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The Patek Philippe Ref. 1518 stain­less steel wrist­watch broke the record for watch auc­tion sales prices in Novem­ber last year. It was sold at over USD11 mil­lion at the Geneva Watch Auc­tion: Four, an event or­gan­ised by Phillips in as­so­ci­a­tion with Bacs & Russo. Made in 1943, the Ref. 1518 stain­less steel watch was the first ever per­pet­ual calendar chrono­graph wrist­watch to be pro­duced in a series. It also fea­tures a moon phase in­di­ca­tor.

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