A vintage Patek Philippe Ref. 1518 Perpetual Calendar Chronograph timepiece went under the hammer recently at the Important Modern & Vintage Timepieces Auction by the World’s Premier Auctioneers Antiquorum.
Exhibited by an American collector, this rare and classic 1951 made Patek Philippe with a rose gold bracelet was auctioned for an impressive price of $794,500 which was almost twice of its low estimated price. This specific piece was last seen at an auction on October 18th, 1997 at Antiquorum Geneva.
The watch has been kept in a well preserved condition. The case, the bracelet and the dial are shiny and look just as new. The Patek Philippe 1518, world’s first perpetual calendar chronograph wristwatch was produced in a limited edition of 281 examples from 1941 to 1952 and only few timepieces were made in pink/rose gold and sold with a detachable bracelet.
Via: Blog Perpetuelle
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