Lawrences Auctioneers Ltd

Lot 904

Description:
Large gold open face pivoted detent tourbillon chronometer, signed Moremble, Eleve de Breguet, No. 4, the silvered engine turned dial with Roman numerals, subsidiary seconds dial and power reserve indicator and inscribed either side of the subsidiary dial ' Regulateur a Tourbillon ', inscribed to the inner cover, ' No. 4 Chronometre Tourbillon, Moremble Eleve de Breguet ', signed again to the back plate and numbered 4, 61mm diameter, presented in a red Morocco leather covered case from Desoutter and also including Desoutter's invoice dated 1930 and two letters from Mrs Desoutter inviting Mr Payne to purchase the watch owing to the death of her husband

PROVENANCE
The Francis Payne Collection of Pocket Watches

Francis Payne was a successful consulting and mining engineer working out of London offices in the early years of the last Century. His collection was formed mainly between 1910 – 1930, the result of what he considered to be his ‘Favourite Recreation, He developed contacts with various leading retailers and Auction Houses at the time. Several pieces offered here retain original invoices from Louis Desoutter, who also carried out some repairs. There are also interesting original invoices and letters from Breguet and others.
The collection has remained in the Payne family ever since and none of these watches will have been seen on the open market in recent times.
Hammer:
£17000
Fees Applied to in room and absentee bid hammer prices:

24% inc VAT*

Fees Applied to Online and Autobid hammer prices:

27.6% inc VAT*

More Sale Information

*Terms and Conditions

Shipping Policy

Entries will be accepted from Monday 10th February to Friday 21st February 2020


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