Important Modern & Vintage Timepieces

Monaco, Jan 19, 2023

LOT 55

PATEK PHILIPPE
REF. 3941 Q, SELF-WINDING, PERPETUAL BISSEXTILE CALENDAR, MOON PHASES, AM-PM INDICATION, SILVER "SIGMA" DIAL, "SECOND SERIES"; 18K YELLOW GOLD

EUR 30,000 - 50,000

USD 32,200 - 54,000 / HKD 252,000 - 418,000 / CHF 29,700 - 49,500

Sold: EUR 41,600

Very fine and rare, 18K yellow gold, self-winding, "tonneau"-shaped, gentleman's wristwatch, sapphire-crystal case-back, silver “Sigma” dial, bissextile perpetual calendar, date of the month (subsidiary dial at 6 o’clock), day of the week (subsidiary dial at 9 o’clock; indications given in English), month of the year (subsidiary dial at 3 o’clock; indications given in English), four-year cycle of leap-years (subsidiary dial at 3 o’clock), phases of the moon (aperture at 6 o’clock), diurnal (day-time) and nocturnal (night-time) hours with a 24-hour (AM-PM) scale (subsidiary dial at 9 o’clock).


Grading System
Grade: AAA

Excellent

Case: 3-8

Good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original

Brand Patek Philippe, Geneva

Model Perpetual Calendar; "Second series"

Reference 3941 Q

Year circa 1990

Movement No. 771 587

Material 18K yellow gold

Bracelet leather strap

Buckle 18K yellow gold PP buckle

Diameter 36 mm.

Caliber 240 Q aut, 22K yellow gold micro-rotor, 27 jewels

Weight 58.6 gr. (approx.)

Accessories certificate of origin, instructions booklet, invoice, red Patek Philippe leather document holder

Notes

Patek Philippe, Reference 3940 and Reference 3941

This reference is launched in 1985 and remained in production until circa 2007.

At the time of its creation, this watch replaced the Reference 3450. The new reference is equipped with a new calibre with an oscillating weight – the micro-rotor – incorporated into the height of the movement; the result is a watch that is flatter than its predecessor.

The watch is fitted first with the Cal. 240 Q aut., with 22K yellow gold micro-rotor, then, circa 1998, with an improved version, the Cal. 240-114 (Q).

When Patek Philippe first launched this new series of watches, Ref. 3940 was the model bearing a metallic snap-on case-back, while Ref. 3941 was equipped with a screwed sapphire-crystal case-back. Very soon, the reference number of this model was standardised to Ref. 3940, sold either with one or two screwed backs; one of these backs could be a screwed metallic case-back, while the second, (non-compulsory), a screwed sapphire crystal case-back. In consequence, very few examples bear the Ref. 3941.

The model was made in four main series:

  • “Beyer” series and early examples, 1984-1985
First, gilt colour dial, then “opalin” silver dial, with sunk subsidiary dials; radial “obus” lapidated indexes and “Dauphine” hands.
Movement from No. 777 000 to No. 770 099; case from No. 2 817 xxx and up.
100 examples; the 25 first watches, gilt colour dials, especially made for Beyer, Zürich, numbered and personalised, to commemorate the 225th anniversary of Chronometrie Beyer (1780-1985). The majority were made in yellow gold, very small number in pink gold, white gold or platinum.

  • “First series”, 1985-1988
Exist also with sapphire-crystal case-back (under Ref. 3941).
“opalin” silver dial, with sunk subsidiary dials; radial “obus” lapidated indexes and “Dauphine” hands (referred as code A).
Movement from No. 777 100 up; case from No. 2 824 xxx and up.
Very few examples with metallic bracelet (under Ref. 3940-1).
Circa 1 300 examples. The majority were made in yellow gold, a few in pink and white gold and a very small number in platinum.

  • “Second series”, 1988-1998
Delivered with an extra sapphire-crystal snap-on case-back (platinum version starting in 1990).
“opalin” silver dial, with bevelled subsidiary dials; with fine lines crossing the leap-year dial; “obus” or “bullet” lapidated indexes and “Dauphine” hands; signature on dial becomes slightly larger (referred as code G).
Some bear the “SWISS” logo within the pearled minutes outer ring and a two-tone 24-hour sectors inside the AM-PM subsidiary dial.
Movement from No. 777 100 and up; case from No. 2 848 xxx and up.
Very few examples with metallic bracelet (under Ref. 3940-1).
Circa 3 500 examples. The majority were made in yellow gold (circa 1 680 ex.), a few in pink gold (circa 630 ex.), white gold (circa 560 ex.) and platinum (circa 630 ex.).

  • “Third series”, 1998-2007 (“Mark1” before 2003; “Mark 2”, after 2003).
Delivered with an extra sapphire-crystal snap-on case-back.
Improved movement, the Cal. 240-114 (Q).
Satin-finish “opalin” silver dial, with bevelled subsidiary dials; with fine lines crossing the leap-year dial; “obus” lapidated indexes and “Dauphine” hands; signature on dial becomes again slightly larger (referred as code G).
The two Greek letters “Sigma” around the “SWISS” logo disappeared.
Movement from No. 3 123 100 and up; case from No. 4 01x xxx and up.
Very few examples with metallic bracelet (under Ref. 3940-1).
Circa 2 200 examples. The majority were made in yellow gold (circa 770 ex.) and pink gold (circa 660 ex.), a few in white gold (circa 440 ex.) and platinum (circa 330 ex.).
Variation with white lacquered dial with black painted radial Roman numerals.
The so-called “Mark 2” has cases made by Calame, La Chaux-de-Fonds, not any more by Favre-Perret, La Chaux-de-Fonds; the Master case-maker hammer “115” becomes “357”; case No. from 4 2xx xxx and up.
Delivered with deployant clasp.

The total production is about 7000 examples over almost 22 years.

Bibliography
  • Huber, Martin, & Banbery, Alan, Patek Philippe Wristwatches, 1998, p. 292-293, ill. 451 a-d and p. 294, ill. 452 (colour photos and technical drawings).

--

“Sigma” dials

In the 1970-1990s, the presence of the two Greek letters “Sigma” on either side of “SWISS” was intended to give a distinctive sign to Swiss-made dials with solid gold hour-indexes. Only members of APRIOR (Association pour la Promotion Industrielle de l’Or) were entitled to use this mark; among them, Patek Philippe, Rolex, Vacheron Constantin, IWC and Omega.

--