Here we have an excellent representation of Patek Philippes Ellipse dress watches, this ref. 3948 hit all the high notes with an 18k yellow gold case, a wonderful rare enamel dial in flawless condition with golden stick hour markers and alpha handset. Our model is very rare because of the sub second, the most Ellipse models come without it.

The cherry on the cake that it comes in all original condition including the original alligator strap and 18k yellow gold Patek buckle.

CASE:

• excellent overall condition, showing minor traces of use (unpolished)
• 3- body 18k yellow gold case (Favre & Perret) with snap-on case back (Patek Philippe sticker on the back)
• 27 mm (without crown) / 32 mm (lug-to-lug) / 18 mm (between lugs) / 2.2 mm thick
  
• Ref.: 3948
• Year: 1980s
• total weight: 79 g

MOVEMENT:

• Patek Philippe Cal. 215 PS - manual wind
• 18 jewels, 18000 A/h, 44 hours power reserve
• professionally serviced 06/2024
• +15 sec/d / 280°

DIAL:

• original never touched enamel Sigma dial in flawless condition
• original hands & crown
  

STRAP & BUCKLE:

• original Patek Philippe (PPC) alligator leather strap fitting up to 120 cm wrist size / 2.7 mm thick
• original Patek Philippe 18k yellow gold buckle
• the original Patek alligator strap has some signs of wearing (see pictures), on some spots the top layer of the leather is rubbed off

GOLDAMMER REFERENCE: #539