‘’Souscription’’ The concept was both simple and brilliant: to offer his clients a watch that was ordered in advance and delivered upon completion. In silver, with the gold rims being the only decoration, the “souscription” watches were of a large diameter allowing the enamel dial to be divided in such a way that both hours and minutes could be read from a single hand. The movements had a single plate, the spring barrel mounted in the centre and the wheels elegantly positioned and retained by bridges. The single hand was driven directly off the barrel arbour, eliminating the motion work and the intendant friction, and the ruby cylinder escapement was fitted with a parachute (shock protector) and a compensation curb to assist in correcting temperature errors; features that were the norm for all of Breguet’s first class watches. To further reduce the selling price, Breguet decided to produce these watches in small series (between 12 and 20 examples at a time), with the buyers paying an account of 25% in advance and the balance on completion. Hence the term “de souscription” (by subscription). The success of these watches enabled Breguet to both re-establish his business, which had understandably been badly affected by the French Revolution and his exile, and to finance much of his research into other areas of horology. For a note on the history and development of Breguet’s “Souscription” watches see the catalogue: Antiquorum, Geneva, auction, October 14-15, 2006, pp. 32-33.