Patek Philippe Perpetual Calendar Chronograph 1518 Stainless Steel
Watch Model: Perpetual Calendar Chronograph 1518 Stainless Steel
The Patek Philippe Perpetual Calendar Chronograph 1518 in Stainless Steel is an iconic timepiece that holds a significant place in horological history. Introduced in 1941, it was the first perpetual calendar chronograph wristwatch ever made, showcasing Patek Philippe's mastery in combining complex complications with exquisite craftsmanship. The 1518 features a beautifully balanced dial with sub-dials for chronograph functions, a moon phase display, and a date indicator, all housed in a timeless stainless steel case that enhances its rarity and desirability.
Watch Details:
- Model: Patek Philippe Perpetual Calendar Chronograph 1518
- Case Material: Stainless Steel
- Dial: Silver with gold applied hour markers
- Complications: Perpetual calendar, chronograph, moon phase
- Diameter: Approximately 36mm
- Movement: Manual-winding Caliber 13-130
- Year of Production: 1941-1952 (limited production)
- Limited Availability: Only 281 pieces made in stainless steel
Pricing:
The value of the Patek Philippe 1518 in stainless steel can vary greatly depending on its condition, provenance, and market demand. As of 2023, prices for this remarkable piece typically range from $9 million to $11 million at auction, making it one of the most expensive wristwatches ever sold.
Ranking Criteria:
1. Investment Value: 10/10
Description: The Patek Philippe 1518 in stainless steel is considered a top-tier investment piece due to its rarity, historical significance, and the enduring reputation of Patek Philippe among collectors.
2. Pre-owned Pricing: 9/10
Description: The pre-owned market for the 1518 is highly competitive, with prices reflecting its rare status. Availability is extremely limited, and prices are consistently high.
3. Reliability: 8/10
Description: Patek Philippe is renowned for its exceptional craftsmanship and reliability. The manual movement is robust, but like all vintage watches, it requires regular maintenance to ensure optimal performance.
4. Wow Factor: 10/10
Description: The 1518 is a showstopper, with its stunning aesthetics and complex functionality. Its historical significance and rarity make it a centerpiece in any watch collection, captivating enthusiasts and collectors alike.
