Patek Philippe
5204P-011 | Grand Complication

  • Collection: Grand Complication
  • Model reference: 5204P-011
  • Case/Size: Platinum, 40mm
  • Dial: Black
  • Movement: Manual-winding
  • Functions: Perpetual calendar, Split seconds chronograph
  • Specificity: Additional platinum case-back
  • Condition: Excellent
  • Price: Upon Request

$ 298,000

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The lineage of the “Perpetual Calendar Split-Seconds” Grand Complications goes back to reference 5004 which was produced from 1994 to 2012, it is in essence a 3970 but with a split-second function also called in French ‘Rattrapante‘ (a chronograph function with two seconds hand superimposed one on top of the other, its used to measure two different event that start but don’t end together), that “little” add-on was so complicated to manufacture that they were making only a few pieces a year.  A prowess of technical mastery which explains the low number of watches in circulation.

Made in yellow, rose and white gold as well as in platinum, it remains altogether a rare reference in any metal since total production was of a few hundred pieces only. Among them, the rarest and most expensive of them all was a very unique piece made in titanium with grey dial and a red second’s hand made for the 2013 ‘Only Watch’ charity auction, which was hammered for a staggering 3 Million Euros contributing close to two-thirds of the overall proceeds.

In 2012, Patek Philippe replaced reference 5004 with the new, slightly slimmer reference 5204 with a few technical enhancements. Which was then succeeded by 5372P in 2017.


The present reference 5204P-011 black dial was launched in 2014.  Although not official, it was launched alongside Patek Philippe’s 175th anniversary collection.

The 40.2mm platinum case displays the perpetual calendar functions, namely the day, date, month, leap year, day/night and moonphase indicators, and a chronograph with split-second function, all laid out neatly marked in white on an incredibly gorgeous matte black opaline dial. It is one of the few modern Pateks with hacking seconds – a little geeky touch adding to the collectors’ appreciation.

On the movement side is the breathtaking Patek Philippe in-house calibre 29 535PS Q featuring 2 column wheels and a gyromax balance. The meticulous finishing on each component of the movement is simply incredible with a combination of black polishing and chamfering on the edges of levers and bridges, all dancing in rhythm to the play of light.

Offered on black hand-stitched alligator strap with spring bars giving the flexibility to swap straps easily, it is accompanied by a platinum deployant clasp.

We forget to mention how rare this timepiece is getting day by day since it has been discontinued.
Our set is complete and comes with original papers, case-back as well as it’s box.


Patek Philippe – Bio

Patek Philippe & Co. was founded in 1839, located in Geneva and the Vallée de Joux. It designs and manufactures timepieces and movements, including some of the most complicated mechanical watches. It is considered by many experts and aficionados to be one of the most prestigious watch manufacturers.
In 1868, Patek Philippe made their first wristwatch, which was sold on November 13, 1876 to the Hungarian Countess.
It is the last independent, family-owned Genevan watch manufacture with uninterrupted operating history spanning nearly 180 years.

Additional information


Accompanied by a leather folder with pictures and instructions, folder outer packaging, additional case back, setting pin, leather wallet, product literature, special wooden presentation box