At My 7 O’Clock: The Closest Look You'll Ever Get at a Steel Patek Philippe 1518
The piece provides an in-depth exploration of a significant moment during the Geneva auction weekend, focusing on the auction of a rare Patek Philippe Ref. 1518, one of only four known stainless steel models. The narrative details the atmosphere of the auction, highlighting the excitement surrounding the bidding process, particularly when a prominent figure in the watch community made a bold bid of 8 million CHF. The watch ultimately sold for a staggering 14.19 million CHF, underscoring its historical importance and desirability among collectors. Additionally, the account delves into the complexities of watch restoration and condition, particularly for vintage pieces like the Steel 1518. It reflects on the challenges of assessing the watch's history, given its age and the inevitable wear it has experienced over the years. The discussion emphasizes the necessity for transparency in the watch market regarding restoration practices, aiming to foster a deeper understanding and appreciation of these timepieces within the collector community.
