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Important Modern & Vintage Timepieces

Geneva, Nov 11, 2012

LOT 612

PATEK PHILIPPE, REF. 1518 - PERPETUAL CALENDAR CHRONOGRAPH ? FIRST SERIES Patek Philippe, Genève, No. 868103, case No. 674129, Ref. 1518, First Series. Made in 1951, sold on June 18th, 1953. Very fine and very rare, 18K yellow gold wristwatch with perpetual calendar, moon phases, square button chronograph, register, tachometer and an 18K yellow gold Patek Philippe buckle. Accompanied by the Extract from the Archives.

C. Three-body, solid, polished and brushed, concave bezel and lugs, snap-on case back, crystal with magnifi ed panel for the date apertures. D. Satine silver with applied yellow gold Arabic numerals, and dot indexes, subsidiary seconds and 30-minute register dials, graduation for the days of the month at 6, outer 1/5th seconds track and tachometer graduation, apertures for the days of the week, the months and the moon phases. Yellow gold feuille hands. M. 13''', rhodium-plated, fausses cotes decoration, 23 jewels, straight line lever escapement, cut bimetallic compensation balance with 8 adjustments, blued steel Breguet balance-spring, swan-neck micrometer regulator. Dial, case and movement signed. Diam. 35 mm. Thickness 14 mm.

CHF 200,000 - 300,000

USD 210,000 - 320,000 / EUR 165,000 - 250,000

Sold: CHF 266,500

Grading System
Case: 3


Movement: 2*

Very good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original


To the best of our knowledge this is the fi rst time that this watch has been offered at auction.
Ref. 1518. 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.Therefore the present watch is fi rst series although it was made in 1951.
- 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.
Similar watches are published in "Patek Philippe Wristwatches", by Martin Huber and Alan Banbery, 1998, p. 303.
Maintained in impeccable condition, with a near perfect dial and 2 clearly visible hallmarks, just the way collectors want their 1518's to be.