Fine Watches · 13 December 2024

Reference 3970 E ‘Third Series’ | A yellow gold perpetual calendar chronograph wristwatch with

Reference 3970 E ‘Third Series’ | A yellow gold perpetual calendar chronograph wristwatch with moon phases, leap year, and 24 hour indication, Made in 1994

Patek Philippe · reference 3970

Sotheby's, December 2024

Hammer result

USD 114,000

5% below the high estimate
Low estimate USD 80,000
High estimate USD 120,000

The lot

Auction house

Sotheby's

Sale

Fine Watches

Date

13 December 2024

Lot number

334

Reference

3970

Brand

Patek Philippe

Year

1994

Ask against realised

$103,702 dealers ask from vs $114,000 this lot made

Across 3 dealer listings of reference 3970. The ask is what a dealer wants today, not a sale.

What this reference has made at auction

39 confirmed sales, 2014 to 2026

Average realised price per year, 2014 to 2026. Low $13,181, high $415,352.

YearSalesAverageRange
2026 3 $415,352 $136,691 to $838,200
2025 4 $13,181 $9,038 to $25,609
2024 5 $217,734 $6,425 to $416,046
2023 1 $99,586 $99,586 to $99,586
2022 4 $153,274 $98,655 to $228,241
2021 3 $161,261 $124,875 to $208,355
2020 1 $85,707 $85,707 to $85,707
2019 3 $82,667 $61,325 to $98,922
2018 4 $80,348 $52,852 to $114,726
2016 2 $75,753 $67,671 to $83,835
2015 6 $107,997 $77,130 to $205,100
2014 3 $84,252 $62,500 to $112,867

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 Ref. 3970 “First Series” Phillips Jun 2026 USD 838,200
Patek Philippe Ref 3970 Perpetual Calendar Chronograph Antiquorum May 2026 HKD 2,125,000
Patek Philippe Ref 3970 Antiquorum May 2026 CHF 106,250
Patek Philippe Ref 3970 Antiquorum May 2025 CHF 7,500
Patek Philippe Ref 3970 Antiquorum May 2025 CHF 7,500
Patek Philippe Ref 3970 Antiquorum May 2025 CHF 21,250
Patek Philippe Ref 3970 Antiquorum May 2025 CHF 7,500
Patek Philippe Ref. 3970 Phillips Nov 2024 HKD 3,238,500
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