03 October, 2016

One of the most exciting watch auctions of the year is coming to Geneva in November and it’s bringing with it some of the rarest watches in the world, including a series of legendary Patek Philippes.

For the first time ever, an auction will bring together all of the case material configurations of the historical Patek Philippe reference 1518. Only a total of 281 examples were ever made and the 3 configurations include yellow gold and pink gold but the most sought after of the collection, however, is made of stainless steel and only 4 are known to be in existence.

The 1518 is the world’s first perpetual calendar chronograph that was produced in series and the provenance, originality, and immaculately well-preserved condition of the timepieces has led experts to estimate the value of the stainless steel variant in excess of £2m whereas the yellow gold and pink gold have been valued at around £250,000 and £500,000 respectively.

Yellow Gold 1518

Pink Gold 1518

Stainless Steel 1518

The Patek Philippes certainly provide the centrepiece of the auction but that’s not to say that there isn’t a host of other interesting and valuable timepieces available at auction.

There are also a number of highly desirable Rolexes, such as a 1951 wristwatch fitted with a spectacular cloisonné dial depicting a dragon. Rolexs fitted with these dials are considered some of the world’s most desirable watches and the uniqueness of this example could see it reach around £800,000.

rolex-dragon

closeup-rolex-rose

rolex6538tropical_6

Other notable Rolexes include “The Perfect Rose”, a stunning rose gold watch produced in the 1940s and considered amongst the rarest pre-oyster chronograph, as well as a “James Bond” Submariner 4-Liner which currently holds the record for the highest price ever realised at auction for a Submariner.

Both watches are estimated to fetch between £250,000-£500,000 at the auction taking place in November and interest is high, due to the rarity of timepieces such as these appearing at auction.

Another fantastic lot is a Omega Speedmaster Professional, “Alaska II” Project watch, built in 1970, it is one of only 3 ever made and was part of Omega’s secret project to construct the perfect space watch.

One of the 3 watches is held in Omega’s own museum, which shows the high regard in which the watches are held and why they have gained a reputation as the holy grail Speedmaster. The watch also coming with a red anodised aluminum case which was designed to serve as a protective heat shield.

All of these watches and more will be auctioned by Phillips at the Geneva Watch Auction: Four following a tour of Hong Kong, New York and London.

Highlights Tour
Hong Kong 1 – 5 October
New York 14 – 17 October
London 22 – 24 October

The Geneva Watch Auction: Four will take Place in Geneva on 12 & 13 November 2016

William George are currently running a luxury watch online timed auction featuring brands such as Cartier, Breitling, Omega and more, find it here.

Bidding ends 8pm Wednesday 12th October.