One of the world’s most exclusive and valuable clocks can reach a new auction sales record. This is the clock model Patek Philippe 1518 With steel bracelet, a rare piece of high watchmaking that, according to experts, can reach a value close to $ 20 million (19 million euros) in auction.
The auction will be conducted by Monaco Legend Groupin a private event that has aroused great interest between collectors.
Over the clock
O Patek Philippe 1518 It was produced between 1941 and 1954, in a total of 281 units. However, only four copies were made of stainless steel, which makes them particularly coveted.
The model that will be auctioned dates from 1943 and, according to experts cited by the The Luxonomistis in excellent condition.
History
In addition to its rarity, the clock has a high historical value. It was the first perpetual calendar chronograph produced in series, representing a significant advance in modern watchmaking.
With a diameter of 35 mm, this piece remains a milestone in design and engineering.
Last auction
The last time a Patek Philippe 1518 Steel was auctioned in 2016, the final price was $ 11.5 million (11.1 million euros).
Now, auction organizers estimate that the value can almost double, setting a new standard for commercial context watches, as explained by.
Currently, the absolute record of selling in auction belongs to the Patek Grandmaster Chime 6300A-010sold for $ 31 million (30 million euros) in 2019, in a charity auction.
However, there is high expectation of the possibility of this new auction of this watch to redefine the maximum values achieved by rare clocks.
Also read:
