Patek Philippe Complications Flyback Chronograph Annual Calendar, Reference 5905/1A-001
Estimated value: $45,000 - $58,000. Patek Philippe Complications Flyback Chronograph Annual Calendar, Reference 5905/1A-001 (c. 2021-Present) — a researched valuation with cited comparable sales in Watches & Jewellery, from findthevalueof.com.
About this item
This watch is a Patek Philippe Complications, Reference 5905/1A-001, a highly desirable and technically sophisticated timepiece from one of the world's most revered watchmakers. Introduced in 2021, this model is celebrated for its masterful blend of high horology and sporty elegance, combining a self-winding flyback chronograph and an annual calendar within a robust stainless steel case. The significance of this reference lies in its material and complications. Patek Philippe traditionally reserves its most complex movements for precious metal cases, making stainless steel 'grand complication' models like this exceptionally rare and sought-after. The 42mm case with its integrated 'droplet' link bracelet and fashionable olive green sunburst dial create a powerful and contemporary aesthetic that has proven immensely popular with collectors. The market for Patek Philippe's steel sports models is exceptionally strong. Due to limited production and immense global demand, these watches consistently trade for significant premiums over their original retail price on the secondary market. Value is determined by a combination of brand prestige, rarity, and crucially, condition and provenance. A complete set with original box and papers in pristine condition will always achieve the highest price.
How the value was reached
The valuation is based on analysis of recent dealer asking prices and marketplace sales for identical Patek Philippe Ref. 5905/1A-001 watches. The primary anchor is a verified pre-owned sale at approximately $57,000 for an example with box and papers. Other listings for unworn examples range from $49,900 to over $51,900. The estimate range for the subject watch is widened to account for its visible wear and the significant uncertainty regarding the presence of its original box and Certificate of Origin. The high end of the estimate ($58,000) could be achieved if the watch is a complete 'full set'. The low end ($45,000) reflects the value for the watch alone, given its worn condition. At auction, we would recommend a reserve price of $36,000. The net proceeds to the seller would be the hammer price less a seller's commission of 10-15%.
Comparable sales
- A Patek Philippe Complications 5905/1A-001 with a 42mm stainless steel case, olive green sunburst dial, and stainless steel bracelet. The listing includes the original box and papers. — sold for $56,999.00 (eBay), 2026-03-19
- A Patek Philippe Annual Calendar Chronograph Flyback, reference 5905/1A-001, in like new and unworn condition. Features an olive green dial, steel case, and steel bracelet, and includes original box and papers. — sold for $51,900 (Chrono24), 2021
- A Patek Philippe Annual Calendar Chronograph Complications, reference 5905/1A-001, in 'Like new & unworn' condition from 2022. Includes original box and papers, with a steel case and green dial. — sold for $49,900 (Chrono24), 2022
- A Patek Philippe Annual Calendar Chronograph, reference 5905/1A-001, Co-signed by Tiffany & Co. Sold in 2021, in like new condition with complete original Tiffany & Co. boxes and papers. — sold for SOLD (Menta Watches), 2021
- A used (very good) Patek Philippe Annual Calendar Chronograph, reference 5905/1A, with a steel case, green dial, and steel bracelet. Includes original box and papers. — sold for AED 261,365 (Chrono24), 2021
- A Patek Philippe Annual Calendar Chronograph Complications 5905/1A-001 in 'Like new & unworn' condition. Includes original box and papers. — sold for Rs.5,715,926 (Chrono24), 2026
Expert notes
This valuation is contingent on the watch being authentic. Due to the prevalence of high-quality counterfeits for this specific model, we strongly recommend a physical inspection of the movement by a certified specialist before any sale. Furthermore, the value is highly dependent on the presence of the original box and Certificate of Origin; their absence would place the value at the lower end of our estimate.