Big Watch Buyers offers authenticated, pre-owned Patek Philippe Ellipse watches in the New York Diamond District. The legendary Golden Ellipse based on the divine ratio. Browse our full Patek Philippe collection or explore Ellipse models below.
The case is 18k yellow gold with a high-polish finish to it and the solid case back is also 18k yellow gold but with a brushed finish. Time is displayed on a stunning blue dial with yellow gold hands and index hour markers. With a Patek Philippe black alligator skin strap which is secured onto the wrist with a Patek Philippe 18k yellow gold tang buckle. Powered by the Patek Philippe caliber 215 mechanical manual wind movement.
Introduced in 1968, the Patek Philippe Ellipse broke from the round case convention that defined 99% of luxury watches. Its case shape follows the golden ratio — 1:1.6181 — the mathematical proportion found in nature, art, and architecture that humans instinctively find beautiful.
This was not a design accident. Patek Philippe specifically chose the golden ratio to create a watch that felt harmonious without being round. The result is a dress watch that reads as classical while being distinctly different from every other timepiece in a collection.
Design Philosophy
The Ellipse is a pure dress watch:
- Rectangular-oval case — Softened corners, elongated proportions
- Time-only — No complications to distract from case geometry
- Integrated bracelet or leather strap — Both options complement the case
- Minimalist dial — Hours, minutes, seconds. Nothing superfluous.
The Ellipse makes no pretense of sportiness or utility. It exists to display time with elegance and proportion.
Golden Ellipse vs. Standard Ellipse
Two distinct lines exist:
Golden Ellipse (3738, 5738) — The traditional reference with solid gold case and bracelet. Available in yellow gold, rose gold, and white gold. The 3738 is the classic manual-wind version; 5738 updates with automatic movement and sapphire caseback.
Ellipse (3548, discontinued) — Vintage manual-wind versions from the 1970s–80s. Smaller dimensions, classic Patek 23-300 PM movement. Collectible for purists.
Market Position
The Ellipse occupies a unique niche:
For Patek collectors — Completes a collection alongside round Calatrava and sporty Nautilus
For dress watch enthusiasts — Distinctive alternative to Cartier Tank or Jaeger-LeCoultre Reverso
Value proposition — Trades at lower premiums than Nautilus or Aquanaut
Rarity — Limited production creates scarcity value
Frequently Asked Questions
Q: Is the Ellipse a men's or ladies' watch?
A: Originally unisex. The 32mm × 27mm vintage models work on any wrist. The 31mm × 35.5mm Golden Ellipse reads as distinctly men's by modern standards. Patek also produces smaller Ellipse models specifically for ladies.
Q: Why choose Ellipse over Calatrava?
A: The Calatrava is the classic round dress watch — safe, traditional, expected. The Ellipse makes a statement about appreciating design history and mathematical beauty. Both are excellent; the Ellipse is more distinctive.
Q: Do Ellipse watches hold value?
A: Better than most dress watches, not as well as Nautilus. Vintage Ellipse models have appreciated significantly. Current Golden Ellipse references trade near retail rather than above it — good for buyers, not speculators.
Sell or Trade Your Patek Philippe Ellipse
Our Diamond District specialists understand the Ellipse's unique position. We evaluate based on reference (3738 vs. 5738), metal (yellow gold is most traditional), bracelet condition, and whether original box and papers are present. Vintage Ellipse models require authentication of originality. Walk in for a private appraisal, or use our fully insured Parcel Pro shipping label for secure remote evaluation with same-day payment.