Patek Philippe - The New York Watch Auction: SIX New York Saturday, June 11, 2022 | Phillips
  • Manufacturer: Patek Philippe
    Year: Circa 2005
    Reference No: 3940-017R
    Movement No: 3’127’547
    Case No: 4’283’289
    Material: 18K pink gold
    Calibre: Automatic, cal. 240 Q, 27 jewels
    Bracelet/Strap: Crocodile
    Clasp/Buckle: 18K pink gold Patek Philippe deployant clasp
    Dimensions: 37mm Diameter
    Signed: Case, dial, movement, and clasp signed.
    Accessories: Accompanied by Patek Philippe Certificate of Origin dated 2005 and stamped Hausmann Condotti, Roma, self-winding presentation box, additional solid case back, 18K pink gold setting pin, leather envelope, product literature and outer packaging.

  • Catalogue Essay

    First launched in 1985, the reference 3940 replaced Patek Philippe’s existing perpetual calendar wristwatch, the reference 3450. Featuring a circular-shaped case, the new model presented a decidedly more "modern" aesthetic with a less angular design than its predecessor. Until its discontinuation, it was among one of Patek Philippe's longest running references ever produced.
    The reference 3940 was encased predominately in yellow gold, with fewer examples in pink and white gold, and very rarely in platinum. In 1985, the first 25 numbered wristwatches were produced to celebrate the 225th anniversary of the famed retailer Chronometrie Beyer in Zürich. That same year, Patek Philippe began standard production of the reference and continued to do so until 2007 when the brand replaced the 3940 with the larger 37mm diameter reference 5140 powered by the same caliber 240Q movement.
    The present example is well-preserved and features a rare, lacquered dial with Roman numerals, and railway track outer minutes – specific to the 3940-017 reference. It is accompanied with its original accessories including the Certificate of Origin dated 2005 and stamped Hausmann Condotti, Roma, along with the fitted presentation box, and additional solid case back. The reference 3940 is part of Patek Philippe’s extraordinary history producing complicated timepieces reaching back to the first serially produced perpetual calendar wristwatch, the reference 1526 in 1941. Housed in a gold pink case, this watch with its uncommon dial will appeal to collectors who seek both exceptional and rare horological icons.

  • 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. 3940-017R
A rare and very fine pink gold perpetual calendar wristwatch with moon phase, Certificate of Origin, additional solid case back, setting pin, and presentation box

Circa 2005
37mm Diameter
Case, dial, movement, and clasp signed.

$20,000 - 40,000 

Sold for $56,700

Contact Specialist

Paul Boutros

Head of Watches, Americas

+1 (212) 940-1293


Isabella Proia

Head of Sale, New York

+1 (212) 940 1285

The New York Watch Auction: SIX

New York Auction 11-12 June 2022