Collector's Pocket Watches, Wristwatc...

New York, Grand Havana Room, May 21, 2003

LOT 121

International Watch Co., Schaffhausen, "Grande Complication", No. 12/ 50, Ref. 3770. Produced in a limited edition of 50 examples in 1999.Very fine and extremely rare, oversized, astronomic, minute-repeating, self-winding, platinum gentleman's wristwatch with 44 hours autonomy, square button chronograph, registers, secular perpetual calendar, moon phases and a platinum IWC buckle.

USD 90,000 - 110,000

EUR 83,000 - 100,000

C. three-body, solid, polished, engraved case back with screws, pyramidal bezel, curved straight lugs, screwed-down crown, sapphire crystal. D. white enamel 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 year display with four digitsuntil 2499 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-absorber, 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: 2

Very good

Movement: 1

As new

Dial: 1-01

As new

HANDS Original

Notes

International Watch Co., Schaffhausen In 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 pans 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 Hbrecht 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 Schaffhausen 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 Scaffhausen)-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 only with Jaeger LeCoultre, but also with A. Lange & Söhne in Glashuette.