Patek Philippe Reference 3940 Men's Watch Hits $50,150 in Miller & Miller's Watches & Jewelry Auction

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Patek Philippe Reference 3940 Men's Watch Hits $50,150 successful Miller & Miller's Watches & Jewelry Auction

New Hamburg, Ontario, Canada, June 21, 2021 -/PressReleasePower/-  A Patek Philippe Reference 3940 perpetual calendar men’s ticker with 18kt achromatic golden lawsuit and clasp, 1 of the most iconic perpetual calendar wristwatches disposable today, sold for $50,150 in Miller & Miller Auctions, Ltd.’s online-only Watches & Jewelry auction held June 12th. It was the apical batch successful a merchantability that grossed $305,354.

All prices quoted successful this report are successful Canadian dollars and see an 18 percent buyer’s premium.

The Patek Philippe Reference 3940 is mostly recovered successful yellowish gold, with acold less examples successful 18K achromatic gold, making the ticker successful the merchantability that overmuch much desirable. Originally purchased in 1999 from Tourneau successful New York, it was signed connected the case, movement, dial and clasp, and included the archetypal presumption container and literature.

The auction was filled with a generous offering of pouch watches unlocked from longtime collections; railroad people pouch watches from Waltham, Elgin, E. Howard Co., Ball Watch Co., Hamilton, Illinois, and galore more; vintage and modern wristwatches from luxury brands specified arsenic Rolex, Patek Philippe, Omega, Longines and others; and a select jewelry offering of rings, necklaces, bracelets and galore other investment-grade pieces.

“With Rolex and Patek Philippe prices astatine all-time highs, collectors are opening to crook their oculus to other brands,” said Justin Miller of Miller & Miller Auctions, Ltd.  “Everybody knows Rolex and Omega, but arsenic your collection grows, your tastes mature and you whitethorn make an appreciation for brands specified arsenic Vacheron Constantin, Patek Philippe oregon A. Lange & Sohne.”

Miller said Vintage Heuer sports model wrist watches person enjoyed dependable appreciation successful caller years.  “The request for original, unrestored examples has ne'er been higher,” helium said.  “Our lot 236, a Tag Heuer Autavia GMT 2446C watch, featured a bluish and reddish ‘Pepsi’ GMT bezel, a precise fashionable look with today’s collectors and enthusiasts.” The watch gaveled for a robust $17,700.

Following are additional highlights from the 314-lot auction, which attracted 456 registered online bidders who placed a full of 5,654 bids. A small much than one-third of the lots sold met oregon exceeded their pre-sale estimates, and 11 percent of tons surpassed even the high-end estimate.

A Rolex Reference 1680 red Submariner Date men’s ticker from 1972 with stainless alloy lawsuit and band, marked, "Montres Rolex S.A Geneva Switzerland Patented Stainless Steel 1680" connected the interior case-back, fetched $24,780. Also, a 1969 Rolex Reference 5513 Submariner, cleanable for athletics and scuba diving oregon utilized arsenic a tool watch (buzzwords for it included meters first, matte dial with achromatic substance and calibre 1530), finished astatine $16,520.

A diamond solitaire ringing with a 14kt achromatic golden set and a halfway chromatic weighing 1.99 carats by standard (F color and VS2 clarity), a fabulous, investment-grade earthy diamond, positive 18 0.015-carat enarthrosis diamonds, brought $15,340. Also, a Victorian intaglio seal charm bracelet, 9kt to 18kt gold, with 16 unsocial charms, including a collapsible 9kt golden cigaret holder marked “Dunhill .375” and a pouch watch key knocked down for $4,425.

A 1978 Rolex Reference 1680 Submariner ticker with an oyster band, creamy luminous hands and a dial signed, “Rolex Oyster Perpetual Date Submariner 600 ft – 200m Superlative Chronometer Officially Certified Swiss”, gaveled for $14,750; portion a 1963 Rolex Ref. 5501 Explorer Precision watch, a alloy and 14kt golden mentation of the North American market Explorer that has go desired by collectors, commanded $5,605.

A 1983 Tag Heuer Silverstone #510.403” wristwatch with stainless alloy ticker and band, chiseled design, limited production, Lemania calibre 5012 and a treble Quick acceptable date, in overall fantabulous condition, settled astatine $5,605. Also, a 1990s Rolex Ref. 16013 Datejust watch, stainless alloy with 18kt golden bezel, a leather strap, champagne dial, Quickset date, retained successful its archetypal Rolex container with string tags and a 1988 day card, sold for $3,835.

A 14kt diamond tennis bracelet featuring 121 circular superb chopped diamonds having a full value of 2.00 carats, SI-I1 clarity and GHI colour and a gross value of 23.51 grams, 15 inches long, recovered a caller proprietor for $3,835. Also, an 18kt gold, diamond and sapphire tennis bracelet containing 18 superb chopped diamonds weighing 0.94 carats, averaging G colour and VVS2 clarity, positive 18 oval faceted mean blue sapphires, went for $1,416.

Internet bidding for the auction was facilitated by, arsenic good arsenic the Miller & Miller website: Bidders were capable to tune successful to the live webcast connected June 12th to ticker tons adjacent successful existent time. Phone and absentee bids were besides taken.

Miller & Miller Auctions, Ltd. has 3 large auctions planned for autumn, each of them falling connected a Saturday. A Toys & Nostalgia auction featuring the Bryan Beatty collection will beryllium held connected September 11th; a Canadiana merchantability is scheduled for October 9th; and a Watches & Jewels auction volition instrumentality spot connected November 20th. All will be online-only.

To larn much astir Miller & Miller Auctions, Ltd. and the auctions planned for fall, delight visit

About Miller & Miller Auctions, Ltd.:

Miller & Miller Auctions, Ltd. is Canada’s trusted seller of high-value collections and is always accepting prime consignments. The steadfast specializes successful watches and jewelry, art, antiques and high-value collectibles. Its ngo is to supply collectors with a trusted spot to bargain and sell. To consign a azygous piece, an property oregon a collection, you whitethorn telephone them astatine (519) 573-3710; or, you tin email them at To larn much astir Miller & Miller Auctions, Ltd., sojourn

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