Swiss

• 18''' movement, minute repeating on two gongs, American and Brazilian flags in polychrome enamel to the gold cuvette with historical inscription • white enamel dial, Breguet numerals, subsidiary seconds • later associated case, repeat slide to band, engraved monogram to case back, invisible hinge • case, dial and movement signed Tiffany & Co.

The movement is not running and it will require service. It is signed Tiffany and numbered 90558. The repeat is chiming in phase at the time of cataloguing, and the quality of the sound is good. The enamel to the cuvette is intact as illustrated in the catalogue. There are no visible hairlines to the dial. The case is later associated. It is signed Tiffany and numbered 90575. The monogram to the outside of the case back is S de M. The case features an invisible hinge and there are surface scuffs throughout.
"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."

The cuvette depicts overlapping American and Brazilian flags, flanked by the names of the second and third presidents of Brazil, Peixoto and Moraes. It is dated November 15th, 1889, which marks Brazil's Proclamation of the Republic, and 1894, the date on which President Peixoto's term ended and President Moraes' term began.

The cuvette is further inscribed Mendonça, and the engraving to the back of the watch is S de M. It is very likely that these refer to Salvador de Mendonça, who served as Brazil's Consul General to the United States from 1875-1889, and was named first Ambassador after Brazil switched from the Monarchy to Republic in 1889. During his tenure, he was responsible for commerce and relations between the two nations.