Patek Philippe 1518: the Most Expensive Wristwatch in the World.

To understand the record, it is necessary to know that 281 watches of this type, a perpetual calendar chronograph with moon phases, were manufactured by Patek Philippe. Of these, only 4 are known for their stainless steel version, the rarest, produced in 1941. This is one of those four wristwatches that just beat a world record for an auction on November 12 at Philips.

According to a statement published Monday by the auction house, neither the identity of the seller nor that of the purchaser were revealed. According to the expert Aurel Bacs, more than 400 people followed the sale Saturday in person and 500 on the Internet or by telephone.

 

For this sale, 177 watches were auctioned over the weekend, which totaled CHF 27.51 million (€25.58 million). Prior to the sale, Phillips had hoped the result would be between 12 and 23.8 million Swiss francs.

The next appointment at Phillips will take place on November 28 in Hong Kong for a sale of 38 of the most beautiful Rolex in history.