The Patek Phillipe 1518 & More From Italian Banker’s $25 Million Watch Collection

The Patek Phillipe 1518 & More From Italian Banker’s $25 Million Watch Collection

Adrienne Faurote
By Adrienne Faurote October 16, 2012

An Italian banker based in Milan has spent almost ten years amassing a collection of ten Patek Phillipe watches . Now Alfredo Paramico’s personal set of watches is ranked one of the top ten across the world valuing approximately $25 million dollars. Let’s take a look at seven pieces from his masterful anthology.

  1. The first and most important piece is reference number 1518 orignally from 1943, and one of only four known in existence. It brings in about $6 million of the collection and features an everlasting calendar and chronograph.
  2. Number two is a white-gold single button Chronograph from 1928 unique because Patek does not typically use the alloy, and it is the only known in existence. It’s worth is tallied at $4 million.
  3. Third is a round face reference number 2497 in white gold from 1954 worth $4 million and featuring Breguet numbers and a perpetual calendar.
  4. Reference number 1436 is set in steel with a split second chronograph one of three made 1949. This watch comes in at $3 million of the total set value.
  5. The Nautilus reference number 3700/1 crafted in 1982 of platinum values $800,000 and is the only known piece of its kind.
  6. This platinum dazzler with emerald and diamond hour markers is unique piece from 1952 worth $600,000.
  7. From 1956, reference number 2526 has a black face and full 18-karat white gold bracelet band worth $500,000.

Images Courtesy of Bloomberg