Important Collectors’ Wristwatches, P...

New York - The Fuller Building, Mar 28, 2007

LOT 93

?1/4 Century Club" Rolex for Eaton, ?1/4 Century Club", Ref. 5590/ 1011. Made in 1965, presented to Malvern G. Smith on his becoming a member of "The Timothy Eaton Quarter Century Club," 1940-1965. Fine and rare, center seconds, self-winding, water-resistant, l4K yellow gold gentleman's wristwatch. To be sold without reserve

USD 2,000 - 3,000

EUR 1,500 - 2,300

Sold: USD 3,068

C. Three-body, polished, screw-down case back with dedication inscription, Oyster crown, lapidated lugs. D. Matte silver with applied gold letters "1/4 Century Club" instead of numerals, outer minute track and luminous dots. Luminous yellow gold "alpha" hands. M. Cal. 1530, rhodium-plated, 26 jewels, straightline lever escapement, monometallic balance, shock absorber, selfcompensating Breguet balance spring. Case and movement signed, dial signed "Eaton". Diam. 33 mm. Thickness 12 mm.


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Grading System
Grade: AA

Very good
Case: 3

Good
Movement: 3*

Good

Overhaul recommended, at buyer's expense
Dial: 3-01

Good

HANDS Original

Notes

Watches bearing this case design are called ?bombé? by collectors. 1/4 Century Club Timothy Eaton (1834-1907) opened his first department store in Toronto in 1869. By the early 20th century T. Eaton Co. Ltd. had become one of Canada?s largest retailers. The 1/4 Century Club watches, made from the 1930s until as late as the 1960s, were given by the company to employees in thanks for 25 years of loyal service.