• 240Q automatic nickel lever movement stamped with the Geneva seal, 27 jewels, 21k gold micro-rotor • silvered dial, applied faceted baton indexes, three subsidiary dials indicating day combined with 24-hour indicator, month combined with leap year indicator and date combined with aperture for moon-phases • stepped bezel, snap back • 18k yellow gold integral woven bracelet • case, dial, bracelet and movement signed

Reginald H. Fullerton, Jr.

The movement is working when cataloguing and calendar correctors are functioning correctly. The pusher for moon-phases is a little bit sticky. Service is recommended for accurate time keeping. Dial is nice and clean. Case with very light surface scuffs throughout. Overall condition is very good. Please note that the length of the bracelet is approximately 140 mm in interior diameter. This is considered quite short and due to the nature of the bracelet construction, it cannot easily be made larger.
"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.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Accompanied by a Certificate of Origin, wooden presentation box and outer packaging, and folder with product literature. Together with an Extract from the Archives confirming sale on November 25th, 1987.

Production of reference 3945/1 began in 1985 and ceased around 1998. The model was manufactured in two series, the first with a sunken leap year dial. The second featured a cross through the leap year dial. The present model belongs to the first series.

The Ref. 3945 is distinguished from Ref. 3940 in that it features an integrated bracelet, elegant and stylistically characteristic of gentlemen's dress wristwatches in the 1980s and 1990s. Today, this watch remains a classic collectable, quintessentially Patek Philippe.