Important Modern & Vintage Timepieces · 13 November 2016

Patek Philippe ref. 3940 First Generation Perpetual Calendar Yellow Gold Patek Philippe

PATEK PHILIPPE REF. 3940 FIRST GENERATION PERPETUAL CALENDAR YELLOW GOLD Patek Philippe, Genève, "Perpetual Calendar", No. 770169, case No. 2824943 Ref. 3940J. Made circa 1991. Very fine and rare, self-winding, 18K yellow gold wristwatch with perpetual calendar, moon phases, 24 hour indication, leap year indication and an 18K yellow gold Patek Philippe buckle. Accompanied by a Patek Philippe leather folder and booklet.

Patek Philippe · reference 3940J

Antiquorum, November 2016

Hammer result

CHF 28,750

about $29,105 at today's rate

Beat the high estimate by 44%
Low estimate CHF 14,000
High estimate CHF 20,000
In USD $14,173 to $20,247

The lot

Auction house

Antiquorum

Sale

Important Modern & Vintage Timepieces

Date

13 November 2016

Lot number

311

Reference

3940J

Brand

Patek Philippe

Year

1991

View at Antiquorum › Compare dealer prices (23)

Ask against realised

$32,000 dealers ask from vs $29,105 this lot made

Across 23 dealer listings of reference 3940J. The ask is what a dealer wants today, not a sale.

What this reference has made at auction

35 confirmed sales, 2013 to 2026

Average realised price per year, 2013 to 2026. Low $28,257, high $458,788.

YearSalesAverageRange
2026 2 $458,788 $139,420 to $778,156
2025 4 $212,553 $47,880 to $647,700
2024 2 $82,492 $56,188 to $108,795
2023 3 $50,187 $38,598 to $73,334
2022 3 $76,902 $44,589 to $138,600
2021 4 $57,567 $44,332 to $62,597
2020 2 $32,820 $30,000 to $35,640
2019 1 $30,087 $30,087 to $30,087
2016 5 $28,257 $24,168 to $30,000
2015 6 $32,347 $26,957 to $41,250
2014 2 $34,851 $34,851 to $34,851
2013 1 $41,250 $41,250 to $41,250

Confirmed sales only, converted to USD at today's rate so salerooms in different currencies can be compared. Unsold lots and withheld prices are excluded from the averages.

Other sales of this reference

8 shown, most recent first

WatchHouseDateResult
PATEK PHILIPPE. AN EXCEPTIONAL AND SO FAR ONLY KNOWN 18K GOL Christie's May 2026 HKD 6,096,000 ($778,156)
PATEK PHILIPPE. A RARE 18K GOLD AUTOMATIC PERPETUAL CALENDAR Christie's May 2026 HKD 1,092,200 ($139,420)
Patek Philippe Ref. 3940J "Doré Dial" Phillips Dec 2025 USD 647,700 ($647,700)
PATEK PHILIPPE. A RARE 18K GOLD AUTOMATIC PERPETUAL CALENDAR Christie's Nov 2025 HKD 762,000 ($97,984)
Patek Philippe Perpetual Calendar 3940J 18k YG Loupe This Oct 2025 USD 56,650 ($56,650)
PATEK PHILIPPE. A RARE AND ELEGANT 18K GOLD AUTOMATIC PERPET Christie's Jun 2025 USD 47,880 ($47,880)
Patek Philippe Ref. 3940J Phillips Nov 2024 CHF 95,250 ($108,795)
Reference 3940J | A yellow gold perpetual calendar wristwatc Sotheby's May 2024 CHF 50,800 ($56,188)
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