Priority Bidding is here! Secure a lower Buyer’s Premium today (excludes Online Auctions and Watches). Learn More

934

Patek Philippe

Ref. 3940J, Second Series

A rare and attractive yellow gold perpetual calendar wristwatch with moon phases, leap year, 24-hour indication and presentation box

Estimate
HK$160,000 - 320,000
€17,700 - 35,400
$20,500 - 41,000
HK$482,600
Lot Details
Manufacturer
Patek Philippe
Year
1989
Reference No
3940J, Second Series
Movement No
771’849
Case No
2’866’838
Material
18K yellow gold
Calibre
Automatic, cal. 240Q, 27 jewels
Bracelet/Strap
Leather
Clasp/Buckle
18K yellow gold Patek Philippe pin buckle
Dimensions
36mm diameter
Signed
Case, dial, movement and buckle signed
Accessories
Accompanied by Patek Philippe instruction manual, product literature, leather folio, fitted presentation box and outer packaging. Further delivered with Patek Philippe Extract from the Archives confirming the production of the present timepiece in 1989 and its subsequent sale date on 20 December 1989.
Catalogue Essay
The Patek Philippe ref. 3940 is widely regarded as one of the brand’s most elegant and technically refined perpetual calendar watches. Introduced in 1985 and produced until 2007, it was crafted exclusively in precious metals and powered by the ultra-thin automatic calibre 240Q, which gives rise to the 9mm thickness of the case. With its relatively small 36mm case and beautifully balanced dial layout, the ref. 3940 embodies a timeless aesthetic that bridges vintage charm and modern sophistication.

Collectors admire ref. 3940 not only for its technical merit but also for its historical significance, as it was the personal choice of Philippe Stern, former president of Patek Philippe. The model was produced in three series across four precious metals: 18K yellow, pink, and white gold, as well as platinum. Today, it remains a grail piece for many enthusiasts, praised for its understated sophistication and enduring value.

The present fresh-to-the-market, yellow gold example dates to 1989 and is offered in excellent overall condition. It is also worth to note that it is a later second-series example, which can be distinguished by the cross divider on the leap year indicator and the Swiss sigma printed below the outer minute track. It is accompanied by its original accessories and further supported by an Extract from the Archives, confirming its authenticity and provenance.

Patek Philippe

Swiss | 1839
Since its founding in 1839, this famous Geneva-based firm has been surprising its clientele with superbly crafted timepieces fitted with watchmaking's most prestigious complications. Traditional and conservative designs are found across Patek Philippe's watches made throughout their history — the utmost in understated elegance.Well-known for the Graves Supercomplication — a highly complicated pocket watch that was the world’s most complicated watch for 50 years — this family-owned brand has earned a reputation of excellence around the world. Patek's complicated vintage watches hold the highest number of world records for results achieved at auction compared with any other brand. For collectors, key models include the reference 1518, the world's first serially produced perpetual calendar chronograph, and its successor, the reference 2499. Other famous models include perpetual calendars such as the ref. 1526, ref. 3448 and 3450, chronographs such as the reference 130, 530 and 1463, as well as reference 1436 and 1563 split seconds chronographs. Patek is also well-known for their classically styled, time-only "Calatrava" dress watches, and the "Nautilus," an iconic luxury sports watch first introduced in 1976 as the reference 3700 that is still in production today.
Browse Maker