Lot 414
  • 414

Lady's diamond cocktail watch, Piaget, 1960s

Estimate
3,000 - 4,000 GBP
bidding is closed

Description

  • Piaget
  • gold, diamonds
The oval dial applied with Roman numerals and baton indicators, within a frame of brilliant-cut diamonds, to a textured bracelet, length approximately 160mm, signed Piaget, numbered, French import marks.

Provenance

By family tradition lots 412 to 414 are from the collection of Maharani Sita Devi Sahib of Baroda 1917-1989, and were purchased by the current vendor directly from her son, Princie, during the 1970s.

Literature

Cf: Stefano Papi and Alexandra Rhodes, '20th century jewelry and the icons of style', London, 2013, chapter 8, pages 176 - 203, for the Maharani Sita Devi Sahib of Baroda and her jewellery collection.

Condition

Please note that the movement has not been tested for the accuracy of its time keeping and therefore a service should be carried out in the near future at the buyer's expense. Stamped with French import marks for 18 carat gold, weight approximately 55grams. Signed Piaget to dial, numbered to reverse of case 9330 N 22 and 130495. Clasp loose, abrasions and scratches commensurate with age and wear. Total diamond weight approximately 3.00-3.50 carats, estimated approximately G-I, VS-Si on average. The manual winding movement is running at the time of cataloguing, however it may require a service soon. Calibre 9P eighteen jewel movement, numbered 6690624
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. Please note that colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's. We do not guarantee, and are not responsible for any certificate from a gemological laboratory that may accompany the property. We do not guarantee that watches are in working order. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue, in particular to the Notice regarding the treatment and condition of gemstones and to the Notice regarding import of Burmese jadeite and rubies into the US.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

Catalogue Note

Sita Devi met her second husband, Pratap Singh Gaekwar of Baroda, at the Madras horse races in 1943, who was, at that time, considered the eighth richest man in world. The Gaekwad took her as his second wife, causing consternation with the British authorities, as this violated the antibigamy laws that the previous Gaekwad of Baroda enacted. The British Viceroy in New Delhi summoned the Gaekwad to contest this marriage. The latter argued that the law applied to the subjects of Baroda, and that he being their monarch was exempt from this law. This was confirmed by the Viceroy's legal advice and the British government accepted the marriage, but didn't refer to the Maharani as "her highness". In 1946 they went on a tour of Europe and America, where it is reputed they spent $10m million alone on one trip,  finally taking up residence in Monaco. Attending some of the most exclusive events of the period they joined the jet set of the 1950s. One of the most memorable historical anecdotes was in 1953 when the Maharani sold a pair of emerald anklets to Harry Winston, who re-mounted the emeralds into a necklace that he sold to the Duchess of Windsor. At a New York ball the Duchess wore the necklace and the Maharani commented to a friend that she used to wear the emeralds on her feet, at which point the Duchess returned the necklace to Harry Winston.  Sita Devi divorced the Gaekwad in 1956 but retained her title and continued to live a lavish life style from her Paris apartment. As her finances dwindled she was forced to slowly sell her jewels during the 1970s. The Maharani suffered a tragedy in 1985, when her son “Princie”, committed suicide one night when after his 40th birthday, attributed to alcoholism and drug addiction. Sita Devi died four years later of natural causes, some speculated due to a broken heart.