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5. Patek Philippe Ref. 1518 in Stainless Steel – $11 Million
We are now getting right up into the rare stratosphere of highest-level luxury timepieces. This watch sold in Geneva, in November 2016 at a Phillips auction for $11 million. There were seven bidders, so no shortage of cashed-up clients after what is known in the horology industry simply as “1518 Steel”. It´s the first watch in a rare four-piece series. Most Patek Philippe timepieces feature a rose gold or yellow gold case, but this watch has a stainless-steel case—a feature that makes it so rare. Patek Philippe introduced the first perpetual calendar in the 1940s and this brand was the only one with this feature for more than 50 years. The 1518 Steel is 35 mm in diameter, manually wound, made in the middle of World War II, and is a vintage piece that made world headlines on its sale and will again if ever offered to the public.