Patek Philippe Golden Ellipse 5738/50G-001: Review

by Barbara Wilson

I. History of the Patek Philippe Golden Ellipse 5738/50G-001

Introduction to Patek Philippe:

Patek Philippe, a name synonymous with luxury watchmaking, has a history dating back to 1839. The brand is celebrated for its precision, innovation, and timeless designs.


Patek Philippe’s history is a testament to its commitment to horological excellence. Founded by Antoine Norbert de Patek and Adrien Philippe, the company has consistently produced timepieces that are both technically exceptional and aesthetically exquisite. Over nearly two centuries, Patek Philippe has established itself as one of the most prestigious watchmakers in the world, admired by collectors and connoisseurs alike.


The Birth of the Golden Ellipse:

The Golden Ellipse collection, introduced in 1968, is an embodiment of Patek Philippe’s dedication to blending mathematical precision with artistic beauty. It was created during a period when watch design was undergoing a revolution, and the Golden Ellipse made an indelible mark with its distinctive elliptical case.


The Golden Ellipse collection was launched at a time when traditional round and square cases dominated the watch industry. Patek Philippe’s bold move to introduce an elliptical case shape set it apart and signaled the brand’s commitment to innovative design. The collection’s name, “Golden Ellipse,” refers to its unique proportions, which are based on the Golden Ratio—a mathematical concept that has long been associated with aesthetic harmony.


The Evolution of Elegance:

The Golden Ellipse collection has evolved over the years, incorporating new materials, dial designs, and complications while retaining its core elegance and elliptical form.

Elaborating on the evolution of the Golden Ellipse, it’s essential to recognize how this collection has remained true to its design philosophy while adapting to changing tastes and technological advancements. From its inception, the collection has embraced various case materials, including precious metals like white gold, and incorporated complications such as moon phases and power reserve indicators. These enhancements have added depth and versatility to the Golden Ellipse, ensuring its enduring appeal.

II. The Distinctive Elliptical Design

The Elliptical Case:

The most defining feature of the Patek Philippe Golden Ellipse 5738/50G-001 is its elliptical case, which elegantly combines straight lines and curves to create a harmonious form.

The elliptical case of this watch is a masterclass in design. Its proportions are carefully calculated to adhere to the Golden Ratio, resulting in a case that is both visually captivating and comfortable to wear. The blending of straight lines and gentle curves showcases Patek Philippe’s commitment to achieving aesthetic perfection.

The Dial:

The dial of the Golden Ellipse is a study in simplicity and refinement. In the case of the 5738/50G-001, it features a deep blue sunburst dial with applied hour markers and dauphine hands.

The choice of a deep blue sunburst dial adds a touch of sophistication to the watch. Sunburst dials are prized for their dynamic play of light and shadow, creating an ever-changing visual experience. The applied hour markers and dauphine hands are crafted with precision, ensuring excellent legibility while maintaining an air of understated elegance.

Slim Profile:

The Golden Ellipse is celebrated for its slim profile, which is achieved through meticulous case engineering and movement design. The 5738/50G-001 maintains this hallmark characteristic.

The slimness of the watch is not merely a design choice but a testament to Patek Philippe’s engineering prowess. Achieving a thin profile while maintaining accuracy and durability requires a delicate balance of craftsmanship and technology. The 5738/50G-001 exemplifies this balance, making it a comfortable and versatile timepiece.

III. The Movement: A Masterpiece of Precision

Caliber 240:

At the heart of the Patek Philippe Golden Ellipse 5738/50G-001 beats the Caliber 240, a self-winding movement revered for its precision and reliability.

The Caliber 240 is a remarkable feat of horological engineering. It features a micro-rotor—an innovation introduced by Patek Philippe—that allows for a thinner movement without sacrificing winding efficiency. The movement operates at a frequency of 21,600 vibrations per hour (3 Hz), ensuring accurate timekeeping. Its meticulous craftsmanship and finishing are on full display through the sapphire crystal case back.


The use of a micro-rotor in the movement contributes to the watch’s slim profile while maintaining a respectable power reserve.

The micro-rotor is a defining feature of the Caliber 240. Traditionally, automatic movements utilize a central rotor that winds the mainspring. Patek Philippe’s micro-rotor, made of 22K gold, is integrated into the movement’s architecture, allowing for a more compact design. This innovation showcases the brand’s commitment to precision and elegance.

Precision Timekeeping:

The Caliber 240 is celebrated for its accuracy and reliability, with Patek Philippe’s strict quality control ensuring that each movement meets the brand’s exacting standards.

The precision of the Caliber 240 is a hallmark of Patek Philippe’s commitment to excellence. The movement undergoes rigorous testing and adjustment to achieve exceptional accuracy. The result is a timepiece that not only embodies the brand’s heritage but also represents the pinnacle of Swiss watchmaking craftsmanship.

IV. A Versatile Companion

Everyday Elegance:

While the Golden Ellipse 5738/50G-001 exudes sophistication, its versatile design makes it suitable for both formal occasions and everyday wear.

The watch’s ability to effortlessly transition between formal and casual settings is a testament to its timeless design. Whether paired with a tailored suit or a more relaxed ensemble, the Golden Ellipse 5738/50G-001 adds an element of refinement to any outfit.


With a water resistance of up to 30 meters (100 feet), the watch is well-suited for daily activities, including handwashing and exposure to rain.

While not a diving watch, the 30-meter water resistance rating provides peace of mind for everyday wear. It ensures that the watch can withstand accidental exposure to water, adding practicality to its list of attributes.

V. The Price of Elegance

The Luxury Segment:

The Patek Philippe Golden Ellipse 5738/50G-001 is positioned in the luxury segment of the watch market, reflecting the brand’s heritage, craftsmanship, and exclusivity.

Patek Philippe has earned its reputation as one of the most prestigious watchmakers globally, and this status is reflected in the price of the Golden Ellipse 5738/50G-001. The luxury segment caters to discerning collectors and enthusiasts who appreciate not only the intrinsic value of the watch but also the heritage and artistry behind it.

An Investment:

While the Golden Ellipse is undoubtedly a luxury timepiece, it is also considered an investment by many collectors. Patek Philippe watches, known for their enduring value, often appreciate in price over the years.

Patek Philippe’s watches have a history of retaining and even appreciating in value. This is due to the brand’s limited production, timeless designs, and the enduring demand for its creations. Collectors often view Patek Philippe timepieces as long-term investments that can be passed down through generations.

VI. Comparison with Other Watches

Unique Elegance:

When compared to other luxury watches, the Golden Ellipse 5738/50G-001 stands out for its distinctive design and elliptical case shape.

In a market filled with exceptional timepieces, the Golden Ellipse 5738/50G-001 distinguishes itself through its unique and instantly recognizable design. While other luxury watches offer their own brand of elegance, the elliptical case sets the Golden Ellipse apart, making it a choice for those who seek something truly special.

Patek Philippe Heritage:

Comparing the Golden Ellipse to other Patek Philippe models, it represents a fusion of heritage and innovation—a theme that runs through the brand’s diverse collections.

Within the Patek Philippe family, the Golden Ellipse holds a unique place. It marries the brand’s rich heritage with a design that challenges traditional norms. This fusion of past and present is a testament to Patek Philippe’s ability to evolve while remaining rooted in its legacy.

VII. Maintenance and Care

Servicing Intervals:

Like all mechanical watches, the Golden Ellipse 5738/50G-001 requires periodic servicing to ensure its longevity and performance. Patek Philippe recommends servicing every 3 to 5 years.

Proper maintenance is essential to preserve the watch’s accuracy and functionality. Regular servicing by authorized Patek Philippe watchmakers ensures that the movement remains in optimal condition and that any wear and tear are addressed promptly.

Careful Handling:

To maintain its pristine condition, the watch should be handled with care, avoiding impacts and exposure to extreme temperatures, magnetic fields, and chemicals.

Caring for the Golden Ellipse extends beyond servicing. Owners should handle the watch with care to prevent accidental damage. Additionally, protecting the watch from harsh environmental factors, such as extreme temperatures and magnetic fields, helps preserve its longevity.

VIII. Customization Options

Limited Customization:

Patek Philippe typically offers limited customization options for its watches. The Golden Ellipse collection, known for its iconic design, is generally produced with predefined specifications.

Patek Philippe’s approach to customization is rooted in preserving the integrity of its designs. While some degree of personalization may be available, the Golden Ellipse collection is celebrated for its timeless and iconic look, making extensive customization unnecessary.

Bespoke Creations:

For those seeking a truly unique timepiece, Patek Philippe does occasionally create bespoke watches with customized features. However, this is a highly personalized and rare process.

Patek Philippe’s bespoke creations are reserved for the most discerning collectors who desire a one-of-a-kind masterpiece. These unique watches are the result of collaboration between the brand’s artisans and the collector’s vision, resulting in a watch that is truly exceptional and irreplaceable.

In conclusion, the Patek Philippe Golden Ellipse 5738/50G-001 is a paragon of elegance and design. Its history, distinctive elliptical shape, precision movement, and timeless appeal make it a cherished choice for those who appreciate the art of watchmaking. As a symbol of Patek Philippe’s commitment to blending artistry with engineering, the Golden Ellipse continues to captivate the hearts of watch enthusiasts and connoisseurs, embodying the spirit of horological excellence. Whether worn as an everyday companion or treasured as a long-term investment, the Golden Ellipse remains an enduring icon in the world of luxury watches.


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