The seller represents this timepiece as being in very good condition. It includes the boxes (inner and outer), additional items, and papers dated 2011.

Contents: Double-boxed, dust cover, booklets, 2011 warranty certificate, portfolio, serialized hangtag, pusher and on an unworn aftermarket brown alligator strap with original clasp. Also includes original sales receipt.

A Complication That Wears Like a Dress Watch

The Patek Philippe 5396R-011 pairs the Annual Calendar complication with a case size built for everyday wear, at 38.5mm and only 11.2mm thick. Its silvery opaline dial with rose gold applied hour markers and dauphine hands displays day, date, month, and moon phase with none of the visual clutter that plagues lesser calendar watches. The 324 S QA LU 24H/303 movement inside is a Patek in-house caliber, self-winding, with a 45-hour power reserve. This reference has held its position as one of the most requested Annual Calendar configurations in rose gold, prized for combining genuine horological complexity with a case that slides under a cuff. Complete with original box and papers, this 2011 example carries full documentation, a material factor in resale liquidity for this reference. Annual Calendar Pateks in rose gold with papers intact continue to outperform watch-only examples at the point of exit.

For a buyer who wants Patek's complicated watchmaking in a size that works in a boardroom, the 5396R-011 is a proven, documented entry point.