Source:
Event:
Date:
Lot Number:
Condition: -
Year of Production: 1945
Case Size: 35mm
Case Material: Yellow gold
Dial Color: White
Bracelet/Strap: Alligator
Movement Type: Manual
Box: No
Papers: No
Location: Switzerland
Description

Ref. 1518An extremely rare and very well-preserved yellow gold perpetual calendar chronograph wristwatch with moonphases

Manufacturer: Patek Philippe Year: 1945 Reference No: 1518 Movement No: 863’682 Case No: 641’828 Material: 18K yellow gold Calibre: Manual, cal. 13-130 Q, 23 jewels Bracelet/Strap: Alligator Clasp/Buckle: 18K yellow gold Patek Philippe buckle Dimensions: 35mm Diameter Signed: Case, dial, movement and buckle signed Accessories: Accompanied by Patek Philippe presentation box, outer packaging and additional crown. Furthermore accompanied by Patek Philippe Extract from the Archives confirming production of the present watch in 1945 with remarks that the original bracelet was in yellow gold and its subsequent sale on September 13, 1947.A historically important model, reference 1518 was the first perpetual calendar chronograph wristwatch ever produced in series when it was introduced in 1941. According to research, only 281 examples were manufactured until the reference ceased production in 1954. It paved the way for successors references 2499, 3970, 5970 and finally, 5270, which features an in-house movement. Preserved in excellent and remarkable condition, the present timepiece wonderfully exemplifies the characteristics of the reference 1518. An early first series example, this dial is most notably stamped with a long signature displaying "Patek, Philippe & Co". The dial is preserved in impressive condition as it has gracefully aged over time. Reference 1518 dials are notorious for tarnishing heavily due to the model's snap-on bezel and caseback, which allowed moisture to seep through. However, this particular dial has aged to a warm ivory tone and has incredible charisma. The enamel signature remains thick and defined, with the accent above the "e" in "Genève" strong and present, as is the comma between "Patek" and "Philippe". The hard enamel graphics on the dial remain preserved and raised wonderfully. Boasting two hallmarks, the case retains its original proportions. While one hallmark is stamped under the lug, the other is punched on the side of the case. Furthermore, this timepiece retains its non-signed crown, which is correct. This timepiece has been in an important private European collection since 1995 when it first appeared on the auction market. It is a remarkable occasion when a reference 1518 appears on the market, no less in such original and excellent condition.

Price Chart

Patek Philippe Perpetual Calendar Chronograph
1518 | Yellow gold
Secondary Market
XX,XXXUSD
XXX+X.XX%
past 2 years
Auction Market
XX,XXXUSD
XXX+X.XX%
past 2 years
Secondary Market High
X,XXX USD
Secondary Market Low
XXX USD
Auction High
Auction Low
Medians - Both
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