The Patek Philippe Calatrava 5196 (reference 5196P-001) is a 37mm 18k white gold with a manual movement and 25m of water resistance. It carries a white dial. On the secondary market it typically trades between $23,000 and $50,000.
Confirmed secondary-market sales WristWorth has tracked for this reference.
"You never actually own a Patek Philippe. You merely look after it for the next generation." That line isn't just marketing — it's borne out by auction results. Patek holds the record for the most expensive watch ever sold (Grandmaster Chime, $31.19M). Founded in Geneva in 1839, the maison produces roughly 62,000 watches per year across one of the broadest complication ranges in existence: perpetual calendars, minute repeaters, tourbillons, split-seconds chronographs. The Nautilus and Aquanaut disrupted Patek's own dress-watch identity and now command waitlists measured in years. For serious collectors, Patek is the ultimate store of value.

Annual Calendar
5205R

Annual Calendar Chronograph
5905R-001

Aquanaut
5167A
Aquanaut 5167A
5167A-001
Aquanaut 5968A Chronograph
5968A-001
Aquanaut Green
5168G-010
Aquanaut Travel Time
5164A-001
Aquanaut Travel Time Rose Gold
5164R-001
On the secondary market the Patek Philippe Calatrava 5196 (reference 5196P-001) typically trades between $23,000 and $50,000, with a midpoint around $36,500. Actual prices vary with condition, box/papers, and demand.
The 5196P-001 runs a manual movement (caliber 215 PS).
The 5196P-001 has a 37mm 18k White Gold case, water resistant to 25m, with a white dial.
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