P. L. Droz, successeur de Droz Jeannot, fils, aux Brenets

• cal. 22''' nickel lever movement, jewelled to the centre, the chronograph mechanism driven by two sets of stacked vertical wheels from the fourth wheel via intermediary wheels which are engaged when the crown is depressed • silver cuvette • white enamel dial, Arabic numerals, outer minute track and fifths of a second divisions, subsidiary seconds and instantaneous 30-minute register, blued steel spade hands • polished case, chronograph button to the crown for the start/stop and return to zero functions • case and movement numbered

The movement is running at the time of cataloguing and the chronograph is operating however the split seconds clams require adjustment. Dial in good condition. Case with light scuffs but overall in good 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."

This impressive mechanism was built under the Swiss Patent No. 9 974, delivered to P. L. Droz, successeur de Droz Jeannot fils, Les Brenets, on February 1, 1895 and described as 'Chronographe-compteur pour courses avec trois aiguilles au centre et compteur des minutes'. It is very impressive with all five hands being driven from the central axis and the three-handed chronograph function operating through the single button in the crown. After depressing the button for the first time, all three hands are engaged, with the second depression the lower hand stops, with the third the middle hand is stopped, with the fourth the upper hand is stopped and with the fifth the brake levers to all the hands are released and they return to zero. This watch is one of only two known examples of a pocket watch with three true chonograph hands function.