Geneva, Nov 07, 2021

LOT 563

PATEK PHILIPPE REF. 1518, FIRST SERIES, UNKNOWN TO THE MARKET, YELLOW GOLD

CHF 150,000 - 250,000

HKD 1,270,000 - 2,110,000 / USD 164,000 - 272,000 / EUR 140,000 - 234,000

Sold: CHF 575,000

A very fine and rare, manual winding, perpetual calendar chronograph wristwatch with moon phases.


Grading System
Grade:
Case: 2-8

Very good

Slightly scratched

Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-701

Very good

Brand Patek Philippe

Reference 1518

Year Circa 1946

Movement No. 863961

Case No. 644111

Bracelet Anonymous 18k yellow gold bracelet, approx. overall length 175 mm

Caliber 13’’’, 23 jewels

Dimensions 35 mm

Signature Dial, Case (with engraving) and Movement

Accessories Extract from the archives

Notes

Produced in 281 examples from 1941 to 1954, in yellow and pink gold, only four examples known to date in stainless steel. There are four distinct series of the 1518 although they did not advance chronologically as such but were available at the same time. - First series: with applied gold Arabic numerals from 1941 to 1954. - Second series: presented at the Basel Fair in 1942 with enameled hour indexes, the 12 in applied gold Arabic numerals. - Third series: with applied gold indexes, the 12 in applied gold Arabic numerals. - Fourth series: with applied gold baton indexes. With only 281 examples having been made in total, finding a fresh to the market 1518 is becoming rarer and rarer (for another fresh to the market reference 1518, please see lot 144 of this sale).
Consigned by the original family, the watch has been kept in all original condition. Still displaying thick lugs as well as a clearly visible punch mark to the underside of the lug, the dial has oxidised over the years changing to an attractive champagne color that matches the case perfectly. An extremely rare opportunity to acquire one of the unknown to the market 1518’s.