Patek Philippe Perpetual Calendar Chronograph 1518

Patek Philippe Reference 1518 | A pink gold perpetual calendar chronograph wristwatch with moon phases, Made in 1950

Reference 1518 A pink gold perpetual calendar chronograph wristwatch with moon phases, Made in 1950 Dial: silvered Caliber: cal. 13"' mechanical, 23 jewels Movement number: 868'021 Case: 18k pink gold, snap on case back Case number : 668'390 Closure: 18k pink gold Patek Philippe buckle Size: 35 mm diameter Signed: case, dial and movement Box: no Papers: no Accessories: Patek Philippe Extract from the Archives confirming date of sale on December 16, 1952Patek Philippe Patek Philippe Reference 1518 | A pink gold perpetual calendar chronograph wristwatch with moon phases, Made in 1950 Reference 1518 | A pink gold perpetual calendar chronograph wristwatch with moon phases, Made in 1950 Restricted Species Estimate: 700,000 - 1,400,000 USD Lot sold: 1,623,000 USD Reference 1518 A pink gold perpetual calendar chronograph wristwatch with moon phases, Made in 1950 Dial: silvered Caliber: cal. 13"' mechanical, 23 jewels Movement number: 868'021 Case: 18k pink gold, snap on case back Case number : 668'390 Closure: 18k pink gold Patek Philippe buckle Size: 35 mm diameter Signed: case, dial and movement Box: no Papers: no Accessories: Patek Philippe Extract from the Archives confirming date of sale on December 16, 1952 Condition report Case: The case is in overall excellent condition and has seen signs of historic light polishing. The gold mark on the side of the case and underneath the lug are clear and crisp. The lugs retain strong proportions. Light surface scratches to the case back. Dial: The two tone dial remains in overall excellent condition. The dial has seen a historic light cleaning but the raised enamel remains strong and clear. Very minor losses to the outer track . Movement: The movement is running at time of cataloging, however it was not tested for the accuracy of time or duration of the power reserve and may need service at the buyer's discretion. Please note that Sotheby's does not guarantee the future working of the movement. ***Please be advised that the bands on this watch are made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) and thus not sold with the watch, they are for display purposes only. We will remove these bands prior to international shipping and the state of California.*** The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome). Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. The online condition report may not refer to all faults, restoration, alteration or adaptation but rather the online condition report is a statement of subjective, qualified opinion (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species. Please be advised that wristbands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE/BUSINESS APPLICABLE TO THE RESPECTIVE SALE. Christie's Geneva, 10 November 2013, lot 267 Patek Philippe’s entire lineage of perpetual calendar chronographs starts with the reference 1518 launched in 1941, produced during and after World War II, at the Swiss Watch Fair in Basel. The reference was not only Patek Philippe’s first serially produced perpetual calendar chronograph wristwatch, but the first of its kind from any brand, earning the reference its well-deserved place in horological history and setting the standard of haute horology for the decades to come. In accordance with period tastes, Patek Philippe cased the majority of the 281 total examples of the reference in yellow gold, while only 58 examples believed to have been cased in pink gold. However, the present pink gold is fitted with a special two-tone silvered dial variant and is the only one known on any reference 1518. The inner circle, reserved for the chronograph scale calibrated for the 5 th of a second is more silver than the outer section with a tachymetre scale, but also the center of the dial with the applied pink gold Arabic numerals. Consequently, pending the angle of the light, the silver ring may shine lighter and darker than the other segments of the dial. With the Extract from the Archives confirming production of the present watch with raised gold hour markers in 1950 and its subsequent sale on December 16,1952, the present lot still retains its charismatic hard enamel signature and the case with strong hallmarks to the band and underneath the lug. This watch presents an incredible opportunity to own a well-preserved, rare and historic Patek Philippe wristwatch.