
Introduction
In the rarefied world of haute horlogerie, few names command as much reverence as Patek Philippe. Synonymous with timeless craftsmanship and mechanical ingenuity, the brand’s creations often transcend mere timekeeping, becoming heirlooms in their own right. The Ref. 4947/1A-001 Annual Calendar is a fascinating proposition—a stainless steel dress watch with practical complications, blending Patek’s traditional elegance with everyday wearability.
Positioned as a more accessible alternative to the brand’s perpetual calendars, the 4947/1A-001 features an annual calendar (requiring adjustment only once a year in February) and a moon phase display, making it both technically impressive and visually captivating. But does it live up to Patek Philippe’s lofty standards? Let’s explore in depth.

Design & Aesthetics
At first glance, the 4947/1A-001 exudes understated luxury. The 38mm stainless steel case strikes a perfect balance between classic proportions and contemporary presence, making it suitable for both formal and casual settings.
Dial Layout & Visual Harmony
The silver opaline dial is a masterclass in legibility and refinement:
- Day, date, and month apertures at 12, 3, and 9 o’clock respectively
- A moon phase display at 6 o’clock, adding poetic charm
- Slim feuille hands and applied baton markers ensure clarity
The symmetry is impeccable—Patek avoids clutter despite the multiple displays, maintaining a clean, dress-watch aesthetic. The sunburst finish catches light beautifully, while the blued steel seconds hand adds a subtle pop of color.
Case & Bracelet Finishing
The fully brushed stainless steel bracelet (a rarity for Patek dress watches) gives the 4947/1A-001 a sportier edge compared to leather-strapped alternatives. The case mixes polished bevels with brushed surfaces, showcasing Patek’s meticulous attention to detail.

Build Quality & Materials
Patek Philippe’s finishing is legendary, and the 4947/1A-001 does not disappoint:
- 316L stainless steel case with flawless brushing and polishing
- Sapphire crystal (front and exhibition caseback) with anti-reflective coating
- Integrated bracelet with a fold-over clasp, offering a seamless look
While some may lament the absence of precious metals, the steel construction enhances durability and makes this a true “wear-everyday” Patek.

Movement & Technical Specifications
The heart of the 4947/1A-001 is the Caliber 324 S QA LU 24H, an automatic movement renowned for reliability:
- Annual calendar complication (automatically adjusts for months with 30/31 days)
- Moon phase display (accurate to one day every 122 years)
- 45-hour power reserve
- Gyromax balance wheel & Spiromax silicon balance spring for enhanced precision
Through the sapphire caseback, the movement is a visual treat—featuring Geneva striping, beveled edges, and gold-filled engravings. It’s a reminder that even Patek’s “entry-level” complications are finished to exceptional standards.

Comfort & Wearability
Despite its 10.2mm thickness, the watch wears slim thanks to curved lugs and a well-balanced case. The integrated bracelet tapers elegantly, ensuring a snug fit, though those with larger wrists may find the lack of micro-adjustments a minor drawback.

Performance in Real Life
The annual calendar is remarkably practical—only needing adjustment once a year in February. The moon phase adds whimsy without sacrificing functionality. The 100m water resistance (unusual for a dress watch) makes it more versatile than many competitors.

Packaging & Unboxing Experience
Patek Philippe delivers a luxurious presentation:
- Wooden box with velvet lining
- Certificate of origin & manual
- Additional travel pouch
It’s an experience befitting a watch of this stature.

Pricing & Value
With an MSRP around $50,000, the 4947/1A-001 is a significant investment. However, compared to Patek’s perpetual calendars (often double the price), it offers exceptional value for a high complication in steel.
Competition Comparison
- Vacheron Constantin Overseas Perpetual Calendar (~$90K) – More complex but pricier
- A. Lange & Söhne Saxonia Annual Calendar (~$40K) – More classic but less versatile
- Patek Philippe 5726/1A Nautilus Annual Calendar (~$70K) – Sportier alternative
Given Patek’s strong secondary market performance, the 4947/1A-001 is likely to hold value well over time.

Pros & Cons
✅ Pros:
- Stunning dial layout—perfectly balanced complications
- Rare steel Patek dress watch with integrated bracelet
- Superb movement with Geneva Seal finishing
- 100m water resistance adds versatility
❌ Cons:
- No quick-set moon phase (requires a stylus)
- Bracelet lacks micro-adjustments
- High price for stainless steel

Final Verdict
The Patek Philippe 4947/1A-001 Annual Calendar is a masterpiece of practical elegance. It bridges the gap between formal watchmaking and everyday wearability, offering a rare steel Patek with genuine haute horlogerie complications.
Who Should Buy It?
- Collectors seeking a versatile high-complication Patek
- Enthusiasts who appreciate moon phases and annual calendars
- Those who prefer steel over precious metals for daily wear
Alternatives to Consider
- Patek 5726/1A (for a sportier look)
- Vacheron Constantin Overseas Dual Time (more casual)
- A. Lange & Söhne Saxonia Annual Calendar (for German precision)
Final Rating: 9.5/10
A near-perfect blend of tradition, innovation, and wearability—proving that Patek Philippe remains at the pinnacle of watchmaking.
Would you wear the 4947/1A-001 as a daily companion, or is it strictly a special-occasion piece? Let us know in the comments. ⌚