Contemporary, Limited Edition and Mod...

New York, Park Lane Hotel, Dec 15, 1998

LOT 276

Gruen Fiftieth Anniversary, No. 108, specially made in 1924 for Edgar J. Kaufmann. Fine and rare 18K white gold pentagonal keyless watch, from a limited edition of 600 pieces, the number of months Gruen had been in business since 1874.

USD 2,200 - 2,600

Sold: USD 3,220

. Three body, massive pentagonal, band pendant and bow chased with floral decoration, the polished back centred with black champleve enamelled initials "E.J.K.", the border engraved with the dedication: Presented by members, Sdand by Club of Kaufmann.'c the big store. Hinged gold cuvette engraved: Made especially for Edgar J. Kaufmann. D. Two tone silvered with applied gold Arabic numerals and sunk subsidiary seconds. Gold fancy hands. M. 16"', 12K gold bridges engraved with scrolled foliage, 21 jewels, 2 diamonds, Extra Precision, straight line lever escapement, cut bimetallic balance, Breguet balance spring with micrometric index. Signed on the dial, case and movement. Diam. 45 mm.


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Grading System
Grade: AA

Very good
Case: 3-6

Good

Slightly oxidized
Movement: 4-8*

Fair

Slightly scratched

Overhaul recommended, at buyer's expense
Dial: 3-5-01

Good

Poor

HANDS Original

Notes

Produced in 1924 to celebrate the 50th Anniversary of the Gruen Factory, the 600 Fiftieth Anniversary watches, were sold at the price of $ 500 to American V.I.P. clients whose names were published by Gruen. For more details about the 50th Anniversary watches, please refer to Eugene T. Fuller: The Pncelcss Po.csersion of aEcni, is Supplement of the NAWCC Bulletin, No. 10, winter 1974, pp. 341-36.