Patek Philippe · reference 438
Bonhams, September 2025
Hammer result
GBP 7,680
about $10,405 at today's rate
Beat the high estimate by 28%The lot
Auction house
Bonhams
Sale
Bonhams 2025-09
Date
10 September 2025
Lot number
30
Reference
438
Brand
Patek Philippe
Year
1955
Ask against realised
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.
| Year | Sales | Average | Range |
|---|---|---|---|
| 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
| Watch | House | Date | Result |
|---|---|---|---|
| PATEK PHILIPPE, HIGHLY RARE STAINLESS STEEL ‘CALATRAVA’ WITH | Christie's | Jun 2026 | USD 21,590 ($21,590) |
| Patek Philippe Ref 438 | Antiquorum | May 2025 | HKD 65,000 ($8,290) |
| 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) |
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