Patek Philippe Only Made 58 of These Pink Gold Watches. This One Could Fetch $1.7 Million at Auction.

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Patek Philippe Only Made 58 of These Pink Gold Watches. This One Could Fetch $1.7 Million at Auction.
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The coveted Ref. 1518 is in stellar condition. It'll headline Phillips's Geneva Watch Auction in November.

“The importance and historical relevance of Patek Philippe’s Ref. 1518 cannot be highlighted enough,” Alexandre Ghotbi, Phillips head of continental Europe and Middle East director, toldvia email. “It is a gem of engineering and design that set the blueprint not only for all subsequent perpetual calendar chronographs from Patek but for many that followed.”The Swiss watchmaker made just 281 models in a scant production run of roughly 14 years.

The hallmark is nice and crisp, while the pinholes for removing the bars remain well-defined.To top it off, the dial still features all its original enamel graphics with detailed engravings. That’s rare, to say the least. Rarer still is the fact that the day, month and moon discs are the originals from the 1940s. All three have the full movement number etched on the back, which is another anomaly considering at least one would usually be changed in service.

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