The Ref. 1518 was introduced by Patek more than eight decades ago in 1941. It was the world’s first wristwatch powered by a serially powered perpetual calendar chronograph. The complex style of movement had previously only appeared in pocket watches before the Swiss watchmaker figured out how to fit one into something that could fit on your wrist. Just 281 examples would be made during the 13 years the watch was in production.
As good as the watch may look, there do seem to be some questions about how well it works. Doyle’s states that the movement is “currently running, but is not guaranteed to be in working order.” We imagine there are plenty of collectors who won’t mind taking a risk on it.Doyle has placed an estimate of $100,000 to $200,000 on the timepiece. That may seem like a lot for a watch that may not work, but a genuine Ref. 1518 doesn’t go up for auction every day.
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