Breaking News: Stainless Steel Patek Philippe Ref. 1518 Sells For Over $11,000,000 At Phillips Geneva (And Sets A New World Record For ANY Wristwatch)

Breaking News: Stainless Steel Patek Philippe Ref. 1518 Sells For Over $11,000,000 At Phillips Geneva (And Sets A New World Record For ANY Wristwatch)

Ladies and refined men, you are taking a gander at the most costly wristwatch at any point sold at closeout. Following quite a while of expectation, we at long last have an outcome! The treated steel Patek Philippe ref. 1518 ceaseless schedule with chronograph sold around evening time for 11,002,000 CHF (or $11,136,642) at Phillips in Geneva, comprehensive of purchaser’s expense. The offering occurred among in excess of seven bidders and the last mallet cost was 9.6 million CHF.  

To read more about this watch, look at Ben’s amazingly inside and out story here , which incorporates interviews with Aurel Bacs, Davide Parmegiani, and Alfredo Paramico, also offering a glance at where every one of the four known steel 1518s have been since the day they were made. 

This watch takes the title of most costly wristwatch on the planet from the piece-remarkable Only Watch Patek Philippe ref. 5016 sold only one year prior .