- 61
International Watch Co.
Estimate
8,000 - 12,000 GBP
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Description
- A RARE AND OVER-SIZED PLATINUM LIMITED EDITION AUTOMATIC WRISTWATCH WITH 7-DAY POWER RESERVECIRCA 2001 REF 5001 PORTUGUESE N0 179/500
- DIAMETER 42MM.
cal.50010 damascened nickel lever movement, 44 jewels, mono-metallic compensation balance, adjusted to 5 positions • white dial, applied Arabic numerals, two engine-turned subsidiary dials for seconds and 7-day power reserve indication • over-sized platinum case with down-turned lugs, screw-down sapphire crystal display back • case, dial and movement signed • with a platinum IWC folding buckle
Condition
The movement is running on the day of the cataloguing. The dial is in brand new condition with no visible imperfections. The case is in excellent condition, the hallmarks are crisp and the original satin finish to the band is very clear. The watch appears to be in nearly unused condition.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. 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 any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.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."
**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.
Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. 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 any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.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."
**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.
Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."
Catalogue Note
Accompanied by a wooden presentation case, outer card box, watch cloth, Guarantee card dated 2004, Certificate and instructions manual.
The present lot forms part of a limited series of 500 wristwatches of which the current example is numbered 179.
The history of this collection dates back to 1936 when two merchants from Portugal by the name of Rodrigues and Texeira paid a visit to the International Watch Company situated in the small town of Schaffhausen in Switzerland. Despite the trend for small wristwatches at that time, the orders of the two was to create timepieces that would be as large as a marine chronometer. By ordering larger watches, Rodrigues and Texeira wanted watches that would merge high precision and reliability which was easier to achieve in a large movement. More than 70 years later, the IWC Portuguese has become the emblematic model of the brand.
The present lot forms part of a limited series of 500 wristwatches of which the current example is numbered 179.
The history of this collection dates back to 1936 when two merchants from Portugal by the name of Rodrigues and Texeira paid a visit to the International Watch Company situated in the small town of Schaffhausen in Switzerland. Despite the trend for small wristwatches at that time, the orders of the two was to create timepieces that would be as large as a marine chronometer. By ordering larger watches, Rodrigues and Texeira wanted watches that would merge high precision and reliability which was easier to achieve in a large movement. More than 70 years later, the IWC Portuguese has become the emblematic model of the brand.