Important Modern and Vintage Timepieces

New York, Apr 10, 2013

LOT 98

PATEK PHILIPPE REF. 1518 PERPETUAL CALENDAR CHRONOGRAPH YELLOW GOLD Patek Philippe, Genève, No. 862930, case No. 629588, Ref. 1518. Made in 1942, sold June 12th, 1943. Very fine and very rare, 18K yellow gold wristwatch with perpetual calendar, moon phases, square button chronograph, register and tachometer. Accompanied by the Extract from the Archives and an associated 18K yellow gold bracelet.

USD 150,000 - 250,000

HKD 1,165,000 - 1,940,000 / CHF 145,000 - 240,000

Sold: USD 197,500

C. Three-body, solid, polished and brushed, concave bezel and lugs, snap-on case back, 8 mm winding crown. D. Satine silver with applied yellow gold Arabic numerals and round 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???, stamped with the Seal of Geneva quality mark, 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. Property from an American Collection


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Grading System
Grade:
Case: 2

Very good
Movement: 2*

Very good

Overhaul recommended, at buyer's expense
Dial: 2-51-01

Very good

Partially reprinted

HANDS Original

Notes

Production of reference 1518 was launched in 1941 and was discontinued in 1952. A total of only 281 examples were produced, the majority of which were cased in yellow gold. It is known as the world?s first perpetual calendar chronograph wristwatch to be produced in a series by any manufacturer. The present lot was manufactured in 1942 and sold on June 12th, 1943.