Important Collectors’ Wristwatches, P...

Hong Kong,the Ritz Carlton Hotel,harbour Room, 3rd Floor, Jun 02, 2007

LOT 237

?For Cornelius Vanderbilt Jr.? Patek Philippe & Co, Genève, No. 90573, case No. 209122. Made for Tiffany & Co., New York. Made in 1892, sold on December 1892. Very fine and rare, small, minute-repeating 18K gold pocket watch with split-seconds chronograph, given by Cornelius Vanderbilt II to his son Cornelius Vanderbilt III, July 1893. Accompanied by the Extract from the Archives.

HKD 300,000 - 400,000

USD 40,000 - 55,000 / EUR 30,000 - 40,000

Sold: HKD 318,600

C. Four-body, ?bassine?, polished, back cover with engraved monogram ?CV?, the interior inscribed ?Cornelius Vanderbilt Jr. from his father, July 1893?, bolt at 11 to lock the chronograph. Hinged gold cuvette. D. White enamel, narrow radial Roman numerals, outer minute track and concentric fifths of a second divisions, Arabic five minute/seconds numerals, subsidiary seconds. Blued steel ?spade? hands. M. 16???, rhodium-plated, ?fausses côtes? decoration, 28 jewels, counterpoised straight-line lever escapement, cut bimetallic balance, blued steel Breguet balance spring, index regulator, repeating on gongs activated by a slide on the band. Dial, case and movement signed Tiffany & Co., New York. Diam. 44 mm. Property of an American Gentleman


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Grading System
Grade:
Case: 3

Good
Movement: 3*

Good

Overhaul recommended, at buyer's expense
Dial: 2-01

Very good

HANDS Original

Notes

Cornelius Vanderbilt III (1873-1942) a distinguished military officer, inventor, engineer, and yachtsman, and a member of the prominent American Vanderbilt family. The great-grandson of Cornelius Vanderbilt and the son of Alice Claypoole Gwynne and Cornelius Vanderbilt II, he was born in New York City and attended Yale University where he graduated with a Bachelor of Arts degree in 1895. He married against his father's wishes in August 1896. Remaining at Yale until 1899, he earned a Bachelor of Philosophy degree, along with a degree in mechanical engineering. He patented more than thirty inventions for improving locomotives and freight cars, including several which brought him a significant royalty income.