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Lot #2850

Patek Philippe Perpetual Calendar 3940R-011 Third Series Box and Papers

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Introduction

Released in the mid-80s when perpetual calendar timepieces were rare, the Patek Philippe ref. 3940 would quickly become the blueprint for perpetual calendar watches following in its footsteps looking to emulate its aesthetic design and, or, success. With its distinctively classical 36mm case diameter, the ref. 3940 appeals to the pre-modern days when 36mm was seen as a large watch, and technical innovations weren’t as intricate as they are today. One of the most important timepieces within Patek’s modern history, the ref. 3940’s inoffensive construction, beautiful dial, and immaculate craftsmanship all combine to create a watch that collectors still clamor to own. But with that aside, its position as the first serially produced perpetual calendar timepiece signifies that it was the watch to begin the trend for the hyper-complex that we are still; experiencing to this day. Released at the height of the Quartz Crisis, the ref. 3940 even contributed to growing the gap between traditional Swiss artisanal craftsmanship and cheap machine-made quartz watches, ultimately one of the industry’s saving graces as it helped reestablish the Swiss' reputation as the original occupants within the industry.

Loupe This Scorecard

Grade

M 8.5

Status

Vetted & Approved

Included

Winding Box, Guarantee Papers, Second Caseback, Accessories

Est. value range

$40,000 – $60,000

The Details

Brand

Patek Philippe

Dimensions

36mm

Model

Perpetual Calendar

Movement

Automatic micro rotor cal. 240 Q

Reference

3940R

Bracelet

Leather strap

Year

2003

Condition

Excellent

Material

18kt rose gold

Included

Watch, box, papers, hang tag and pusher

Dial Color

Silver

THE DIAL
THE DIAL

Serving as the window to its soul, the ref. 3940R's dial comes decorated with the inscriptions of its various complications which hint at the incredible complexity of the cal. 240 Q movement within.

THE CONSTRUCTION
THE CONSTRUCTION

With its elegantly sloping lugs and svelte 36mm diameter, the ref. 3940R hugs the wrist as it allows the strap to comfortably drape over the wrist and provide an optimal wearing experience.

TIMING MACHINE READOUT
TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

Watch is in excellent overall condition. Case shows some minor surface wear, with some small visible marks and scratches. The hallmaks on the back of the lugs are fully present and crisp. The dial is in excellent overall condition. The DAY/NIGHT indicator on the 9 o'clock subdial has an attractive even tone. Watch is accompanied by its original winder box, second sold caseback and setting pin. Please Note: The watch is ticking at time of cataloging and the calendar mechanism advances as it should, but the timing machine readout is poor, and a service is recommended.

Please Note: Due to CITES considerations, if the watch is to be shipped outside of the USA, the exotic skin strap will have to be removed.

Our Perspective

One of the most important watches in Patek's history, the ref. 3940 contributed to the decline in demand for quartz-powered watches as collectors, and the public, began to cherish the artistry within traditional watchmaking and all of its various crafts.

Justin Gruenberg

Co-founder