The 5123R is a classically proportioned Calatrava at 38mm, powered by the hand-wound Calibre 215 PS — a movement that wears its finishing as proudly as the dial above it. The opaline silver dial carries applied rose gold index markers, Dauphine hands, and a small seconds subdial at 6 o’clock, all behind a sapphire exhibition caseback.
This example has seen only occasional wear and presents in very good condition throughout. The case retains strong definition, the lugs show minimal softening, and the dial is clean with nothing worth flagging. A watch that was clearly worn with care and appreciation.
For the collector who knows the reference, little else needs saying.
A extract from the archives can be obtained from Patek Philippe for 500 Swiss francs. It takes 3-6 weeks to receive, if desired.