpetual calendar, moon phase, distinctive beaded bezel, semi-matte black dial and contrasting white Roman numerals. Made in a limited edition of 500 pieces in 1996.


Grading System
Grade: AAA

Excellent

Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original

Brand Patek Philippe

Model Perpetual Calendar

Reference 5038

Year circa 1996

Movement No. 776136

Case No. 4008452

Bracelet PP leather strap with PP 18K white gold deployant clasp

Diameter 36mm.

Caliber 240Q

Weight 63gr. (approx.)

Signature dial, case and movement

Accessories PP winding box, Extract from the Archives (ordered)