Our archive holds 11 confirmed sales of the Patek Philippe reference 1578 in US dollars, across 2 auction houses between 2004 and 2026. These are settled transactions, not asking prices.
What it sells for
The median result is $11,250. The mean is $16,122. The mean sits well above the median, which tells you a small number of exceptional examples are pulling the average up. The median is the better guide to what a normal example costs.
Half of all recorded sales fall between $9,375 and $15,000. The full range runs from $5,736 to $63,500, a spread of 60% across the middle half.
How it performs against estimate
Of 11 sales where the house published an estimate, 72% beat the high estimate and 9% fell short of the low. Specialists underprice this reference more often than they overprice it.
Asking prices against realised prices
We currently track 3 retail listings for this reference. The cheapest asks $15,500, which is 38% above the median auction result. Retail carries a premium here, which typically buys provenance checks, servicing and a warranty.
How to read these figures
Every number here comes from completed auctions, hammer plus buyer's premium, converted where necessary and restricted to US dollar sales so the comparison is like for like. Condition, completeness and dial variant account for much of the spread within a single reference, so treat the median as market context rather than a valuation of any particular example.