Patek Philippe Calatrava 18k White Gold Clous de Paris ref. 5120G, early 2000

Dealer description — Bulang & Sons

The Patek Philippe Calatrava, launched in 1932 with the iconic Reference 96, is a legendary collection symbolizing timeless, minimalist elegance. It emerged after Patek Philippe’s acquisition by the Stern brothers during the Great Depression—a pivotal moment that steered the brand toward understated, high-quality design. Named after the brand’s cross emblem—originally linked to a medieval Spanish chivalric order—the Calatrava set the standard for the modern dress watch with its clean lines, round case, and Bauhaus-inspired “form follows function” aesthetic. The Reference 5120 is a spiritual successor to the beloved hobnail (“clous de Paris”) Calatrava models such as the manual-wind Ref. 3919, translating that classic design language into an elegant automatic format. This ultra-thin 18k white gold case, measuring 35 mm, is in lovely condition, with its double row of hobnail pyramids around the bezel still crisp and well defined. It features gently curved lugs and a sapphire display back that offers a clear view of the 22k gold micro-rotor and the beautifully finished Caliber 240—an icon in its own right. The dial presents a clean white canvas with painted Roman numerals, no seconds hand for an added sense of tranquility, and simple blackened stick hands. It is paired with a refined Bulang & Sons leather strap and fitted with an 18k white gold Patek Philippe pin buckle. This minimalistic Calatrava has been fully serviced by our watchmaker and is ready to be enjoyed for many years to come. The 5120 represents perhaps the last generation of truly two-hand (hour + minute) automatic Calatavas from Patek — minimalism at its finest.. Give your collection the clous de Paris touch it deserves—take this refined Calatrava home! Specifications: Patek Philippe Calatrava Reference 5120G 35mm 18k white gold case with “hobnail” bezel Display case back White dial with black Roman numerals and non-lumed hands Bulang and sons leather strap , 18 k white gold Patek' pin buckle Calibre 240 automatic movement with gold micro rotor Movement number 120xxxx, dating to the early 2000’s Fully serviced by our watchmaker