Lot 330
  • 330


600,000 - 1,000,000 CHF
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  • Breguet in gold
  • diameter of the watch 42.6 mm diameter with pair case 46.9 mm thickness of the watch 7.7 mm thickness with pair case 8.8 mm
• gilt brass lever escapement with compensation balance, parachute suspension, spiral spring with regulator, striking and repeating hammer sounding on gong • outer gold guilloche pair case with push button between XII and I to release the main body of the watch, the striking activated through a device between IIII and V • inner watch with gold guilloche case back ornamented with the Seymour family crest surrounded by the collar of the Order of the Garter surmounted by a Royal Crown • case band with a lever to open the hole for the male winding key, sliding device for the repeating mechanism, push pin corrector for the calendar function • case back with a hole for setting the regulation device on the balance • silver guilloche dial with sector for equation of time between V and VII, semi-circular aperture for slow/fast regulation indicator, subsidiary dials at IX for the seconds and at III for months indicated by letters, apertures between  I and II for the date between X and XI for the day, aperture for the moon phase above the XII and power reserve indication below • pair case stamped LJ master mark for the case maker Louis Joly and numbered 4691 • 561 • watch case back numbered inside 4691


This watch has remained since the origin in the same family hands, it is presented in its original condition, with a lovely patina on the gold and aging to the dial, the guilloché work on the case is almost intact with a superb finition with the family crest in the middle. The movement is not working at the time of cataloguing but is complete and will require a complete overhaul to be fully operational. The under dial as shown on the picture in the catalogue will need adjustment on the moon phase indication. This work of art is defintitely a historical treasure with continuous provenance since the first owner Lord Henry Seymour and a master piece from Breguet on both technical and aesthetical point of view.
"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


Breguet no.4691 is a historical and highly important watch that, until recently, was completely unknown to the public. It is one of the most complex watches to have been made by Breguet in such a slim case. The watch has an unbroken provenance stretching back to Lord Henry Seymour Conway who purchased the watch from Breguet in 1831. Its owners have included Sir Richard Wallace, whose internationally renowned  collection at Hertford House in London, known as the ‘Wallace Collection,’ was donated to the British nation by his widow, Lady Wallace, in 1897. 


Lord Henry Seymour Conway (1805-1859) Purchased from Breguet – 13th October 1831 for the sum of 7,000 Francs.
Richard Seymour Conway, 4th Marquess of Hertford (1800-1870)
Sir Richard Wallace (1818-1890)
The heirs of Julie Castelneau (Lady Wallace) wife of Sir Richard Wallace – thence by descent



Today, only three watches are known to have been made by Breguet that pertain to such a specific complication type and design as found in the present watch. Their highly complex movements, contained within an extra slim case make these some of the most impressive and expensive timepieces made by Breguet. Their original price of sale ranged from 7,000 – 8,800 Francs, an enormous sum of money at the time.


Chronologically the first of the three timepieces, recorded as number 4214 was initially sold on 20th June, 1827 to Captain Richard Seymour Conway, Marquis of Hertford (also known as Lord Yarmouth) for the price of 7.800 Francs.  Upon his death, Seymour Conway bequeathed his fortune, including the watch to Sir Richard Wallace (1818- 1890), his illegitimate son, an art collector and philanthropist. Later, the watch entered into the Breguet watch collection belonging to Sir David Lionel Salomons. This watch is exhibited today at the L.A. Mayer Museum for Islamic Art in Jerusalem (Inv. WA 87-71) and is precisely described in The Art of Breguet by George Daniels, p. 269.


The second timepiece, No. 4254 was sold on the 1st of November, 1828 to Monsieur le Marquis de Lamberville, for the price of 8.800 Francs. Although similar to numbers 4214 and 4691, the Breguet no.4254 was slightly less complex as it was without a  power reserve indication to the dial. The Breguet Archives note that no.4254 was revised for Madame la Marquise de la Tour du Pin Montauban on 29th December, 1851 and, later, for a Mr. Brunet, in 1853. Breguet purchased the watch back from Mr Brunet on 16th February 1854, the watch was restored to a new state and transferred to Breguet’s new number of 717. On 27th June, 1854, the revised watch was sold to Mr. Moïana for 8.000 Francs and marked for the account of His Majesty the Viceroy of Egypt. In 1854, the watch was revised for Saïd Pacha the Viceroy of Egypt after whose death the watch was passed, in 1863, to his successor Ismaïl Pacha. 


The third and final watch of its kind is that presently offered for sale and numbered 4691. Breguet no. 4691 is very similar to the first, Breguet No. 4214 bought by Lord Yarmouth.  Sold for the price of 7.000 Francs on the 13th of October in 1831 to Lord Henry Seymour Conway (1805- 1859), commonly referred to as ‘Milord L’Arsouille’ due to his eccentric behavior. He was the youngest son of Lord Francis Charles Seymour Conway, third Marquess of Hertford and the younger brother to Captain Richard Seymour Conway (Lord Yarmouth). He was therefore also the uncle of Sir Richard Wallace, the famous art collector and philanthropist.


Lord Henry Seymour Conway was known for his involvement within the Horse Racing society, and was the founder and first President of the ‘Jockey Club de Paris’ in 1834, an organization which was known for encouraging and promoting horse-breeding in France. The year 1834 saw the first publication, 50 years later than in England, of the French racing regulation along with the official French Racing Calendar.

The elite membership of the Jockey Club included two Royal Dukes, one of whom was Ferdinand-Philippe, the Duc d’Orléans and eldest son of King Louis Philippe. Ferdinand-Philippe’s family had been faithful patrons of Breguet since the horologist’s beginnings in 1775. Ferdinand-Philippe’s grandfather, Louis Philippe II, purchased one of Breguet’s first self-winding watches. During this period, Breguet watches were highly fashionable and instantly marked the status of their owner. It is tempting to imagine the Duc d’Orleans and Lord Conway admiring the Breguet watch, no.4691, together. Interestingly, 5 years later, the Duc d Orléans would be the owner of the extraordinary Breguet Sympathique (see Sotheby’s New York, 4th December 2012, lot 124). 

Lord Seymour Conway died in August of 1859 in Paris, leaving no surviving heirs; therefore the watch was bestowed upon his brother, Richard Seymour Conway, 4th Marquis of Hertford who thus found himself in possession of two Breguet watches No. 4214 and 4691. Lord Henry Seymour Conway was buried in the Hertford Wallace family vault at Père Lachaise cemetery in Paris where his brother the 4th Marquess of Hertford, Richard Seymour Conway is also buried, alongside Sir Richard Wallace.

Lord Henry Seymour Conway’s younger brother, Richard Seymour Conway, 4th Marquis of Hertford (1800- 1870) came from the same fine British aristocracy. Descendant of the Duke of Somerset, Richard Seymour Conway was brought up in Paris where he acquired, in 1829, a hotel situated on Laffitte street. Consumed by French culture whilst nourishing a deep passion for the French decorative arts, he was seduced by ‘the pavilion’ reflecting the grace and elegance of the late eighteenth century. In 1835, he acquired La Folie de Bagatelle, which previously belonged to the Count of Artois. Lord Henry Seymour Conway lived a illustrious life, receiving the aristocratic, artistic and literary elite of Paris. In fact, he frequented noble persons including the Count Niewekerke, the Baron of Rothschild, Gioacchino Rossini, Napoleon III and even the Empress Eugenie, who often came to Bagatelle to attend horse riding lessons that the Imperial Prince took at a nearby riding stable. The owner of a considerable fortune, Richard Seymour Conway spent thirty-five years purchasing outstanding works of art, beginning with paintings by great masters of the eighteenth century in France, such as Watteau, Greuze and the Nymph playing the flute by François Boucher.

Added to the extensive collection was also prestigious furniture, mostly stamped by large cabinet makers: Gaudreaus, Reisener or Leleu, derived most often from the private apartments of Louis XV and Queen Marie Antoinette. These exceptional decorative ensembles naturally found their place in the Bagatelle Pavilion, where Richard Seymour Conway died. Richard Seymour Conway left all of his property in both Paris and London to his illegitimate son, Richard Jackson with whose mother, Mrs. Alice Jackson, born Wallace he had had a long love affair with.

Richard Jackson, who subsequently took on the name Richard Wallace, was born in London on the 26th of July in 1818 and was brought up from the age of six years at Bagatelle, in Paris by his father, Richard Seymour Conway and grandmother.  Later he acted as confidential secretary to his father. Richard Wallace was heir in 1870 to a vast fortune left by his father which was then estimated at 60 million Francs. The inheritance included his father’s unentailed estate and extensive European Art Collection, which Wallace later expanded by adding pieces, including several medieval and renaissance works of art to the collection. He also bought the collections of the European arms and armour as well as medieval and Renaissance decorative arts formed by the comte de Nieuwerkerke, Napoleon III’s Director of Fine Arts. Both a Francophile and philanthropist, Richard Wallace concerned himself with coming to the aid of Parisians who were hit by the Prussian occupation. Wallace was known for his benevolent endeavours, including the creation of military ambulances, homes for victims of the bombing and the construction in 1872 of a hospital (still existing) in Levallois. His generosity led to him being knighted by Queen Victoria in 1871 and during the same year, he additionally received ‘la Croix de Commandeur’ from the Légion d’Honneur’ in France.

Furthermore, after the siege of Paris and the Commune, the routing of water networks was badly damaged and water had become an expensive commodity. In 1872 Wallace took it upon himself to provide the city of Paris with 40 water fountains which had both a practical and an aesthetic function. The fountains helped the needy access drinking water and were also used to distract from the excessive alcohol consumption. The fountains which still bear his name today were built fully at Wallace’s expense and were distributed across the capital.

Wallace died on the 20th of July 1890 in Paris. His widow donated to the British nation an important part of his collection; furniture, paintings and art objects, which today form the ‘Wallace Collection’ national museum.

Only the No. 4691 Breguet watch remained in the family after Wallace’s death, and went on to the heirs of his wife, Julie Castelneau, from whom he adopted Edmund, son of her first marriage. By oral tradition in the family since then, the watch was to remain in the same hands until the death of the last member bearing the name Wallace.