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Vintage Patek Philippe Ellipse Reference 3548 18K White Gold Manual Wind Blue

$24,999
£18,892.32
€21,701.26
CA$35,162.94
A$37,228.38
CHF 20,146.95
MX$444,947.64
NOK 251,129.08
SEK 229,648.63
DKK 162,080.57

About the Item

A high point of Patek’s design era The Ellipse was never an entry-level Patek. When it was introduced, it sat at the very top of the brand’s catalog, priced as a luxury object first and a wristwatch second. Produced in comparatively small numbers and executed almost exclusively in precious metals, the Ellipse represented a moment when Patek leaned fully into design, proportion, and elegance rather than complication. This example captures that intent clearly, with a slim white gold case and a deep blue sunburst dial that immediately signals where it sat in the hierarchy when new. Why this reference carries weight (pun intended)  The blue sunburst dial is the defining feature. Saturated but restrained, it shifts subtly with the light and pairs naturally with the cool tone of the white gold case. The elliptical proportions are exactly what made the model so distinctive in the 1970s and early 1980s, elegant, unconventional, and unmistakably Patek. Today, they remain undervalued relative to where they once sat, especially in clean examples like this. Clean overall presentation Overall condition is good. The case shows scratches consisent with its age, while the dial remains in great shape. The aftermarket bracelet wears comfortably and feels well matched to the case. The movement is fully functional and running well, with stable performance on the test bench.  An Ellipse that makes sense now This is a well-executed Golden Ellipse that reflects why the model mattered when it was introduced and why it still resonates today. Elegant, rare by production standards, and far more historically significant than its current market position suggests. It should be noted, in fact, that the original MSRP is higher than it's current market value, adjusted for inflation.  A complete, wearable example of one of Patek Philippe’s most design-forward and quietly important watches, ready to wear and easy to place in a serious collection.
  • Case Material:
  • Movement:
  • Period:
  • Date of Manufacture:
    1980
  • Condition:
  • Seller Location:
    New York, NY
  • Reference Number:
    1stDibs: LU4429228424952

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