London Watches | Auction 22 May 2025

LONDON WATCHES 22 MAY 2025 LONDON LIVE ONLINE

THURSDAY 22 MAY 2025 AT 2PM

Printed by Park

Sale Number LT848

Lyon & Turnbull 22 Connaught Street LONDON W2 2AF

BIDDING AT THIS SALE

LONDON VIEWING

Online, telephone and commission bidding only - please see the guide to bidding on page 68

8 Porchester Place, London W2 2BS Sunday 18 May, 12 noon - 4pm Monday 19 May, 10am - 8pm Tuesday 20 May, 10am - 4pm Wednesday 21 May, 10am - 4pm

Front Cover Lot 26

CONTACT

Communications, a Carbon Neutral Company, on FSC® certified paper. Park works to the EMAS standard and its Environmental Management System is certified to ISO 14001. This publication has been manufactured using 100% offshore wind electricity sourced from UK wind. 100% of the inks used are vegetable oil based, 95% of press chemicals are recycled for further use and, on average 99% of any waste associated with this production will be recycled and the remaining 1% used to generate energy. This document is printed on Magno Satin paper made of material from well-managed, FSC®certified forests and other controlled sources.

Inside Front Cover Lot 22

LONDON +44 (0) 207 930 9115 EDINBURGH +44 (0) 131 557 8844 info@lyonandturnbull.com

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BUYER'S GUIDE

This sale is subject to our Standard Conditions of Sale (available at the back of every catalogue and on our website). If you have not bought at auction before we will be delighted to help you.

BUYER’S PREMIUM The buyer shall pay the hammer price together with a premium, at the following rate, thereon: 26% up to £20,000 25% from £20,001 to £500,000 20% thereafter. VAT will be charged on the premium at the rate imposed by law (see our Conditions of Sale at the back of this catalogue). ADDITIONAL VAT † VAT at the standard rate payable on the hammer price ‡ Reduced rate of 5% import VAT payable on the hammer price Ω Standard rate of import VAT on the hammer price Lots affixed with ‡ or Ω symbols may be subject to further regulations upon export /import, please see Conditions of Sale for Buyers Section D.2. No VAT is payable on the hammer price or premium for books bought at auction. WATCHES Please note that all watches sold at auction are pre-owned and as such come with wear that is consistent with age and use. We recommend that a condition report is requested prior to bidding on any timepiece at auction. It is the responsibility of the bidder to do so and the absence of a condition report does not imply that the lot is in perfect condition. Condition reports for all watches (and other items of a mechanical nature) are made without any guarantee as to the working condition beyond the point at which the report is written. Watches are not tested in house for accuracy or water tightness. Buyers should assume that any watch purchased at auction will require regular, and often immediate, servicing. Originality of parts, forming the structure of the watch and its bracelet/strap and all constituent parts, and the internal movement, should not be assumed. Originality is not guaranteed in any form. Unless otherwise stated, all watches will

have been opened during the cataloguing process. It must therefore be assumed that the waterproof seal will need to be reinstated by a competent watch maker. If the watch caseback has not been opened and the movement has not been accessed, nothing pertaining to the movement’s originality or condition should be assumed by the buyer. REGISTRATION All potential buyers must register prior to placing a bid. Registration information may be submitted in person at our registration desk, by email, or on our website. Please note that first-time bidders, and those returning after an extended period, will be asked to supply the following documents in order to facilitate registration: 1 – Government issued photo ID (Passport/Driving licence) 2 – Proof of address (utility bill/bank statement). We may, at our option, also ask you to provide a bank reference and/ or deposit. (Particularly for bidding on lots marked by the high value lot symbol ) By registering for the sale, the buyer acknowledges that he or she has read, understood and accepted our Conditions of Sale (available at the back of every catalogue and on our website). BIDDING & PAYMENT For information on bidding options see our Guide to Bidding & Payment at the back of the catalogue. REMOVAL OF PURCHASES Responsibility for packing, shipping and insurance shall be exclusively that of the purchaser. See Collections & Storage section for more info specific to this particular auction.

CATALOGUE DESCRIPTIONS All item descriptions, dimensions and estimates are provided for guidance only. It is the buyer’s responsibility to inspect all lots prior to bidding to ensure that the condition is to their satisfaction. Our specialists will be happy to prepare condition reports and additional images. These are for guidance only and all lots are sold ‘as found’, as per our Conditions of Sale. IMPORT/EXPORT Prospective buyers are advised that several countries prohibit the importation of property containing materials from endangered species, including but not limited to; rhino horn, ivory, coral and tortoiseshell. Accordingly, prospective buyers should familiarise themselves with all relevant customs regulations prior to bidding if they intend to import lots to another country. It is the buyer’s sole responsibility to obtain any relevant export or import licence. The denial of any licence or any delay in obtaining licences shall neither justify the recession of any sale nor any delay in making full payment for the lot. COLLECTION OF PURCHASED LOTS Collections can be made from Lyon & Turnbull, 22 Connaught Street, London W2 2AF. All collections will be by appointment only (this applies to both carriers and personal collections). To make an appointment email london@lyonandturnbull.com or call 0207 930 9115. Please ensure payment has been made prior to collection. This can be done by bank transfer, and debit/credit card online (powered by Opayo) - details will be shown on your invoice. Please note we are unable to take payments over the phone.

ENDANGERED SPECIES Please be aware that lots marked with the symbol Y contain material which may be subject to CITES regulations when exporting outside Great Britain. For more information visit http://www.defra.gov. uk/ahvla-en/imports-exports/cites

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MEET THE SPECIALISTS

At Lyon & Turnbull we want to make buying at auction as easy and enjoyable as possible. Our specialist team are on hand to assist you, whether you are looking for something in particular for your home or collection, require more detailed information about the history or condition of a lot, or just want to find out more about the auction process.

Charles Tearle Head of Watches charles.tearle@lyonandturnbull.com

Veronica Olszowska FGA Sale Coordinator, London veronica.olszowska@lyonandturnbull.com

Kier Alexander Specialist, Silver & Objets de Vertu, Edinburgh kier.alexander@lyonandturnbull.com

Sarah Duncan GG Head of Jewellery, London sarah.duncan@lyonandturnbull.com

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1 ROLEX. A STAINLESS STEEL AND PLATINUM AUTOMATIC WRISTWATCH WITH ROTATING BEZEL AND DATE OYSTER PERPETUAL YACHTMASTER, REF.16622, SERIAL NO. Z585065, MADE CIRCA 2006 Cal.3135 self-winding movement, platinum dial with luminous dot, triangle and baton markers within white gold surrounds, date aperture, white gold luminous Mercedes hands, red centre seconds, steel case with screw-down reverse and Oyster Triplock crown, bi-directional rotating platinum bezel calibrated to 60 minutes, on stainless steel Rolex Oyster Ref.78760 bracelet with locking clasp. Case, dial, bracelet and movement signed. Diameter 40mm, approx. inner bracelet diameter 196mm.

£3,000-5,000

2 ROLEX. A STAINLESS STEEL AND PLATINUM AUTOMATIC WRISTWATCH WITH ROTATING BEZEL AND DATE OYSTER PERPETUAL YACHTMASTER REF.116622, SERIAL NO.A88726G2, MADE CIRCA 2010 Cal.3135 self-winding 31 jewel movement, anthracite grey dial with luminous dot, triangle and baton markers within white gold surrounds, date aperture, white gold luminous Mercedes hands, pale blue centre seconds, steel case with screw-down reverse and Oyster Triplock crown, bi-directional rotating platinum bezel calibrated to 60 minutes, on stainless steel Rolex Oyster bracelet with locking clasp. Case, dial and movement signed. Diameter 40mm, approx. bracelet diameter 168mm.

£3,000-5,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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Above Lot 3

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3 ROLEX. A HIGHLY DESIRABLE STAINLESS STEEL AUTOMATIC CHRONOGRAPH WRISTWATCH OYSTER PERPETUAL DAYTONA, REF.116520, SERIAL NO.63V049L4, MADE CIRCA 2012 Cal.4130 self-winding movement, black dial with luminous indexes, subsidiary dials for running seconds, 30 minute and 12 hour chronograph registers, white gold, luminous and black baton hands, stainless steel Oyster case with screw-down reverse, Triplock Oyster crown and chronograph buttons, calibrated bezel, on fitted stainless steel Rolex Oyster bracelet with folding, locking clasp. Case, dial and movement signed. Diameter 40mm, approx. bracelet diameter 175mm. Accompanied by a green presentation case, Rolex Cosmograph booklets, wallet and numbered Rolex warranty card dated March 2012

£4,000-6,000

4 ROLEX. A FINE AND DESIRABLE STAINLESS STEEL AND WHITE GOLD AUTOMATIC DUAL TIME-ZONE ANNUAL CALENDAR WRISTWATCH OYSTER PERPETUAL SKY-DWELLER, REF.336934, SERIAL NO.L779N510, MADE CIRCA 2022 Cal.9002 self-winding movement, satin blue dial with luminous baton indexes within white gold surrounds, outer apertures for the month displayed in red, inner revolving second time-zone calibrated to 24 hours, white gold luminous baton hands, centre seconds, date aperture under magnifying lens, sapphire crystal, steel Oyster case with screw-down reverse and Oyster crown, white gold fluted rotatable ‘Rolex Ring Command’ bezel, on fitted stainless steel Jubilee bracelet with Oyster-Lock clasp. Case, dial and movement signed. Diameter 42mm, approx. bracelet diameter 185mm. Accompanied by a numbered Rolex sales tag. Note: Released at Baselworld in 2012, the SkyDweller was the first new innovation released by Rolex in over 20 years and considered the most complicated movement made by the famous Swiss luxury manufacturer. The 12 outer apertures allow for a red indicator to be displayed showing the relevant 12 months, combined with the date, this allows the wearer to use the watch as an annual calendar that only requires adjustment each leap-year. The central rotating 24 hour scale displays ‘home time’ with date and hands being set to local time when travelling.

£4,000-6,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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5 ULYSSE NARDIN. A FINE STAINLESS STEEL AUTOMATIC CHRONOGRAPH WRISTWATCH MARINE CHRONOGRAPH, REF.353-22, CASE NO. 0488, MADE CIRCA 1999 UN-35 self-winding 21 jewel movement, silvered dial with black numerals, outer tachometer, subsidiary dials for running seconds, 30 minute and 12 hour chronograph registers, date aperture, blued steel hands, centre chronograph seconds hand, stainless steel circular case with ‘18 gold medals’ designated reverse secured by 4 screws, screw down UN crown and chronograph buttons, numbered plaque to the case band, on leather strap. Diameter 38mm. Accompanied by a wooden Ulysee Nardin presentation case, wallet, instructions, booklet and numbered certificate dated 12.99.

£1,500-2,000

6 CHOPARD. A FINE LIMITED-EDITION AUTOMATIC TITANIUM FLYBACK CHRONOGRAPH WRISTWATCH MILLE MIGLIA, JACKY ICKX EDITION, REF.8902, CASE NO.851797, EDITION NO.467/1000, SOLD IN 2002 Cal.2892A2 self-winding 57 jewel movement adjusted to 5 positions, matt white dial with polished steel numerals, outer luminous dots, subsidiary dials for running seconds, 30 minute and 12 hour chronograph registers, date aperture, luminous baton hands, centre seconds chronograph seconds hand, circular satin finish titanium case with display reverse featuring Jacky Ickx edition details signature, secured by 8 screws, Chopard crown, round chronograph buttons, with titanium Chopard buckle. Case, dial and movement signed. Diameter 40mm. Accompanied by a Chopard presentation case, limited edition certificate and Chopard service papers dated 2022. Note: Jacky Ickx is considered one of the greatest drivers in motor-racing history, competing in Formula One, where he participated in 114 Grand Prix races from 1967 to 1979, and numerous endurance races, including the Paris Dakar and famous Le Mans 24hrs. Jacky Ickx was honoured by Chopard with this limited edition for his participation in the Mille Miglia in 1991, 1993, 1996, 1998 and 2001.

£2,000-3,000

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7 HUBLOT. A TITANIUM AUTOMATIC WRISTWATCH WITH DATE CLASSIC FUSION TITANIUM 42, REF.542.NX.1171. RX, SERIAL NO.12118134, MADE CIRCA 2020 Cal.HUB11 self-winding 25 jewel movement, matt black dial with applied faceted batons, date aperture baton hands, centre seconds, titanium tonneau shape case with glazed reverse secured by screws, bezel and strap secured by specialised screws, on rubber strap with stainless steel Hublot folding/ locking buckle. Case, dial and movement signed. Diameter 42mm. Accompanied by a Hublot presentation case and undated Hublot warranty card.

£1,000-1,500

8 HUBLOT. A STAINLESS STEEL, TITANIUM AND CERAMIC AUTOMATIC CHRONOGRAPH WRISTWATCH BIG BANG, NO. 342-714181, MADE CIRCA 2005 Self-winding movement, black carbon dial with applied alternate steel numerals and batons, date aperture, subsidiary dial for running seconds, 30-minute and 12-hour chronograph registers, stainless steel and titanium case with screwed down glazed reverse, black ceramic bezel secured by special screws, on rubber Hublot strap with Hublot stainless steel folding locking buckle. Case, dial and movement signed. Diameter 41mm.

£2,000-3,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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9 UNIVERSAL, GENÈVE. A RARE 18K YELLOW GOLD SINGLE-BUTTON CHRONOGRAPH WRISTWATCH MADE IN THE 1930S Hand-wound mechanical movement, white enamel dial with black numerals, red telemeter scale, 18k gold circular case with oval chronograph button to the band, hinged loop lugs. Dial and movement signed. Diameter 41mm.

£2,000-3,000

In 2023 it was announced that Partners Group, the ownership group behind Breitling watches, had acquired the rights to Universal Genève. This acquisition was keenly noted by the watch community with renewed anticipation on the future of Universal Genève watches.

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10 OMEGA. AN 18K PINK GOLD AUTOMATIC WRISTWATCH REF.2659, CASE NO.11136171, MOVEMENT NO.12956961, MADE CIRCA 1955 Cal.342 buffer-type self-winding 17 jewel movement, silvered dial with applied alternate dagger indexes and numerals, subsidiary seconds, index hands, 18k pink gold circular case with downturned lugs. Case, dial and movement signed. With 9k gold Omega buckle with Birmingham gold assay for 1955. Diameter 34mm.

£1,000-1,500

11 LONGINES. A FINE 18K ROSE GOLD MECHANICAL WRISTWATCH REF.4376, SERIAL NO.7671982, MADE IN 1949 Cal.12.68Z manually wound movement, two-tone silvered dial with alternate gilt dot and Roman numerals, subsidiary seconds, outer minutes, leaf hands, 18k rose gold case. Case, dial and movement signed. Diameter 36mm. Accompanied by a Longines presentation case and printout from Marie Reber, Longines Branding and Heritage confirming production and sale of serial number 7671982 to their Spanish agent on November 10, 1949. Note: The case, with key stamp 171 for Swiss casemaker Bernard Dubois & Cie, is very well proportioned and the original dial attractively aged.

£1,000-1,500

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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12 FURRER JACOT. A GENTLEMAN’S SET OF 18K GOLD AND DIAMOND QUARTZ WRISTWATCH, GOLD CUFFLINKS AND DIAMOND RING SERIAL NO.5081611842, MADE IN THE 1990S Quartz movement, lined champagne dial, baton hands, 18k yellow gold rectangular case with lined upper, diamond-set sides, cabochon-set crown, on integral 18k yellow gold bracelet. Width 27mm, approx length 185mm. Accompanied by an 18k yellow gold and diamond ring, 18k yellow gold cufflinks and fitted suede presentation case.

£1,500-2,500

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13 VACHERON CONSTANTIN. A FINE AND UNUSUAL STAINLESS STEEL AND GOLD AUTOMATIC WRISTWATCH WITH DATE PHIDIAS, NO.104, CASE NO.588149, MADE IN THE 1990S Self-winding movement, champagne linen dial with applied gold baton indexes, date aperture, gold baton hands, tonneau shape case with reverse secured by screws, yellow gold bezel, on integral stainless steel and gold Vacheron Constantin bracelet with concealed double clasp. Case, dial and movement signed. Width 33mm, approx. bracelet diameter 180mm. Accompanied by a Vacheron Constantin presentation case.

£3,000-5,000

14 ROLEX. A STAINLESS STEEL AND GOLD AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL DATEJUST, REF.16203, SERIAL NO.P558316, MADE CIRCA 2000 Cal.3135 self-winding movement, silvered dial with applied gold Roman numerals, outer minute track, date aperture under magnifying lens, gold baton hands, centre seconds, stainless steel Oyster case with screw-down reverse and Oyster crown, smooth gold bezel, sapphire crystal, on stainless steel and gold Rolex Oyster Ref.78363 bracelet. Case, dial and movement signed. Diameter 36mm, aprrox. bracelet diameter 200mm.

£4,000-6,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

RootBeer

15 ROLEX. A DESIRABLE STAINLESS STEEL AND PINK GOLD AUTOMATIC DUAL-TIME WRISTWATCH OYSTER PERPETUAL GMT MASTER II ‘ROOT BEER’, REF.126711CHNR, SERIAL NO.OKL78021, MADE CIRCA 2020 Cal.3285 self-winding movement, black dial with Chromolight luminous dot triangle and baton indexes within rose gold surrounds, date aperture under magnifying lens, sapphire crystal, rose gold Mercedes hands, additional luminous GMT hand, steel Oyster case, screw-down reverse, rose gold Triplock Oyster crown, two-tone Carachrom black and brown ceramic bi-directional rotating bezel calibrated to 24 hours, on fitted Rolex Oyster steel and Everose gold Oyster bracelet with locking ‘easylink’ extending clasp. Case dial and movement signed. Diameter 40mm, approx. bracelet diameter 190mm.

£5,000-7,000

The Rolex GMT was developed in the 1950’s in conjunction

bezel) was released in 2018 with the latest Cal.3285

with PanAm pilots, allowing them to simultaneously track

movement featuring independent setting of a second time

local and home time.

zone, Parachrom hairspring, 70 hours power reserve and

The first example, Ref.6542 was launched in 1954. The current version, Ref.126711 CHNR (CHocolat/NoiR

instantaneous date change at midnight. The Everose gold used was created by Rolex SA within their own foundry and remains exclusive to the company.

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16 ROLEX. A STAINLESS STEEL DUAL TIME-ZONE AUTOMATIC WRISTWATCH OYSTER PERPETUAL GMT MASTER REF.16750, SERIAL NO.8901448, MADE CIRCA 1986, SOLD IN 1990 Cal.3075 self-winding 27 jewel movement, black service dial with luminous dot, triangle and baton indexes within white gold surrounds, date aperture under magnifying lens, white gold Mercedes hands with additional red 24hr hand, stainless steel case with screw-down reverse and Oyster crown, black bi-directional revolving bezel calibrated to 24 hours, on fitted stainless steel Rolex Oyster Ref.78360 bracelet with 580 endlinks, folding clasp with date code J2 (1985). Case, dial and movement signed. Diameter 39mm, approx. bracelet diameter 180mm. Accompanied by a numbered and dated 20-10-90 original hand-written sales receipt from Ali Abdulla Al-Siddiq Stores, Dammam. Correctly named and dated with 1675 sticker, but incorrectly (punch) numbered (5868819) Rolex warranty, incorrectly numbered (7069866) Rolex plastic wallet, instruction booklet and additional red/blue bezel. Note: From the original owner, who purchased the watch from a market in Dammam, Saudi Aribia in 1990. Concerned regarding the authenticity when purchasing, he was informed the watches offered were unsold stock from the nearby prestigious Ali Abdulla Al-Siddiq official Rolex retailer. It is interesting, almost comical, to note the lack of regard in assigning the correctly numbered associated paperwork.

£4,000-6,000

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17 ROLEX. A FINE AND UNUSUAL STAINLESS STEEL AND GOLD AUTOMATIC DUAL-TIME WRISTWATCH WITH DATE OYSTER PERPETUAL GMT MASTER, REF.1675, SERIAL NO.3262699, MADE CIRCA 1973 Cal.1570 self-winding movement, matt brown dial with dot, triangle and baton tritium indexes within gold surrounds, date aperture under magnifying lens, gilt Mercedes hands, centre seconds, 24 hour hand, stainless steel case with screw-down reverse and Oyster crown, two-tone faded bi-directional revolving bezel, on stainless steel and gold Rolex Oyster Ref.7836 bracelet with 280 endlinks, folding clasp stamped 4.71. Case dial and movement signed. Diameter 39mm. Accompanied by a 1991 Rolex service receipt. Note: From the original owner, this example retains its original dial and wonderfully faded bezel, additionally the bracelet, an original Ref.7836 with clasp stamped for the 4th quarter of 1971, which would be correct on a watch made circa 1973. Originally purchased using a bonus while working as a consultant in the Middle East, this model has been looked after, worn and enjoyed by only one person from new.

£6,000-8,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

The ‘Niki Lauda’ GMT 18 ROLEX. A VERY FINE AND RARE STAINLESS STEEL AUTOMATIC DUAL-TIME WRISTWATCH OYSTER PERPETUAL GMT MASTER, REF.1675, SERIAL NO.3423377, MADE CIRCA 1973, SOLD BY ROLEX PARIS IN 1975 Cal.1570 self-winding movement, matt black dial with tritium dot, baton and triangle markers, outer minutes, date aperture under magnifying lens, steel/tritium Mercedes hands, additional red 24 hour hand, centre seconds, stainless steel case with screw-down reverse and Oyster crown, faded blue/red revolving bezel graduated to 24 hours, on stainless steel Rolex Oyster folded-link Ref.7836 bracelet with 380 endlinks and 4.72 stamped folding clasp. Case, dial and movement signed. Diameter 39mm, maximum approx. bracelet diameter 185mm. Accompanied by the original punched Rolex Paris guarantee paper dated May 6, 1975 and Rolex booklet within a Rolex wallet. Digital scanned photographs of Niki Lauda with his friend and co-pilot Mr Erich Trog together. Further accompanied by a signed letter from Mr Erich Trog’s son, confirming this watch, serial number 3423377 was gifted to his father by Austrian Formula one legend and aviator, Niki Lauda. Offered in excellent original condition, apparently Erich Trog always cherished the special gift and rarely wore it.

£8,000-12,000

Niki Lauda is most famous for his life as a Formula One driver, however on a personal level, he loved aviation. He started flying in 1974 and purchased his first airplane in 1975, though he didn’t obtain his pilot’s license until 1976. In 1975, while racing for Ferrari, according to the consignor, en route flying to Monaco for the practice sessions commencing on May 8th, where he historically won for Ferrari on May 11, 1975, perhaps even to celebrate the purchase of his first plane, Niki bought the watch most associated with aviation, a Rolex GMT Master Ref.1675. Possibly in high spirits with his flying progress and confident in his and Ferrari’s ability to win; a confidence well deserved as he won the world championships for Ferrari the same year. Apparently, his co-pilot commented on his admiration for the famous pilot’s watch while on their way to Monaco in 1975 and Niki later gifted the same watch to his friend while on their return to Austria. Niki Lauda’s short ownership of a Rolex would make sense as the year prior, in 1974, Ferrari signed a contract with Heuer watches and video shows Niki arriving at Monaco in 1975 wearing his regular gold Heuer Carrera Ref.1158CHN, during this time he is only seen with this model Heuer and what appears to be a Cartier Tank. It isn’t unreasonable to consider Niki Lauda arriving at his Ferrari team pit proudly showing off his new purchase, and being informed, under no circumstances would he be allowed to wear a Rolex. Ferrari had commissioned from Heuer a special model prominently featuring their prancing horse logo, a steel digital Heuer ‘Chronosplit’ Ref.102.7032, this was a watch Niki would wear regularly until he left Ferrari in 1978. In 1979 while driving for Brabhams, who had no watch sponsorship, Niki returned to wearing a Rolex GMT Master, it appears, even while racing. Niki Lauder retired from racing after the 1979 season to start his Lauda Air commercial venture, however returning some years later. Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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19 ROLEX. A STAINLESS STEEL AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL DATE, REF. 15000, SERIAL NO.7076272. CIRCA 1983 Cal.3035 self-winding 27 jewel movement, silvered dial with applied faceted baton indexes, outer tritium dots, date aperture under magnifying lens, steel baton hands with tritium, centre seconds, steel case with screw-down reverse and Oyster crown, smooth bezel, on fitted stainless steel Rolex Oyster Ref.78350-19 bracelet with 557 endlinks and F (1981) folding clasp code. Case, dial and movement signed. Diameter 34mm, approx. bracelet diameter 172mm. Note: The tritium has aged to a particularly attractive, even colour without any loss.

£1,000-1,500

20 ROLEX. A STAINLESS STEEL AUTOMATIC WRISTWATCH WITH 24HR HAND OYSTER PERPETUAL EXPLORER II, REF.16570, SERIAL NO.M556878, MADE CIRCA 2007 Cal.3185 self-winding movement, white dial with luminous dot, triangle and baton indexes within black surrounds, date aperture under magnifying lens, sapphire crystal, black/luminous Mercedes hands, centre seconds, additional red 24hr hand, stainless steel case with screwdown reverse and Oyster crown, bezel calibrated to 24 hours, on fitted stainless steel Rolex Oyster bracelet with folding clasp. Case, dial and movement signed. Diameter 40mm.

£4,000-6,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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21 ROLEX. AN ICONIC AND WELLPRESERVED STAINLESS STEEL AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL SUBMARINER DATE, REF.16610, SERIAL NO. V154081, MADE CIRCA 2009 Cal.3135 self-winding 31 jewel movement, gloss black dial with luminous dot, triangle and baton indexes within white gold surrounds, date aperture under magnifying lens, sapphire crystal, white gold luminous Mercedes hands, centre seconds, stainless steel case with screw-down reverse and Oyster Triplock crown, on fitted stainless steel Rolex Oyster bracelet with flip-lock clasp. Case, dial and movement signed. Diameter 39mm, approx. bracelet diameter 180mm. Accompanied by a Submariner booklet and Rolex warranty card within wallet.

£8,000-12,000

Considered today neo-vintage transitional models, this era

both feature an engraved rehault and no holes in the case

of Ref.16610 were some of the last Submariners to use a

for springbars, representing the very last updates to the

metal bezel insert. With minor variations that go generally

16610 before it was replaced in 2010 by the 116610

unnoticed except for the true connoisseurs, these examples

featuring a ceramic bezel.

22 ROLEX. AN ICONIC AND WELLPRESERVED STAINLESS STEEL AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL SUBMARINER DATE, REF.16610, SERIAL NO.M720582, MADE CIRCA 2008 Cal.3135 self-winding 31 jewel movement, gloss black dial with luminous dot, triangle and baton indexes within white gold surrounds, date aperture under magnifying lens, sapphire crystal, white gold luminous Mercedes hands, centre seconds, stainless steel case with screw-down reverse and Oyster Triplock crown, on fitted stainless steel Rolex Oyster bracelet with flip-lock clasp. Case, dial and movement signed. Diameter 39mm, approx. bracelet diameter 185mm. Accompanied by a Rolex warranty card.

£8,000-12,000

Details Matter

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23 ROLEX. A RARE STAINLESS STEEL AUTOMATIC WRISTWATCH WITH HELIUM ESCAPE VALVE AND DATE OYSTER PERPETUAL SEADWELLER REF.126600, ‘FIRST-GENERATION’, MADE IN 2017 Cal.3235 self-winding movement, glass black dial with luminous dot, triangle and baton indexes within white gold surrounds, SEA-DWELLER in red, date aperture under magnifying lens, sapphire crystal, white gold luminous Mercedes hands, centre seconds, stainless steel case with screw-down reverse, screw-down Oyster Triplock crown, helium escape valve to the band, on fitted stainless steel Rolex Oyster bracelet with Oysterlock clasp featuring quick-adjustment Glidlock and extension. Case, dial and movement signed. Diameter 43mm, approx. bracelet diameter 200mm. Accompanied by a Rolex presentation case, relevant booklets and 2017 Rolex warranty card.

£9,000-11,000

Released in 2017 to celebrate the 50th anniversary of the

this, Rolex used a coronet between Swiss and Made to

Sea-Dweller model, the 126600 was the first reference to

indicate it had the updated movement. Noticing the 126600

be fitted with new Cal.3235 movement featuring 70 hour

no longer fitted in with this format, within a year, Rolex

power reserve among numerous upgrades. Importantly, it

updated the model to be similarly signed in keeping with the

was the first, and possibly only, anniversary model from

line-up featuring a coronet between Swiss and Made. Only

Rolex that gave a nod to the original by printing the SEA-

the first examples made in 2017 retained the simpler and

DWELLER in red, as per the exceptionally rare 1967 single-

more elegant SWISS MADE signature. Considering, when

red Sea Dweller models that exist. As the first of its kind,

collecting vintage examples, details matter, combined with

the dial used the standard SWISS MADE designation at the

the relative low production of the Sea Dweller model, it

bottom; however, as various models across the range were

can be assumed the first generation 126600 examples will

fitted with new 3235 movement as well, to differentiate

define themselves as a modern and rare collectable.

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Thank you to The Edinburgh Diving Centre for the kind use of their equipment.

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Mechanical Art Devices

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24 MB&F. A RARE AND UNUSUAL STAINLESS STEEL SEMI-SKELETONISED AUTOMATIC WRISTWATCH WITH LATERAL TIME DISPLAY M.A.D EDITION 1 ‘TRIBE EDITION’’ CASE NO.M0152334, MADE IN 2021 Myota 821A self-winding movement with three-blade rotor inset with luminescent, blue accents, time displayed via dual revolving bands to the centre, stainless steel circular case to grey leather strap with stainless steel MB&F double folding buckle. Case signed. Diameter 42mm. Accompanied by a fitted MB&F folding presentation case, UV light, QR code and portable felt case. Offered in as new, unworn condition. This model, created by Maximillian Busser, was the debut M.A.D 1 edition, named after his retail stores. Released as ‘The Tribe’ edition, it was only made available to existing collectors, or friends of the brand, and never made available publicly when released.

£4,000-6,000

MB&F (Maximilian Busser & Friends) was founded in 2005 with the aim of disrupting the traditional watch industry by bringing greater creativity, often with unconventional designs. The company ethos remains designing and crafting small series of radical concept watches by bringing talented watchmakers together. The M.A.D series is named after the retail gallery that specialise in Mechanical Art Devices.

25 MB&F. A RARE AND UNUSUAL STAINLESS STEEL SEMI-SKELETONISED AUTOMATIC WRISTWATCH WITH LATERAL TIME DISPLAY M.A.D EDITION 1 ‘RED’ NO.M0153469, MADE IN 2022 Myota 821A self-winding movement with three-blade rotor inset with luminescent, red accents, time displayed via dual revolving bands to the centre, stainless steel circular case to leather strap with stainless steel MB&F double folding buckle. Case signed. Diameter 42mm. Accompanied by a fitted MB&F folding presentation case, UV light, QR code and portable felt case. Offered in as new, unworn condition.

£3,000-5,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Legacy Machine 26 MB&F, JEAN-FRANCOIS MOJON & KARI VOUTILAINEN. A RARE AND VERY UNUSUAL 18K WHITE GOLD DUAL TIME-ZONE WRISTWATCH LEGACY MACHINE NO.1, NO.50W24834, ASSEMBLED IN DECEMBER 2011 Manually wound 23 jewel movement with vertical power reserve and suspended balance, dual white enamel dials with Roman numerals, blued steel hands, 18k white gold circular case with domed crystal, sapphire reverse secured by screws, with 18k white gold MB&F buckle. Case, dial and movement signed MB&F, movement additionally signed by collaborators JeanFrancois Mojon & Kari Voutilainen. Diameter 44mm. Accompanied by a futuristic MB&F presentation case and MB&F Minimilans specialedition collectable white character with head resembling the LM1 model.

£40,000-60,000

The Legacy Machine Number 1 made its debut in 2011 and

curtain, Max was all smiles as he unveiled his latest creation,

remains the only model to feature the signatures of such

the Legacy Machine No.1, what was so remarkable about

horological nobility as MB&F, Jean-Francois Mojon & Kari

our reaction was how ‘normal’ it looked, unlike his radical

Voutilainen.

and daring previous generations, this was a watch you could

Max Busser is famously creative and as you look at his watch creations prior to the Legacy Machine, you can see just how much of a step this model was. I know from personal experience as I attended the famous watch show previously held in April each year in Basel where manufacturers release their latest editions in 2011. Fate had me join my friend from

wear. Of course, this being Max, it was like anything else on the market and used a vertical power reserve indicator that rose as it was wound, heavily domed crystal and the balance hung over the dial, for him, it was a tribute to traditional 19th century watchmaking. It was a remarkable and striking creation, and still is.

New York, CEO of the popular watch website Hodinkee, Ben Clymer. Ben invited me to join him on his round of meetings and although I don’t recall who else we met with that day, our meeting with Max I recall vividly. Stepping behind the

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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26

27 PATEK PHILIPPE. A FINE AND DESIRABLE STAINLESS STEEL AUTOMATIC WRISTWATCH ON RUBBER STRAP AQUANAUT ‘JUMBO’ REF.5167A-001, NO.5844978/6037828, SOLD IN 2015 Cal.324 SC self-winding movement, graduated black grid pattern dial with numerals, outer luminous blocks, white minute track, date aperture, white gold luminous hands, centre seconds, stainless steel tonneau shape case with screw-down glazed reverse, screw-down crown, faceted bezel, on fitted Patek Philippe rubber strap with stainless steel Patek Philippe double folding, locking buckle. Case, dial and movement signed. Diameter 40mm. Accompanied by a Patek Philippe wooden presentation case, booklets and numbered Patek Philippe certificate of origin dated April 2015 within wallet.

£20,000-25,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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28 Y PATEK PHILIPPE. A LADIES ATTRACTIVE 18K WHITE GOLD QUARTZ WRISTWATCH CALATRAVA, REF.4906G, CASE NO.4109515, MOVEMENT NO.3155442, MADE CIRCA 2001 Quartz movement, white dial with black Roman numerals, black gold hands, date aperture, 18k white gold case with screw-down reverse, sapphire crystal, on pink Patek Philippe strap with 18k white gold Patek Philippe buckle. Diameter 28mm. Accompanied by a Patek Philippe presentation case, booklets and Patek Philippe certificate of origin dated April 2001 within wallet.

£3,000-5,000

29 JAEGER LECOULTRE. A LADIES STAINLESS STEEL AND GOLD REVERSIBLE QUARTZ BRACELET WATCH REVERSO, REF.261.5.08, SERIAL NO.1673184, MADE IN THE 1990S Quartz movement, white dial with applied numerals, inner concentric dial with 60 minute track, blued steel hands, stainless steel reversible case with polished reverse, applied gold shoulders, on fitted stainless steel and gold Jaeger LeCoultre bracelet with double folding clasp. Case, dial and movement signed. Dim. 19 x 33mm, approx. bracelet diameter 185mm.

£2,000-3,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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30 CARTIER. A STAINLESS STEEL QUARTZ CHRONOGRAPH WRISTWATCH WITH DATE MUST 21 CHRONOSCAPH, REF.2424, SERIAL NO.127169PL, MADE CIRCA 2000 Quartz movement, black dial with repeated logo, subsidiary dials for running seconds, 30 minute and 12 hour registers, steel luminous hands, date aperture, stainless steel case Roman numerals to the bezel, cabochon-set crown, on stainless steel Cartier bracelet with deployant buckle. Case, dial and movement signed. Diameter 38mm.

£500-700

31 ROLEX. A LADIES STAINLESS STEEL AND GOLD AUTOMATIC WRISTWATCH OYSTER PERPETUAL, REF.67193, SERIAL NO.L590467, MADE CIRCA 1989 Cal.2130 self-winding movement, champagne dial with applied baton indexes, outer tritium dots, baton hands, centre seconds, sapphire crystal, stainless steel case with screw-down reverse and Oyster crown, fluted gold bezel, on fitted stainless steel and gold Rolex Jubilee bracelet with folding clasp. Case, dial and movement signed. Diameter 24mm, approx. bracelet diameter 167mm.

£1,500-2,500

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32 ROLEX. A LADIES STAINLESS STEEL AND WHITE GOLD SELF-WINDING WRISTWATCH WITH DATE OYSTER PERPETUAL DATEJUST REF.69174, SERIAL NO.W752005, MADE CIRCA 2009 Cal.2135 automatic movement, salmon coloured dial with applied Roman numerals, outer luminescent dots, date aperture under magnifying lens, baton hands, centre seconds, stainless steel Oyster case with screw-down reverse and crown, white gold fluted bezel, sapphire crystal, on fitted stainless steel Rolex Jubilee bracelet. Diameter 26mm, approx. bracelet diameter 152mm. Accompanied by a green presentation case.

£1,500-2,500

33 ROLEX. AN 18K GOLD LADIES AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL DATEJUST, REF.6917, CASE NO.7318844, MADE CIRCA 1983 Cal.2030 self-winding movement, champagne dial with applied baton indexes, date aperture under magnifying lens, baton hands, centre seconds, 18k yellow gold case with screw-down reverse and Oyster crown, fluted gold bezel, on fitted 19k yellow gold Rolex President bracelet. Case, dial and movement signed. Diameter 26mm. Accompanied by a green presentation case and additional gold and diamond bezel.

£3,000-5,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

31

34 LONGINES. A LADIES 18K GOLD QUARTZ BRACELET WATCH EVIDENZA, REF.L2 155 6, SERIAL NO.32487149, MADE IN THE 1990S Quartz movement, textured silvered dial with black Roman numerals, date aperture, blackened leaf hands, centre seconds, 18k gold tonneau shape case with reverse secured by screws, on fitted 18k gold Longines bracelet with double folding buckle. Case, dial and movement signed. Width 25mm, approx. bracelet diameter 152mm.

£3,000-5,000

35 TAG HEUER. A LADIES STAINLESS STEEL AND DIAMOND AUTOMATIC WRISTWATCH WITH DATE CARRARA DATE, REF.WBN2414.BA0621, SERIAL NO.BET6785, CIRCA 2023 Calibre 9 self-winding movement, mother-of-pearl dial with diamond indexes, date aperture, luminous steel hands, centre seconds, tonneau shape case with sculpted shoulders, glazed screw-down reverse, on stainless steel Tag Heuer bracelet with locking clasp. Diameter 29mm, approx. bracelet diameter 163mm. Accompanied by a Tag Heuer presentation case, spare link, instruction booklet, warranty card and certificate

£1,500-2,500

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36 CARTIER. AN ATTRACTIVE 18K ROSE GOLD AND DIAMOND-SET QUARTZ WRISTWATCH TANK FRANCAISE, REF.2793, SERIAL NO.318815CE, MADE CIRCA 2010 Quartz movement, silvered dial with black Roman numerals, blued steel hands, rectangular 18k rose gold case with diamond-set shoulders, diamond-set crown, with 18k rose gold Cartier deployant buckle. Dim. 20 x 25mm.

£3,000-5,000

37 AUDEMARS PIGUET. AN IMPRESSIVE LADIES 18K PINK GOLD AND DIAMOND AUTOMATIC CHRONOGRAPH WRISTWATCH ROYAL OAK OFFSHORE LADY CHRONOGRAPH, SERIAL NO. G623750756, MADE CIRCA 2008 Cal.2385 self-winding movement, silvered grid-pattern dial, diamond indexes with outer luminous blocks, subsidiary mother-of-pearl dials for running seconds, 30 minute and 12 hour chronograph registers, date aperture, pink gold luminous baton hands, centre chronograph seconds, substantial 18k pink gold case with reverse secured by screws, screw-down white rubberised crown, rubberised chronograph buttons, white rubber, pink gold and diamond-set, on white Audemars Piguet strap with 18k pink gold Audemars Piguet folding buckle. Case, dial and movement signed. Diameter 37mm.

£3,000-5,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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38 Y FRANCK MULLER. AN 18K WHITE GOLD AUTOMATIC SQUARE WRISTWATCH ’RELIEF’ REF.6000 H SC DT ‘MASTER SQUARE’, NO.165, MADE CIRCA 2007 Automatic movement, two-tone wave pattern square dial with white minute track, exploding Roman numerals, date aperture, blued steel leaf hands, centre seconds, 18k white gold curved square case. Case, dial and movement signed. On white Franck Muller strap with 18k white gold Franck Muller buckle. Case only, 35 x 35mm. Accompanied by an impressive black alligator Franck Muller presentation case, certificate of origin dated 11-07-2007 from Harrods, London, within a matching Franck Muller black alligator wallet, two spare Franck Muller straps.

£1,000-2,000

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39 Y BACKES & STRAUSS, LONDON. A FINE & RARE 18K PINK GOLD AND DIAMOND AUTOMATIC WRISTWATCH ’REGENT’ 3643 MODEL, REF.RE.36434.MA./D.2R, NO.003, MADE CIRCA 2011 Self-winding movement, brown dial with plain inner, white minute track, textured outer to applied rose Roman numerals, luminous rose hands, centre seconds, substantial 18k pink oval case with curved reverse secured by 4 screws, diamond-set crown, diamond-set upper shoulders and two-row diamond-set bezel, on brown strap with 18k pink gold and diamond-set buckle. With black Backes & Strauss presentation box, certificate of origin dated 14-4-2011 and letter dated 2020 confirming buckle replacement. Width 38mm, total length 48mm, total approx. weight 120g. Note: Officially registered in London in 1878, Backes & Strauss specialised in diamonds, they started producing watches in 2007 by collaborating with Franck Muller to manufacture the cases. The current UK retail price for this model is £38,500.

£6,000-8,000

40 CHOPARD. A LADIES 18K GOLD AND DIAMOND-SET QUARTZ BRACELET WATCH HAPPY DIAMONDS, REF.4097, CASE NO.306322, MADE IN THE 1990S Reverse-set quartz movement, champagne dial with baton hands within glass outer, circular case with dual diamond-set bezels and shoulders, ‘floating’ diamonds within collets set within glass void, 18k yellow gold bracelet to clasp with safety chain. Case, dial and clasp signed. Diameter 24mm, approx. bracelet diameter 155mm. Accompanied by a Chopard setting tool with with blank Chopard sales tag, Chopard blue pouch and Chopard service receipt dated 2022

£1,500-2,500

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

35

41 Y CHOPARD. A FINE LIMITED-EDITION 18K GOLD TONNEAU-SHAPE AUTOMATIC WRISTWATCH WITH DATE L.U.C TONNEAU. REF.16/2267, EDITION NO.0220/1860, SERIAL NO.960856, MADE CIRCA 2002 Cal.3.97 self-winding 29 jewel movement, silvered dial with applied dagger indexes, central guilloche pattern, subsidiary seconds, date aperture, dagger hands, substantial tonneau shape 18k yellow gold case with glazed reverse secured by screws, stepped bezel. On blue strap with 18k gold Chopard buckle. Case, dial and movement signed. Width 40mm. Accompanied by a Chopard presentation case, instructions and blank chronometer certificate

£2,000-3,000

42 Y CHOPARD. AN ELEGANT 18K GOLD AUTOMATIC TONNEAU-SHAPE WRISTWATCH WITH DATE AND POWER RESERVE L.U.C POWER RESERVE. REF.16/2248, SERIAL NO.387055, MADE CIRCA 2001 Cal.9644 self-winding movement, silvered dial with black Roman numerals, central pattern, subsidiary dials for seconds, date and 45 hour power reserve, gilt indicator hands, blued steel Breguet hands, 18k yellow gold tonneau shape case with reverse secured by screws, cabochon-set crown. On black Chopard strap with 18k gold buckle. Case, dial and movement signed. Width 37mm. Accompanied by a Chopard presentation case, spare dial/hands and Chopard certificate of origin dated January 2001.

£2,000-3,000

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43 Y CORUM. AN UNUSUAL 18K GOLD MECHANICAL COIN WATCH MEXICAN 50 PESOS 1821-1929, REF.8717/58, MOVEMENT NO.78456, WITH LONDON 18K IMPORT STAMP FOR 1970 Hand-wound 18 jewel movement, Mexican coin dial featuring Estados Unidos Mexicanos title with Mexican coat-of-arms of an Eagle with a snake in its beak, blued steel baton hands, 18k gold circular case with minute track to bezel, engraved band reading Independencia Y Libertad, matching coin reverse with 50 Pesos, 1821 -1929 37.5Gr oro puro and the Angel of Independence, cabochon set crown. Case, dial and movement signed, case also stamped with British importer S&S. On a black Corum strap with gold-plated Corum buckle. Diameter 37mm.

£2,500-3,500

44 ROLEX. A STAINLESS STEEL SELFWINDING WRISTWATCH OYSTER PERPETUAL ‘BUBBLEBACK’ REF.5050, SERIAL NO.659741, CIRCA 1949 Automatic movement, silvered dial with alternate numerals and indexes, index hands, centre seconds, stainless steel Oyster case with screw-down reverse and Oyster crown, smooth bezel. Case, dial and movement signed. With stainless steel Rolex buckle. Diameter 32mm, thickness 13mm.

£1,000-1,500

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

37

45 ROLEX. A FINE STAINLESS STEEL AND WHITE GOLD AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL DATEJUST REF.126334, SERIAL NO.770085V1, MADE CIRCA 2020 Cal.3235, self-winding 31 jewel movement, matt white dial with applied luminous baton indexes, date aperture under magnifying lens, luminous baton hands, centre seconds, sapphire crystal, stainless steel Oyster case with screw-down reverse and Twinlock crown, white gold fluted bezel, on fitted stainless steel Ref.72610 Rolex bracelet with folding Oysterclasp and comfort link extension. Case, dial and movement signed. Diameter 41mm, approx. inner bracelet diameter 185mm. Accompanied by a Rolex presentation box with card outer, hologram tag, numbered sales tag, booklets, Rolex wallet and numbered Rolex warranty card dated December 25, 2020.

£6,000-9,000 Launched at Baselworld in 2017, the Rolex Calibre 3235 movement, composed of 201 parts, featured 14 patents with upgrades including a 70 hour power reserve and enhanced resistance to magnetism.

Iconic & Well Preserved

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46 ROLEX. A VERY WELL PRESERVED 18K YELLOW GOLD AUTOMATIC WRISTWATCH WITH DAY AND DATE OYSTER PERPETUAL DAY DATE REF.18238, SERIAL NO.L606928, MADE CIRCA 1989 Cal.3155 self-winding 31 jewel movement, matt white dial with applied yellow gold Roman numerals, outer minute track, with tritium dots, aperture for date under magnifying lens, sapphire crystal, yellow gold and tritium baton hands, centre seconds, 18k yellow gold case with screw-down case back and Oyster crown, fluted bezel, on fitted 18k yellow gold Rolex President Ref.8385 bracelet with concealed folding clasp. Case, dial and movement signed. Diameter 36mm, approx. bracelet diameter 190mm. Note: Offered in overall excellent, potentially unpolished, condition and retaining its original case sticker to reverse with reference still visible. The case stamps remain very clear and the bracelet with virtually no wear.

£10,000-15,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

40

47 ROLEX. A RARE AND VERY ATTRACTIVE 18K ROSE GOLD AUTOMATIC DAY-DATE WRISTWATCH WITH DIAMOND-SET DIAL OYSTER PERPETUAL DAY-DATE, REF.228235, SERIAL NO.333JA449, MADE CIRCA 2023 Cal.3255 self-winding movement, sunray finish chocolate coloured dial set with 10 baguette-cut diamonds to the indexes, 18k ‘Everose’ gold case with screw-down reverse and Twinlock Oyster crown, fluted bezel, on fitted 18k ‘Everose’ gold Rolex Oyster President bracelet with concealed locking Crownclasp. Dial, case and movement signed. Diameter 40mm, approx. bracelet diameter 190mm. Offered as watch only, this lot is offered in virtually as new, unpolished condition and retains its original Rolex numbered sales tag and chronometer seal.

£10,000-15,000

Introduced in 2005, Rolex created and patented, within its

in precious metals, notable updates included a quick-set

own foundry, the exclusive 18k ‘Everose’ gold used.

day introduced in 1978 with reference 18038 featuring a

First released in 1956 as the reference 6611, the iconic Rolex Day-Date has become synonymous with the brand and used in numerous advertisements and publications, when the Ref.1803 was described as ‘The President’, due to its popularity with US Presidents Dwight D. Eisenhower, John F. Kennedy and Lyndon B. Johnson. Only produced

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sapphire crystal, then double quick-set day and date in 1988 with reference 18238. The 41mm Day Date II version was released in 2008, then updated again in 2016 to the 40mm diameter Ref.228238. The model was updated in 2019 with the latest calibre 3255 movement as found in this lot. Of note, Day Date references ending in 8 are designated yellow gold, 9 are white gold and 5 are rose gold.

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48 SWISS. AN 18K GOLD HALF-HUNTING CASED POCKET WATCH WITH CHRONOGRAPH CASE NO.42723, STAMPED LW, MADE CIRCA 1900 key or keyless winding gilt three-quarter plate movement, white enamel dial with Roman numerals, subsidiary dials for running seconds 30 minute chronograph register, 18k gold half-hunting case with enamelled Roman numerals to the outer, monogrammed reverse, chronograph button to the band. Plain cuvette. Diameter 53mm.

£1,000-1,500

49 SWISS. AN 18K GOLD HUNTING CASED MINUTE REPEATING POCKET WATCH WITH CHAIN CASE NO. 47567, MADE CIRCA 1900 Keyless winding three-quarter plate movement jewelled to the centre with screwed chatons, white enamel dial, black Roman numerals, subsidiary seconds dial, blued steel hands, hinged 18k gold case with monogrammed cover. Case numbered. Accompanied by a gold coloured chain and gilt fob. Diameter 52mm.

£2,000-3,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

43

50 CHARLES FRODSHAM. AN 18K GOLD HUNTING CASED MINUTE REPEATING POCKET WATCH NO.21645, MADE CIRCA 1920 Keyless winding rhodium plated movement with wolf’s tooth winding wheels, overcoil hairspring and micro-adjustment, white enamel dial with black Roman numerals, subsidiary seconds, blued steel hands, hinged 18k gold hunting case with leopard crest to the cover, signed and numbered cuvette. Diameter 48mm. Accompanied by a signed fitted red presentation case and 18k gold and platinum thin chain with T bar stamped WHW Ld.

£2,000-3,000

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51 BORDIER, GENÈVE. AN UNUSUAL PIERCED SILVER PAIR-CASED KEY-WIND QUARTER REPEATING POCKET WATCH RETAILED BY KALTENBR, PRAGUE, NO. 13180, CIRCA 1730 Pierced and engraved Continental balance cock, plain steel threearm balance, fusée barrel, verge escapement, plain turned pillars, repeating on a steel bell via two hammers activated by the pendant, silver engraved dial with black Roman numerals, outer five minutes, dial signed by retailer Kaltenbr, beetle and poker hands, pierced and engraved inner silver case with pieced repousée outer featuring a dog, fox and rabbit to the bezel, multiple portraits to a central garden scene with the Goddess Venus and her Cherub Cupid to reverse. Diameter 45mm.

£1,000-2,000

52 LÉPINE, PARIS. A FINE AND RARE GOLD KEY-WIND POCKET WATCH WITH QUARTER STRIKE AND DUMB REPEATER JEAN-ANTOINE LÉPINE, MADE CIRCA 1765 Pierced and engraved Continental balance cock, steel plain threearm balance, fusée going barrel, verge escapement, plain turned pillars, repeat activated via pendant to a bell, white enamel dial with Roman numerals, outer five minutes, silver Louis XV style gem-set hands, hinged multi-coloured gold case with stone-set bezel, discreetly pierced to the outer, applied decorative gemsetting to reverse with central enamel cherubs under glass. Strike/ Silver lever to the bezel. Movement signed, case stamped T.F. Diameter 40mm. Note: The strike/silent lever changes the pitch of the repeater from a classic bell via hammer to a muted ‘a toc’ dumb repeater.

£1,000-2,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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53 LÉPINE, PARIS. A FINE 18K GOLD QUARTER REPEATING KEY-WIND JUMP-SECONDS POCKET WATCH NO.5342, MADE CIRCA 1830 English lever escapement, blued steel overcoil hairspring, cut and compensated balance, key-wind movement striking via polished steel hammers to curved gongs, white enamel dial with Roman numerals, outer minutes, blued steel hands with central jump-seconds hand, polished hinged yellow gold case with coin-edge band with repeat slide, signed to the cuvette, case with French gold stamp numbered 4136 & 6365. Accompanied by a wooden presentation case, spare mainspring and gold T-bar with modern key. Diameter 48mm.

£1,000-2,000

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54 E. HOWARD & CO, BOSTON. A FINE AND UNUSUAL 14K GOLD DECORATIVE HUNTING CASED KEYLESS-WIND POCKET WATCH MOVEMENT NO.202423, CASE NO.1015494, MADE CIRCA 1883 English style three quarter plate ‘N’ movement, white enamel dial with Roman numerals, outer minutes, subsidiary seconds, blued steel hands, 17k gold ‘DUEBER’ case finely decorated with central star and blank cartouche. Dial and movement signed. Diameter 54mm.

£3,000-5,000

The watchmaking division of the E. Howard Watch & Clock Company, which signed its watches “E. Howard & Co.,” reportedly produced approximately 108,000 watch movements between 1858 and 1903. The watches are today regarded as some of the finest made in America.

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Number 5,000,000 55 AMERICAN WALTHAM WATCH CO. A HISTORICALLY INTERESTING 18K GOLD OPEN FACE POCKET WATCH MOVEMENT NO. 5000000, PRESENTED TO THE COMPANY OWNER, ROYAL G. ROBINS IN MARCH 1891 Heavily decorated keyless wind movement jewelled to the centre with screwed chatons, overcoil hairspring, fine adjustment, white enamel dial with Roman numerals, subsidiary seconds, 18k gold Waltham hinged case with cuvette engraved ‘Presented to Royal G. Robins by the Foremen in the employ of The Amn Waltham Watch Co, March 1891’. Case, dial and movement signed. With short gold-coloured chain and bar. Diameter 49mm. Accompanied by a book ‘Timing a Century, History of the Waltham Watch Company by Charles W.Moore’ dated 1945 and relevant letters dated 1946 between Reginald C. Robins and Charles Moore regarding comments made on the Robins family by Mr Moore.

£700-900

Royal G. Robins was a successful New York watch importer who purchased the Waltham factory assets in 1857 and, with his brother and Daniel F. Appleton, owned and expanded Waltham, renaming it The American Waltham Watch Company in 1885. Royal G. Robins & Co, passed on ownership to their sons, who apparently liquidated their stock circa 1909.

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48

56 CARTIER. A VERY RARE BLOODSTONE AND 18K GOLD EIGHT-DAY MECHANICAL DESK CLOCK NO.02363, MADE IN THE EARLY 1970S Hand-wound eight day movement, silvered guilloche dial with black numerals and larger quarts numerals, gilt index hands, substantial bloodstone base with applied gold decoration, raised 18k gold bezel with triangular markers, French assay stamp, diamond shape makers mark indistinguishable, screwed to gilt case with winding, setting and regulation via the reverse. Dial signed, case numbered. Diameter 120mm.

£3,000-5,000

Lots 56 and 57 are previously the property of Angela Danziger, wife of Harry Danziger, who with his brother controlled a significant portion of the Cartier empire during the early 1970s and introduced the world to ‘Les Must de Cartier’.

57 LES MUST DE CARTIER. A GOLD PLATED QUARTZ FOLDING TRAVEL ALARM CLOCK WITH STRUT-COVER SANTOS, SERIAL NO. 355108167, MADE IN THE 1970S Quartz movement, white dial, blued steel hands with silvered alarm indicator, square gilt case with black Roman numerals and minute track, cabochon-set crown, blue lacquer central shoulders with bullet ends with hinged strut-cover. The alarm activated/deactivated via the crown. Case only, 50 x 50mm.

£500-700

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Cartier: Property of a Noblewoman

58 CARTIER. A RARE BRASS, LACQUER AND AGATE DESK CLOCK NO.8299.2023, MADE IN THE 1950S In the Japanese style. Mechanical movement with winding and setting to the reverse, two-tone silvered and gilt dial with central sunray pattern, black Roman numerals, gilt hands, gilt brass case within square form carved agate border mounted on black lacquered base with aventurine quartz sugarloaf highlights. Dial signed, case numbered. Height 105mm, base approx. 100mm wide x 30mm. Property of a noblewoman, to the best of our knowledge, this is the first time this clock has been offered publicly for sale.

£3,000-5,000

49

50

Cartier’s contact with Russia began with Pierre

in this style are not as well documented but

Cartier’s visit to Moscow and St Petersburg

include jewellery, objects de art, clocks and

in 1904-5. The opulence of taste in Imperial

lapidary works. They even employed the same

Russia meant that the environment was ripe

suppliers and workshops as Fabergé. Their

for French jewellers. Cartier’s Parisian rivals

enamelwork was created using the same

Boucheron opened in Moscow in 1897 to

techniques. The bright canary yellow of this

much acclaim. Cartier never opened a physical

clock was created by applying layer after layer

permanent store there but hosted exhibitions

of enamel over a fine engine turned based.

twice a year from 1908-1914.

For over a decade, Fabergé and Cartier

Russia’s premier jeweller Fabergé influenced

were rivals of sorts with clients shopping

global styles to the extent that Cartier started

indiscriminately between the two. However

to produce works in what is now referred to

when Fabergé closed their London store in

as the “Russian Style” in 1906. Their creations

1917 clients transferred over to Cartier.

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Cartier: Property of a Noblewoman

59 CARTIER. AN EXQUISITE SILVER, ENAMEL, AGATE AND DIAMOND MIGNONNETTE CLOCK FRENCH, NO.99458. MADE CIRCA 1910 Key-wind mechanical movement, white enamel dial with fancy numerals, outer minute track, diamond-set hands, translucent canary yellow enamel over silver radial guilloché case with white enamel border with sliding key holes to reverse, star-set rose-cut diamonds to the sides, platinum diamond-set bezel, on an agate base with moulded edges. Dial signed, case and movement numbered, French maker’s mark and partially struck assay mark. Approx. 60mm high, base 44mm wide x 39mm deep. Property of a noblewoman, to the best of our knowledge, this is the first time this clock has been offered publicly for sale. Note: A very similar Mignonnette clock in pink enamel is illustrated and described on page 83 in the book ‘The Cartier Collection’ - Timepieces, published by Flammarion.

£8,000-12,000

51

52

60 Y CARTIER. A FINE MID-SIZE 18K WHITE GOLD RECTANGULAR AUTOMATIC WRISTWATCH WITH DATE TANK AMERICAINE, REF.2490, SERIAL NO.566715CE, MADE CIRCA 2000 Self-winding mechanical movement, guilloché silvered dial with black Roman numerals, inner minute track, date aperture, 18k white gold rectangular case with reverse secured by screws, cabochon-set winding crown, on black strap with 18k white gold Cartier buckle. Case, dial and movement signed. Dim. 23 x 42mm.

£2,500-3,500

61 Y CARTIER. AN ATTRACTIVE 18K WHITE GOLD AND DIAMOND-SET AUTOMATIC WRISTWATCH WITH DATE PASHA, REF.2528, SERIAL NO.907214MG, MADE IN 2004 Self-winding mechanical 26 jewel movement, two-tone silvered dial with guilloché pattern, square minute track, alternate numerals and diamond indexes, white gold leaf hands, centre seconds, date aperture, 18k white gold circular case with glazed reverse secured with screws, diamond-set screw-down crown guard, on black Cartier strap with 18k white gold Cartier buckle. Case, dial and movement signed. Diameter 32mm. Accompanied by a Cartier service pouch with spare strap, Cartier presentation case, booklet, stamped warranty dated 2004 and Cartier London insurance valuation dated 2011.

£2,000-3,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

The Rarest Rolex 62 ROLEX. AN EXCEPTIONALLY RARE AND HISTORICALLY IMPORTANT WRISTWATCH, ‘KEW A’ CERTIFIED OYSTER SPEEDKING, ‘KEW A CERTIFICATE’, REF.5056, SERIAL NO.629380, MOVEMENT NO.4180, MADE CIRCA 1948 Manual-winding movement with cut and compensated Guillaume balance jewelled to the centre, signed ‘Kew A Tested’ and numbered 4180, silvered dial with black numerals, outer minutes, subsidiary seconds dial, additionally signed “Kew A” Certificate, blued steel baton hands, stainless steel case with screw-down reverse and Oyster crown, smooth bezel. Case, dial and movement signed. Diameter 30mm. Originally the property of a prominent Scottish Gentlemen, thence by descent.

£7,000-9,000

The watches Rolex submitted for testing at Kew are considered some of the rarest examples from the brand. As each watch supplied was numbered, we know that only 136 successfully passed and were awarded the coveted ‘Kew A’ Certificate. Rolex has always pioneered for accuracy and those watches that passed were used in advertising this achievement. Significant effort was put into the watches supplied for testing, using a 10 ½ ligne 700 base calibre the balance bridge and escapement were modified to increase accuracy, these were renamed the calibre 720. The’ Kew A’ Certificate Rolex watches are often referred to in literature as ‘the rarest Rolex’

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63 ROLEX. A STAINLESS STEEL AUTOMATIC WRISTWATCH WITH DATE OYSTER PERPETUAL DATE, REF.15200, SERIAL NO.E864393, MADE CIRCA 1990 Cal. 3135 self-winding movement, silvered dial with applied baton indexes, outer tritium dots, date aperture under magnifying lens, stainless steel case with screwdown reverse and Oyster crown, on fitted stainless steel Ref.78350/19 bracelet with 5517B endlinks, folding clasp with code 012. Case, dial and movement signed. Diameter 34mm.

£2,500-3,500

64 ROLEX. A FINE STAINLESS STEEL SELF-WINDING WRISTWATCH WITH DATE OYSTER PERPETUAL DATEJUST, REF.16030, SERIAL NO.8191573, MADE CIRCA 1984 Cal.3035 automatic movement, silvered dial with applied faceted steel and black baton markers, outer tritium dots, date aperture under magnifying lens, steel tritium hands, centre seconds, Oyster case with screw-down reverse and Oyster crown, engineturned bezel, on stainless steel Rolex Ref.62610H Jubilee bracelet with F date code to folding clasp, Ref. 555 endlinks. Case, dial and movement signed. Diameter 36mm, approx. bracelet size 180mm.

£2,500-3,500

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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65 CARTIER. A STAINLESS STEEL AUTOMATIC BRACELET WATCH WITH DATE SANTOS, SERIAL NO.296028217, MADE IN THE 1990S Self-winding movement, white dial with black Roman numerals, inner minute track, date aperture, blued steel hands, centre seconds, stainless steel case, cabochon-set crown, square bezel secured by screws, on Cartier stainless steel bracelet with double folding clasp. Case, dial and movement signed. Width 29mm. With Cartier presentation case and 2003 Cartier service receipt.

£1,000-2,000

66 Y IWC. A FINE STAINLESS STEEL AUTOMATIC WRISTWATCH WITH DATE SPITFIRE MARK XVI, REF.IW325501, CASE NO.4793508, MADE CIRCA 2008 Cal.30110, self-winding 21 jewel movement, matt black dial with white numerals and luminous baton quarters, date aperture, luminous hands, centre seconds, stainless steel case with screwdown reverse and IWC crown, on black strap with steel IWC buckle. Case, dial and movement signed. Diameter 39mm. Accompanied by an IWC presentation case, instructions and Athens IWC boutique guarantee card dated 11-07-2008.

£1,200-1,700

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Military-Issued Watches Prior to the First World War, pocket watches were very much the

During the Second World War, all the world’s nations provided

personal timekeeper of the day, and no self-respecting gentleman

watches to their air forces, armies, and navies, with individual

would be seen out with a new-fangled wristlet watch dangling from

designs suited to the requirements of the wearer.

under his shirt cuff.

Functional wrist watch chronographs were widely used by pilots

But the rude realities of warfare quickly resulted in soldiers in the

and aircrews, heavy duty reliable time-only watches for soldiers, and

trenches strapping smaller ladies’ fob watches to their wrists with

over-sized water-proof highly-luminous watches for navy frogmen.

boot laces and thin leather straps, rather than struggling to find a

Hamilton, Hanhart, Omega, Jaeger LeCoultre, I.W.C. and Panerai are

pocket watch in thick, damp, muddy army uniform.

names we are familiar with now that can trace their roots back to

Through necessity, many of these watches were quickly fitted with

issued watches.

improvised mesh guards over the crystal to protect the fragile

Unsurprisingly, the importance of military issued watches is

enamel dial beneath, and these watches soon earned the nickname

recognised in many other fields, and watches are supplied to the

of trench watches.

emergency services, firefighters, law enforcement agencies, and

Realising that the pocket watches they supplied to their armed

even for commemorative purposes.

forces had become obsolete, governments started investigating

This has spurned an immense interest amongst collectors to acquire

more practical and reliable timepieces to equip their personnel. By

watches previously “un-purchasable” at retail.

the start of the Second World War, wrist watches had long been the

Perhaps the winner must be the “Milsub” - the Royal Navy divers’

accepted standard for both men and women.

issued Rolex Submariner from the 1970’s. None of those issued with

The British Ministry of Defence came up with design criteria for

such a watch would ever have imagined their tool watches would

the wristwatches it would issue to its fighting forces. Practical

frequently command six figure sums at auction half a century later.

considerations of reliability, legibility, shock- and water-resistance

Time to dig out grandad’s old tin of treasures and see if he has an old

spurred the watchmaking industry into a production frenzy, and twelve Swiss manufacturers won contracts to deliver the British Ministry of Defence large quantities of wristwatches to be issued to the military. The so-called “Dirty Dozen” of twelve Swiss branded watches all shared the same characteristics: a highly-legible black metal dial with luminous Arabic numerals and small seconds dial, luminous hands, sealed unbreakable crystal, circular metal water-resistant case with fixed strap retaining bars, and casebacks with engraved issued military codes. Hundreds of thousands of these Watch, Wrist, Waterproof (W.W.W.) were supplied, and the issued watch was firmly entrenched in horological history.

black-faced wristwatch with the MOD “crow’s foot” engraved on the back… Mike Wood Military issued watch specialist

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67 HAMILTON, GENÈVE. A BRITISH RAF MILITARY ISSUED STAINLESS STEEL MECHANICAL WRISTWATCH ISSUE NO. 6BB/5238290 / 1728/74, MADE IN 1974 Hand-wound movement, matt black dial with white numerals, outer minute track with tritium dot and baton markers, broad arrow insignia, tritium designation, white tritium hands, centre seconds, tonneau shape stainless steel case with solid strap bars, reverse stamped with military broad arrow, 6bb/523290, 1728/74. On ‘James Bond - Goldfinger’ coloured NATO style strap. Width 36mm.

£300-500

68 AN UNUSUAL BRITISH ROYAL AIR FORCE ISSUED STAINLESS STEEL MECHANICAL WRISTWATCH 6BB-6645, 99-5238290, ISSUE 147/76, MADE IN 1976 Hand-wound mechanical movement, matt black unsigned dial with broad arrow insignia, tritium designation, one-piece stainless steel tonneau shape case with numbered reverse, solid strap bars, on green NATO style strap. Unsigned, numbered. DIm. 36 x 41mm. Note: According to research, these unsigned military issued watches, manufactured in the same manner as the earlier CWC and later Hamilton tonneau-shape examples, were only issued in 1976 to the RAF. Military watches featuring the 6BB-6645-99-523-8290 code were issued to the Royal Air Force; 0552/523-8290 code were issued to the Royal Navy and W10-6645-99-523-8290 the British Army. Source, British Military Watches by Konrad Knirim.

£500-700

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

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69 OMEGA. AN UNUSUAL BRITISH MILITARY RAF ISSUED STAINLESS STEEL MECHANICAL WRISTWATCH OMEGA ‘53TA’ (THIN ARROW) REF.2777-1, ISSUE NUMBER 3897, MADE CIRCA 1953 Cal.283 hand-wound 17 jewel movement, matt black dial with luminescent numerals, outer minute track, broad arrow insignia, skeleton hands with partial luminescent, centre seconds, stainless steel case with screw-down reverse engraved with broad arrow, 6645 101000, 6B/542, 3897/53, sold strap bars. Case, dial and movement signed. Diameter 37mm. Note: This model was only issued in 1953 and known by collectors as the ‘53TA’, referring to the use of a thin broad arrow on the dial, or ‘53FA’ for the use of a fat arrow. The original radium dials were printed with thin board arrows, but at the request of the British Government, batches of these were returned to Omega to be reprinted with tritium luminescent, the new dials featuring a significantly more prominent ‘fat arrow’.

£1,500-2,500

70 IWC. A RARE BRITISH MILITARY ISSUED STAINLESS STEEL MECHANICAL WRISTWATCH MK11, NO. 6B/346, ISSUE 1689/52, MADE CIRCA 1952 Cal.89 hand-wound movement under anti-magnetic cover, matt black dial with white numerals and tritium quarters, broad arrow insignia and tritium indicator, steel/tritium hands, centre seconds, stainless steel case with screw-down reverse engraved with broad arrow, 6B/348, 1689/52, solid strap bars, faceted bezel. Case, dial and movement signed. Diameter 36mm.

£4,000-6,000

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

Above Lot 70

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The Rolex Military Submariner, or ‘MilSub’ as it is known,

configuration. We often see situations where case backs

were examples ordered in several batches by the British

were swapped with another MilSub so the serial numbers do

Ministry of Defence (MOD) between 1972 and 1979 for

not match, or, commonly, as the MilSub was once regarded

use by the Special Boat Service (SBS) and Special Air Service

as lesser than a regular 5513, where the caseback engraving

(SAS). The MOD requested modifications that matched the

has been polished off and solid strap bars removed so

unusual working conditions they would be subjected to.

a bracelet can be fitted. Considered by some collectors,

Based on a regular Ref.5513, the movement had hacking

including myself, as the ultimate vintage watch, a MilSub can

seconds (unlike a regular 5513, the seconds stop when you

worn daily and rarely attract attention, except for the few

pull the crown out) oversized sword hands and seconds with

that really know watches. Finding examples from the family

larger luminous, dials printed with an encircled T to show

of a military diver that have a story attached to them are a

use of tritium luminescent, bezels with minute indicators the

rarity today.

full 60 instead of just 15, a satin finished case, fixed strap bars and an engraved reverse with military designation and issue details, additionally, the serial number was repeated inside the case back. Due to the nature of their use, today, relatively few examples remain in their original ‘full spec’

Other fees apply in addition to the hammer price: see the ‘Buyer’s Guide’ section on page 2

The numbers on the reverse of the British Navy ordered examples use 0552 to indicate Royal Navy and 923-7697 as this is the NATO code for a divers watch, a version of the Broad Arrow insignia and issue number/ year of issue.

MilSub

71 ROLEX. A VERY RARE BRITISH MILITARY ISSUED STAINLESS STEEL AUTOMATIC WRISTWATCH OYSTER PERPETUAL SUBMARINER ‘MILSUB’ REF.5513, SERIAL NO.3764794, ISSUE NO.148/74, MADE CIRCA 1974 Cal.1520 self-winding movement with hacking seconds, matt black dial with tritium luminescent dot, triangle and baton indexes, tritium indication, steel Mercedes luminescent hands, centre seconds, stainless steel case with screw-down reverse engraved 0552/923-7697, 148/74, numbered to the inside 3764757, screw-down Oyster Triplock crown, bezel missing. Case, dial and movement signed. On grey fabric NATO strap with metal diving helmet adornment. Diameter 39mm. Accompanied by a signed letter from the son of the original owner detailing his father’s time in the British Navy on the HMS Hermes, HMS Cutlass and others before becoming a salvage diver and eventually training future divers at the HM Naval Base Rosyth in Scotland, before handing down the watch to his son in 1994, himself a RN diver.

£15,000-25,000

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CHEN YANNING (CHINESE B. 1945) SERENITY [DETAIL] £40,000-60,000 + fees

FINE ASIAN WORKS OF ART

AUCTION 16 MAY 2025 LONDON

For more information or to discuss selling works at auction please contact: Grace Tu | 020 7930 9115 grace.tu@lyonandturnbull.com

AUCTION 26 JUNE 2025 LONDON

NOW OPEN FOR ENTRIES

RENÉ LALIQUE (1860-1945) VICTOIRE CAR MASCOT, NO. 1147 £6,000-8,000 + fees

For more information or to discuss selling works at auction please contact: Joy McCall | 020 7930 9115 joy.mccall@lyonandturnbull.com

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CONDITIONS OF SALE 24.2 FOR BUYERS (UK) These Conditions of Sale and the Saleroom Notices as well as specific Catalogue terms, set out the terms on which we offer the Lots listed in this Catalogue for sale. By registering to bid and/or by bidding at auction You agree to these terms, we recommend that You read them carefully before doing so. You will find a list of definitions and a glossary at the end providing explanations for the meanings of the words and expressions used. Special terms may be used in Catalogue descriptions of particular classes of items (Books, Jewellery, Paintings, Guns, Firearms, etc.) in which case the descriptions must be interpreted in accordance with any glossary appearing in the Catalogue. These notices and terms will also form part of our terms and conditions of sales. In these Conditions the words “Us”, “Our”, “We” etc. refers to Lyon & Turnbull Ltd, the singular includes the plural and vice versa as appropriate. “You”, “Your” means the Buyer. Lyon & Turnbull Ltd. acts as agent for the Seller. Lyon & Turnbull Ltd. acts as agent for the Seller. On occasion where Lyon & Turnbull Ltd. own a lot in part or full the property will be identified in the catalogue with the symbol (🄰) next to its lot number.

A. BEFORE THE SALE 1. DESCRIPTIONS OF LOTS Whilst we seek to describe Lots accurately, it may be impractical for us to carry out exhaustive due diligence on each Lot. Prospective Buyers are given ample opportunities to view and inspect before any sale and they (and any independent experts on their behalf) must satisfy themselves as to the accuracy of any description applied to a Lot. Prospective Buyers also bid on the understanding that, inevitably, representations or statements by us as to authorship, genuineness, origin, date, age, provenance, condition or Estimated selling price involve matters of opinion. We undertake that any such opinion shall be honestly and reasonably held and only accept liability for opinions given negligently or fraudulently. Subject to the foregoing neither we the Auctioneer or our employees or agents accept liability for the correctness of such opinions and no warranties, whether relating to description, condition or quality of Lots, express, implied or statutory, are given. Please note that photographs/images provided may not be fully representative of the condition of the Lot and should not be relied upon as indicative of the overall condition of the Lot. All dimensions and weights are approximate only.

2. OUR RESPONSIBILITY FOR OUR DESCRIPTION OF LOTS We do not provide any guarantee in relation to the nature of a Lot apart from our authenticity warranty contained in paragraph E.2 and to the extent provided below. (a) Condition Reports: Condition Reports are provided on our Website or upon request. The absence of a report does not imply that a Lot is without imperfections. Large numbers of such requests are received shortly before each sale and department specialists and administration will endeavour to respond to all requests although we offer no guarantee. Any statement in relation to the Lot is merely an expression of opinion of the Seller or us and should not be relied upon as an inducement to bid on the Lot. Lots are available for inspection prior to the sale and You are strongly advised to examine any Lot in which You are interested prior to the sale. Our Condition Reports are not prepared by professional conservators, restorers or engineers. Our Condition Report does not form any contract between us and the Buyer. The Condition Reports do not affect the Buyer’s obligations in any way. (b) Estimates: Estimates are placed on each Lot to help Buyers gauge the sums involved for the purchase of a particular Lot. Estimates do not include the Buyer’s Premium or VAT. Estimates are a matter of opinion and prepared in advance. Estimates may be subject to change and are for guidance only and should not be relied upon. (c) Catalogue Alterations: Lot descriptions and Estimates are prepared in advance of the sale and may be subject to change. Any alterations will be announced on the Catalogue alteration sheet, made available prior to the sale. It is the responsibility of the Buyer to make themselves aware to any alterations which may have occurred. 3. WITHDRAWAL Lyon & Turnbull may, at its discretion, withdraw any Lot at any time prior to or during the sale of the Lot. Lyon & Turnbull has no liability to You for any decision to withdraw. 4. JEWELLERY, CLOCKS & OTHER ITEMS (a) Jewellery: (i) Coloured gemstones (such as rubies, sapphires and emeralds) may have been treated to enhance their look, through methods such as heating and oiling. These methods are accepted practice but may make the gemstone less strong and/or require special care in future. (ii) All types of gemstones may have been improved by some method. You may request a gemmological report for

any Lot which does not have a report if the request is made to us at least three weeks before the date of the sale and You pay the fee for the report in advance of receiving said report. (iii) We do not obtain a gemmological report for every gemstone sold in our sales. Where we do get gemmological reports from internationally accepted gemmological laboratories, such reports may be described in the Sale Particulars. Reports will describe any improvement or treatment only if we request that they do so, but will confirm when no improvement or treatment has been made. Because of differences in approach and technology, laboratories may not agree whether a particular gemstone has been treated, the amount of treatment or whether treatment is permanent. The gemmological laboratories will only report on the improvements or treatments known to the laboratories at the date of the report. (iv) For jewellery sales, all Estimates are based on the information in any gemmological report or, if no gemmological report is available, You should assume that the gemstones may have been treated or enhanced. (b) Clocks & Watches: All Lots are sold “as seen”, and the absence of any reference to the condition of a clock or watch does not imply the Lot is in good condition and without defects, repairs or restorations. Most clocks and watches will have been repaired during their normal lifetime and may now incorporate additional/ newer parts. Furthermore, we make no representation or warranty that any clock or watch is in working order. As clocks and watches often contain fine and complex mechanisms, Buyers should be aware that a general service, change of battery or further repair work, for which the Buyer is solely responsible, may be necessary. Buyers should also be aware that we cannot guarantee a watch will remain waterproof if the back is removed. Buyers should be aware that the importing watches such as Rolex, Frank Muller and Corum into the United States is highly restricted. These watches cannot be shipped to the USA and only imported personally. Clocks may be sold without pendulums, weights or keys. (c) Alcohol: may only be sold to persons aged of 18 years and over. By registering to bid, You affirm that You are at least that age. All collections must be signed for by a person over the age of 18. We Reserve the right to ask for ID from the person collecting. Buyers of alcohol must make appropriate allowances for natural variations of ullages, conditions of corks and wine. We can provide no guarantees as to how the alcohol may have been stored. There is always a risk of cork failure and allowance by the Buyer must be made. Alcohol is sold “as is” and quality of the alcohol is entirely at the risk of the Buyer and no

warranties are given. (d) Books-Collation: If on collation any named item in the sale Catalogue proves defective, in text or illustration the Buyer may reject the Lot provided he returns it within 21 days of the sale stating the defect in writing. This, however, shall not apply in the case of unnamed items, periodicals, autographed letters, music M.M.S., maps, drawings nor in respect of damage to bindings, stains, foxing, marginal worm holes or other defects not affecting the completeness of the text nor in respect of Defects mentioned in the Catalogue, or at the time of sale, nor in respect of Lots sold for less than £300. (e) Electrical Goods: are sold as “works of art” only and if bought for use must be checked over for compliance with safety regulations by a qualified electrician first. Use of such goods is entirely at the risk of the Buyer and no warranties as to safety of the goods are given. (f) Upholstered items: are sold as “works of art” only and if bought for use must be checked over for compliance with safety regulations (items manufactured prior to 1950 are exempt from any regulations). Use of such goods is entirely at the risk of the Buyer and no warranties as to safety of the goods are given. We provide no guarantee as to the originality of any wood/material contained within the item.

B. REGISTERING TO BID 1. NEW BIDDERS (a) If this is Your first time bidding at Lyon & Turnbull or You are a returning Bidder who has not bought anything from us within the last two years You must register at least 48 hours before an auction to give us enough time to process and approve Your registration. We may, at our discretion, decline to permit You to register as a Bidder. You will be asked for the following: (i) Individuals: Photo identification (driving licence, national identity card or passport) and, if not shown on the ID document, proof of Your current address (for example, a current utility bill or bank statement) (ii) Corporate clients: Your Certificate of Incorporation or equivalent document(s) showing Your name and registered address together with documentary proof of directors and beneficial owners, and; (iii) Trusts, partnerships, offshore companies and other business structures please contact us directly in advance to discuss requirements. (b) We may also ask You to provide a financial reference and/or a deposit to allow You to bid. For help, please contact our Finance Department on +44(0)131 557 8844. 2. RETURNING BIDDERS We may at our discretion ask You for current identification as described in paragraph B.1.(a) above, a finance

65 reference or a deposit as a condition of allowing You to bid. If You have not bought anything from us in the last two years, or if You want to spend more than on previous occasions, please contact our Finance Department on +44(0)131 557 8844. 3. FAILURE TO PROVIDE THE RIGHT DOCUMENTS If in our opinion You do not satisfy our Bidder identification and registration procedures including, but not limited to, completing any anti-money laundering and/or anti-terrorism financing checks we may require to our satisfaction, we may refuse to register You to bid, and if You make a successful bid, we may cancel the contract between You and the Seller. 4. BIDDING ON BEHALF OF ANOTHER PERSON (a) As an authorised Bidder: If You are bidding on behalf of another person, that person will need to complete the registration requirements above before You can bid, and supply a signed letter authorising You to bid for him/her. (b) As agent for an undisclosed principal: If You are bidding as an agent for an undisclosed principle (the ultimate Buyer(s)) You accept personal liability to pay the Purchase Price and all other sums due, unless it has been agreed in writing with us before commencement of the auction that the Bidder is acting as an agent on behalf of a named third party acceptable to us and we will seek payment from the named third party. 5. BIDDING IN PERSON If You wish to bid in the saleroom You must register for a numbered bidding paddle before You begin bidding. Please ensure You bring photo identification with You to allow us to verify Your registration. 6. BIDDING SERVICES The bidding services described below are a free service offered as a convenience to our clients and we are not responsible for any error (human or otherwise), omission or breakdown in providing these services. (a) Phone bids Your request for this service must be made no later than 12 hours prior to the auction. We will accept bids by telephone for Lots only if our staff are available to take the bids. If You need to bid in a language other than English You should arrange this Well before the auction. We do not accept liability for failure to do so or for errors and omissions in connections. (b) Internet Bids For certain auctions we will accept bids over the internet. For more information please visit our Website. We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the internet or software malfunctions related to execution of online bids/ live bidding.

(c) Written Bids While prospective Buyers are strongly advised to attend the auction and are always responsible for any decision to bid for a particular Lot and shall be assumed to have carefully inspected and satisfied themselves as to its condition we shall, if so instructed, clearly and in writing execute bids on their behalf. Neither the Auctioneer nor our employees nor agents shall be responsible for any failure to do so. Where two or more commission bids at the same level are recorded we Reserve the right in our absolute discretion to prefer the first bid so made. Bids must be expressed in the currency of the saleroom. The Auctioneer will take reasonable steps to carry out written bids at the lowest possible price, taking into account the Reserve. If You make a written bid on a Lot which does not have a Reserve and there is no higher bid than Yours, we will bid on Your behalf at around 50% of the lower Estimate or, if lower, the amount of Your bid.

C. DURING THE SALE 1. ADMISSION TO OUR AUCTIONS We shall have the right at our discretion, to refuse admission to our premises or attendance at our auctions by any person. We may refuse admission at any time before, during or after the auction. 2. RESERVES Unless indicated by an insert symbol (∆), all Lots in this Catalogue are offered subject to a Reserve. A Reserve is the confidential Hammer Price established between us and the Seller. The Reserve is generally set at a percentage of the low Estimate and will not exceed the low Estimate for the Lot. 3. AUCTIONEER’S DISCRETION The maker of the highest bid accepted by the Auctioneer conducting the sale shall be the Buyer and any dispute shall be settled at the Auctioneer’s absolute discretion. The Auctioneer may move the bidding backwards of forwards in any way he or she may decide or change the order of the Lots. The Auctioneer may also; refuse any bid, withdraw any Lot, divide any Lot or combine any two or more Lots, reopen or continuing bidding even after the hammer has fallen. 4. BIDDING The Auctioneer accepts bids from: (a) Bidders in the saleroom; (b) Telephone Bidders, and internet Bidders through Lyon & Turnbull Live or any other online bidding platform we have chosen to list on and; (c) Written bids (also known as absentee bids or commission bids) left with us by a Bidder before the auction. 5. BIDDING INCREMENTS Bidding increments shall be at the Auctioneer’s sole discretion. 6. CURRENCY CONVERTER The saleroom video screens and

bidding platforms may show bids in some other major currencies as Well as sterling. Any conversion is for guidance only and we cannot be bound be any rate of exchange used. We are not responsible for any error (human or otherwise) omission or breakdown in providing these services. 7. SUCCESSFUL BIDS Unless the Auctioneer decides to use their discretion as set out above, when the Auctioneer’s hammer falls, we have accepted the last bid. This means a contract for sale has been formed between the Seller and the successful Bidder. We will issue an invoice only to the registered Bidder who made the successful bid. While we send out invoices by post/or email after the auction, we do not accept responsibility for telling You whether or not Your bid was successful. If You have bid by written bid, You should contact us by telephone or in person as soon as possible after the auction to get details of the outcome of our bid to avoid having to pay unnecessary storage charges. 8. RELEVANT LEGISLATION You agree that when bidding in any of our sales that You will strictly comply with all relevant legislation including local laws and regulations in force at the time of the sale for the relevant saleroom location.

D. THE BUYER’S PREMIUM, TAXES AND ARTIST’S RESALE ROYALTY 1. THE PURCHASE PRICE For each Lot purchased a Buyer’s Premium of 26% of the Hammer Price of each Lot up to and including £20,000, plus 25% from £20,001 to £500,000, plus 20% from £500,001 thereafter. VAT at the appropriate rate is charged on the Buyer’s Premium. No VAT is payable on the Hammer Price or premium for printed books or unframed maps bought at auction. Live online bidding may be subject to an additional premium (level dependent on the live bidding service provider chosen). This additional premium is subject to VAT at the appropriate rate as above. 2. VALUE ADDED TAX Value Added Tax is charged at the appropriate rate prevailing by law at the date of sale and is payable by Buyers of relevant Lots. (a) Lots affixed with (†): Value Added Tax on the Hammer Price is imposed by law on all items affixed with a dagger (†). This imposition of VAT maybe because the Seller is registered for VAT within the European Union and is not operating under a Margin Scheme. (b) Lots affixed with (*): A reduced rate of Value Added Tax on the Hammer Price of 5% is payable. This indicates that a Lot has been imported from outwit the European Union. This reduced rate is applicable to Antique items.

(c) Lots affixed with [Ω]: Standard rate of Value Added Tax on the Hammer Price and premium is payable. This applies to items that have been imported from outwit the European Union and do not fall within the reduced rate category outlined above. 3. ARTIST’S RESALE ROYALTY (DROIT DE SUITE) This symbol § indicates works which may be subject to the Droit de Suite or Artist’s Resale Right, which took effect in the United Kingdom on 14th February 2006. We are required to collect a royalty payment for all qualifying works of art. Under new legislation which came into effect on 1st January 2012 this applies to living artists and artists who have died in the last 70 years. This royalty will be charged to the Buyer on the Hammer Price and in addition to the Buyer’s Premium. It will not apply to works where the Hammer Price is less than £1,000. The charge for works of art sold at and above £1,000 and below £50,000 is 4%. For items selling above £50,000, charges are calculated on a sliding scale. All royalty charges are paid to the Design and Artists Copyright Society (‘DACS’) and no handling costs or additional fees are retained by the Auctioneer. Resale royalties are not subject to VAT. More information on Droit de Suite is available at www.dacs.org.uk.

E. WARRANTIES 1. SELLER’S WARRANTIES For each Lot, the Seller gives a warranty that the Seller; (a) Is the owner of the Lot or a joint owner of the Lot acting with the permission of the other co-owners, or if the Sellers is not the owner of or a joint owner of the Lot, has the permission of the owner to sell the Lot, or the right to do so in law, and; (b) Had the right to transfer ownership of the Lot to the Buyer without any restrictions or claims by anyone else. If either other above warranties are incorrect, the Seller shall not have to pay more than the Purchase Price (as defined in the glossary) paid by You to us. The Seller will not be responsible to You for any reason for loss of profits or business, expected savings, loss of opportunity or interest, costs, damages, other damages or expense. The Seller gives no warranty in relation to any Lot other than as set out above and, as far as the Seller is allowed by law, all warranties from the Seller to You, and all obligations upon the Seller which may be added to this agreement by law, are excluded. 2. AUTHENTICITY GUARANTEE We guarantee that the authorship, period, or origin (collectively, “Authorship”) of each Lot in this Catalogue is as stated in the BOLD or CAPITALISED type heading in the Catalogue description of the Lot, as amended by oral or written saleroom notes or announcements. We make

66 no warranties whatsoever, whether express or implied, with respect to any material in the Catalogue other than that appearing in the Bold or Capitalised heading and subject to the exclusions below. In the event we, in our reasonable opinion, deem that the conditions of the authenticity guarantee have been satisfied, it shall refund to the original purchaser of the Lot the Hammer Price and applicable Buyer’s Premium paid for the Lot by the original purchaser. This Guarantee does not apply if: (a) The Catalogue description was in accordance with the opinion(s) of generally accepted scholar(s) and expert(s) at the date of the sale, or the Catalogue description indicated that there was a conflict of such opinions; or (b) the only method of establishing that the Authorship was not as described in the Bold or Capitalised heading at the date of the sale would have been by means or processes not then generally available or accepted; unreasonably expensive or impractical to use; or likely (in our reasonable opinion) to have caused damage to the Lot or likely to have caused loss of value to the Lot; or (c) There has been no material loss in value of the Lot from its value had it been in accordance with its description in the Bold or Capitalised type heading. This Guarantee is provided for a period of one year from the date of the relevant auction, is solely for the benefit of the original purchaser of the Lot at the auction and may not be transferred to any third party. To be able to claim under this Authenticity Guarantee, the original purchaser of the Lot must: (a) notify us in writing within one month of receiving any information that causes the original purchaser of record to dispute the accuracy of the Bold or Capitalised type heading, specifying the Lot number, date of the auction at which it was purchased and the reasons for such dispute; and (b) return the Lot to our registered office in the same condition as at the date of sale to the original purchaser of record and be able to transfer good title to the Lot, free from any third party claims arising after the date of such sale. We have discretion to waive any of the above requirements. We may require the original purchaser of the Lot to obtain, at the original purchaser of Lot’s cost, the reports of two independent and recognised experts in the field. The reports must be mutually acceptable to us and the original purchaser of the Lot. We shall not be bound by any reports produced by the original purchaser of the Lot, and Reserves the right to seek additional expert advice at its own expense. It is specifically understood and agreed

that the rescission of a sale and the refund of the original Purchase Price paid (the successful Hammer Price, plus the Buyer’s Premium) is exclusive and in lieu of any other remedy which might otherwise be available as a matter of law. Lyon & Turnbull and the Seller shall not be liable for any incidental or consequential damages incurred or claimed, including without limitation, loss of profits or interest. 3. YOUR WARRANTIES (a) You warrant that the funds used for settlement are not connected with any criminal activities, including tax evasion and You are neither; under investigation, have been charged with or convicted of money laundering, terrorist activities or other crimes. (b) Where You are bidding on behalf of another person You warrant that: (i) You have conducted appropriate customer due diligence on the ultimate Buyer(s) of the Lot(s) in accordance with all relevant antimoney laundering legislation, consent to us relying on this due diligence, and You will retain for a period of not less than five years the documentation evidencing the due diligence. You will make such documentation promptly available for immediate inspection by a third party auditor upon our written request to do so; (ii) The arrangements between You and the ultimate Buyer(s) in relation to the Lot or otherwise do not, in whole or in part, facilitate tax crimes, and; (iii) You do not know, and have no reason to suspect that the funds used for settlement are connected with the proceeds of any criminal activity, including tax evasion, or that the ultimate Buyer(s) are under investigation or have been charged with or convicted of moneylaundering, terrorist activities, or other crimes.

F. PAYMENT 1. MAKING PAYMENT (a) Within 7 days of a Lot being sold You will pay to us the Total Amount Due in cash or by such other method as is agreed by us. We accept cash, bank transfer (details on request), debit cards and Visa or MasterCard credit cards. Please note that we do not accept cash payments over £5,000 per Buyer per year. (b) Any payments by You to us can be applied by us towards any sums owing by You to us howsoever incurred and without agreement by You or Your agent, whether express or implied. (c) We will only accept payment from the registered Bidder. Once issued, we cannot change the Buyer’s name on an invoice or re-issue the invoice in a different name. (d) The ownership of any Lots purchased shall not pass to You until You have made payment in full to us of the Total Amount Due. The risk in and the responsibility for the Lot will transfer to You from whichever is the

earlier of the following: (i) When You collect the Lot; or (ii) At the end of the 30th day following the date of the auction, or, if earlier, the date the Lot is taken into care by a third party unless we have agreed otherwise with You in writing. (e) You shall at Your own risk and expense take away any Lots that You have purchased and paid for not later than 7 working days following the day of the auction or upon the clearance of any payment whichever is later. Please note we do not accept cheques. We can provide You with a list of shippers. However, we will not be responsible for the acts or omissions of carriers or packers whether or not recommended by us. (f) No purchase can be claimed or removed until it has been paid for. (g) It is the Buyer’s responsibility to ascertain collection procedures, particularly if the sale is not being held at our main sale room and the potential storage charges for Lots not collected by the appropriate time. 2. IN THE EVENT OF NONPAYMENT If any Lot is not paid for in full and taken away in accordance with these Conditions or if there is any other breach of these Conditions, we, as agent for the Sellers and on their behalf, shall at our absolute discretion and without prejudice to any other rights we may have, be entitled to exercise one or more of the following rights and remedies: (a) To proceed against You for damages for breach of contract; (b) To rescind the contract for sale of that Lot and/or any other Lots sold by us to You; (c) To resell the Lot(s) (by auction or private treaty) in which case You shall be responsible for any resulting deficiency in the Total Amount Due (after crediting any part payment and adding any resale costs). (d) To remove, store and insure the Lot in the case of storage, either at our premises or elsewhere and to recover from You all costs incurred in respect thereof; (e) To charge interest at a rate of 5% a year above the Bank of Scotland base rate from time to time on all sums outstanding for more than 7 working days after the sale; (f) To retain that or any other Lot sold to You until You pay the Total Amount Due; (g) To reject or ignore bids from You or Your agent at future auctions or to impose conditions before any such bids shall be accepted; (h) To apply any proceeds of sale of other Lots due or which become due to You towards the settlement of the Total Amount Due by You and to exercise a lien over any of Your property in our possession for any purpose until the debt due is satisfied. You will be deemed to have granted

such security to us and we may retain such property as collateral security for Your obligations to us; we may decide to sell Your property in any way we think appropriate. We will use the proceeds of the sale against any amounts You owe us and we will pay any amount left from that sale to You. If there is a shortfall, You must pay us the balance; and (i) Take any other action we see necessary or appropriate.

G. C OLLECTION & STORAGE (1) It is the Buyer’s responsibility to ascertain collection procedures, particularly if the sale is not being held at our main sale room and the potential storage charges for Lots not collected by the appropriate time. Information on collection is set out in the Catalogue and our Website (2) Unless agreed otherwise, You must collect purchased Lots within seven days from the auction. Please note the Lots will only be released upon full payment being received. (3) If You do not collect any Lot within seven days following the auction we can, at our discretion; (i) Charge You storage costs at the rates set out on our Website. (ii) Move the Lot to another location or an affiliate or third party and charge You transport and administration costs for doing so and You will be subject to the third party storage terms and pay for their fees and costs. (iii) Sell the Lot in any way we think reasonable.

H. TRANSPORT & SHIPPING 1. TRANSPORT AND SHIPPING We will include transport and shipping information with each invoice sent to You as well as displayed on our Website. You must make all transport and shipping arrangements. 2. EXPORT OF GOODS Buyers intending to export goods should ascertain; (a) Whether an export licence is required; and (b) Whether there is any specific prohibition on importing goods of that character, e.g. items that may contain prohibited materials such as ivory or rhino horn. It is the Buyer’s sole responsibility to obtain any relevant export or import licence. The denial of any licence or any delay in obtaining licences shall neither justify the recession of any sale not any delay in making full payment for the Lot. 3. CITES: ENDANGERED PLANTS AND ANIMALS LEGISLATION Please be aware that all Lots marked with the symbol Y may be subject to CITES regulations when exporting these items outside the EU. These regulations may be found at http://www.defra.gov. uk/ahvla-en/imports-exports/cites. We accept no liability for any Lots which may be subject to CITES but have not be identified as such.

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I. OUR LIABILITY TO YOU (a) We give no warranty in relation to any statement made, or information give, by us, our representatives or employees about any Lot other than as set out in the authenticity warranty and as far as we are allowed by law, all warranties and other terms which may be added to this agreement by law are exclude. The Seller’s warranties contained in paragraph E.1 are their own and we do not have a liability in relation to those warranties. (b) (i) We are not responsible to You for any reason whether for breaking this agreement or any other matter relating to Your purchase of, or bid for, any Lot other than in the event of fraud or fraudulent misrepresentation by us other than as expressly set out in these conditions of sale; or (ii) We do not give any representation, warranty or guarantee or assume any liability for a kind in respect of any Lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance, except as required by local law, any warranty of any kind is excluded by this paragraph. (c) in particular, please be aware that our written and telephone bidding services, Lyon & Turnbull Live, Condition Reports, currency converter and saleroom video screens are free services and we are not responsible for any error (human or otherwise) omission or breakdown in these services. (d) We have no responsibility to any person other than a Buyer in connection with the purchase of any Lot (e) If in spite of the terms of this paragraph we are found to be liable to You for any reason, we shall not have to pay more than the Purchase Price paid by You to us. We will not be responsible for any reason for loss of profits, business, loss of opportunity or value, expected savings or interest, costs damages or expenses.

J. OTHER TERMS 1. OUR ABILITY TO CANCEL In addition to the other rights of cancellation contained in this agreement, we can cancel the sale of a Lot if; (i) Any of our warranties are not correct, as set out in paragraph E3, (ii) We reasonably believe that completing the transaction is or may be unlawful; or (iii) We reasonably believe that the sale places us or the Seller under any liability to anyone else or may damage our reputation.

2. RECORDINGS We may videotape and record proceedings at any auction. We will keep any personal information confidential, except to the extent disclosure is required by law if You do not wish to be videotaped, You may make arrangements to bit by telephone or a written bid or bid on Lyon & Turnbull Live instead. Unless we agree otherwise in writing, You may not videotape or record proceedings at any auction. 3. COPYRIGHT We own the copyright in respect of all images, illustrations and written material produced by or for us relating to a Lot. (Including Catalogue entries unless otherwise noted in the Catalogue) You cannot use them without our prior written permission. We do not offer any guarantee that You will gain any copyright or other reproductions to the Lot. 4. ENFORCING THIS AGREEMENT If a court finds that any part of this agreement is not valid or is illegal or impossible to enforce, that part of the agreement will be treated as deleted and the rest of this agreement will remain in force. 5. TRANSFERRING YOUR RIGHTS AND RESPONSIBILITIES You may not grant a security over or transfer Your rights of responsibilities under these terms on the contract of sale with the Buyer unless we have given our written permission. This agreement will be binding on Your successors or estate and anyone who takes over Your rights and responsibilities. 6. REPORTING ON WWW.LYONANDTURNBULL.COM Details of all Lots sold by us, including Catalogue disruptions and prices, may be reported on www.lyonandturnbull. com. Sales totals are Hammer Price plus Buyer’s Premium and do not reflect any additional fees that may have been incurred. We regret we cannot agree to requests to remove these details from our Website. 7. SALE BY PRIVATE TREATY (a) The same Conditions of Sale (Buyers) shall apply to sales by private treaty. (b) Private treaty sales made under these Conditions are deemed to be sales by auction and subject to our agreed charges for Sellers and Buyers. (c) We undertake to inform the Seller of any offers it receives in relation to an item prior to any Proposed Sale, excluding the normal method of commission bids. (d) For the purposes of a private treaty sale, if a Lot is sold in any other currency than Sterling, the exchange rate is to be taken on the date of sale. 8. THIRD PARTY LIABILITY All members of the public on our premises are there at their own risk and must note the lay-out of the premises, safety and security

arrangements. Accordingly, neither the Auctioneer nor our employees or agents shall incur liability for death or personal injury or similarly for the safety of the property of persons visiting prior to, during or after a sale. 9. DATA PROTECTION Where we obtain any personal information about You, we shall use it in accordance with the terms of our Privacy Policy (subject to any additional specific consent(s) You may have given at the time Your information was disclosed). A copy of our Privacy Policy can be found on our Website www.lyonandturnbull.com or requested from Client Services, 33 Broughton Place, Edinburgh, EH1 3RR or by email from data enquiries@ lyonandturnbull.com. 10. FORCE MAJEURE We shall be under no liability if they shall be unable to carry out any provision of the Contract of Sale for any reason beyond their control including (without limiting the foregoing) an act of God, legislation, war, fire, flood, drought, failure of power supply, lock-out, strike or other action taken by employees in contemplation or furtherance of a dispute or owing to any inability to procure materials required for the performance of the contract. 11. LAW AND JURISDICTION (a) Governing Law: These Conditions of Sale and all aspects of all matters, transactions or disputes to which they relate or apply shall be governed by, and interpreted in accordance with, Scots law (b) Jurisdiction: The Buyer agrees that the Courts of Scotland are to have exclusive jurisdiction to settle all disputes arising in connection with all aspects of all matters or transactions to which these Conditions of Sale relate or apply.

K. DEFINITIONS & GLOSSARY The following words and phrases used have (unless the context otherwise requires) the meaning to given to them below. The go Glossary is to assist You to understand words and phrases which have a specific legal meaning which You may not be familiar with. 1. DEFINITIONS “Auctioneer” Lyon & Turnbull Ltd (Registered in Scotland No: 191166 | Registered address: 33 Broughton Place, Edinburgh, EH1 3RR) or it’s authorised representative conducting the sale, as appropriate; “Bidder” a person who has completed a Bidding Form “Bidding Form” our Bidding Registration Form our Absentee Bidding Form or our Telephone Bidding Form. “Buyer” the person to whom a Lot is knocked down by the Auctioneer. The Buyer is also referred to by the words “You” and “Your” “Buyer’s Premium” the sum calculated on the Hammer Price at the rates

stated in Catalogue. “Catalogue” the Catalogue relating to the relevant Sale, including any representation on our Website “Condition Report” the report on the physical condition of a Lot provided to a Bidder or potential Bidder by us on behalf of the Seller. “Estimate” a statement of our opinion of the range within the hammer is likely to fall. “Hammer Price” the level of bidding reached (at or above any Reserve) when the Auctioneer brings down the hammer; “High Cumulative Value of Lot” several Lots with a total lower Estimate value of £30,000 or above; “High Value Lot” a Lot with a lower Estimate of £30,000 or above; “Lot” each Item offered for sale by Lyon & Turnbull; “Purchase Price” is the aggregate of Hammer Price and any applicable Buyer’s Premium, VAT on the Hammer Price (where applicable), VAT on the Buyer’s Premium and any other applicable expenses; “Reserve” the lowest price below which an item cannot be sold whether at auction or by private treaty; “Sale” the auction sale at which a Lot is to be offered for sale by us. “Seller” the person who offers the Lot for Sale. We act as agent for the Seller. “Total Amount Due” the Hammer Price in respect of the Lot sold together with any premium, Value Added Tax or other taxes chargeable and any additional charges payable by a defaulting Buyer under these Conditions; “VAT” value added tax at the prevailing rate at the date of the sale in the United Kingdom. “Website” Lyon & Turnbull’s Website at www.lyonandturnbull.com 2. GLOSSARY The following have specific legal meaning which You may not be familiar with. The following glossary is intended to give You an understanding of those expressions but is not intended to restrict their legal meanings: “Artist’s Resale Right” the right of the creator of a work of art to receive a payment on Sales of that work subsequent to “Knocked Down” when a Lot is sold to a Bidder, indicated by the fall of the hammer at the Sale. “Lien” a right for the person who has possession of the Lot to retain possession of it. “Risk” the possibility that a Lot may be lost, damaged, destroyed, stolen, or deteriorate in condition or value. “Title” the legal and equitable right to the ownership of a Lot.

24.2

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GUIDE TO BIDDING & PAYMENT REGISTRATION

BIDDING OUTSIDE THE SALEROOM

PAYMENT

All potential buyers must register prior to placing a bid. Registration information may be submitted in person at our registration desk, by email, or on our website. Please note that first-time bidders, and those returning after an extended period, will be asked to supply the following documents in order to facilitate registration:

BY PHONE

Our accounts teams will continue to be available to process payments and answer queries. We will be able to accept online payments through our website and bank transfer. On-site payment facilities are available by appointment.

1 – Government issued photo ID (Passport/Driving licence) 2 – Proof of address (utility bill/bank statement). We may, at our option, also ask you to provide a bank reference and/or deposit. By registering for the sale, the buyer acknowledges that he or she has read, understood and accepted our Conditions of Sale. BIDDING Registered bidders will be assigned a non-transferable bidder number. Once the first bid has been placed, the auctioneer asks for higher bids in increments determined by the auctioneer. All lots will be invoiced to the name and address given during your registration. There will be no in-room bidding for this auction.

A limited number of telephone lines are available for bidding by phone through a Lyon & Turnbull representative. Phone lines must be reserved in advance. All bid requests must be received an hour before the sale. All telephone bids must be confirmed in writing, listing the relevant lots and appropriate number to be called. We recommend that a covering bid is also left in the event that we are unable to make the call. We cannot guarantee that lines will be available, or that we will be able to call you on the day, but will endeavour to undertake such bids to the best of our abilities. This service is available entirely at our discretion and at the bidder’s risk. IN WRITING Bid forms are available at the sale and/ or the back of the catalogue. These should be submitted in person, by post, or by fax as soon as possible prior to the sale and we will bid on your behalf up to the limit indicated. In the event of receiving two identical bids the first one received will take precedence All bids must be received an hour before the sale. This service is provided entirely at the bidder’s risk. ON THE INTERNET

Payment is due within seven (7) days of the sale. Lots purchased will not be released until full payment has been received. Payment may be made by the following methods: BANK TRANSFER Account details are included on any invoices we issue or upon request from our accounts department. ONLINE CREDIT OR DEBIT CARD PAYMENTS We no longer accept card payments by phone. Please use our online payment service (provided by Opayo). You will find a link to this service in any email invoice issued or you can visit the payments section of our website. CASH No cash payments will be accepted for this auction. COLLECTION OF PURCHASED LOTS Please refer to page 2 of this catalogue.

- ABSENTEE BIDDING Leave a bid online through our website, call us on 0131 557 8844 or email info@lyonandturnbull.com - BID LIVE ONLINE Bid live online, for free, with Lyon & Turnbull Live. Just click the button from the auction calendar, sale page or any lot page online to register.

Inside Back Cover: Lot 26 [detail]

LOND ON | EDINB URGH | GL A SGOW LYONA NDT UR NBULL.COM