Reference
Patek Philippe Tourbillon Minute Repeater Perpetual Calendar
Reference 5016 · 18k Pink Gold
Track Patek Philippe 5016
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About this reference
Produced between 1993 and 2011, the Patek Philippe Reference 5016 was the manufacture’s most complicated wristwatch until the introduction of the Sky Moon Tourbillon. This reference integrates a minute repeater, a tourbillon, and a perpetual calendar with a retrograde date mechanism. The 36.8mm 18k pink gold case houses the manual-wind Caliber R TO 27 PS QI, which consists of 506 components. Collectors prioritize this reference for its traditional proportions and the technical difficulty of combining three major complications in a compact case. The silvered dial features applied gold Breguet numerals and a moon phase indicator. On the secondary market, the 5016R typically commands prices between $450,000 and $650,000 depending on provenance and condition. A unique steel version, Reference 5016A-010, set a record for the model when it sold for 7.3 million CHF at the 2015 Only Watch 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
4 documented sales since 2012. Top hammer $7,259,348 at Phillips Geneva in 2015. Median hammer: $722,500. Most recent: $485,000 in 2018.
Ranks #12 of 77 Patek Philippe auction lots we track — see all Patek Philippe records.
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All documented hammer prices
For this reference (and close variants).
| Lot | Year | Hammer | Venue |
|---|---|---|---|
| 5016A-010 · Grand Complication Only Watch | 2015 | $7,259,348 | Phillips Geneva |
| 5016 · Tourbillon Minute Repeater Perpetual Calendar | 2013 | $788,569 | Antiquorum Geneva |
| 5016 · Tourbillon Minute Repeater Perpetual Calendar | 2012 | $722,500 | Antiquorum New York |
| 5016P-010 · Tourbillon Minute Repeater Perpetual Calendar | 2018 | $485,000 | Antiquorum Geneva |