Important Modern & Vintage Timepieces · 31 May 2025

Patek Philippe Ref 438

Patek Philippe Ref 438

Patek Philippe · reference 438

Antiquorum, May 2025

Hammer result

HKD 65,000

about $8,290 at today's rate

Beat the high estimate by 8%
Low estimate HKD 30,000
High estimate HKD 60,000
In USD $3,826 to $7,652

The lot

Auction house

Antiquorum

Sale

Important Modern & Vintage Timepieces

Date

31 May 2025

Lot number

37

Reference

438

Brand

Patek Philippe

Ask against realised

$32,000 dealers ask from vs $8,290 this lot made

Across 1 dealer listing of reference 438. The ask is what a dealer wants today, not a sale.

What this reference has made at auction

13 confirmed sales, 1992 to 2026

Average realised price per year, 1992 to 2026. Low $3,277, high $21,590.

YearSalesAverageRange
2026 1 $21,590 $21,590 to $21,590
2025 2 $9,347 $8,290 to $10,405
2024 3 $10,629 $5,500 to $20,632
2021 1 $6,124 $6,124 to $6,124
2012 1 $6,000 $6,000 to $6,000
2011 1 $6,348 $6,348 to $6,348
2010 1 $8,750 $8,750 to $8,750
2005 1 $12,574 $12,574 to $12,574
1992 2 $3,277 $12.57 to $6,542

Confirmed sales only, converted to USD at today's rate so salerooms in different currencies can be compared. Unsold lots and withheld prices are excluded from the averages.

Other sales of this reference

8 shown, most recent first

WatchHouseDateResult
PATEK PHILIPPE, HIGHLY RARE STAINLESS STEEL ‘CALATRAVA’ WITH Christie's Jun 2026 USD 21,590 ($21,590)
Patek Philippe. An 18K gold manual wind wristwatch Calatrava Bonhams Sep 2025 GBP 7,680 ($10,405)
Patek Philippe Calatrava 438 Champagne Stick Dial 18k YG Loupe This Dec 2024 USD 5,500 ($5,500)
Patek Philippe Calatrava 438 Breguet Luminous Dial and Hands Loupe This Aug 2024 USD 20,632 ($20,632)
Patek Philippe Ref 438 Antiquorum Jun 2024 HKD 45,000 ($5,755)
Patek Philippe Ref. 438, small water-resistant; “Calatrava”; Antiquorum Mar 2021 HKD 47,500 ($6,124)
PATEK PHILIPPE REF. 438 BREGUET NUMERALS, STEEL, RETAILED BY Antiquorum Jun 2012 USD 6,000 ($6,000)
PATEK PHILIPPE, REF. 438, BREGUET NUMERALS Patek Philippe & Antiquorum Nov 2011 CHF 5,750 ($6,348)
Sourcing request

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