Patek Philippe - Hong Kong: Watches Online Auction I Hong Kong Thursday, July 21, 2022 | Phillips

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  • Manufacturer: Patek Philippe
    Year: Circa 1987
    Reference No: 3940
    Movement No: 770’485
    Case No: 2’831’473
    Material: 18K yellow gold
    Calibre: Automatic, cal. 240Q aut., 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 stamped Chronometrie Beyer Zurich dated 5th November 1987, instruction manual, product literature, leather folio and fitted winding presentation box.

  • Catalogue Essay

    First making its important debut in 1985, the Patek Philippe ref. 3940 was a true revelation being the first perpetual calendar by the firm with the newly innovated self-winding micro-rotor caliber 240Q. The reference was first released as a special limited edition of 25 pieces to celebrate the 225th anniversary of Patek Philippe retailer Chronometrie Beyer in Zurich. Released in series thereafter, the reference was offered in four precious metals including yellow gold, pink gold, white gold and platinum. The reference remained in production until 2007 with a total of four series produced across its production span.

    The present example Patek Philippe ref. 3940 cased in yellow gold with a movement number 770’485 belongs to a rare example from the first series. Featuring a unique trait specific to early examples, it features sunken registers and a solid caseback. It is believed by scholars that only 1,300 examples of the reference were produced in the first series making them extremely sought-after and rare today. The present example is complete with its full set of accessories including its original Patek Philippe Certificate of Origin stamped Chronometrie Beyer dated 1987.

  • 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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Ref. 3940
An attractive and rare yellow gold perpetual calendar wristwatch with moon phases, 24-hour, leap year indication, Certificate of Origin and presentation box

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

HK$160,000 - 320,000 

Sold for HK$441,000

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001

Hong Kong: Watches Online Auction I

21-27 July 2022 (Registration ends 6pm HKT 26 July)