2018 Patek Philippe Perpetual Calendar 5140P Platinum Ft. Rare Grey Dial

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What We Love

The 5140 has always been a bit of an underdog, but I genuinely think that’s starting to change. If I were choosing between this and a third series 3940J today (similar price tag), I’d have a very hard time ignoring the 5140P and comparing to a third series 3940P it’s almost half the price. This grey dial was introduced right at the very end of 5140 production and was only available for roughly the final one to two years of the reference’s life, making it comfortably the rarest variant of the model. It has a look that’s completely different to any other 5140.

The charcoal grey dial is just brilliant in the metal. Indoors it can appear almost black, while in sunlight it comes alive with a metallic sheen that pairs perfectly with the heft of the platinum case. The crisp white printing and matching white sub-dial hands give the dial a unique, almost monochromatic look. Interestingly, in certain lighting the contrast softens and it almost takes on a “ghost dial” appearance, where the printing melts into the dial before reappearing as the light catches it differently. It’s a really dynamic dial that constantly changes character and is one of those watches you’ll find yourself taking off your wrist just to admire.

Size-wise it’s spot on too. At 37mm and just under 9mm thick, it wears beautifully. My wrist is 17cm and this is about as large as I’d ever want a dress watch to be. You still get all the charm of the legendary ultra-thin calibre 240 Q, but in a case that feels just that little bit more modern than the 3940.

This example has been preserved exactly how you’d hope. The case retains crisp hallmarks and strong definition throughout, while the dial is spotless and complemented by its original platinum deployant clasp, paperwork and accessories.

What You Should Know

Everything is functioning exactly as it should, with all calendar indications operating correctly. The watch shows only light hairlines from careful wear, barely anything honestly.

The boxset is missing from the set. Can be sourced if wished by the buyer.

If you’ve been hunting for a perpetual calendar to actually wear, rather than simply admire in a safe, this is a seriously compelling option. It has all the watchmaking pedigree of the 3940, a touch more wrist presence, and in this configuration it’s considerably rarer. For me, it’s one of the most overlooked modern Patek Philippes and a reference that feels destined for much greater appreciation.

What We Love

The 5140 has always been a bit of an underdog, but I genuinely think that’s starting to change. If I were choosing between this and a third series 3940J today (similar price tag), I’d have a very hard time ignoring the 5140P and comparing to a third series 3940P it’s almost half the price. This grey dial was introduced right at the very end of 5140 production and was only available for roughly the final one to two years of the reference’s life, making it comfortably the rarest variant of the model. It has a look that’s completely different to any other 5140.

The charcoal grey dial is just brilliant in the metal. Indoors it can appear almost black, while in sunlight it comes alive with a metallic sheen that pairs perfectly with the heft of the platinum case. The crisp white printing and matching white sub-dial hands give the dial a unique, almost monochromatic look. Interestingly, in certain lighting the contrast softens and it almost takes on a “ghost dial” appearance, where the printing melts into the dial before reappearing as the light catches it differently. It’s a really dynamic dial that constantly changes character and is one of those watches you’ll find yourself taking off your wrist just to admire.

Size-wise it’s spot on too. At 37mm and just under 9mm thick, it wears beautifully. My wrist is 17cm and this is about as large as I’d ever want a dress watch to be. You still get all the charm of the legendary ultra-thin calibre 240 Q, but in a case that feels just that little bit more modern than the 3940.

This example has been preserved exactly how you’d hope. The case retains crisp hallmarks and strong definition throughout, while the dial is spotless and complemented by its original platinum deployant clasp, paperwork and accessories.

What You Should Know

Everything is functioning exactly as it should, with all calendar indications operating correctly. The watch shows only light hairlines from careful wear, barely anything honestly.

The boxset is missing from the set. Can be sourced if wished by the buyer.

If you’ve been hunting for a perpetual calendar to actually wear, rather than simply admire in a safe, this is a seriously compelling option. It has all the watchmaking pedigree of the 3940, a touch more wrist presence, and in this configuration it’s considerably rarer. For me, it’s one of the most overlooked modern Patek Philippes and a reference that feels destined for much greater appreciation.