Patek Philippe 5396R Annual Calendar with Moon Phase is a watch that feels really special, as a Patek should.

This 2007 model has timeless appeal; the 38mm Calatrava-style case offers perfect proportions for a dress watch, with a thin polished bezel that slopes slightly downward, giving the watch a larger appearance.

At 11.5mm in height, it sits comfortably flat against the wrist, easily sliding under a shirt cuff. The Ref 5396 range is exclusively available in precious metals.

Crafted from 18K rose gold, the Patek Philippe 5396R-001 features an automatic movement powered by the Caliber 324 S QA LU 24H.

The dial with blue sector dividers and blued steel feuille hands is adorned with a two-tone silver finish. It displays the day and month in twin apertures at 12 o’clock, a central time display with a sweep second hand, and a sub-dial at 6 o’clock incorporating both the moon-phase and a 24-hour indicator.

The date is presented through an aperture at 6 o’clock, completing the attractive layout.

The case back reveals a sapphire crystal that offers a clear view of the meticulously finished movement. The Manufacture Calibre 324, known from several notable Patek models, including the Nautilus Ref 5726, features a 21K rose gold rotor and a power reserve of approximately 45 hours.

The movement includes Patek’s patented Gyromax balance and Spiromax balance spring, housed within the 5.78mm high calibre, which is made up of 347 components.

This watch is incredibly comfortable on the wrist. It is accompanied by a brown crocodile strap and secured with an 18K rose gold deployant clasp adorned with the iconic Calatrava cross.

It comes with its original Patek Philippe Piano Wood Display box which has some marks and slight scratches, Rose Gold Patek Stylus Pin Pusher is in cushion, a copy of the Patek archives, the purchase receipt and valuations from Armour-Winston Limited are also included.

The watch was inspected and polished by a specialist watchmaker in 2024, who has ensured all functions and timekeeping are working well.

This 18K rose gold Patek Philippe Calatrava Annual Calendar 5396R is the perfect dress watch with practical complications, suitable for daily wear. Despite how attractive this watch is, it remains relatively under-appreciated in the market, making it a unique and special addition to any collection.