Reference
Patek Philippe Perpetual Calendar Chronograph (1941)
Reference 1518 · 18k Pink Gold
The lowest current ask for the Patek Philippe Perpetual Calendar Chronograph (1941) (ref. 1518) is $36,500 at Analog Shift, among 3 live listings we track. The auction record is $17,631,075 (Phillips Geneva, 2025). Updated August 16, 2026. View lowest ask →
Track Patek Philippe 1518
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About this reference
The Patek Philippe Reference 1518 was produced between 1941 and 1954 as the first serially manufactured perpetual calendar chronograph. Collectors prioritize this reference for its historical significance and the Valjoux-based Caliber 13-130 movement. Of the 281 total units produced, the majority were cased in yellow gold, while approximately 58 examples were executed in 18k pink gold. These pink gold variants often feature "pink on pink" configurations with matching rose-toned dials. The case measures 35mm and features square chronograph pushers and a snap-on back. On the secondary market, 18k pink gold examples typically command between $1,200,000 and $2,500,000 depending on dial condition and provenance. A notable production variant includes the rare transition from the "long" signature to the shortened "Patek Philippe" branding on the dial. In 2021, a pink gold 1518 with a pink dial achieved a sale price exceeding $3,000,000 at auction.
Hammer prices over time
Each dot is a documented public auction sale; click to view the lot. Dashed line marks the current asking median across live listings.
Auction track record
8 documented sales since 2013. Top hammer $17,631,075 at Phillips Geneva in 2025. Median hammer: $3,171,000. Most recent: $3,992,000 in 2026.
Ranks #3 of 87 Patek Philippe auction lots we track — see all Patek Philippe records.
Live inventory matching this reference
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Ref. 3970E · Platinum
AED 1.25M
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2010 Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 5970P · Platinum
AED 1.17M
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2008 Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 5970J · Stainless Steel
AED 918k
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Patek Philippe Perpetual Calendar Moonphase Chronograph
Ref. 40930654 · Stainless Steel
AED 734k
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2000s Patek Philippe Perpetual Calendar Moonphase Chronograp
Ref. 5970R · Stainless Steel
AED 569k
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Perpetual Calendar Chronograph | 3970EP-027 | Platinum
Ref. 3970EP-027 · Platinum
AED 547k
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Perpetual Calendar Chronograph | 3970EG-025 | White Gold
Ref. 3970EG-025 · 18k White Gold
AED 532k
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Perpetual Calendar Chronograph | 5970R-001 | Rose Gold
Ref. 5970R-001 · 18k Rose Gold
AED 440k
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Patek Philippe 5270G Grand Complications Perpetual Calendar
Ref. 5270G · 18k White Gold
AED 282k
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Patek Philippe Perpetual Calendar Chronograph 3970G 18K Whit
Ref. 3970G · 18k White Gold
AED 239k
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Patek Philippe Lady Golden Ellipse | REF. 4764/15 | 18k Yell
Ref. 4764/15 · 18k Yellow Gold
AED 40k
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All documented hammer prices
For this reference (and close variants).
| Lot | Year | Hammer | Venue |
|---|---|---|---|
| 1518 · Perpetual Calendar Chronograph | 2016 | $11,136,642 | Phillips Geneva |
| 1518 · Perpetual Calendar Chronograph (Pink Gold) | 2021 | $3,171,000 | Phillips Geneva |
| 1518 · Perpetual Calendar Chronograph | 2025 | $17,631,075 | Phillips Geneva |
| 1518 · "Pink on Pink" Perpetual Calendar Chronograph | 2020 | $3,565,224 | Phillips Geneva |
| 1518 · Perpetual Calendar Chronograph | 2022 | $2,900,000 | Sotheby's Hong Kong |
| 1518 · Perpetual Calendar Chronograph 'FAB. SUISSE' | 2024 | $2,452,564 | Christie's Hong Kong |
| 1518 · Perpetual Calendar Chronograph | 2013 | $794,500 | Antiquorum New York |
| 1518 · Perpetual Calendar Chronograph | 2026 | $3,992,000 | Phillips New York |