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Patek Philippe 5320G: The Vintage-Inspired Perpetual Calendar
Updated 2/17/2026
When Modern Meets Vintage
The Patek Philippe 5320G is a perpetual calendar in white gold that looks like it was designed in 1945 and built in 2025. Introduced in 2017, it features a lacquered cream dial with applied Breguet numerals, a railway-track minute scale, and a day/night indicator at 12 o'clock — a complication rarely seen in modern perpetual calendars. The case is 40mm with stepped lugs that reference Patek's mid-century designs. It is, by many collectors' accounts, the most aesthetically beautiful perpetual calendar Patek has ever produced.
Complications and Movement
The 5320G uses the caliber 324 S Q, an automatic movement with Patek's Gyromax balance wheel and Spiromax silicon hairspring. The perpetual calendar displays day, date, month, leap year, and moon phase — all of which self-correct for month length and leap years until 2100. The day/night indicator at 12 o'clock is unique to the 5320: it shows whether the time displayed is AM or PM, which matters when adjusting the calendar after the watch has stopped (setting the date forward during PM hours would cause the calendar to advance). This attention to user experience is pure Patek.
Market Value
The 5320G retails for approximately CHF 95,000. On the secondary market, it trades for $80,000-$120,000, with a significant premium for examples in unworn condition with full set. The cream dial variant is the most sought-after; Patek has also released versions with a blue dial that command slightly higher premiums. Compared to the more established 5327 and the classic 5140/5240, the 5320G is the emotional purchase — buyers choose it for its aesthetics rather than its complication pedigree.
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Frequently Asked Questions
How much is a Patek Philippe 5320G?
The 5320G retails for approximately CHF 95,000. Pre-owned examples trade for $80,000-$120,000 on the secondary market. Examples with the original cream lacquered dial in excellent condition with full set are at the top of that range.
What makes the 5320G dial special?
The dial is lacquered — a multi-layer process that creates depth and a warm, slightly translucent surface. The applied Breguet numerals are gold, the railway-track minute scale is printed, and the overall effect is of a vintage watch made with modern precision. It is a hand-crafted process that cannot be replicated by printing.
Is the 5320G a good investment?
The 5320G has strong appreciation potential. It combines a perpetual calendar complication with unique vintage-inspired aesthetics and a limited production volume. As a relatively recent introduction (2017), it has room to build a collector following similar to what the 5970 achieved.