Notes
The Extract from the Archives, dated March 12, 2021, mentioned that this watch was invoiced on June 1st, 1950, to the Longines agent, Maison Wirth, Switzerland.
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The Société Genevoise pour la construction d’Instruments de Physique (SIP)
The company was founded in 1862 by Geneva scientists Auguste De la Rive (1801-1873) and Marc Thury (1822-1905) to manufacture scientific instruments. From 1870, under the impetus of Théodore Turrettini (1845-1916), it diversified its activities into new energy sectors (hydro-motors, refrigeration systems, electricity meters), as well as metrology (precision rules). This three-fold expertise led to the development, in 1921, of a machine tool that would contribute to the growth of mass production in mechanics, the pointing machine, called the “MP”, capable of machining with a precision of the order of a thousandth of a millimetre. A true technological feat, this production will make SIP one of the most prestigious machine manufacturers in the world. After employing up to 1 600 people (1969), a prisoner of its engineering culture, the company struggled to adapt to the economic changes that affected the industry from 1970 onwards. In 1990, SIP left its Plainpalais site for Satigny. In 2006, with only around 40 employees left, it was taken over by the Starrag Heckert group.
CONDITIONS AND INFORMATION FOR BUYERS
The purchase price payable by a buyer will be the sum of the final bid price plus
the buyer’s premium, together with any applicable sales or compensating use tax. In addition to the hammer price, the buyer’s premium is payable as follows:
25% of the hammer price on each lot.
Important notice – Special conditions
Please look carefully at all the photos as they are an integral part of the description. Any defect not mentioned in the descriptions but visible on the photos will be considered as described and cannot lead to any claim. The dimensions are given as an indication and may slightly differ from the measures mentioned by the manufacturers especially for contemporary watches. The photos are not retouched. Colors may differ from reality. For timepieces, we guarantee neither the functioning nor the precision of the movement, nor the water-resistance of the case. In addition, please note that movements, parts of mechanisms or cases may be incomplete. The
lots are sold “as is”, described to the best of our knowledge and
cannot be returned.
Once the online bid is placed by the bidder, it cannot be cancelled.