Important Modern & Vintage Timepieces

New York, Apr 09, 2014

LOT 18

INITIATIVE QUARTER-REPEATER & CHRONOGRAPH Initiative, Swiss, No. 59164. Made circa 1905. Fine, 18K gold, keyless, quarter-repeating pocket watch with co-axial single button chronograph. Accompanied by a fitted box.

USD 2,000 - 3,000

HKD 15,000 - 23,000 / CHF 1,800 - 2,700

Sold: USD 2,375

Four-body, "bassine", polished, engine-turned case back centered bi a shield, hinged gold cuvette engraved with prize medals. White enamel with printed radial Roman numerals, outer minute and 1/5th seconds track, sunk subsidiary seconds dial. Blued steel spade hands. 45 mm.(20''') frosted gilt, 21 jewels, straight-line lever escapement, monometallic balance with self-compensating blued steel Breguet balance spring, repeating on gongs by depressing push button in the band at 3.


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Grading System
Grade: AA

Very good

Case: 3

Good

Movement: 3*

Good

Overhaul recommended, at buyer's expense

Dial: 2-01

Very good

HANDS Original

Notes

Dial and cuvette signed. DIAM. 54 mm.