The Rolex Forums   The Rolex Watch

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Old 20 February 2018, 09:56 PM   #1
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Patek 3940p blue face

Anyone knows about them? Apparently 12 made.

Just been offered one.

No idea on valuation.
erics is offline   Reply With Quote
Old 20 February 2018, 11:58 PM   #2
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,065
A few on chrono24 so check them out, looks like £40-50K.
AK797 is offline   Reply With Quote
Old 21 February 2018, 02:55 AM   #3
goog53
"TRF" Member
 
Join Date: Dec 2010
Real Name: Mike G
Location: Ohio
Watch: Rolex-Patek-AP
Posts: 3,049
Any pics to show?
__________________
The only thing better than the watches are the people behind them.

"The best watch in the world is the one that's on your wrist." Morgan King

"Do you like having a good time? Then you need a good watch!" Rocky Balboa
goog53 is offline   Reply With Quote
Old 21 February 2018, 09:37 AM   #4
mps354
2024 Pledge Member
 
mps354's Avatar
 
Join Date: Jul 2012
Real Name: Mike
Location: CT
Posts: 8,968
didnt know they exist, but i bet they look amazing
mps354 is offline   Reply With Quote
Old 21 February 2018, 09:59 AM   #5
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by AK797 View Post
A few on chrono24 so check them out, looks like £40-50K.
Blue faced 3940p? Pls show me where.
erics is offline   Reply With Quote
Old 21 February 2018, 10:00 AM   #6
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by goog53 View Post
Any pics to show?
Hopefully getting one before the end of the week.
erics is offline   Reply With Quote
Old 21 February 2018, 12:50 PM   #7
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,065
Quote:
Originally Posted by erics View Post
Blue faced 3940p? Pls show me where.
Ah, think I only saw white, blue is very rare indeed.

What's your price?
AK797 is offline   Reply With Quote
Old 22 February 2018, 06:15 AM   #8
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Watch am being offered is £100k. Yet to see the pic...
erics is offline   Reply With Quote
Old 22 February 2018, 09:22 AM   #9
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,065
Quote:
Originally Posted by erics View Post
Watch am being offered is £100k. Yet to see the pic...
Ouch, that's a pretty steep premium on the white dials. I think you'd better speak to dealers on what they will pay should you want to sell in future.
AK797 is offline   Reply With Quote
Old 24 February 2018, 01:45 AM   #10
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
No one i know has ever seen one. There is none on the internet. Hence extremely hard to value.

Welcome anyone with further thoughts. Base reasoning is 3940p (normal white face) which is £50,000 give or take a bit. But this is a different ball game altogether.
Attached Images
File Type: jpg pp1.jpg (35.6 KB, 431 views)
File Type: jpg pp2.jpg (28.1 KB, 423 views)
File Type: jpg pp3.jpg (45.3 KB, 430 views)
File Type: jpg pp4.jpg (62.7 KB, 435 views)
erics is offline   Reply With Quote
Old 24 February 2018, 02:04 AM   #11
dbfagan
"TRF" Member
 
Join Date: Aug 2014
Real Name: David
Location: NOVA
Posts: 523
That is a 5140P

I think the papers may be fake. The 3940 is 36mm and the 5140 is 39mm (or thereabouts). Also the dials are drastically different, the font on the 5140 is much larger and the date numbers are shrunk where the sub dials come in close proximity of each other.

David
dbfagan is offline   Reply With Quote
Old 24 February 2018, 02:08 AM   #12
dbfagan
"TRF" Member
 
Join Date: Aug 2014
Real Name: David
Location: NOVA
Posts: 523
3940 vs 5140

Quote:
Originally Posted by dbfagan View Post
I think the papers may be fake. The 3940 is 36mm and the 5140 is 39mm (or thereabouts). Also the dials are drastically different, the font on the 5140 is much larger and the date numbers are shrunk where the sub dials come in close proximity of each other.

David
The 3940 is to the left
Attached Images
File Type: jpg patek_image.3592703.jpg (137.9 KB, 424 views)
dbfagan is offline   Reply With Quote
Old 24 February 2018, 02:25 AM   #13
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by dbfagan View Post
I think the papers may be fake. The 3940 is 36mm and the 5140 is 39mm (or thereabouts). Also the dials are drastically different, the font on the 5140 is much larger and the date numbers are shrunk where the sub dials come in close proximity of each other.

David
The watch is pukka 100%. Went to Patek London for inspection.

Just check a 5140p next to it: it has Swiss written at bottom of dial. This 3940p does not.

It is a correct 36mm 3940p. The papers are correct. Feel free not to believe it but i am 100% confident in my source and in the watch.

The only thing that i am not sure about is the valuation.
erics is offline   Reply With Quote
Old 24 February 2018, 02:26 AM   #14
tng11
"TRF" Member
 
Join Date: Jun 2016
Location: N/A
Posts: 3,629
Quote:
Originally Posted by erics View Post
No one i know has ever seen one. There is none on the internet. Hence extremely hard to value.

Welcome anyone with further thoughts. Base reasoning is 3940p (normal white face) which is £50,000 give or take a bit. But this is a different ball game altogether.
I would be suspicious of the papers. They are of the most recent stock with the shiny gold printing on them, and started around early 2016. I am not sure if there were 3940s produced that late? The 5140P would have been in production, but the dial spacing clearly shows it's not a 5140P either.
tng11 is offline   Reply With Quote
Old 24 February 2018, 02:29 AM   #15
tng11
"TRF" Member
 
Join Date: Jun 2016
Location: N/A
Posts: 3,629
Quote:
Originally Posted by erics View Post
The watch is pukka 100%. Went to Patek London for inspection.

Just check a 5140p next to it: it has Swiss written at bottom of dial. This 3940p does not.

It is a correct 36mm 3940p. The papers are correct. Feel free not to believe it but i am 100% confident in my source and in the watch.

The only thing that i am not sure about is the valuation.
Interesting. Good to have that confirmation. Was it some kind of special run like the Saatchi 3940 with pink dial?
tng11 is offline   Reply With Quote
Old 24 February 2018, 02:52 AM   #16
Russell996
2024 Pledge Member
 
Russell996's Avatar
 
Join Date: May 2016
Location: UK
Posts: 4,150
Quote:
Originally Posted by erics View Post
The watch is pukka 100%. Went to Patek London for inspection.

Just check a 5140p next to it: it has Swiss written at bottom of dial. This 3940p does not.

It is a correct 36mm 3940p. The papers are correct. Feel free not to believe it but i am 100% confident in my source and in the watch.

The only thing that i am not sure about is the valuation.
If you don't want it I do!

Surely it comes down to how much the owner wants?

Piece has the same hand design as the salmon dial 175th version.

http://www.watchprosite.com/page-wf....03/pi-7086438/
Russell996 is offline   Reply With Quote
Old 24 February 2018, 03:00 AM   #17
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by tng11 View Post
I would be suspicious of the papers. They are of the most recent stock with the shiny gold printing on them, and started around early 2016. I am not sure if there were 3940s produced that late? The 5140P would have been in production, but the dial spacing clearly shows it's not a 5140P either.
Quote:
Originally Posted by tng11 View Post
Interesting. Good to have that confirmation. Was it some kind of special run like the Saatchi 3940 with pink dial?
I think that it is a Newly re-edited like 175 anniversary Salmon dial. Will try and get the exact prod date.
erics is offline   Reply With Quote
Old 24 February 2018, 03:01 AM   #18
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by Russell996 View Post
If you don't want it I do!

Surely it comes down to how much the owner wants?

Piece has the same hand design as the salmon dial 175th version.

http://www.watchprosite.com/page-wf....03/pi-7086438/
last i heard was in excess of £100k. Pm me if genuine interest.
erics is offline   Reply With Quote
Old 24 February 2018, 03:38 AM   #19
jon_jon
"TRF" Member
 
Join Date: Mar 2009
Location: USA
Posts: 4,340
Patek occasionally makes special edition watches with different dial color. If they are not in a catalog, most people are not aware of their existence.

There is no reason to doubt the authenticity of this piece, as long as the numbers match on the watch and the papers.

The valuation for a piece like this will depend on the market for one. Will resellers and collectors want this piece when a 5140P is available for quite a bit less? There may be a market for it, but we will not know for sure.
jon_jon is offline   Reply With Quote
Old 24 February 2018, 04:09 AM   #20
dbfagan
"TRF" Member
 
Join Date: Aug 2014
Real Name: David
Location: NOVA
Posts: 523
Quote:
Originally Posted by erics View Post
The watch is pukka 100%. Went to Patek London for inspection.

Just check a 5140p next to it: it has Swiss written at bottom of dial. This 3940p does not.

It is a correct 36mm 3940p. The papers are correct. Feel free not to believe it but i am 100% confident in my source and in the watch.

The only thing that i am not sure about is the valuation.
Look a the '27' on your watch, the 3940 and the 5140. Your watch and the 5140 both have the squished '27'. This is one of the biggest complaints when they upsized the 3940 into a 5140. If that is a 3940, it has the dial of a 5140.

If you want a second opinion, post it on Timezone and see William Massena comes back with. It is your money, I would just hate to see you get ripped off.
dbfagan is offline   Reply With Quote
Old 24 February 2018, 04:59 AM   #21
enjoythemusic
2024 Pledge Member
 
enjoythemusic's Avatar
 
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,265
Yes the blue dial version is real. Remember when it was first released. Valuations can be tricky because of the relatively small size of the watch and I don't recall them coming up for auction much but I would check auction sites just at least have an idea where it may have sold.

Warning: I've seen the same Patek for 20 grand in USA and 40 grand in Asia, so keep that in mind. Tell ya what, Albert at European Watch in Boston would prob know valuation.

I see you're in London so I called for you and they're going to get back to me and obviously if you're interested in selling it.... but that's not my point I'm just trying to figure out valuation for you. Always glad to help. :-)

By the way they also think it's a relatively recent release. For some reason I remember them making a blue dial in like the late 90s or something maybe early 2000s?
__________________
__________________
“Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson

Sent from my Etch A Sketch using String Theory.
enjoythemusic is offline   Reply With Quote
Old 24 February 2018, 05:17 AM   #22
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Quote:
Originally Posted by dbfagan View Post
Look a the '27' on your watch, the 3940 and the 5140. Your watch and the 5140 both have the squished '27'. This is one of the biggest complaints when they upsized the 3940 into a 5140. If that is a 3940, it has the dial of a 5140.

If you want a second opinion, post it on Timezone and see William Massena comes back with. It is your money, I would just hate to see you get ripped off.
Quote:
Originally Posted by enjoythemusic View Post
Yes the blue dial version is real. Remember when it was first released. Valuations can be tricky because of the relatively small size of the watch and I don't recall them coming up for auction much but I would check auction sites just at least have an idea where it may have sold.

Warning: I've seen the same Patek for 20 grand in USA and 40 grand in Asia, so keep that in mind. Tell ya what, Albert at European Watch in Boston would prob know valuation.

I see you're in London so I called for you and they're going to get back to me and obviously if you're interested in selling it.... but that's not my point I'm just trying to figure out valuation for you. Always glad to help. :-)

By the way they also think it's a relatively recent release. For some reason I remember them making a blue dial in like the late 90s or something maybe early 2000s?
Cheers guys. Really appreciate the help. I certainly am not rushing into anything and i am as skeptical as any of you. I too question the paper work and i think that it could be an extract but i do not know this as fact just yet.

Just as i do not know the production year of the watch either.

Even if it does not lead anywhere, i think that it is of interest to any keen PP enthusiast to know of the existence of such watches. Seeing it in pictures was already a big step for me!

Curious to hear about any update on valuation btw!
erics is offline   Reply With Quote
Old 24 February 2018, 06:05 AM   #23
jon_jon
"TRF" Member
 
Join Date: Mar 2009
Location: USA
Posts: 4,340
If the Certificate has a date on it, that should give an indication of production year (or some time close to it). Also looking at the movment will tell you if it has the Patek seal or Geneva seal. The seals changed over around 2009, so movement made afterwards should have the Patek seal.
jon_jon is offline   Reply With Quote
Old 24 February 2018, 08:00 AM   #24
goog53
"TRF" Member
 
Join Date: Dec 2010
Real Name: Mike G
Location: Ohio
Watch: Rolex-Patek-AP
Posts: 3,049
Eric, the watch is 100% Real! When I did an incoming for my 3940G-029 Salmon Dial this is what I wrote:
“The case is 36mm which works well for my wrist. The dial has elements of the 5140 with the small 27 and 5 around the moonphase and the hour and minute hands for this piece are leaf hands which match the subdials when in the past Patek has chosen to use sword hands on their PCs for the hour and minute hands. They have chosen to use square hour markers for 3-5-7-9 which I do not believe has been done before. Also, The movement has the Geneva Seal on it vs the PP seal as this reference was retired in 2007. I also noticed at the bottom of the dial it does not say Swiss Made which I found interesting. My guess is they wanted to maximize the space on the dial and decided to forego that. All of these little details make the watch very interesting and special to Me.”

As for the price, I personally would not pay that. I am biased and love My Salmon dial because to my knowledge it wasnt ever offered in any standard production model 3940-5140-5327. They make a 5140P which is beautiful and could be had for much cheaper. I just see this 3940P as having the same color dial as the generation that came after it. Even though I prefer the 3940 to 5140, I don’t think that price is merited when you can get a damn close version for half the cost. Just my 2cents.


Sent from my iPhone using Tapatalk
__________________
The only thing better than the watches are the people behind them.

"The best watch in the world is the one that's on your wrist." Morgan King

"Do you like having a good time? Then you need a good watch!" Rocky Balboa
goog53 is offline   Reply With Quote
Old 24 February 2018, 09:28 AM   #25
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
Hi Mike, yes i followed your post closely when you first got the watch. A stunner!

I was on the list too and despite being at the 175 dinner and having a long chat with TS at the time, i was not chosen to get one...

Thank you for your views and details about your watch... i somewhat agree on 3940p v 5140p. As you say, just a question of money.
erics is offline   Reply With Quote
Old 24 February 2018, 11:18 PM   #26
enjoythemusic
2024 Pledge Member
 
enjoythemusic's Avatar
 
Join Date: Nov 2012
Real Name: Steven
Location: Glocal
Posts: 19,265
Quote:
Originally Posted by erics View Post
i somewhat agree on 3940p v 5140p. As you say, just a question of money.
Also agree, have a feeling the blue dial will be priced 'far too high' imho because of the current 'blue dial mania' in the marketplace. This year's blue could be next year's brown could be.... Reminds me of the fashion industry, as this year's hot fashion item for men is a velvet blazer/jacket. So after a few years of obscurity, am once again 'dusting off' my now vintage Dolce&Gabbana deep burgundy patterned velvet smoking jacket.

Ahhh... fashion.
__________________
__________________
“Life should not be a journey to the grave with the intention of arriving safely in a pretty and well preserved body, but rather to skid in broadside in a cloud of smoke, thoroughly used up, totally worn out, and loudly proclaiming 'Wow! What a Ride!'” -- Hunter S. Thompson

Sent from my Etch A Sketch using String Theory.
enjoythemusic is offline   Reply With Quote
Old 25 February 2018, 01:14 AM   #27
AK797
2024 Pledge Member
 
AK797's Avatar
 
Join Date: Feb 2010
Real Name: Neil
Location: UK
Watch: ing ships roll in
Posts: 59,065
I was going to say £70K, at 100K there is such a small pool of buyers that you have to rely on luck and be ready to wait a long time. Unless it's a sure keeper for you, not worth the risk.
AK797 is offline   Reply With Quote
Old 26 February 2018, 11:48 PM   #28
erics
"TRF" Member
 
erics's Avatar
 
Join Date: Oct 2009
Location: london
Watch: 5712r, XX, 1675
Posts: 188
so the watch has been manufactured more or less at the same time as the Salmon Dial 175th Anniversary. It had been sitting at the dealers for most of this time who kept it to offer to a VIP client. My contact bought many watches from said dealer and got it offered. Papers dated 2018. I think little hope of getting it for less than £100k.

Very special watch... at a price!
erics is offline   Reply With Quote
Old 27 February 2018, 12:50 AM   #29
goog53
"TRF" Member
 
Join Date: Dec 2010
Real Name: Mike G
Location: Ohio
Watch: Rolex-Patek-AP
Posts: 3,049
When the Salmon and Rose 175th Anniversary 3940s were introduced the price was £66,670 and exchange rate to USD was around 1.50 I believe. I have been offered $115k for mine but declined.
__________________
The only thing better than the watches are the people behind them.

"The best watch in the world is the one that's on your wrist." Morgan King

"Do you like having a good time? Then you need a good watch!" Rocky Balboa
goog53 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

Takuya Watches

Bobs Watches

My Watch LLC

OCWatches

DavidSW Watches

Coronet


*Banners Of The Month*
This space is provided to horological resources.





Copyright ©2004-2024, The Rolex Forums. All Rights Reserved.

ROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEXROLEX

Rolex is a registered trademark of ROLEX USA. The Rolex Forums is not affiliated with ROLEX USA in any way.