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Patek Philippe Ref. 1518 In Steel Sells For Over $11,000,000 At Phillips Geneva

Posted on November 13 2016


Photo by www.hodinkee.com

You could say this is one of the most expensive watch ever sold in at auction that set a new record high of $11,136,642 (CHF 11,002,000) at Phillips Watch Auction in Geneva. The Patek Philippe ref. 1518 steel perpetual calendar chronograph moonphase began the bid at 3 million Swiss Franc and a little over 10 minutes, it was hammered at an impressive amount of 9.6 million Swiss Franc. (Before buyer’s premium)


Photo by www.hodinkee.com

This watch takes the title of most expensive wristwatch in the world from the piece
unique Only Watch Patek Philippe ref. 5016 sold just one year ago - 7.3 million Swiss Franc (About $7.38 million) The rarity of it is that this is only one of four known made to exist in our lifetime, made beginning 1941. Only seven bidders was on the hunt for it and it was sold to a private collector.

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