Patek Philippe Perpetual Calendar, Split-Seconds Chronograph, ref. 5204


Ask any watch collector, “Who makes the best complicated watches?” and I’m guessing Patek Philippe will be in his or her top three 99% of the time, if not every time. The brand has become synonyms with precision watchmaking; they have mastered the integration of multiple complications in one watch while doing so with a level of elegance and artistry other brands can only strive for. The Patek Philippe reference 5204 Split-Seconds Chronograph with Perpetual Calendar is a stunning example of the Swiss watchmakers many achievements. 

Patek Philippe Perpetual Calendar Chronograph 5204

From 1996 to 2011, Patek Philippe produced the 5004, a gorgeous split-second chronograph that was essentially a 3970 with a split-second feature. In 2012 Patek built upon that watch with the released of the 5204 in platinum with a white dial. At 40mm, the 5204 is slightly (about 4mm) larger than the 5004, and wears very well without feeling oversized. The watch has a number of features, including day, date, month and moonphase calendar, as well as a leap year calendar and night hours indicator. On top of all of that, it also features the split second chronograph which allows the user to time two concurrent events (like those two thoroughbreds you have in training and you need to time both of them at once.)

Patek Philippe 5204 Perpetual Split-Second Chrono functions

The first 5204, released in 2012, had a platinum case and white dial, then two years later they released the perpetual split-second chrono in platinum with a black dial. Then came a 5204 in rose gold with a white dial, then in 2016 Patek Philippe released the 5204 in rose gold with a black dial on a rose gold bracelet. 

CHR 29-535 PS Q movement

CHR 29-535 PS Q movement for Patek 5204

Regardless of the metal and dial combinations, this watch is a stunner. It is a feat in watchmaking and a masterpiece in art and design. To many this is, and certainly deserves to be, the ultimate grail watch. As Hodinkee’s Jack Forster put it, the 5204 is “a reminder of why Patek enjoys the reputation that it does.”

Our Current 5204 Listings: 

Patek Philippe, ref. 5204P (Platinum)

For more reading on the 5204: 

Patek Philippe’s Website

HauteTime on the 5204P, Black Dial (July 2014) 

Hodinkee's on the first 5204P (September 2012)

Monochrome review of the 5204R, White Dial (February 2016)

Jack Forster on the 5204 (April 2016)

Bexsonn on the 5204R (May 2016)

Ben Clymer on the 5204R on Bracelet (December 2016)

Two Patek Philippe Perpetual Calendar Chrono 5204R and 5204P

Patek Philippe Perpetual Calendar Chrono 5204R

Patek Philippe Perpetual Calendar Chrono 5204P Wrist Shot 


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