Important Modern and Vintage Timepieces · 26 February 2011

Patek Philippe Ref. 5038 Limited Edition Patek Philippe, Genève, movement No. 776210, case No

Patek Philippe Ref. 5038 Limited Edition Patek Philippe, Genève, movement No. 776210, case No. 4008433, Ref. 5038. Made in a limited edition of 500 examples in 1996, sold on September 22, 1997. Very fine and very rare, self-winding, 18K white gold wristwatch with perpetual calendar, moon phases, and an 18K white gold Patek Philippe deployant clasp. Accompanied by a Patek Philippe box, setting tool and certificate of origin.

Patek Philippe · reference 5038

Antiquorum, February 2011

Hammer result

HKD 337,500

about $43,306 at today's rate

4% below the high estimate
Low estimate HKD 270,000
High estimate HKD 350,000
In USD $34,645 to $44,910

The lot

Auction house

Antiquorum

Sale

Important Modern and Vintage Timepieces

Date

26 February 2011

Lot number

439

Reference

5038

Brand

Patek Philippe

Accompanied by

box and papers

Ask against realised

$48,000 dealers ask from vs $43,306 this lot made

Across 1 dealer listing of reference 5038. The ask is what a dealer wants today, not a sale.

What this reference has made at auction

20 confirmed sales, 2009 to 2026

Average realised price per year, 2009 to 2026. Low $1,250, high $49,182.

YearSalesAverageRange
2026 2 $36,429 $35,978 to $36,880
2025 1 $38,537 $38,537 to $38,537
2024 3 $39,037 $32,425 to $46,323
2021 1 $36,075 $36,075 to $36,075
2020 1 $34,776 $34,776 to $34,776
2017 1 $32,637 $32,637 to $32,637
2016 1 $1,250 $1,250 to $1,250
2013 2 $42,911 $40,672 to $45,149
2012 2 $42,842 $41,935 to $43,750
2011 4 $49,182 $43,306 to $56,250
2010 1 $47,480 $47,480 to $47,480
2009 1 $40,800 $40,800 to $40,800

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 | GRAND COMPLICATIONS, REF.5038, A LIMITED ED Bonhams Jun 2026 AUD 51,660 ($36,880)
Reference 5038 | A limited edition white gold perpetual cale Sotheby's Mar 2026 HKD 281,600 ($35,978)
Patek Philippe Ref 5038 Perpetual Calendar Antiquorum Nov 2025 HKD 300,000 ($38,537)
Reference 5038 | A limited edition white gold perpetual cale Sotheby's Oct 2024 HKD 360,000 ($46,323)
Patek Philippe Ref 5038 Antiquorum Jun 2024 HKD 300,000 ($38,364)
Reference 5038 | A limited edition white gold perpetual cale Sotheby's Apr 2024 HKD 254,000 ($32,425)
PATEK PHILIPPE. A VERY RARE 18K WHITE GOLD LIMITED SERIES AU Christie's May 2021 CHF 32,500 ($36,075)
PATEK PHILIPPE, REF. 5038, PERPETUAL CALENDAR, WHITE GOLD Antiquorum Nov 2020 CHF 31,250 ($34,776)
Sourcing request

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