BuyingTime at Auction - 2025 Patek Philippe Complications Annual Calendar Travel Time 41MM Grey Dial Leather Strap (5326G-001)

Auction Report — Patek Philippe Complications Annual Calendar Travel Time 5326G-001

The timepiece offered — a 2025-dated 5326G-001 — is described by the seller as “like new,” complete with box, papers, and additional items, and sized for a wrist up to 7.75 inches. The watch features a 41 mm 18-carat white gold case decorated with Patek’s signature “hobnail” guilloché pattern, a textured charcoal-grey (almost anthracite) dial with luminous syringe-style hands and applied hour markers, a moon-phase indicator integrated into the small-seconds subdial at 6 o’clock, day/night indicators, and dual-time (Travel Time) and annual-calendar complications — showing local and home time simultaneously, along with day, month, and date readouts. The leather strap gives it a refined yet wearable character, suitable for travel, daily wear, or formal occasions.  

First introduced in 2022, the 5326G-001 marked the first time Patek Philippe combined its patented annual calendar with the Travel Time dual-time zone system in a single watch. To realize this fusion, the house developed a new self-winding movement — the caliber 31-260 PS QA LU FUS 24H — which controls the calendar based on local time, allowing forward and backward correction of the date and eliminating the need for the travel-time pushers seen on earlier models. Instead, time-zone adjustments are done via the crown, preserving a sleek, classic case design.  

The dial aesthetic was designed to evoke vintage camera leather or classic traveller’s equipment, with a grainy texture and a black-gradient rim — a tasteful balance of heritage and modernity. The case measures 41 mm in diameter and about 11.0–11.7 mm thick, with a sapphire crystal front and back, and water resistance of approximately 30 meters — typical for dress / travel Patek pieces.  

At retail, this model carries a list price around US$100,721 (as of September 2025).  On the secondary/pre-owned market, recent comparable listings and transactions cluster in the US $68,000–$80,000 range.  Auction results earlier in 2025 suggest that similar 5326G-001 examples fetched between ≈ $69,000 and $72,000 — though there is variance depending on condition, completeness (box/papers), and provenance.  

That said, given this watch’s full set, like-new condition, and 2025 date — essentially a “current-year” example — it justifies being at or slightly above standard market pricing. For an auction concluding tonight at 8:50 pm (Dec 9, 2025), a reasonable bidding range to target might be US$75,000–85,000, assuming competitive interest and no undisclosed blemishes.

Beyond the technical merits and materials, what truly gives the 5326G-001 gravitas is the heritage behind it: the annual calendar — a hallmark complication first introduced by Patek in the 1990s — combined with the Travel Time function that appeals to frequent travelers, executed with modern engineering and eight associated patents.  

In conclusion, this lot represents one of the most refined and complete expressions of functional luxury in modern watchmaking — a watch that blends everyday practicality (dual time zones, reliable calendar, robust white-gold case) with the elegance and prestige expected from Patek Philippe. If bidding is timed right, the final hammer price should reflect both the watch’s current desirability and its status as a fresh, full-set, 2025 production.

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