Patek Philippe Tonneau Watches: Collector's Guide
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Patek Philippe Tonneau Watches: Collector's Guide

By anaroku · Jul 29, 2025 · 28 replies
anaroku
WPS member · Patek Philippe forum
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Anaroku's quest for the perfect tonneau-shaped Patek Philippe Perpetual Calendar highlights the nuanced preferences that define high-horology collecting. His detailed comparison of references like the 5940, 5040, and 5140, focusing on elements such as hand design and the presence of a seconds hand, offers invaluable insights into the subtle distinctions that elevate a watch from merely beautiful to truly ideal for a discerning collector. This exploration underscores how personal aesthetics drive collecting decisions, even within Patek Philippe's esteemed perpetual calendar lineage.

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All photos except the first one are taken from various sources. Thank you.

This is a 5940j that I once owned. I bought it because I was very attracted to the tonneau case and the cream-colored dial. However, the main reasons I ended up selling it were that it didn’t have a second hand (I'm picky about second hands on anything other than the Golden Ellipse) and the shape of the leaf hands (especially the 's') was too rough. It's puffy inside and I don't like it.




My ideal leaf hand is something like this. It has a great proportion.




After the 5940 was discontinued, I first saw the 5940g-010 in a Japanese department store and was fascinated by the bold black dial and the clear white lettering on it. However, the market price for the 5940 at the time had softened considerably, so I hesitated to buy it at the list price of over 10 million yen in Japanese yen.




I generally like white models, so of course I find the 5940g-001 to have a clean beauty. At the time, I asked a certain store if they could exchange it for my J, but they asked for a huge difference in price, so I gave up on getting it again. In any case, the lack of a second hand remains.




As you know, Patek Philippe has several pairs of round and tonneau cases equipped with the same movement. The most famous are the 3970 and 5020 (manually wound CH27-70), the 3940 and the 5040 (which have many variations), and the 5140 and 5940 (both 240Q). Of these, I like the case design of the 5940 the best.




I am very picky about having a second hand, and even the well-proportioned 5140 was a big sell for that reason, but the 5020 doesn’t appeal to me. It doesn't feel right on the wrist, and it's just too expensive.




This message has been edited by India Whiskey Charlie on 2025-07-29 01:29:03

About the Patek Philippe Grand Complications Ref. 3940

The Patek Philippe Reference 3940 is a perpetual calendar wristwatch that was introduced in 1985, succeeding the Reference 3450. It is notable for its relatively slim profile and the integration of a perpetual calendar complication in a refined case. This reference became a cornerstone of Patek Philippe's complicated watch offerings for nearly two decades, establishing a design language for subsequent perpetual calendar models. It represents a significant period in the brand's modern history of complicated timepieces.

The watch features a 36mm case, typically crafted from yellow gold, rose gold, white gold, or platinum. It houses the self-winding Caliber 240 Q movement, which is known for its micro-rotor construction, contributing to the movement's thinness and allowing for a slimmer case profile. The movement provides a power reserve of approximately 48 hours. The dial is protected by a sapphire crystal, often accompanied by an interchangeable solid case back and a sapphire display back.

Reference 3940 is highly regarded by collectors for its classic proportions and the enduring appeal of its perpetual calendar display, which includes day, date, month, leap year cycle, and moon phases. It was produced in several series, with subtle variations in dial layout and typography, making early series examples particularly sought after. The reference is considered a benchmark for perpetual calendar watches and remains a significant piece for those appreciating traditional horological complications.

Specifications

Caliber
240 Q
Case
Yellow Gold, Rose Gold, White Gold, Platinum
Diameter
36mm
Dial
Silver, White, Opaline
Crystal
Sapphire

Key Points from the Discussion

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The Discussion
GL
GLau
Jul 29, 2025
Hi Shun san, Thanks for sharing your thoughts !

Interesting to learn that the seconds hand is important to you ! Is this function important to you because of time measurement or aesthetic reasons ?

AN
anaroku
Jul 29, 2025
That's because I want to make sure the watch is working when I wear it.

AN
anaroku
Jul 29, 2025
Thank you so much! It's very simple.

QU
quattro
Jul 29, 2025
This ref. 5030 is truly beautiful and your example is really lovely.

The reference also exists with leaf hands, generally with painted Arabic numerals. But there is a very rare and, to my eyes, absolutely wonderful variant with a black dial and diamond indexes. Vacheron Constantin has also done a no-date, no-seconds hand version, ref. 31150 with Breguet numerals and textured dial. Best, Emmanuel credit: atelier tempus, antiquorum & arbitro

OR
orahu
Jul 29, 2025
I think it looks simply divine!

MD
mdg
Jul 29, 2025
The 5940 is a lovely watch, but you are correct about the hands...

...they are not the traditional 'leaf' hands. They are similar to the 5950A, but I think they look better on the 5950A. Japanese special editions are usually very beautiful and interesting as long as the price isn't too high.

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