Historic Patek Philippe Reference 1518 Breaks Records at $17.6 Million Auction Sale

Nov 10, 2025 10:57 am CST

A rare stainless steel Patek Philippe Perpetual Calendar Chronograph Reference 1518 from 1943 has reclaimed its title as the world's most expensive wristwatch at auction, selling for $17.6 million at Phillips in Geneva. One of only four stainless steel examples ever made, this horological masterpiece represents the pinnacle of watch collecting and historical significance in the luxury timepiece market.