PATEK PHILIPPE | REFERENCE 3945/1 A WHITE GOLD PERPETUAL CALENDAR BRACELET WATCH WITH MOON PHASES, 24 HOUR AND LEAP YEAR INDICATION, CIRCA 1988

Dial: silveredCalibre: cal. 240Q automatic, 27 jewelsMovement number: 772'766Case: 18k white gold, sapphire crystal display snap on backCase number: 2'875'136Closure: 18k white gold Patek Philippe bracelet and clasp Size: 36 mm diameter, bracelet circumference approximately 187 mmSigned: case, dial and movementAccessories: Patek Philippe Certificate of Origin

The movement is in working condition at the time of cataloguing. The perpetual calendar, moon phase and leap year indication is working properly. The watch is in very good overall condition with very minor signs of wear at places. The hallmarks to the band remains very crisp. The bracelet with minor signs of wear toward the sides and the clasp. The watch has really seldom been worn. Please note that the movement has not been tested for the accuracy of time and may need a service at the buyer's expense. Sotheby's does not guarantee the future working of the movement and we do not guarantee the authenticity of any individual component parts since subsequent repairs and restoration work may have resulted in the replacement of original parts. You are advised that watch straps or bands made of materials derived from endangered or otherwise protected species (i.e. alligator or crocodile) are not sold with the watch and we reserve the right to remove these straps or bands prior to shipping. Furthermore, the watch may not come with its original manufacturers strap or band. Prospective bidders should review the Conditions of Business, Authenticity Guarantee, the Guide for Prospective Buyers, and any Important Notice in the sale catalogue.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping."

Although the reference 3945 has been in Patek Philippe’s collection since 1985 it was not until 1988 that Patek Philippe had decided to introduce the pink and white gold version examples. With the movement caliber 240 Q and a silvered dial with split leap year indication and beveled-down subsidiary dials, the present watch is identified as a 2^nd series dial that is only available from 1988-1998.  Attractive and classy, the present watch is also preserved in excellent condition.