Lot 74
  • 74

An English silver and enamel presentation book of IBM interest, London, 1938

Estimate
10,000 - 20,000 USD
bidding is closed

Description

  • marked P&B Ld on book and F.L.L Ltd on panels
  • silver, enamel
  • height 9 5/8 in., length fully extended 42 in.
  • 24.5, 106 cm
the book-form box with engine-turned sides, engraved "World Peace through World Trade" and "Thos. J. Watson" with monogram, opening to seven hinged panels with engraved texts, facsimile signatures, and enameled accents, the tab engraved 4 May 1939

Condition

cover separating a little at top of front hinge, guide pin missing at base, minor scratches, otherwise good
In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. 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.
NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING CONDITION OF A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF SALE PRINTED IN THE CATALOGUE.

Catalogue Note

The first page inside states, "A Tribute to Mr. Thomas J. Watson, President International Business Machines Corporation [IBM], on the occasion of the twenty fifth anniversary of his matchless leadership".  Following pages comprise a welcome from the British IBM Quarter Century Club with signatures, an appreciation from the members of the British International Time Recording Organization (23 to 10 years) with signatures, and a pledge for World Peace.

Thomas J. Watson (1874-1956) was Chairman and CEO of IBM, being instrumental in building it into an international powerhouse between his joining in 1914 and his death.  In 1937, Watson was elected chairman of the International Chamber of Commerce, and the slogan "World Peace through World Trade" was adopted by both the ICC and IBM.  In 1941, he had the third highest salary and compensation package in the U.S., $517,221, on which he paid 69% in tax.  The main library at the Metropolitan Museum of Art is named for him.