Patek Philippe Perpetual Calendar Split-Seconds Chronograph Ref. 5204G-010
New Release

Patek Philippe Perpetual Calendar Split-Seconds Chronograph Ref. 5204G-010

By quattro · May 15, 2026 · 29 replies
quattro
WPS member · Patek Philippe forum
29 replies1423 views10 photos
f 𝕏 in 💬 🔗

Emmanuel, known as quattro, introduces the second white gold variant of the Patek Philippe Perpetual Calendar Split-Seconds Chronograph Ref. 5204G-010. This article focuses on the new sunburst navy blue dial with red accents, contrasting it with the previous olive green model. His presentation invites readers to consider the sportier aesthetic of this latest iteration.

29 collectors discussing this on the WatchProSite forumJoin the Conversation →
If I'm not mistaken, this is the second white gold variant of the Patek Philippe Perpetual Calendar Split Seconds Chronograph ref. 5204.

The previous one was olive green (see below), the new one features a sunburst navy blue dial with red chronograph hands and stitching on the blue composite strap with fabric pattern.

Does this very sporty look appeal to you?

The case measures 40 x 14.4 x 46.9 mm.

Best, Emmanuel




Caliber CHR 29-535 PS Q








credit: @alekswatches (1-2), @benrsimon (3-4) & @jooooeng (5)


For comparison, here's the olive green ref. 5204G-001, which I was able to try on last October in Florence.








Just so that you can fully see the changes made to the dial layout.




Review of the 5204G-001 by Tim Mosso




About the Patek Philippe Split-Seconds Chronograph Perpetual Calendar Ref. 5204

Patek Philippe Reference 5204 Split-Seconds Chronograph Perpetual Calendar

The Reference 5204 combines split-seconds chronograph functionality with perpetual calendar complications in a 40mm case format. This reference represents Patek Philippe's approach to integrating dual chronograph timing capabilities with complete calendar functions, positioning it as a grand complication within the manufacture's lineup.

The 40mm case is available in 18k white gold or rose gold with polished bezel treatment and sapphire crystal. The manual-winding Caliber R CH 27 PS QI provides 48 hours of power reserve. Dial options include silvery-gray or silvery-opaline finishes, paired with alligator leather straps. Water resistance is rated to 30 meters.

Produced from 2012 to 2019, the 5204 appeals to collectors seeking complications beyond standard chronographs or simple perpetual calendars. The split-seconds function adds timing versatility while maintaining the traditional manual-winding operation characteristic of high-end chronograph manufacture. The reference serves collectors prioritizing mechanical complexity and dual precious metal case options.

Specifications

Caliber
R CH 27 PS QI
Case
18k White Gold or Rose Gold
Diameter
40 mm
Dial
Silvery-gray or Silvery-opaline
Water Resist.
30m
Crystal
Sapphire

Key Points from the Discussion

Advertisement
The Discussion
GO
Goh
May 15, 2026

but a little too sporty for me. Good to see that the little chin is gone in this version. My favourite is the black dial, 5204P-011, one of my grail.

QU
quattro
May 15, 2026

Like you, this new version looks too sporty for me. Best, Emmanuel

MR
Mr Glass
May 15, 2026

Can pretend like this could be my practical day-to-day wear

1W
1WatchMan
May 15, 2026

The new one is too sporty for me, I think that I still prefer the previous green version.

K-
K-G
May 15, 2026

A very impressive watch indeed. That said, in my opinion fabric straps tend to suit sportier watches better, even if straps are easily changed. I also feel that Patek may be leaning a bit too heavily on them across the current collection.

QU
quattro
May 15, 2026

The dial of the green variant is a little busy also. Best, Emmanuel

Advertisement

Continue the conversation

This thread is active on the Patek Philippe forum with 29 replies. Share your knowledge with fellow collectors.

Join the Discussion →