Patek Philippe Ref. 1518 (steel)
- Maker
- Patek Philippe
- Year
- 1941-1954
- Rank
- 27 of 100
Patek Philippe Ref. 1518 (steel)
Patek Philippe Ref. 1518 (steel) by Patek Philippe (1941-1954) is ranked 27 in the FLOAT 100 for Watches. It sold for $17,600,000 on 8 November 2025. The world's first serially-produced perpetual calendar chronograph wristwatch; in steel it is the most valuable vintage Patek ever sold at auction.
What is it, and why is it in the FLOAT 100?
The world's first serially-produced perpetual calendar chronograph wristwatch; in steel it is the most valuable vintage Patek ever sold at auction.
Ref. 1518 (perpetual calendar chronograph; steel example, 4 known)
What is the best-sourced number for it?
- Figure
- $17,600,000
- Kind
- Realized at auction
- Date
- 8 November 2025
Steel Ref. 1518 sold CHF 14.19M / ~$17.6M at Phillips Geneva, Nov 8 2025 — record for any Patek wristwatch. This is the ultra-rare STEEL example (4 known); common gold 1518s trade in the high six to low seven figures.
This is a realized sale. Somebody paid it. Source.
How this is made
- The figure
- One reference price, taken from a named public source and shown with its own kind. FLOAT does not average it with anything or adjust it for time.
- Realized or not
- A realized price is a completed sale. A market asking price and a price-guide value are not sales, and are labeled as such wherever they appear.
- Why no grade ladder
- Most FLOAT 100 entries are individual objects. There is one of this, so there is no population and no spread across grades to show.
- Archive
- 2026-08-08