Reference
Patek Philippe Perpetual Calendar
Reference 3448 · 18k Yellow Gold
The lowest current ask for the Patek Philippe Perpetual Calendar (ref. 3448) is $47,500 at Watch Collectors Uk, among 12 live listings we track. The auction record is $2,759,000 (Christie's New York, 2026). Updated August 28, 2026. View lowest ask →
Track Patek Philippe 3448
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About this reference
Produced between 1962 and approximately 1981, the Patek Philippe Reference 3448 was the manufacture’s first automatic perpetual calendar wristwatch. Collectors prioritize this reference for its Caliber 27-460 Q movement and its 37.5mm "Padellone" case, characterized by sharp, angular lugs and a minimalist dial layout featuring day and month apertures at twelve o'clock. Approximately 586 total examples were made, with the vast majority cased in 18k yellow gold. Secondary market prices for yellow gold specimens typically range from $300,000 to over $500,000 depending on condition and dial series. Four distinct dial variations exist, distinguished by the typography and the presence of a leap year indicator on later versions. A notable production rarity is the "Senza Luna" variant, which lacks a moon phase complication; one such example achieved a hammer price exceeding $1.1 million at a 2017 Christie’s auction.
Hammer prices over time
Each dot is a documented public auction sale; click to view the lot. Dashed line marks the current asking median across live listings.
Auction track record
5 documented sales since 2019. Top hammer $2,759,000 at Christie's New York in 2026. Median hammer: $1,300,000.
Ranks #30 of 87 Patek Philippe auction lots we track — see all Patek Philippe records.
Live inventory matching this reference
Patek Philippe
Perpetual Calendar Minute Repeater | 5074P-001 | Platinum
Ref. 5074P-001 · Platinum
AED 2.05M
Patek Philippe
Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 40931035 · Stainless Steel
AED 1.01M
Patek Philippe
Patek Philippe Perpetual Calendar Chronograph
Ref. 40931032 · Stainless Steel
AED 991k
Patek Philippe
Patek Philippe Perpetual Calendar Chronograph
Ref. 40931094 · Stainless Steel
AED 916k
Patek Philippe
Patek Philippe Perpetual Calendar Chronograph 5270P-014
Ref. 5270P-014 · Platinum
AED 789k
Patek Philippe
Patek Philippe Perpetual Calendar 5236P-001
Ref. 5236P-001 · Platinum
AED 404k
Patek Philippe
Patek Philippe Perpetual Calendar
Ref. 40930788 · Stainless Steel
AED 330k
Patek Philippe
Patek Philippe Perpetual Calendar
Ref. 40930741 · Stainless Steel
AED 310k
Patek Philippe
Patek Philippe Retrograde Perpetual Calendar
Ref. 40930510 · Stainless Steel
AED 293k
Patek Philippe
Patek Philippe Perpetual Calendar
Ref. 40930914 · Stainless Steel
AED 292k
Patek Philippe
Patek Philippe Tonneau Perpetual Calendar
Ref. 40931033 · Stainless Steel
AED 288k
Patek Philippe
Patek Philippe Retrograde Perpetual Calendar
Ref. 40930512 · Stainless Steel
AED 238k
Patek Philippe
Patek Philippe Annual Calendar Moonphase
Ref. — · Stainless Steel
AED 211k
Patek Philippe
Patek Philippe Retrograde Perpetual Calendar
Ref. 40931004 · Stainless Steel
AED 208k
Patek Philippe
Patek Philippe Tonneau Perpetual Calendar
Ref. 40931078 · Stainless Steel
AED 202k
Patek Philippe
Patek Philippe Perpetual Calendar
Ref. 40930733 · Stainless Steel
AED 202k
Patek Philippe
Patek Philippe Perpetual Calendar | REF. 3940 | 18k Yellow G
Ref. 3940 · 18k Yellow Gold
AED 174k
Patek Philippe
Patek Philippe Calatrava
Ref. — · Stainless Steel
AED 88k
Patek Philippe
Perpetual Calendar Chronograph | 3970E | Platinum
Ref. 3970E · Platinum
AED 1.25M
Sold · archive
Patek Philippe
2010 Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 5970P · Platinum
AED 1.17M
Sold · archive
Patek Philippe
2008 Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 5970J · Stainless Steel
AED 918k
Sold · archive
Patek Philippe
Patek Philippe Split Seconds Perpetual Calendar
Ref. 40930655 · Stainless Steel
AED 916k
Sold · archive
Patek Philippe
Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 40930654 · Stainless Steel
AED 734k
Sold · archive
Patek Philippe
Patek Philippe Split Seconds Perpetual Calendar
Ref. 40930776 · Stainless Steel
AED 716k
Sold · archive
All documented hammer prices
For this reference (and close variants).
| Lot | Year | Hammer | Venue |
|---|---|---|---|
| 3448 · Perpetual Calendar 'Senza Luna' | 2023 | $2,500,000 | Christie's Geneva |
| 3448 · Perpetual Calendar 'Padellone' | 2019 | $1,155,000 | Christie's New York |
| 3448/14 · Perpetual Calendar Gübelin | 2020 | $483,750 | Phillips Hong Kong |
| 3448 · Perpetual Calendar Ref. 3448 | 2026 | $1,300,000 | Christie's Geneva |
| 3448G · Perpetual Calendar 'Red Dot' Ref. 3448G | 2026 | $2,759,000 | Christie's New York |