Patek Philippe Ellipse Automatic

Regular price
$22,950
Regular price
Sale price
$22,950
REF 3861
Automatic-winding
32.5 MM
– Show less
SKU AS12670
Article Number 40931106
ref 3861
case size 32.5 MM
movement Automatic-winding
approximate age 1970s
dial color Blue
material White Gold
style Dress
category Vintage
bracelet Leather
lug width 18 MM
Includes Patek Philippe signed, black alligator leather strap with signed, 18K Ellipse pin buckle.
overall condition Great condition overall. Case shows normal signs of wear associated with age and use. Dial and handset are in great condition have even patination throughout.
REF 3861
Automatic-winding
32.5 MM
– Show less
SKU AS12670
Article Number 40931106
ref 3861
case size 32.5 MM
movement Automatic-winding
approximate age 1970s
dial color Blue
material White Gold
style Dress
category Vintage
bracelet Leather
lug width 18 MM
Includes Patek Philippe signed, black alligator leather strap with signed, 18K Ellipse pin buckle.
overall condition Great condition overall. Case shows normal signs of wear associated with age and use. Dial and handset are in great condition have even patination throughout.

Why We Love it

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There is more to the Patek Philippe Ellipse than the familiar oval.

Introduced in 1968, the Golden Ellipse established one of Patek Philippe’s most enduring design languages: thin, elegant, and reduced to little more than case, dial, and two hands. During the 1970s, however, Patek began pushing that idea into less predictable territory, experimenting with unusual geometries that today rank among the most interesting designs in the manufacture’s vintage catalog.

The Reference 3861 is a particularly good example. Rather than the smooth oval normally associated with the Ellipse, its 18K white-gold case takes on a broad cushion shape with subtly faceted, almost hexagonal geometry and a stepped bezel. Period examples date the reference to the late 1970s, with documented white-gold versions appearing around 1979.

Against the cool white gold, the blue sunburst dial is spectacularly simple. Applied white-gold baton markers and slender hands are the only interruptions, allowing the changing blue finish to do most of the work. Depending on the light, it shifts from nearly black to electric blue, giving an otherwise restrained dress watch considerably more character.

Inside is one of the details that makes the 3861 especially compelling: Patek Philippe’s ultra-thin, self-winding Calibre 240. The movement uses an off-center 22K gold micro-rotor, allowing automatic winding without the thickness of a conventional full-sized rotor. Period Ref. 3861 examples are documented with the 27-jewel Calibre 240 and Gyromax balance, while the movement architecture remains one of Patek Philippe’s signatures today.

That combination of unconventional case design and sophisticated ultra-thin mechanics makes the 3861 feel remarkably modern. It comes from an era when Patek Philippe was willing to play with shape, proportion, and color while still producing an exceptionally refined dress watch. This example is rendered in 18K white gold with a blue sunburst dial, paired with a black alligator leather strap and a matching Patek Philippe white-gold pin buckle.

For anyone who thinks vintage Patek begins and ends with round Calatravas and conventional Golden Ellipses, the Ref. 3861 is a welcome reminder of just how sly and adventurous the manufacture could be.

Brand Story

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Founded in Geneva in 1839, Patek Philippe occupies a rare position in watchmaking: a manufacture whose name has become shorthand for the very highest level of traditional Swiss horology. Its reputation has been built not simply on complication, but on an extraordinary continuity of design, technical innovation, hand-finishing, and craftsmanship. From the elemental elegance of the Calatrava to milestones such as the Reference 1518, the first serially produced perpetual-calendar chronograph wristwatch, Patek Philippe has repeatedly created watches that define their categories rather than participate in them.

Family-owned and independent since the Stern family acquired the company in 1932, Patek has the unusual freedom to think in generations rather than seasons. That independence has produced some wonderfully contrarian decisions, including discontinuing the wildly desirable steel Nautilus Reference 5711 at the height of its popularity. Today, its collection spans restrained dress watches, complicated masterpieces, and contemporary icons such as the Nautilus and Aquanaut, yet a remarkably consistent design language runs through them all.

For many collectors, owning a Patek Philippe represents something close to the summit of the hobby; for others, Patek becomes the hobby itself. Either way, few manufactures combine history, mechanical achievement, design, rarity, and emotion quite so convincingly. And, yes, as the famous campaign has reminded us for decades, ownership is supposedly temporary. You never actually own a Patek Philippe…

Well, you know the rest.

A:S Guarantee

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Our Pledge

Analog:Shift stands behind the authenticity of our products in perpetuity.

Condition

Since our pieces are vintage or pre-owned, please expect wear & patina from usage and age. Please read each item description and examine all product images.

Warranty

We back each Analog:Shift vintage timepiece with a two-year mechanical warranty from the date of purchase.

International Buyers

Please contact us prior to purchase for additional details on shipping and payment options.

Shipping & Returns

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All of our watches include complementary insured shipping within the 50 states.

Most of our products are on hand and will ship directly from our headquarters in New York City. In some cases, watches will be shipped directly from one of our authorized partners.

We generally ship our products via FedEx, fully insured, within 5 business days of purchase. An adult signature is required for receipt of all packages for insurance purposes. Expedited shipping is available at an additional cost. We are also happy to hand deliver your purchase in Manhattan or you may pick it up at our showroom.

Returns must be sent overnight or by priority international delivery, fully insured and paid for by the customer. A restocking fee may apply. Watches must be returned in the same condition as initially shipped.

We welcome international buyers, please contact us prior to purchase for additional details on shipping and payment options.

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Regular price
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Sale price
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Patek Philippe Ellipse Automatic

Patek Philippe Ellipse Automatic

Regular price
$22,950
Regular price
Sale price
$22,950
Patek Philippe Ellipse watch with silver case, blue dial, rose gold indices, and black leather strap.