A rare 943 Patek Philippe ref. 1518 perpetual calendar chronograph has set a new record for the highest-selling wristwatch at auction for approx. $11 million. Follow BI Video: On Twitter More from ...

The top lot of the sale is an exceptional Patek Philippe Ref. 1518, which sold well above its initial estimate of $16 million HKD (around $2,059,358 USD) — closing at $19,130,000 HKD ($2,472,390 ...

The latest example: a 1943 Patek Philippe ref. 1518 perpetual calendar chronograph ... of watchmaking in an extremely rare model. The steel-cased watch is one of only four known to exist in ...