Collector's Pocket Watches, Wristwatc...

New York, Grand Havana Room, Mar 19, 2003

LOT 105

International Watch Co., Schaffhausen, "Grande Complication", No. 18/ 50, Ref. 3770. Produced in a limited edition of 50 examples in 1993.Very fine and extremely rare, oversized, astronomic, minute-repeating, self-winding, platinum gentleman's wristwatch with 44 hours autonomy, square button chronograph, registers, perpetual calendar, moon phases and a platinum IWC buckle.

USD 110,000 - 130,000

EUR 100,000 - 120,000

Sold: USD 112,500

C .three-body, solid, polished, case back with screws, pyramidal bezel, curved straight lugs, screwed-down crown, sapphire crystal. D. white with applied yellow gold indexes, auxiliary dials for the seconds, the 12 hour and 30 minute registers, the days of the month, the week and the months, apertures for the 4-digit year and the moon phases. Bâton yellow gold hands. M. Cal 79091, rhodium-plated, "fausses côtes" decoration, 68 jewels, straight line lever escapement, monometallic balance, shock-bsorber, self-compensating flat balance spring, repeating on gongs by activating slide on the band.Dial, case and movement signed.Diam. 42 mm.


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Grading System
Grade:
Case: 1
Movement: 1
Dial: 1 - 01

Notes

International Watch Co., SchaffhausenIn the 1870's, American-born Florentine Ariosto Jones, who had been appointed director of the E. Howard & Co. watchmaking factory in Boston at the early age of 27, decided to manufacture high-quality movements and watch parts for the American market using American technology and skilled labor from Switzerland, where wages were comparatively low. However, the skilled workers in the Geneva region and in the remote valleys of the Jura mountains resisted the plans of a man they considered an intrude, and it was not until Jones teamed up with Johann Heinrich Moser from Schaffhausen that his plan could be realized. Moser had built a hydrostation in Schaffhausen, powered by water from the Rhine, which generated low-cost energy.In 1868, Jones settled on the banks of the Rhine, creating the International Watch Company. Schaffhausen had long been a watchmaking town, with a clockmaker's guild existing there since 1583. The town was also home to the famous Habrecht family of clockmakers, who built the impressive astronomical clock for the Strasburg cathedral. However, Jones' arrival marked a new era in time measurement, for he was not only an entrepreneur but a talented watchmaker. The first pocket watches produced in Schafhausen with the Jones caliber had a wealth of advanced technical features.A year after its foundation, the "American" watch factory passed into Swiss hands, but its philosophy - "Probus Scafusia" (good, solid craftsmanship from Schaffhausen) - has remained unchanged. By the late 1930's, IWC's reputation was so good that its watches were considered "the poor man's Patek Philippe".In recent years, IWC enlarged their horological scope by a close cooperation not onlywith Jaeger LeCoultre, but also with A. Lange & Söhne in Glashuette.