Important Watches II · 14 May 2025

'150th Anniversary', Reference 3960 | A limited edition yellow gold officer wristwatch | Made

'150th Anniversary', Reference 3960 | A limited edition yellow gold officer wristwatch | Made in 1989

Patek Philippe · reference 3960

Sotheby's, May 2025

Hammer result

CHF 12,700

about $15,124 at today's rate

37% below the high estimate
Low estimate CHF 10,000
High estimate CHF 20,000
In USD $11,909 to $23,818

The lot

Auction house

Sotheby's

Sale

Important Watches II

Date

14 May 2025

Lot number

308

Reference

3960

Brand

Patek Philippe

Year

1989

Ask against realised

$33,807 dealers ask from vs $15,124 this lot made

Across 2 dealer listings of reference 3960. The ask is what a dealer wants today, not a sale.

What this reference has made at auction

38 confirmed sales, 2012 to 2026

Average realised price per year, 2012 to 2026. Low $14,466, high $24,645.

YearSalesAverageRange
2026 1 $23,993 $23,993 to $23,993
2025 1 $15,124 $15,124 to $15,124
2024 4 $23,091 $17,740 to $35,894
2022 5 $16,800 $13,860 to $18,633
2021 3 $24,645 $15,263 to $33,300
2020 1 $22,635 $22,635 to $22,635
2018 6 $20,339 $10,918 to $31,954
2016 3 $15,135 $13,750 to $16,656
2015 1 $21,566 $21,566 to $21,566
2014 2 $14,466 $12,262 to $16,670
2013 7 $20,642 $14,613 to $35,249
2012 4 $21,579 $15,557 to $26,931

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
'150th Anniversary', Reference 3960 | A limited edition whit Sotheby's Jun 2026 GBP 17,920 ($23,993)
Reference 3960 150th Anniversary Officer | A limited edition Sotheby's Dec 2024 USD 19,200 ($19,200)
Patek Philippe. A fine and rare 18K gold manual wind anniver Bonhams Dec 2024 GBP 15,360 ($19,530)
Patek Philippe Ref. 3960 Phillips Nov 2024 HKD 279,400 ($35,894)
PATEK PHILIPPE. A RARE 18K GOLD LIMITED EDITION WRISTWATCH W Christie's May 2024 HKD 138,600 ($17,740)
Patek Philippe Ref 3960 J Officier Antiquorum Jul 2022 EUR 18,200 ($18,633)
Patek Philippe Ref 3960 J Officier Antiquorum Jul 2022 EUR 18,200 ($18,633)
Patek Philippe Ref 3960 Officier Antiquorum May 2022 CHF 17,500 ($17,752)

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