Patek Philippe - Phillips Watches On... Lot 8013 March 2025 | Phillips

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  • Condition Report

  • Manufacturer: Patek Philippe
    Year: Circa 1987
    Reference No: 3940
    Movement No: 770’765
    Case No: 2’839’221
    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 Certificate of Origin date coded November 1987, Patek Philippe Japan Registered Guarantee stamped Daimaru Dept. Shinsaibashi Store Osaka and dated August 1994, service invoice, setting pin, instruction manual, product literature, leather folio, pouch, additional crocodile strap, fitted presentation box and outer packaging.

  • Catalogue Essay

    - The Patek Philippe ref. 3940 has become one of the most sought-after neo-vintage perpetual calendar amongst collector’s radar. A creation under the leadership by none other than Mr. Philippe Stern, this is the first self-winding perpetual calendar powered by the incredible ultra-thin micro-rotor cal. 240Q.

    - Perfectly sized at 36mm diameter, this modern classic began to be available during 1985 and has evolved with design nuances where collectors has defined into three series.

    - According to scholars the second series began with a movement range from 771’000 and case number 2’848’XXX. Bearing an earlier first series movement number 770’765 and a case number 2’839’221 range, this could possibly be a transitional example.

    - Two years into its production history, the present yellow gold ref. 3940 from circa 1987 features bevelled edge subdials with sans-crosshair leap year division and desirable patina. It is also an early solid caseback example. Patek Philippe only started implementing an additional sapphire caseback from 1989 onwards amongst the second series.

    - Delivered with its full set of accessories, this stunning ref. 3940 at hand is a brillant example and was subsequently sold in Osaka as indicated by its Patek Philippe Japan registered guarantee in August 1994.

  • Artist Biography

    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.

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Σ8013

Ref. 3940
A rare and attractive yellow gold perpetual calendar wristwatch with moonphases, leap year, 24-hour indication, setting pin, Certificate of Origin and presentation box

Circa 1987
36mm diameter
Case, dial, movement and buckle signed

Estimate
HK$200,000 - 400,000 
€23,700-47,400
$25,600-51,300

Current bid HK$380,000
12 Bids

Please note that once you've placed your bid,
it cannot be cancelled.

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2031
WatchesHK@phillips.com
 

Gertrude Wong
Head of Sale, Hong Kong
+852 2318 2045
gertrudewong@phillips.com
 

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