Collector's Pocket Watches, Wristwatc...

Noga Hilton, Geneva, Apr 12, 2003

LOT 381

Cartier, Paris "Montre-Chevalet", sold to Frederick W. Vanderbilt, entered into the register on December 20, 1928.Very fine and elegant 18K gold and enamel Art Deco sapphire-set keyless dress and desk watch in original Morocco fitted box.

CHF 16,000 - 20,000

EUR 11,000 - 14,000 / USD 12,000 - 15,000

C.Two-body, centers engine-turned in straight line pattern, sides with champlevé black enamel semicircles, two sapphire-set pushpieces for opening. D. Rectangular, Arabic numerals, inner square minute track. Blued steel Breguet hands. M. 22 mm. (10'''), frosted gilt, 15 jewels, straight line lever escapement, cut bimetallic compensation balance with Breguet balance spring.Signed on the dial, movement signed European Watch and Clock Co. Inc., France, case punched with French gold marks and Edmond Jaeger's trademark.Dim. 43 x 32 mm.


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Grading System
Grade: AA

Very good

Case: 3
Movement: 3*
Dial: 3 - 17 - 01

Notes

Frederick W. Vanderbilt (1856-1938)A descendant of the famous Vanderbilt family which had made its fortune in shipping and the railroads, Frederick was the grandson of Cornelius and the son of William Vanderbilt. Born on February 2, 1856, Frederick attended Yale and in 1878 married Louise Holmes Anthony, the daughter of Charles L. Anthony, a prominent New York City and Newport, R.I. financier.Aside from his business, Vanderbilt was devoted to yachting. He and his wife were associated in many philanthropic endeavors, particularly those related to young people; and he gave generously to several institutions of higher learning. Institutions which he supported during his lifetime and for which he provided in his will were Yale; Vanderbilt University at Nashville, Tenn., and the Vanderbilt Clinic at Columbia University, built in memory of his father. Vanderbilt avoided publicity, just ase avoided membership in clubs and organizations of the type that might bring his name to public attention through officership or committee activity. This preference for anonymity continued until his death at Hyde Park on June 29, 1938, at the age of 82. Vanderbilt was buried in the family mausoleum in Staten Island. He left no immediate survivors, for his wife had died in Paris 12 years earlier and they had had no children.His estate accounts revealed that Vanderbilt, although retired for some years, had retained directorships in 22 railroads and many other corporations. His chief holdings were in the New York Central railroad system, a Vanderbilt enterprise from its beginning. The fortune he left amounted to over $78 million.