BREGUET [寶璣] | A VERY RARE, FINE AND SLIM WHITE GOLD OPEN-FACED KEYLESS LEVER JUMP HOUR WATCH WITH DIGITAL DISPLAY PERPETUAL CALENDAR NO. 1116, SOLD TO MONSIEUR CORTLANDT BISHOP ON 7 MARCH 1927 FOR 24,000 FRANCS [極罕有白金跳時懷錶備萬年曆數字顯示，編號1116，1927年3月7日以24,000法郎售出]
A VERY RARE, FINE AND SLIM WHITE GOLD OPEN-FACED KEYLESS LEVER JUMP HOUR WATCH WITH DIGITAL DISPLAY PERPETUAL CALENDAR
NO. 1116, SOLD TO MONSIEUR CORTLANDT BISHOP ON 7 MARCH 1927 FOR 24,000 FRANCS
• Movement: 18''' damascened bridges, lever escapement, jewelled to the centre, bi-metallic compensation balance, signed and numbered Breguet 1116
• Dial: silvered with vertical satin finish, rectangular triple aperture for day, month and date indication in French, tapered aperture for jumping hours with fan-form aperture above for rotating minute disc, signed and numbered Breguet 1116
• Case: 18ct white gold, polished flat back, polished chamfered bezels, white gold pendant and bow, snap-on back signed and numbered B 1116 with Swiss hallmarks and Paris control marks introduced in 1838
Monsieur Cortlandt Bishop, New York
Accompanied by a Breguet certificate dated 27 January 2020.
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Movement running at time of cataloguing, there is some slippage as the hours turn over between 4 and 9 o'clock, sometimes when manually adjusting two hours will change at once. Day and date adjusting at midnight and the manual adjustment pusher beneath the bezel is advancing all calendar functions.
Dial: some tarnishing staining
Case: in re-polished condition
The lot is sold in the condition it is in at the time of sale. The online condition report is provided to assist you with assessing the condition of the lot and is for guidance purposes only. The images of the lot also form part of the online condition report for the lot provided by Sotheby's. Any reference to condition in the online condition report does not amount to a full description of condition. The online condition report may make reference to particular imperfections of the lot but you should note that the lot may have other faults not expressly referred to in the online condition report of the lot or shown in the online images of the lot (for example, the online condition report 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. The online condition report may not refer to all faults, restoration, alteration or adaptation because Sotheby's is not a professional conservator or restorer but rather the online condition report is a statement of subjective, qualified opinion genuinely held by Sotheby's (for example, information regarding colour, clarity and weight of gemstones are statements of opinion only and not statements of fact by Sotheby's). Please also note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and wrist bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. In addition, certain images of the lot provided online may not accurately reflect the actual condition of the lot (for example, the online images may represent colours and shades which are different to the lot's actual colour and shades). For these reasons, the online condition report is not an alternative to taking your own professional advice regarding the condition of the lot. Prospective buyers should also refer to the Buying at Auction guide which includes important notices concerning the type of property in this sale. 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. Please be advised that wristbands 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. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS (ONLINE ONLY).
Cortlandt Bishop, New York
The display of time using apertures cut into the front of a watch's case has a long and rich history, however, it is a style of display that became especially fashionable during the Art Deco period; this was in part accelerated by the novel way this format could be incorporated into and compliment the design of fine and slim dress watches of the period. Interestingly, although such 'window' forms of indication were also well suited to calendar display, jump hour watches with the addition of calendar are rare and those with perpetual calendar especially so. This is almost certainly due to the high cost of production. To illustrate the point, the very high price of 24,000 Francs paid for the present watch was three times more than the cost of a white gold wandering jump hour watch by Breguet sold in the same year, 1927.
Cortlandt Bishop (1870-1935) was a prominent New Yorker known for his varied interests including aviation, cars, and art. His business interests were equally diversified, from a realty portfolio that included prime property on 6th avenue in Manhattan, to his purchase of America’s largest auction house, the American Arts Association-Anderson Galleries, which was the predecessor of Sotheby’s. Under Bishop’s stewardship, Major Hiram H. Parke and Otto Bernet were installed to run the auction house.
Following the death of Bishop in 1935, Parke and Bernet left to found Parke-Bernet Galleries. In 1938, Parke-Bernet purchased the American Arts Association-Anderson Galleries from Bishop’s estate. In 1968 Sotheby’s bought Parke-Bernet Galleries and became Sotheby Parke-Bernet. The name remained unchanged until Alfred taubman purchased the firm, changing the name to Sotheby's.
For a similar Breguet watch (no.1622) but in Osmior metal case and sold in 1930, see Christie's Geneva, 10 November 2014, lot 390.