Important Collectors' Wristwatches, P...

Geneva, Hotel Noga Hilton, Oct 16, 2005

LOT 63

?La Lettre d?Amour? Auguste Golay?Leresche, Geneve, No. 1184, the movement by Jean Gallay, Geneve. Made circa 1850. Very fine and rare, 18K gold snuff box with concealed watch.

CHF 22,000 - 27,000

EUR 14,000 - 18,000 / USD 18,000 - 22,000

C. Three-body, oval bombe, the base and lobed sides finely engraved with foliate scrolls and flowers, the lid with concealed hinge and engraved with a scene of a young lady with a pet dog awaiting a pigeon carrying a letter within a rustic landscape with scroll border, sprung catch in the thumb-piece opening a concealed panel to reveal the watch, foliate engraved gold mask with apertures for the winding and regulator. D. Small white enamel with Roman numerals and outer minute track. Black steel ?spade? hands. M. 32.5 x 18 mm., frosted gilt, bar caliber, 8 jewels, cylinder escapement, three-arm brass balance wheel, flat blued steel balance spring, index regulator. Dial mask signed A. Golay?Leresche, Geneve. Movement signed J. Gallay, Geneve and numbered 1184. Dim. 64.5 x 53.5 x 32.5 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

The lid of this snuff box is so well made that it is almost impossible to tell that it holds a watch. Auguste Golay-Leresche David Auguste Golay (1814-1895), called Auguste, was the son of Jacques David Golay of the Vallée de Joux, and Susanne Louise Meylan, who settled in Geneva around 1829 with their son. In 1837 Auguste married Susanne Leresche, a ?regleuse? who probably worked for her father, also a watchmaker. That same year Golay founded his first firm, juxtaposing his wife's name with his own, as was the custom: Golay-Leresche. In 1841, Auguste Golay took on an associate, Louis Gunther, forming an "établissement d'horlogerie", called Golay & Gunther, which was dissolved in 1842 upon the departure of Louis Gunther. Auguste Golay continued working under his own name, Golay-Leresche, and became quite successful. The firm's production was invariably of high quality, and Auguste Golay a shrewd businessman. Exceptional items were shown at the growing number of International Exhibitions, and the company won prizes at the exhibitions of London in 1851, Paris in 1855 and 1878, and in the Swiss National Exhibitions held in Zurich, Geneva, etc. Following the death of Auguste in 1895, his sons Pierre and Louis took Edouard Stahl into partnership in 1896. The firm's name changed to Golay Fils & Stahl, and continues as such to this day. Jean Gallay was a watchmaker and merchant. He is recorded at the rue du Mont Blanc 2 in 1857, and at the rue Kléber 119 ter in 1860. "Dictionnaire des Horlogers Genevois", by Osvaldo Patrizzi, Antiquorum Editions, Geneva, 1998.