The magic of four discs, two axes, and three patents still works History (almost) repeats itself. One of my favorite releases from Watches and Wonders 2021 was the Patek Philippe ref. 5236P-001 In-Line Perpetual Calendar. One of my favorite releases from this year’s edition is the Patek Philippe ref. 5236P-011 In-Line Perpetual Calendar. The difference is a single number and a different dial color. The complicated yet easy-to-read QP debuted in radiant blue. That reference, along with a salmon-dial version from 2024, is now discontinued and replaced by a younger-looking model with a smoky gray dial featuring shades of charcoal and vintage silver. Before raving about the latest version of one of the greatest QPs I know of, let me tell you what I don’t like about it. I don’t like the strap, but that’s not so much because of the composite material with a fabric pattern or the platinum butterfly clasp. It’s the contrast stitching. I just don’t find it appropriate.…