NAMIKI & MONTBLANC MASTERPIECES

WRITING INSTRUMENTS

NAMIKI & MONTBLANC MASTERPIECES NAMIKI & MONTBLANC MASTERPIECES AUCTION ONE Saturday, May 11, 2019 | Hotel Beau Rivage, Geneva

gen eva a u c tion

Important Modern & Vintage Timepieces including an important private British collection, a single owner Swiss IWC collection and an exceptional Namiki and Montblanc pen collection.

GENEVA AUCTION

Property of Various Owners to be Offered for Sale by Auction

SAMEDI, 11 MAI, 2019

SATURDAY, MAY 11, 2019

DIMANCHE, 12 MAI, 2019

SUNDAY, MAY 12, 2019

De 2:00 p.m. à 2:30 p.m. Lots 1-35 Collection UK De 3:00 p.m. à 4:30 p.m. Lots 36-122 IWC De 4:30 p.m. à 6: p.m. Lots 123-217 Stylos

De 10:00 a.m. à 1:00 a.m. Lots 218-425 De 2:00 p.m. à 6:00 p.m. Lots 426-744

Fom 2:00 p.m. to 3:00 p.m. Lots 1-35 Collection UK From 3:00 p.m. to 4:30 p.m. Lots 36-122 IWC From 4:30 p.m. to 6: p.m. Lots 123-217 Pens

From 10:00 a.m. to 1:00 a.m. Lots 218-425 From 2:00 p.m. to 6:00 p.m. Lots 426-744

Location:

HOTEL BEAU-RIVAGE

Salon de l’Impératrice | 13, Quai du Mont-Blanc | 1201 Genève Email geneva@antiquorum.swiss Principal Auctioneer, Julien Schaerer [#1266346]

live Antiquorum Genève SA | 3, rue du Mont-Blanc, 1201 Geneva - Switzerland Tel +41 (0)22 909 28 50 | Fax +41 (0)22 909 28 60 email geneva@antiquorum.swiss Par le Ministère de Me René Pantet, Huissier Judiciaire | Under the aegis of Me René Pantet, Huissier Judiciaire Copyright© 2017 by Antiquorum Genève SA. No part of this catalogue may be reproduced or transmitted without the express written permission of Antiquorum Genève SA.

specialists ANTIQUORUM GENÈVE Romain Réa

Chief Executive Officer +33 1 42 61 43 44 romainrea@antiquorum.swiss

ANTIQUORUM ASIA-PACIFIC Arnaud Tellier

Director and Watch expert +852 25 22 41 68 arnaudtellier@antiquorum.swiss

Julien Schaerer

Managing Director and Watch expert +41 22 909 2850 julien@antiquorum.swiss

ANTIQUORUM HONG KONG Connie Siu

Etienne Leménager

Director & Watch Expert +41 22 909 2850 elemenager@antiquorum.swiss

Managing Director +852 25 22 41 68 hk@antiquorum.swiss

ANTIQUORUM PARIS ANTIQUORUM MILAN Jérôme Lemoine

Giovanni Varesi

Director & Watch Expert +39 02 87 66 25 milan@antiquorum.swiss

ANTIQUORUM MONTREAL

Director & Watch Expert +33 1 42 61 43 44 paris@antiquorum.swiss

Astrid Soyez

Junior Specialist +33 1 42 61 43 44 social@antiquorum.swiss

Michael Dahan

Director & Watch Expert canada@antiquorum.swiss

auction preview Highlights from this auction will be on view as follows : Hong Kong Preview

Antiquorum Hong Kong Antiquorum Hong Kong, RM 704, 9 Queen’s Road, Central, 7th Floor, Hong Kong Tel +852 2522 4168 Email hk@antiquorum.swiss Monday, 29th April 11:00 am – 7:00 pm

Tuesday, 30th April 11:00 am – 7:00 pm

Taipei Preview

Shangri-La’s Far Eastern Plaza Hotel, Taipei B1, West Gate 201, Tun Hwa South Road, Section 2, Taipei Taiwan. R.O.C Tel +852 2522 4168 Email hk@antiquorum.swiss

Geneva Preview

Antiquorum Genève SA 3, rue du Mont-Blanc 1201 Geneva, Switzerland Tel +41 (0) 22 909 28 50 Email geneva@antiquorum.swiss

Thursday, 9th May 10:00 am – 6:00 pm Friday, 10th May 10:00 am – 6:00 pm

Saturday, 11th May 9:00 am – 7:00 pm Sunday, 12th May 9:00 am – 5:00 pm

Thursday, 2nd May 10:00 am – 6:00 pm Friday, 3nd May 10:00 am – 6:00 pm

LOT 724

LOT 742

GET YOUR AUCTION BID FORM on the last page online viewing

Approximately one week prior to the auction, the catalogue for the traditional auction may be viewed at www.antiquorum.swiss. The collection of timepieces will be shown, highlighting its esthetic, historical and technical interest. This service enables clients worldwide to view the auction collection even if they are unable to attend the pre-auction exhibition.

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Pour nos premières enchères genevoises de l’année 2019, nous sommes fiers de vous annoncer notre nouvelle collaboration avec l’hôtel Beau Rivage où vous aurez le plaisir de nous rencontrer pour nos prochaines ventes. C’est un lieu unique chargé d’histoire qui a vu passé les plus grandes personnalités des XIXe et XXe siècle, telles que l’Impératrice Elizabeth « Sissi », Eleanor Roosevelt, Jacques Brel et bien d’autres. Nous sommes impatients d’avoir l’opportunité d’être accueillis dans un si beau cadre ! C’est une joie d’autant plus importante que c’est un établissement avec lequel nous partageons de nombreuses valeurs : deux entreprises qui, fortes de leur passé, sont tournées résolument vers l’avenir.

Encore une fois, Antiquorum affirme sa place de plus ancienne maison de vente aux enchères spécialisée dans l’horlogerie au travers de deux jours de vente. Les lots que nous présenterons, répartis en cinq sessions, sont une belle illustration tant de l’histoire de l’horlogerie que du savoir-faire des grandes manufactures d’aujourd’hui.

La première est une collection extraordinaire de pièces historiques. Témoin de la maestria de trois hommes, Jaquet-Droz père et fils, ainsi que Leschot, un des plus beaux éléments de cette vente est une superbe amphore à oiseaux chanteurs de 1795. Maître horloger accompli, Pierre Jaquet-Droz était spécialisé dans les créations animées qui mettaient en scène un oiseau, souvent à taille réelle, produisant au sein de cages richement décorées des mélodies variées.

Ce ne sont pas seulement les objets horlogers que nous avons pris l’habitude de vous présenter, mais également tous les objets mécanisés et parmi eux une superbe tabatière à musique attribuable à Piguet & Cap, de 1805, dont le tableau émaillé fut probablement peint par Lissignol. Un très beau lot au sein des objets de vertus de ce catalogue. Parmi les montres de poches vous devez vous attardez sur une pièce remarquable, peut-être même unique : une Omega en or jaune émaillée. L’émail est dit « plique à jour », c’est-à-dire appliqué sans fond métallique : une véritable prouesse technique !

Dans un deuxième temps, afin de célébrer les 150 ans de la manufacture, nous vous proposerons une collection exceptionnelle d’IWC dont une Portugaise avec un magnifique cadran noir et son bracelet Gay Frères.

La troisième session correspond à notre toute première vente « d’instruments d’écriture » composée notamment de Namiki et de Montblanc. Parmi ces pièces de collection, vous trouverez notamment un superbe stylo Dunhill/Namiki dit « Hannya », sans doute le seul exemplaire encore existant réalisé par Gonroku Matsuda.

Dans le cadre de notre vente « Important modern & vintage timepieces », comprenant les deux dernières sessions, nous sommes heureux de pouvoir offrir aux enchères des pièces d’exception reflétant la haute-horlogerie moderne et contemporaine telles que trois Patek Philippe, une référence 5004 en or rose, une référence 3974 en or jaune et une référence 6102 en platine. Dans l’air du vent et plus sportives, nous aurons également deux très belles Nautilus et une Aquanaute « Prototype ».

Quant à la manufacture à la couronne, elle se distingue par deux très beaux Daytona, le premier vintage est une référence 6240 avec l’emblématique cadran exotique dit « Paul Newman », et la seconde, plus moderne, est un 16520, première référence Daytona avec un mouvement automatique, possédant un très rare cadran porcelaine signé Tiffany. « Nous sommes fiers d’avoir rassemblé cette sélection très riche qui met en lumière toute la virtuosité de l’histoire de l’horlogerie. En bénéficiant de l’écrin du Beau-Rivage, qui plus est, nous sommes assurés que ces deux journées de ventes resteront dans les annales ».

First of all, we are thrilled to organize our next Geneva Auctions in a new hotel, The Beau Rivage to celebrate our first of our 2019 Geneva auctions.

It is a unique place filled with history, where so many great names stayed, such as the Empress Elisabeth, Eleanor Roosevelt or Jacques Brel. We are so eager to welcome you in such a beautiful setting! We are even more delighted because of all the strong common values we all share: two firms faithful to their past while resolutely moving forward to meet tomorrow’s challenges.

Once again, Antiquorum’s undeniable strength as the oldest horological firm is reaffirmed. The lots we have been entrusted with are a wonderful illustration of the horological history as well as the savoir-faire of modern manufacturers.

Witnesses of this art are 2 men, Pierre Jaquet-Droz and Leschot, that manufactured some of the most beautiful art pieces ever made, such as lot 35, a singing bird enamel amphora clock made in 1788. Pierre Jaquet Droz, a master watchmaker, was specialized in animated creations such as singing birds, often in real-size, animated within highly decorated cages with delightful music. It is not only horological items in which we have specialised but also mechanical objects such as the beautiful musical snuff box made by Piguet & Capt (lot 34) with one of the finest enamel ever made by Lissigol. One of the few objects presented in this exceptional British collection that has stayed hidden away since its purchase at auction in the 1960’s.

Among some of the wonderful pocket watched offered, a probably unique Omega chronograph pocket watch by enamel using the “Plique à Jour” technique, applied without a metallic back, a real proof of craftsmanship.

That collection will be followed by another exceptional offering of a private Swiss collector that focused on IWC timepieces only over a period of 20 years including wonderful examples of the original large size IWC Portuguese wristwatch, one with a silver dial and the other fitted with a black dial and mounted on a Gay Freres bracelet. The third session of the first day will feature our first pen collection with Namiki and Montblanc. Among these, we will offer the superb and important Dunhill/Namiki so called “Hannya”, most probably the only example remaining made by Gonroku Matsuda.

On our May 12th sale, We are also delighted to offer exceptional modern timepieces, from Patek Philippe, such as a reference 3974, a pink gold 5004 and a platinum Celestial reference 6102. For steel aficionados, we will present near mint examples of a platinum 3800, 2 steel 3700’s, one retailed by Beyer and a prototype Aquanaut with power reserve.

From Rolex, 2 near mint examples of Daytonas will be offered, one being a Paul Newman dialled reference 6240, the other a modern version of the Daytona reference 16520 retailed by Tiffany with a porcelain dial and all its accessories.

“We are proud to have assembled a varied and rich selection of items that reflect the craftsmanship and the ingenuity of the history of watchmaking.

With the Beau Rivage hotel as a background, we are insured that these 2 days will be long remembered.

Romain Rea

NOW OPEN

Atelier Offering quality watch repair service for fine modern and vintage timepieces.

Repair • Overhaul • Strap replacement HONG KONG Antiquorum Auctioneers (HK) Ltd. Room 704, 7/Floor The Galleria, No 9 Queen’s Road Central, Central Hong Kong Tel. +852 2522 4168 | Fax. +852 2522 4138 E-mail: hk@antiquorum.swiss

SWITZERLAND Antiquorum Geneva SA 3, rue du Mont-Blanc, 1201 Geneva Tel. +41 (0)22 909 28 50 | Fax. +41 (0)22 909 28 60 E-mail: geneva@antiquorum.swiss

SHORT STORY OF NAMIKI AND HIS FOUNDER Patent number 247.038 issued on 22 April 1925, brought its holder, Ryosuke Namiki, subject of the Emperor of Japan, a resident of number 1693 Miyashita, Sugamo Machi, Tokyo prefecture into Art history. Little did the patent clerk, or even the author of the text, mundanely entitled “ improvements in methods of working upon surfaces of ebonite and other vulcanized rubber articles “, suspect that it would herald a veritable renaissance in the ancestral art of maki-e. So, who was Ryosuke Namiki?

Born in 1880, he graduated with honours from the Merchant Marine college, to which he returned as a professor after a spell as chief engineer at Mitsui Bussan Maritime Company.

During his time as a teacher Namiki developed an interest in writing implements. The Japaneese used a brush to write ideograms, and fountain pens recently introduced into the archipelago, were not a great success: they were neither flexible enough nor fine enough to draw Japaneese characters, and they tended to clog up. On 14 June 1909, Namiki filed the first patent for an improved drawing pen. But he was chiefly interested in fountain pens and wanted to create nibs of gold and iridium that would reduce friction on the page. In 1914, he discovered an iridium mine on the Japaneese island of Hokkaido, brought it and set up a factory that produced gold nibs with an iridium tip. In august 1915 he finally resigned from teaching to found his own company, the Namiki Manufacturing Company, in Tokyo. Like many small business owners, Namiki required financial backing. He found it with Masao Wada a former colleague from the Merchant Marine College, who promptly invested 5000 yen in the business.

In January 1918 Namiki established a new company, the Namiki Manufacturing Co Ltd

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and registered the trademarks of Namiki and Pilot. The latter was only to be used later, exclusively in Japan. A new technical challenge soon presented itself. Ebonite, the resin used to make the barrels and caps of pens, deteriorates in humid conditions. It loses its black gloss and turns an ugly shade of greenish brown. It also scratches easily. The material is ill-suited to the marine climate of Japan, where humidity is at 60 to 80 percent all year long.

For this reason, in 1925, Namiki Manufacturing Co Ltd developed and patented a new process, creating a new material known as laccanite, by which a chemical solution containing urushi is applied to protect ebonite. Namiki proudly advertised his Black Pen as retaining it’s high gloss regardless of atmospheric conditions, even after long exposure to light, heat and humidity. It was guaranted for 30 years. Many major corporations attempted to buy Namiki’s patent but he turned then all down. Namiki was keen to exploit his invention himself. Laccanite was, however, not enough to secure Namiki as a foothold in the European and American markets, which were already dominated by Onoto, Swan, Parker and Waterman. A new idea was required. Why not use technique of maki-e, which had made the fortune of artists in the Edo era, to decorate the pens ? Namiki lost no time and consultated a leading authority, Shisui Rokkaku, a professor of the art of lacquer at the Tokyo School of Fine Arts, who thrilled by the project, entrusted two artists, Kohoh Lida and Shogo Lijima with the making of a number of prototypes.

Still in 1925, as soon as the first pen samples were ready, Ryosuke Namiki and Masa Wada undertook the long journey to Europe, the United States, Shangai and Singapore. They returned with their first orders from prestigious clients such as Cartier in Paris, Asprey in London and Tiffany in New York. One year later Namiki opened outlets in London, New York Singapore and Shangai, and launched a major advertising campaign. Orders came pouring in, faster than expected. So as to handle this success, Namiki decided to hire the full time services of Gonroku Matsuda, a former student

of Professor Rokkaku. Aged 30 at the time, Matsuda was already considered a genius in the art of lacquer, which he had been studying since the age of seven. The brief he received from Namiki was that of artistic director : he was asked to choose and train the artists and select motifs for the décors. Matsuda drew much of his inspiration from the late 18th century illustrations showing nature in Japan, its flora and fauna, as well as scenes that reflected the country ‘s customs and traditions.

But he streamlined them with the simplicity of his brush stroke, ridding them of qll that was superfluous or arcane. Matsuda, a committed patriot, sincerely believed that maki-e was an excellent vehicle for the export of Japaneese culture. He founded an association of lacquer artists. Kokko Kai ( Group od the Lightsd of the Nation), whose purpose it was to study the techniques and styles of lacquer and promote them internationally . In 1931, the group numbered close to 100 artists.

Many competitors, such as The Platinum Pen Society and Sailor, tried to imitate Namiki pens, but never succeeded in equaling their quality or reputation. Namiki was alone in benefiting from an international network, thanks to his partnership with the celebrated manufacture, distributor and retailer, Alfred Dunhill Limited.

Namiki was also the only company to have such a talented artist as Gonroku Matsuda working for them. Matsuda only remained with Namiki as a full-time employee from November 1926 to September 1927. Two reasons, compelled him to leave : the offer of the position of assistant professor at the Tokyo School of Fine Art and the commission to make the sheath of a ritual sword for the coronation of Emperor Hirohito. Nevertheless, he continued working as Namiki’s art director for the rest of his life, and his influence has endured. In a way, every Namiki pen bears his signature.

Namiki pens ( Namiki, Pilot Namiki and Dunhill Namiki ) are now considered by all the pen’s collector community as the ultimate writing instrument.

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NAMIKI “BALD EAGLE“ Fountain pen Limited Edition N° 333/700 Year 2000 Yukari size 18 K gold nib Cartridge and converter Urushi with an eagle in flight Makie work ( Togidashi / Taka-Makie ) Signed by Hyakusen Murata Mint condition

CHF 2,200 – 3,300 • HKD 18,000 – 27,000 • USD 2,200 – 3,300

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NAMIKI “GOLDFISH“ Fountain pen modern collection Year 1992 Yukari size 18 K Gold nib Cartridge and Converter Black lacquer barrel decorated with a goldfish Makie work grade B (Togidashi) Signed by Masaru Hayashi Box & certificate Never used

CHF 4,400 – 5,500 • HKD 36,000 – 45,000 • USD 4,400 – 5,500

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PILOT NAMIKI “DEAR“ Vintage fountain pen Circa 1930 Balance size 3 14 K Gold nib Lever filler ink system Makie work grade B depicting a dear Very rare theme Signed by Shoei Published in the pens guidebook of Tomihiro Murakami Vintage box Good condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

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PILOT NAMIKI “RABBIT“ Vintage fountain pen Circa 1930 Flat top size 2 14 K Gold nib Lever filler ink system Makie work grade B togidashi Rare motif Inspired by the traditional japaneese legend “Rabbit and moon” Unsigned Vintage box A little used but wonderful color

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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NAMIKI “OBANO“ Fountain pen modern edition Year 1993 Emperor size 18 K Gold nib Ink filling system pump filler Makie work depicting a quail in togidashi among other techniques Signed by Kyusai Yoshida Box & certificate Never used

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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NAMIKI “TREASURE“ Fountain pen modern edition Year 2003 Emperor size 18 K Gold nib Ink filling system pump filler Lacquer makie work grade A decorated with good luck charms Signed by Masaru Hayashi Box & certificate Never used

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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DUNHILL NAMIKI “GEISHA“ Vintage fountain pen Circa 1930 Flat top lady size 2 14 K Gold nib Lever filler ink system Hyomon makie work Very rare green color lacquer and geisha character Unsigned (rarely signed in that size) Vintage box Excellent condition

CHF 7,700 – 9,900 HKD 63,000 – 81,000 • USD 7,700 – 9,900

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DUNHILL NAMIKI “CAT“ Vintage fountain pen Circa 1930 Balance size 3 14 K Gold nib Lever filler ink system Extraordinary grade A makie work decpicting a black cat under the moon Takamakie, Hiramakie, Kirikane, raden…

Signed by Hakuko Top condition

CHF 33,000 – 44,000 HKD 270,000 – 360,000 • USD 33,000 – 44,000

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NAMIKI “SAILING BOAT“ Fountain pen Limited Edition N° 67/73 Year 2002 Emperor size 18 K Gold nib Ink filling system pump filler Lacquer makie work grade A mainly nashji-makibokashi Inspired by the Shui Sen vessels, famous historical ships in Japan Signed by Masato Sato New, never inked

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

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NAMIKI “DOUBLE GOLDFISH“ Fountain pen modern collection Year 1992 Yukari size 18 K Gold nib Cartridge and Converter Barrel entirely covered with goldpowder Makie work grade A (Takamakie) The most famous of the yukari model Signed by Hyakusen Murata Box & certificate Never used

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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PILOT NAMIKI “BUTTERFLY“ Vintage fountain pen Circa 1930 Balance lady size 2 14 K Gold nib Lever filler ink system Taka-Hira makie work grade B Published in the pens guidebook of Tomihiro Murakami Signed by Toho Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

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DUNHILL NAMIKI “KAKI“ Vintage fountain pen Circa 1930 Balance size 6 14 K Gold nib Lever filler ink system Beautiful grade B with an amazing takamakie color technique on the fruit Signed by Kohoh Vintage box A condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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NAMIKI “THUNDERGOD“ Fountain pen Limited Edition N° 71/90 Year 1997 Emperor size 18 K Gold nib Ink filling system pump filler Togidashi technique celebrating two gods in japaneese mythologie First emperor in limited edition Signed by Sakamoto Box & certificate Mint condition

CHF 18,700 – 22,000 HKD 153,000 – 180,000 • USD 18,700 – 22,000

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NAMIKI “CRANES“ Fountain pen modern edition Year 2009 Emperor size 18 K Gold nib Ink filling system pump filler Rare makie techniques of rankaku and obirame raden Signed by Kahuo Nihei Box & certificate Never used

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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NAMIKI “KABUTO“ Vintage fountain pen Circa 1930 Flat top size 4 14 K Gold nib Lever filler ink system Makie work grade A full techniques Motif of a tradional samourai helmet Original model of the modern limited edition of 2015 Unsigned Vintage box Pristine condition

CHF 22,000 – 33,000 HKD 180,000 – 270,000 • USD 22,000 – 33,000

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NAMIKI “KABUTO“ Fountain pen Limited Edition N°119/170 Year 2015 Yukari size 18 K Gold nib Cartridge and Converter Re-edition of the vintage model from the Pilot museum Makie work grade B ( Togidashi Takamakie Raden) Signed by Michifumi Never used

CHF 3,300 – 4,400 • HKD 27,000 – 36,000 • USD 3,300 – 4,400

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NAMIKI “DRAGON CHINKIN“ Fountain pen modern collection Year 2007 Emperor size 18 K Gold nib Ink filling system pump filler Rare Chinkin technique (Black urushi engraved with gold dust) Signed by Shouji Michikami Box & certificate Never used

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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NAMIKI “TOKI“ Fountain pen Limited Edition N° 4/90 Year 2008 Emperor size 18 K Gold nib Ink filling system pump filler Mix of complicated makie techniques to draw the famous japaneese Ibis bird (Raden, rankaku and takamakie) Pen produced to celebrate the 90th anniversary of the company Pilot Namiki Box & papers Signed by Yasunori Sakamoto New never inked

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

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PILOT NAMIKI “FISH“ Vintage fountain pen Circa 1930 Flat top size 6 14 K Gold nib Eye dropper ink system Ebonite with gold overlay This pen is historical because it was the last model before Ryosuke Namiki decided to use makie lacquer technique to decorate his pens.

Reference in the book of Julia Hutt and Stephen Overbury “The art of japaneese lacquer pens“ Very rare Vintage box Good condition

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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DUNHILL NAMIKI “SWALLOWS“ Vintage fountain pen Circa 1930 Balance size 3 14 K Gold nib Lever filler ink system Amazing makie work, full techniques grade A. Very rare lacquer ring. For high collector Signed by Kosai Excellent condition

CHF 33,000 – 44,000 HKD 270,000 – 360,000 • USD 33,000 – 44,000

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NAMIKI “PLOVER“ Vintage desk pen Circa 1930 Wonderful makie work with raden river set technique Signature kao of the kokokkai workshop Nice condition

CHF 4,400 – 5,500 HKD 36,000 – 45,000 USD 4,400 – 5,500

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PILOT NAMIKI “FLYING FISH“ Set of two vintage travel pens in their original box Circa 1930 14 K Gold nib Lever filler ink system Togidashi makie work Signed by Seishou Original box

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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DUNHILL NAMIKI “GOLDFISH BOX“ Vintage cigarette case Circa 1930 Silver and wood Exclusively distributed in the Dunhill shop in London Size unusual very rare Signed by Ippa Very nice condition

CHF 16,500 – 22,000 HKD 13,500 – 180,000 USD 16,500 – 22,000

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DUNHILL NAMIKI “GOLDFISH LIGHTER“ Vintage Savory lighter Circa 1930 Silver plated Inset of black urushi lacquer with togidashi work Signed by Shobi Makizawa (one of the six artists who participated at the establishment of the Kokkokai workshop) Very good condition

CHF 3,300 – 4,400 HKD 27,000 – 36,000 • USD 3,300 – 4,400

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NAMIKI “OWL“ Fountain pen Limited Edition N°181/450 Year 2002 Yukari size 18 K gold nib Cartridge and converter Makie technique togidashi and raden to represent the owl, symbol of wisdom Signed by Masato Sato Mint condition

CHF 3,300 – 4,400 HKD 27,000 – 36,000 • USD 3,300 – 4,400

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NAMIKI “MANDARIN DUCK“ Fountain pen modern collection Year 1992 Yukari size 18 K Gold nib Cartridge and Converter Black lacquer barrel decorated with makie togidashi technique Signed by Yasunori Sakamoto Box & Certificate Never used

CHF 3,300 – 4,400 • HKD 27,000 – 36,000 • USD 3,300 – 4,400

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NAMIKI “SQUIRREL“ Fountain pen modern collection Year 2007 Yukari royal size 18 K Gold nib Cartridge and Converter Black lacquer barrel decorated with gold chinkin technique Signed by Shouji Michikami Box & Certificate Never used

CHF 3,300 – 4,400 • HKD 27,000 – 36,000 • USD 3,300 – 4,400

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NAMIKI “MANEKI NEKO“ Fountain pen Limited Edition N° 33/99 Year 2016 Emperor size 18 K Gold nib Ink filling system pump filler Lacquer makie work grade A, mainly takamakie with high relief Inspired by the famous japaneese cat who brings happiness and luck Signed by Masaru Box & papers New, never inked

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

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NAMIKI “MURASAKI SHIKIBU“ Fountain pen modern collection Year 2003 Emperor size 18 K Gold nib Ink filling system pump filler Techniques togidashi hira-makie Signed by Shinsai Sakamoto Box & certificate Never used

CHF 4,400 – 6,600 HKD 36,000 – 54,000 • USD 4,400 – 6,600

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PILOT NAMIKI “BIG RED PROTOTYPE“ Fountain pen modern collection Year 1998 Emperor size 18 K Gold nib Ink filling system pump filler Red urushi lacquer with back insert Only 3 pieces were produced by Pilot and never launched on the market Referenced in the book of Andreas Lambrou “Fountain pens of Japan“ For the discerning collector

CHF 22,000 – 27,500 HKD 180,000 – 225,000 • USD 22,000 – 27,500

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DUNHILL NAMIKI “FLOWERS“ Vintage pencil Circa 1930 Amazing makie work and Hyomon on silver base Less than ten pencils produced and only sold in England Vintage box Fine condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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DUNHILL NAMIKI “IVORY GOLDFISH“ Vintage fountain pen Circa 1920 Balance size 2 14 K Gold nib Lever filler ink system Togidashi makie technique Just few pens were made on ivory base. One is viewable in the Dunhill Museum Extremely rare Illegible signature Vintage original box Small restauration can be considered but good general condition

CHF 22,000 – 27,500 HKD 180,000 – 225,000 • USD 22,000 – 27,500

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DUNHILL NAMIKI “HANNYA“ MASTERPIECE OF MASTERPIECES Vintage fountain Coming in his original Namiki box Circa 1930 Flat top size 3 / 129 mm 14 K Gold nib engraved Pilot Lever filler ink system Amazing makie work grade A+ with the most complicate techniques of raden, taka makie, hira makie and togidashi on an ebonite barrel covered by red urushi.

This museum piece is unique and comes from the most known collection of the world.

It’s definitely the greatest and most legendary Dunhill Namiki pen.

Believed to be the only surviving example of a pen performed by Gonroku Matsuda. Most famous master of this history of Namiki who found the Kokkokai school.

The pen is published on the famous cover of the bible pens collectors “The art of japaneese lacquer pens“ written by Julia Hutt and Stephen Overbury.

In 2002, Dunhill decided to re-edit this mythical pen and asked the famous makie artist Kyusai Yoshida to make 25 pieces based on the design of Gonroku Matsuda. This emperor flat top became one of the biggest success of the Namiki modern collection.

Inspired by the “Nonomiya“ story of “The Tale of Genji“ a classic of Japaneese Kabuki theatre, this pen features the mask of the celebrated female daemon, Hannya, a rictus of hate and jealously on her face, a tsuzumi celebration drum and a scattering of maple leaves, Momiji.

The Hannya pen is considered by all the pens collectors community like as the absolute grail, the ultimate pen.

CHF 330,000 – 550,000 HKD 2,700,000 – 4,500,000 • USD 330,000 – 550,000

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156

PILOT NAMIKI “GOLDFISH“ Vintage fountain pen Circa 1930 Balance size 6 14 K Gold nib Lever filler ink system Exceptional makie work grade A with nashiji gold powder The base of a Namiki collection Illegible signature Original vintage box Excellent condition

CHF 22,000 – 33,000 HKD 180,000 – 270,000 • USD 22,000 – 33,000

144

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NAMIKI “DRAGON NOBORY RYU“ Fountain pen Limited Edition N° 66/95 Year 2013 Emperor size 18 K Gold nib Ink filling system pump filler Techniques togidashi hira-makie and mother of pearl (raden) Called also “Rising Dragon” this pen was made to celebrate the 95th anniversary of the Pilot company Signed by Seiki Chida Box & papers Never used

CHF 18,700 – 22,000 HKD 153,000 – 180,000 • USD 18,700 – 22,000

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158

NAMIKI “pIGEON AND KAKI, PROTOTYPE“ Fountain pen modern collection Year 2003 Emperor size 18 K Gold nib Ink filling system pump filler Togidashi makie technique 3 pens known. Pilot launched this design in yukari size but never in emperor. Very collectible Workshop box Mint

CHF 16,500 – 22,000 HKD 135,000 – 180,000 • USD 16,500 – 22,000

146

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159

Fountain pen Limited Edition N° 298/300 Year 2003 Yukari size 18 K gold nib Cartridge and converter Makie work togidashi with bluish abalone shell raden Signed by Masato Sato Mint condition

CHF 5,500 – 7,700 HKD 45,000 – 63,000 • USD 5,500 – 7,700

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160

DUNHILL NAMIKI “TABANATA“ Fountain pen Limited Edition N° 11/15 Year 2012 Emperor size, Flat top 18 K Gold nib Ink filling system pump filler Mix of the complicated lacquer techniques: takamakie, togidashi, hiramakie and raden The most limited model of the Dunhill modern pens collection. Very speculative Signed by Seiki Chida Box & papers New never inked

CHF 55,000 – 77,000 HKD 450,000 – 630,000 USD 55,000 – 77,000

148

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161

NAMIKI “GOLDFISH“ Vintage fountain pen Circa 1930 Flat top size 3 14 K Gold nib Lever filler ink system Makie work grade B with togidashi Published in the pens guidebook of Tomihiro Murakami Reference model Signature Kokkokai Vintage box Great condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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149

162

DUNHILL NAMIKI “FROG“ Vintage fountain pen Circa 1930 Balance size 3 14 K Gold nib Lever filler ink system Amazing makie work grade A with nashiji (gold powder) for the design of the waves and taka makie high relief for the amphibian A similar model in the book “The four seasons of Namiki“ by Christophe Larquemin Unsigned (rarely signed in that size) The barrel has been cleaned and polished. Condition very high level

CHF 27,500 – 38,500 HKD 225,000 – 315,000 • USD 27,500 – 38,500

150

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DUNHILL NAMIKI “URAJIRO“ Fountain pen Limited Edition N° 31/200 Year 1999 Yukari size 18 K gold nib Cartridge and converter Black urushi barrel with fern (urajiro) in togidashi makie technique Signed by Hyakusen Murata Excellent condition

CHF 3,300 – 4,400 • HKD 27,000 – 36,000 • USD 3,300 – 4,400

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164

NAMIKI “BUTTERFLY“ Fountain pen modern collection Year 1999 Yukari size 18 K Gold nib Cartridge and Converter Makie work grade B on deep black urushi Very small production,one of the most researched yukari model Signed by Masato Sato New Never used

CHF 5,500 – 6,600 HKD 45,000 – 54,000 • USD 5,500 – 6,600

152

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DUNHILL NAMIKI “GOLDFISH INKWELL NIB“ Vintage writing instrument for desk pen Circa 1930 (early) 14 K Gold nib Makie work grade A with togidashi and taka relief techniques Exclusively sold by Dunhill in London Unsigned Excellent condition

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

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166

DUNHILL NAMIKI “WISTERIA“ Masterpiece / Unique piece Vintage fountain pen Circa 1930 Emperor size dome shaped cap 14 K Gold nib T50 Jumbo ebonite barrel covered by many layers of black urushi lacquer Flowers design made in togidashi and hira makie techniques Less than 30 fountain pens in emperor size were produced in 1930’s. Exrtremely rare. The top of a Namiki collection Some models published in the book of Jean-François Canton “The poignant beauty of the fragile things“ Signed by Kosai Presentation case Amazing condition

CHF 99,000 – 132,000 HKD 810,000 – 1.080,000 • USD 99,000 – 132,000

154

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167

NAMIKI “CONICAL PENCIL SET“ Vintage writing instruments Four pencils in their original box Circa 1930 Black urushi lacquer with gold plated ring Special order for an American jeweler Nice condition

CHF 16,500 – 22,000 HKD 135,000 – 180,000 • USD 16,500 – 22,000

156

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DUNHILL NAMIKI “GOLDFISH CLOCK“ Vintage pocket watch in his original case «La Captive» model Circa 1930 The movement is Swiss renowned Tavannes watch maker Silver hallmarked with urushi lacquer and grade A makie techniques Produced for the European market Signed by Hakusan Hakuhou Original vintage box Perfect condition

CHF 16,500 – 22,000 HKD 135,000 – 180,000 USD 16,500 – 22,000

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169

NAMIKI “COCKREL“ Vintage pencil Circa 1930 Makie work grade A with togidashi and kirikane techniques Generaly made with a simple design, the pencils full gold are particularly rare Nice condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

158

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170

DUNHILL NAMIKI “DEMONSTRATOR SET“ Vintage writing instruments Circa 1930 The set includes 2 fountain pens, 2 caps and 4 nibs Black and orange urushi, compartmentalized silver lacquer Property of Dunhill company, this set has been used by the salesmen and the sellers as a sample Rare to find on the market, few models in the Dunhill Museum and in the Overbury’s book Original case Well preserved condition

CHF 27,500 – 38,500 HKD 225,000 – 315,000 • USD 27,500 – 38,500

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171

NAMIKI “BIRD AND FLOWER“ Vintage fountain pen Circa 1930 Balance size 3 14 K Gold nib Lever filler ink system Makie work in togidashi technique grade B Kokkokai signature Good condition

CHF 7,700 – 9,900 HKD 63,000 – 81,000 • USD 7,700 – 9,900

160

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172

DUNHILL NAMIKI “CONICAL PENCIL BIRD“ Vintage writing instruments Pencil with a metallic base Circa 1930 Black urushi lacquer with bird design in togidashi makie work Signed by Shozan Small production, rare to find conical shape pencil with rounded ballasted base Very nice condition

CHF 4,400 – 5,500 HKD 36,000 – 45,000 • USD 4,400 – 5,500

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173

PILOT NAMIKI “SAKURA“ Vintage pencil Circa 1930 Long size Orange lacquer on urushi base with kirikane motif Illegible signature Excellent condition

CHF 2,200 – 3,300 HKD 18,000 –27,000 • USD 2,200 – 3,300

162

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174

NAMIKI “GOLDFISH PROTOTYPE“ Fountain pen modern collection Year 1998 Emperor size 18 K Gold nib Ink filling system pump filler Deep black urushi lacquer with goldfish design in taka and hira makie Unique piece. Prototype emperor pen never launched on the market Special order from a private collector. Exceedingly rare Original box Mint

CHF 22,000 – 33,000 HKD 180,000 – 270,000 • USD 22,000 – 33,000

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175

NAMIKI “SHOOTING STARS“ Fountain pen modern collection Year 2015 Yukari size 18 K Gold nib Cartridge and Converter High makie work with inlays of gold, silver and mother of pearl finely cut Signed by Misa Box & certificate Never used

CHF 1,100 – 2,200 HKD 9,000 – 18,000 • USD 1,100 – 2,200

164

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NAMIKI “MILKY WAY“ Fountain pen modern collection Year 2015 Yukari size 18 K Gold nib Cartridge and Converter High makie work with inlays of gold, silver and mother of pearl finely cut Signed by Michifumi Box & certificate Never used

CHF 1,100 – 2,200 HKD 9,000 – 18,000 • USD 1,100 – 2,200

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177

PILOT NAMIKI “PHOENIX“ Vintage fountain pen Circa 1970 14 K Gold nib Cartridge and Converter Makie work grade B on fine metallic base Kokkokai signature Vintage Pilot box Good condition

CHF 550 – 1,100 HKD 4,500 – 9,000 • USD 550 – 1,100

166

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DUNHILL NAMIKI “TURTLE“ Fountain pen Limited Edition 25 pieces worldwide N°16 Year 2010 Emperor size, Flat top 18 K Gold nib Ink filling system pump filler Mix of the complicated lacquer techniques : takamakie, togidashi, hiramakie and raden Signed by Michifumi Kawaguchi Very good condition

CHF 55,000 – 77,000 HKD 450,000 – 630,000 • USD 55,000 – 77,000

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167

179

DUNHILL NAMIKI “HANNYA“ Fountain pen Limited Edition N° 11/25 Year 2002 Emperor size, Flat top 18 K Gold nib Ink filling system pump filler Mix of the complicated lacquer techniques: takamakie, togidashi, hiramakie and raden The only emperor in orange color in the Dunhill collection made by the most popular artist of the modern period Signed by Kyusai Yoshida Very good condition

CHF 110,000 – 132,000 HKD 900,000 – 1.080,000 USD 110,000 – 132,000

168

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SET OF TWO NAMIKI BOOKS: “THE FOUR SEASONS OF NAMIKI“ Book published in 2009 by Christophe Larquemin English version.

1000 copies

“LA BEAUTE DES CHOSES FRAGILES“ Book published in 2013 by Jean-François Canton French version 500 copies The books will be signed by the authors for the buyer

CHF 550 – 1,100 • HKD 4,500 – 9,000 • USD 550 – 1,100

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MONTBLANC History 170

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1906, Three well-adivsed partners got the brand off the ground: the Hamburg merchant Claus-Johannes Voss, the engineer August Eberstein and the banker Alfred Nehemias.

They had just discovered the existence of a new fountain pen with its own built-in ink container, which at the time was a huge step forward. The three visionaries set up their factory in the Schanzen district of Hamburg, Germany and started making these easyto-use fountain pens. They wanted to produce them in small quantities, but striving for the highest quality. The company was called Simplo Filler Pen Company. In 1908, they launched their first collection of fountain pens “The Red and the Black”. They are black ebonite with a red cap. This pen fast became successful. The “ads” of the time praise its qualities: the fountain pen that no longer stains! ... For the first time, the new pen is named Montblanc, after the majestic snowy summit whose six glaciers form a red star when seen from the sky which it sports as a logo on the cap. This name is registered as a registered trademark, and the pen becomes so successful that the Simplo Filler Pen Company becomes Montblanc Simplo GMBH. The brand starts turning towards the rest of the world, especially in Europe.

1924, The Meisterstück gave the brand legendary status. This was the year that the brand began its major breakthrough by creating the Meisterstück which means “master piece” in German. This timeless pen is fascinating. It is a revolution in the writing industry and the number 4810 is written on the pen, the height of Mont Blanc as measured at the

time. Raised to the status of an art object, this legendary pen became part of the permanent collection of the New York Museum of Modern Art. The 80s represent the peak of the model, with ever more invaluable variations. The most famous pen from the Meisterstück collection is the 149. It reaches the level of supreme luxury in its Meisterstück Solitaire Royal version set with 4810 individually carved diamonds of 35 facets. The 149 very quickly became the emblem of writers and politicians, the sign of recognition of an elite.

1987 Its diversification anchors Montblanc in the luxury industry: the pen manufacturer embarks on work on leather goods. The challenge: to uphold the values of its origins, its culture, its power and its know-how without tarnishing its image. Ten years later, Montblanc releases its first watches, made from the craftsmanship of Swiss master watchmakers.

2003, Starwalker enshrines Montblanc in modernity. This pen represents a new generation of writing invented by Montblanc.

Between the traditional values of know-how inherent to the brand and the most innovative design, Montblanc offers the most contemporary luxury pen developed under the most rigorous manufacturing standards.

For over 100 years, Montblanc has been the leader in the market for writing implements.

But the success of the legendary Meisterstück has not stopped the brand from constantly renewing itself and continuing to amaze, more inventive than ever.

« LA CULTURE DE L’ECRIT » BARBRO GARENFELD et DIETMAR GEYER H.F. ULLMANN EDITIONS BRANN TRANSLATIONS

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MONTBLANC 149 SILVER CAPRINGS Green striated celluloid Telescopic pistonfiller Nib Montblanc 14c 149 three-tone In all components from the ‘50ies With vintage Montblanc box Mint condition/never inked

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

172

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Montblanc 149 Silver Caprings Grey striated celluloid Telescopic pistonfiller Nib Montblanc 18c 149 three-tone In all components from the ‘50ies With vintage Montblanc box Mint condition/never inked

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

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183

Montblanc 6 Giraffe Exceedingly rare Gold 585 Safety eyedropper filler nr 6 long size Solid Gold snake clip Nib Simplo 14k 6 heart-vent Ca 1925 Excellent condition

CHF 22,000 – 27,500 HKD 180,000 – 225,000 • USD 22,000 – 27,500

174

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184

Montblanc 4 Long Silver Safety Silver 900 barleycorn Big enamel star Safety eyedropper filler nr 4 long size Nib 14 CARAT 4 heart-vent Ca 1928 With box Excellent condition

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

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185

Montblanc 4 Rouge Et Noir Gold 18kr barleycorn ROUGE ET NOIR engraved on the caplip Big red star Safety eyedropper filler nr 4 Nib Simplo 14k 4 heart-vent Ca 1921 Excellent condition

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

176

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Montblanc Masterpiece 25 Lapis Lazuli Very rare Lapis Lazuli celluloid Wonderful color Perfect imprints Exceedingly rare For a similar pen see Rosler p75 Push-knob filler nr 25 Meisterstuck Nib 18 ct 25 Box & papers Ca 1933 Excellent condition

CHF 22,000 – 27,500 HKD 180,000 – 225,000 • USD 22,000 – 27,500

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187

Montblanc Masterpiece 35 Burgundy Rare burgundy celluloid Perfect imprints Push-knob filler nr 35 Capolavoro Nib 18 ct 35 Ca 1933 Excellent condition

CHF 7,700 – 9,900 HKD 63,000 – 81,000 • USD 7,700 – 9,900

178

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188

Montblanc 6 Silver Filigree Silver 900 with a extraordinary filigree Safety eyedropper filler nr 6 long size Solid silver snake clip Nib Simplo 14k 6 heart-vent With box Ca 1925 Excellent condition

CHF 27,500 – 33,000 HKD 225,000 – 270,000 • USD 27,500 – 33,000

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189

Montblanc Set 128pl Masterpiece Platinum Platinum celluloid Set with Pix pencil 71PL Perfect imprints Push-knob filler nr 128pl Masterpiece Nib 14 ct 4810 two-tone 245 With box Ca 1937 Excellent condition

CHF 7,700 – 9,900 HKD 63,000 – 81,000 • USD 7,700 – 9,900

180

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190

Montblanc 122 Masterpiece Rose Gold Rose Gold 585 S Made by Sarastro in Pforzheim Small enamel star Push-knob filler nr 122 Masterpiece Nib 14c 4810 two-tone 220 With box Ca 1936 Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

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191

Montblanc 2 Leverfiller Silver Silver 900 barleycorn Leverfiller nr 2 long size Big enamel star Nib 14 CARAT 2 heart-vent Ca 1926 Very good condition

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

182

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192

Montblanc Set K122 Masterpiece Lapis Lazuli Very rare Lapis Lazuli celluloid Wonderful color Perfect imprints Push-knob filler nr k122 Masterpiece high-top Set with matching pencil Nib 14 CARAT M Ca 1935 Excellent condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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193

Montblanc 2 Niello Silver Spider Silver 900 with a very rare Spider & Web in Niello Safety eyedropper filler nr 2 Big enamel star Nib 14 CARAT 2 heart-vent Ca 1925 Excellent condition

CHF 13,200 – 16,500 HKD 108,000 – 135,000 • USD 13,200 – 16,500

184

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194

Montblanc 17 1/2 Malachite Green Rare Malachite celluloid Perfectly preserved color Perfect imprints Push-knob filler nr 17 1/2 Nib 14 CARAT M With box & papers Ca 1933 Excellent condition

CHF 3,300 – 4,400 HKD 27,000 – 36,000 • USD 3,300 – 4,400

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195

Montblanc Stylographe Mottled Red mottled celluloid Perfect imprints Push-knob filler nr 422 long size Needle point Ca 1935 Excellent condition

CHF 2,200 – 3,300 HKD 18,000 – 27,000 • USD 2,200 – 3,300

186

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196

Montblanc Silver Leverfiller Silver 900 barleycorn Leverfiller nr 1 Big enamel star Silver snake clip Nib 14 CARAT 1 heart-vent With box and papers Ca 1925 Very good condition

CHF 7,700 – 9,900 HKD 63,000 – 81,000 • USD 7,700 – 9,900

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197

Montblanc Baby Toledo Rare Toledo work Rosler p56/71 Safety eyedropper filler baby size Nib Montblanc 14c 0 hear-vent Ca 1925 Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

188

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198

Montblanc Baby Niello Silver Silver 900 with very rare clover Niello inlay Safety eyedropper filler baby size Nib Montblanc 14c 0 heart-vent In his tiny “Montblanc baby” box Ca 1925 Very good condition

CHF 5,500 – 7,700 HKD 45,000 – 63,000 • USD 5,500 – 7,700

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199

Montblanc Baby Red Mottled Red mottled hard rubber Rosler p71 Perfect imprints Safety eyedropper filler baby size Nib Simplo 14k 0 heart-vent Ca 1923 Excellent condition

CHF 4,400 – 6,600 HKD 36,000 – 54,000 • USD 4,400 – 6,600

190

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200

Montblanc Baby Silver Spider & Web Silver 900 Very rare spider filigree Rosler p59 / p71 Safety eyedropper filler baby size Nib Simplo 14k 0 heart-vent Ca 1923 Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

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191

201

Montblanc Set Masterpiece K25 Black & Pearl celluloid Perfect imprints Push-knob filler k25 Meisterstuck high top Rosler p65 Nib 14 ct 4810 220 two tone Set with matching pencil nr 54 Ca 1933 Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

192

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202

Montblanc Silver Pencil 10 Silver 900 Beautifully engraved solid silver Long size nr 10 Twist-mechanism propels the lead Enamel star With box Ca 1930 Very good condition

CHF 2,200 – 3,300 HKD 18,000 – 27,000 • USD 2,200 – 3,300

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203

Montblanc Early Rouge Et Noir Gold 18 kr Big red star Early knurling at top and mechanism ROUGE ET NOIR engraved on the caplip Montblanc accomodation clip Safety eyedropper filler nr 2 Nib Simplo 14k 2 heart-vent Ca 1919 Excellent condition

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

194

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204

Montblanc Silver 1 «Vine» Pattern Silver 900 beautifully hand engraved Silver snake clip Safety eyedropper filler nr 1 Nib Montblanc 14 ct 1 heart-vent Ca 1926 Excellent condition

CHF 5,500 – 7,700 HKD 45,000 – 63,000 • USD 5,500 – 7,700

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195

205

Montblanc Masterpiece K20 Silver High Top Silver 900 S Made by Sarastro in Pforzheim Push-knob filler k20 meisterstuck Rosler p65 Small enamel star Nib 14 ct 4810 220 Ca 1933 Excellent condition

CHF 8,800 – 11,000 HKD 72,000 – 90,000 • USD 8,800 – 11,000

196

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206

Montblanc 4 Octogonal Gold Gold 585 barleycorn Safety eyedropper filler nr 4 Big enamel star Nib 14 CARAT 4 heart-vent Ca 1928 Excellent condition

CHF 11,000 – 13,200 HKD 90,000 – 108,000 • USD 11,000 – 13,200

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197

207

Montblanc Set 221 Burgundy High Top Rare burgundy celluloid Perfect imprints Push-button filler nr 221 Set with matching pencil nr 57 Nib 14 CARAT 1 Ca 1934 Excellent condition

CHF 3,300 – 4,400 HKD 27,000 – 36,000 • USD 3,300 – 4,400

198

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208

Montblanc 2 J-Nib Gold Gold 585 greek key Safety eyedropper filler nr 2 Big enamel star Rare Montblanc 14 CARAT 2 heart-vent J-nib Ca 1928 Excellent condition

CHF 4,400 – 6,600 HKD 36,000 – 54,000 • USD 4,400 – 6,600

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209

Montblanc Masterpiece K20 Azurit High Top Azurite blue celluloid Perfectly preserved blue color Perfect imprints Push-knob filler nr k20 Meisterstuck Nib 14 ct 4810 220 Ca 1933 Excellent condition

CHF 3,300 – 4,400 HKD 27,000 – 36,000 • USD 3,300 – 4,400

200

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210

Montblanc Set 221 Gold High Top Gold 18 kr barleycorn Push-button filler nr 221 Set with matching pencil nr 57 Nib 14 CARAT M With box Ca 1935 Excellent condition

CHF 5,500 – 7,700 HKD 45,000 – 63,000 • USD 5,500 – 7,700

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201

211

Montblanc Baby Silver & Enamel Very rare silver guilloche with a yellow enamel overlay Rosler p59 / p71 Safety eyedropper filler short baby size Nib Simplo 14k 0 heart-vent Ca 1925 Excellent condition

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

202

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212

Montblanc Baby Gold «Coat Of Arms» Gold 18 kr beautiful repousse work Ringtop Safety eyedropper filler baby size Nib Montblanc 14 ct 0 heart-vent Ca 1927 Excellent condition

CHF 6,600 – 8,800 HKD 54,000 – 72,000 • USD 6,600 – 8,800

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203

213

Montblanc Baby Gold Rouge Et Noir Gold 18 kr Red star Ringtop ROUGE ET NOIR engraved on the caplip Safety eyedropper filler baby size Nib Montblanc 14 ct 0 heart-vent Ca 1922 Excellent condition

CHF 5,500 – 7,700 HKD 45,000 – 63,000 • USD 5,500 – 7,700

204

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214

Montblanc Baby Gold & Enamel Gold 18 kr barleycorn with blue enamel bands Safety eyedropper filler baby size Nib 14 CARAT 00 heart-vent Ca 1925 Excellent condition

CHF 3,300 – 5,500 HKD 27,000 – 45,000 • USD 3,300 – 5,500

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205

215

Montblanc Baby Gold Gold 585 barleycorn Safety eyedropper filler baby size Nib 14 CARAT 00 heart-vent Ca 1925 Excellent condition

CHF 3,300 – 5,500 HKD 27,000 – 45,000 • USD 3,300 – 5,500

206

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216

Montblanc Early Baby Black hard rubber with a white captop The first production baby Also the smallest baby A tad shorter than the regular short one Safety eyedropper filler shortest baby size Nib 14 KAR 0 heart-vent Although not yet branded Montblanc, this is the original nib for this very first baby Montblanc Perfect MONT^BLANC imprint on the cap Ca 1914 Excellent condition

CHF 2,200 – 3,300 HKD 18,000 – 27,000 • USD 2,200 – 3,300

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207

217

Montblanc TRAVELLERS Salesman Case One layer in red velvet for 20 pens Three compartments for spares and boxes With some accessoires Ca 1934 Very good condition

CHF 6,600 – 8,800 • HKD 54,000 – 72,000 • USD 6,600 – 8,800

208

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INDEX

ALPHABETICALLY LISTED WITH LOT NUMBER REFERENCES

[A] A.Lange & Sohne:....................................... 375 Airain:.......................................................... 261 Angelus:...................................................... 615 Aquastar:..................................................... 453 ATO:............................................................ 231 Audemars Piguet:.... 251, 355 to 359, 516, 517, . ............................................ 570, 606, 719, 720 Aviation:....................................................... 267 [B] Blancpain:............................ 372, 373, 697, 721 Blu:.............................................................. 698 Breguet:... 262, 263, 353, 381 to 384, 567, 634, . .................................................... 646, 717, 718 Breitling:... 265, 266, 268, 269 to 280, 431, 704 Bulgari:........................................................ 378 [C] Cartier:................................. 352, 368, 377, 525 Certina:........................................................ 460 Charles Oudin:............................................ 469 Chopard:...................................................... 699 Chronoswiss:.................... 360, 363, 506 to 514 Clerk:........................................................... 608 Cornavin:..................................................... 630 Corum:......................................................... 706 Cristal Watch:.............................................. 456 [D] De St. Leu:...................................................... 1 Defossez:.................................................... 249 Dodane:....................................................... 260 Du Pont:...................................................... 632 [E] E. White:...................................................... 246 Ebel:............................................................ 569 Eberhard & Co.:........................................... 625 Ed. Jeager:.................................................. 551 Enicar:......................................................... 452 Eresco:........................................................ 463 Eterna:......................................................... 671

Eugene Lecoultre:....................................... 297 [F] F.P. Journe:.......................................... 524, 648 Faberger:..................................................... 380 Favre Leuba:....................................... 457, 529 Franc Vila:................................................... 702 Franck Muller:.............................................. 350 [G] Gerald Genta:.............................................. 700 Girard Perregaux:.344 to 349, 459, 616, 651 to . .................................................................... 656 Glashütte:......................... 362, 522, 642 to 645 Gregson:.......................................................... 7 Gübelin:....................................................... 672 [H] Harry Winston:............................. 379, 526, 527 Hermes:............................................... 230, 232 Heuer:.... 430, 447 to 449, 451, 637 to 640, 680 Huguenin:.................................................... 299 [I] Ikepod:......................................................... 705 ImHof:.......................................................... 476 IWC:............ 36 to 122, 600, 674, 708, 712, 716 [J] J. & B.:........................................................... 23 Jacques Coulin:............................................... 6 Jaeger-LeCoultre:.299, 233 to 243, 364 to 367, . .. 369 to 371,442, 518, 519, 523,555, 573, 574, ............................ 623, 629, 635, 636, 673, 714 Jaqcuet Droz:................................................ 35 [L] La Esmeralda:............................................. 552 Lémania:...................................................... 464 Lange & Söhne:........... 376, 520, 528, 617, 657 Le Roy:........................................................ 609 Le-Coultre:........................................... 479, 622 Leo Juvet:............................................ 291, 473 Leroy & Fils:................................................ 613 Longines:.................. 252 to 254, 466, 602, 670

ALPHABETICALLY LISTED WITH LOT NUMBER REFERENCES

Louis Audemars:.................................. 295, 620 [M] Masterpiece Geneve:.................................. 554 Mathey-Tissot:............................................. 264 Montblanc:........................................ 181 to 217 [N] Namiki:.............................................. 123 to 180 [O] Omega:....................... 227, 228, 361, 426, 427, ..... 434, 465, 556 to 559, 572, 575 to 599, 601, . ................................. 603, 604, 624, 675 to 679 Orvis:................................................... 626, 641 [P] Panerai:....... 354, 374, 649, 650, 696, 713, 727 Parmigiani Fleurier:..................................... 351 Patek Philippe:........ 385 to 387, 390, 395, 399, ...............406 to 411,530 to 538, 541, 542, 545, .................................... 547, 605, 607, 722, 726 Ref. 96:........................................................ 536 Ref.130:............................................... 398, 744 Ref. 404:...................................................... 392 Ref. 533:...................................................... 539 Ref. 539:...................................................... 396 Ref. 600:...................................................... 391 Ref. 652:...................................................... 414 Ref.685:....................................................... 389 Ref. 972:...................................................... 412 Ref. 1513:.................................................... 404 Ref. 1589:.................................................... 400 Ref. 2452:.................................................... 401 Ref. 2461:.................................................... 397 Ref. 2472:.................................................... 393 Ref. 2525:.................................................... 394 Ref. 2526:.................................................... 540 Ref. 3417:.................................................... 403 Ref. 3445:.................................................... 402 Ref. 3700:............................................ 544, 741 Ref. 3710:.................................................... 549 Ref. 3718:.................................................... 405

INDEX

Ref. 3796:.................................................... 422 Ref. 3800:............................................ 546, 548 Ref. 3919:.................................................... 416 Ref. 3940:.................................................... 420 Ref. 3970:.................................................... 723 Ref. 3974:.................................................... 725 Ref. 5000:.................................................... 421 Ref. 5004:.................................................... 425 Ref. 5014:.................................................... 415 Ref. 5100:.................................................... 417 Ref. 5140:.................................................... 419 Ref. 5167:.................................................... 418 Ref. 5575:.................................................... 543 Ref. 5724:............................................ 742, 743 Ref. 5905:.................................................... 550 Ref. 5971:.................................................... 724 Ref. 6102:.................................................... 423 Ref. 8980:.................................................... 413 Paul Bovet:.................................................. 298 Paul Matthey-Doret:.................................... 300 Perrelet:....................................................... 707 Piaget:.............................................. 562 to 565 Picard & Cie.:.............................................. 480 Protil:........................................................... 437 [R] Rado:........................................................... 436 Record:........................................................ 440 Reutter:........................................................ 244 Robert & Courvoisier:...................................611 Robin:.......................................................... 248 Roger Dubuis:............................................. 710 Rolex:................... 218 to 221, 223 to 226, 302, ........... 304, 312, 315, 324, 424, 484, 485, 501, .................................. 502,505, 666, 692 to 694 Ref. 1002:.................................................... 316 Ref. 1165:.................................................... 695 Ref. 1600:.................................................... 320 Ref. 1601:............................................ 318, 319 Ref. 1655:.................................................... 730

INDEX

ALPHABETICALLY LISTED WITH LOT NUMBER REFERENCES

Ref. 1665:............................................ 496, 665 Ref. 1675:.............308, 310, 311, 313, 492, 493 Ref. 1802:.................................................... 323 Ref. 1803:.................................................... 322 Ref. 2508:............................................ 305, 307 Ref. 2940:.................................................... 301 Ref. 3055:.................................................... 498 Ref. 3330:.................................................... 306 Ref. 3458:.................................................... 303 Ref. 3484:.................................................... 659 Ref. 3525:.................................................... 499 Ref. 3529:.................................................... 658 Ref. 5513:.................... 314, 326, 490, 494, 495 Ref. 6034:.................................................... 669 Ref. 6234:............................................ 661, 684 Ref. 6238:.................................................... 660 Ref. 6240:............................................ 500, 685 Ref. 6263:............................................ 683, 686 Ref. 6265:.................................................... 687 Ref. 6304:.................................................... 317 Ref. 6538:.................................................... 497 Ref. 6542:.................................................... 309 Ref. 9081:.................................................... 571 Ref. 16519:.................................................. 736 Ref. 16520:.330, 331, 667, 668, 688, 689, 731, . .................................................................... 733 Ref. 16528:.................................................. 740 Ref. 16570:.................................................. 487 Ref. 16610:.......................................... 729, 738 Ref. 16613:.................................................. 328 Ref. 16700:.................................................. 728 Ref. 16710:.................................................. 491 Ref. 16803:.......................................... 327, 329 Ref. 17013:.......................................... 486, 504 Ref. 18239:.......................................... 321, 682 Ref. 116519:................................................ 735 Ref. 116520:........................ 503, 690, 732, 734 Ref. 116589:................................................ 737 Ref. 116900:................................................ 739

Ref. 1167595:.............................................. 691 [S] Sarcar:......................................................... 560 Seaborad-Yacht:.......................................... 458 Starter:......................................................... 428 [T] Tag Heuer:........................................... 429, 450 Ticin:............................................................ 462 Tiffany & Co.:............................... 388, 614, 703 Tissot:.......................................................... 438 Trusty:.......................................................... 250 Tudor:............... 325, 488, 489, 662 to 664, 681 [U] Ulysse Nardin:............................. 441, 521, 628 Universal Genève:.432, 433, 439, 627, 631, 633 [V] Vacheron Constantin:...... 332 to 343, 553, 561, . ........................................... 566, 618, 619, 647, . .....................................................709, 711, 715 Verger Frère:............................................... 568 Vianney Halter:............................................ 701 [W] Wadsworth/Tavannes:................................. 446 Williamson:.................................................. 293 [Z] Zenith:...................................... 255 to 259, 515 Zodiac:................................. 435, 454, 455, 461

IMPORTANT NOTICES STATEMENT OF CONDITION Antiquorum provides descriptions of watches and clocks and their condition in this catalogue as a service to prospective buyers. Any such description or condition are statements of opinion for general guidance and should not be treated as statements of fact. All lots are sold “AS IS” at the moment of “knockdown” and cannot be returned on the grounds that repairs have been made or parts supplied by anyone than the named makers. All watches shall be viewed personally to evaluate their condition prior to the auction.

Although we endeavor to mention in our descriptions significant defects, needed repairs, absent stones and the like, we do not guarantee that the descriptions are comprehensive.

Please note that descriptions may not specify all mechanical defects, replacement of original parts, or authenticity of individual component parts (such as wheels, hands, crowns, crystals, screws, bracelets, buckles, deployant clasps and leather bands since subsequent repairs and restoration work may have resulted without Antiquorum’s knowledge.) Furthermore, we make no judgments as to whether diamond

dials or diamond bezels originated at the factory or are later additions.

We do not guarantee the accuracy or operation of any watch function such as timekeeping, chronograph, calendar, repeat or register. Buyers are advised that boxes, certificates or any other accessories are not available unless stated otherwise.

The dimensions given in the catalogue descriptions are overall tip-to-tip and most often include the lugs. Buyers of water-resistant and waterproof watches are strongly encouraged to have such watches inspected by a competent watchmaker of their choice upon purchase since these watches have been opened by the Antiquorum watch experts during cataloging. Watches may not be taken apart whilst on view without consent of Antiquorum’s watch experts.

Antiquorum will accept requests for condition reports with additional photographs via email at geneva@antiquorum.swiss. To best accommodate any requests, please submit all inquiries no later than two days prior to the sale date. Kindly limit the number of requests to the lots of serious interest. Antiquorum shall have no responsibility for any error or omission in the condition

reports and may not specify all mechanical replacements, imperfections, repairs, restorations or the effects of aging in the movement, case or dial.

• Antiquorum Geneva now takes credit cards as payment for lots won at auction.

• 1.8% service charge for MasterCard and Visa and 2.59% charge for American Express.

• For buyers having paid by credit card, a shipping delay of 3 to 7 working days may apply in order to do additional controls.

BUYER’S PREMIUM In addition to the hammer price, the buyer’s premium is payable as follows: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% for all amounts in excess of CHF 1,500,001.

EXTRA FEES For users of Auction.fr bidding platform, extra fees (3% of the hammer price) will be charged.

For users of Invaluable bidding platform, extra fees (5% of the hammer price) will be charged.

For users of Antiquorum bidding platform, there won’t be any extra fees.

IMPORT/EXPORT RESTRICTIONS AND TAXES Buyers are advised that Antiquorum will remove bands made of materials derived from endangered or otherwise protected species (i.e. alligator, caiman, lizard, snake…) prior to shipping lots abroad.

Buyers are responsible for compliance with any applicable export and import regulations. Moreover certain items made of tortoiseshell, ivory may be subject to importation restrictions in certain countries. Please consult your local customs authority for information on importing items made of these materials. The Buyer is responsible for the payment of all applicable import and export duties and taxes related to the lots purchased.

SHIPPING AND INSURANCE Winning lots (watches only) will be available for pick up at our Geneva office for buyers having selected the collect point Geneva and at our Hong Kong office for buyers having selected the collect point Hong Kong.

All others will be shipped directly to their location as per buyer‘s instructions.

Please note that buyers are responsible for all shipping fees and any other applicable fees including value added tax, customs duties etc… for importation to their respective countries.

THE AUCTION PROCESS The auction process is not as daunting as you may think, especially if you have selected Antiquorum as your auctioneer. antiquorum and its team of experts strive to help you, the client, buy and sell at auction with ease and confidence. To walk you through the process, antiquorum has outlined the important steps you should know in order to successfully purchase or consign timepieces at auction.

THE AUCTION CATALOGUE

{ printed or online }

THE BUYER Lot descriptions provide technical data carefully compiled by our experts for each lot in the sale and are often enhanced by historical or bio graphical comments.

• Estimates are listed at the end of each lot description and are an indication of the price range the lot is expected to fetch. Estimates do not include the buyer’s premium or sales tax.

• An estimate indicated by three stars ***, advises clients to contact Antiquorum for more information.

• Condition Reports are given for each lot in the catalogue based on a grading system developed by Antiquorum’s experts. This grading system is explained at the end of the auction catalogue.

• Buyers are advised to read the Conditions of Sale (at the end of the auction catalogue or online) and Important Notices (at the beginning of the auction catalogue or online) before bidding at auction.

• Auction catalogue can be viewed at www.antiquorum.swiss .

REGISTERING TO BID IN THE TRADITIONAL AUCTION Each client wishing to bid at auction is required to register at the latest two hours before the sale. Clients may register the morning of the sale, beginning at 9:00 a.m., at the auction venue. Clients will be able to pick up their bidding paddles on the day of the sale, prior to the auction, just outside the saleroom.

BIDDING IN THE SALEROOM Los offered for sale are auctioned in numerical order as they appear in the catalogue. The lot being auctioned is announced by the auctioneer, as well as shown live or illustrated on a screen at the front of the saleroom. Bidders are advised to have the auction catalogue to hand during the sale for reference.

ABSENTEE BIDDING [WRITTEN BIDS] If you are unable to bid in person at the auction, you can submit an absentee or written bid. Bid forms are found in every auction catalogue, as well as on Antiquorum’s website at

www.antiquorum.swiss, and can be requested at preview exhibitions or from any Antiquorum office (see the list of worldwide offices). Bid forms should be completed and signed, then faxed to Antiquorum at fax. +41 (0) 22 909 28 60 or emailed to bids@antiquorum. swiss. E-mail bids can be submitted, but must be followed-up with a signed bid form. Absentee bids will be processed on your behalf at auction by Antiquorum’s staff.

This service is free of charge and Antiquorum’s staff will execute the bids at the lowest possible price, taking into account the reserve and other bids.

Antiquorum cannot be held responsible for errors, omissions or late-arriving bids. In the event that two identical bids are received, the first bid received

by Antiquorum will take precedence. It is very important that the bidder lists a daytime telephone number in case any part of the bid form is unclear. It is advisable to send the bid form in good time before the auction, especially in the case of new buyers, whose bank references will be checked.

Bids submitted in a foreign currency will be converted to CHF using the exchange rate on the day of the sale.

prospective buyers are encouraged to view and examine lots offered for sale prior to making their purchases.

TELEPHONE BIDS You may also participate in Antiquorum auctions by telephone. This service is free of charge and telephone bids will be executed by an Antiquorum staff member in the saleroom.

All telephone bids must be confirmed in writing on a completed bid form. Please provide the telephone number(s) at which you can be reached during the sale. Bid forms should be completed and signed, then faxed to Antiquorum at fax. +41 (0) 22 909 28 60 or emailed to bids@antiquorum.swiss.

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*PLEASE NOTE THAT ALL BID CANCELLATIONS MUST BE RECEIVED IN WRITING.

AUCTION PREVIEWS Previews are conducted by Antiquorum prior to each auction and details of these exhibitions are found at the beginning of every catalogue or online.

Previews are open to the public and

}

CLIENTS ARE ADVISED TO MAKE ARRANGEMENTS FOR TELEPHONE BIDS AT LEAST TWO DAYS BEFORE THE SALE.

Antiquorum will call you during the auction approximately 3 to 10 lots before the lot(s) on which you wish to bid. Language assistance for telephone bidding is available in English, French, German, Italian, Mandarin, Cantonese and Japanese.

Please note that all bid cancellations must be received in writing.

CURRENCY CONVERSION Auctions are conducted in Swiss Francs in Geneva, and in HK Dollars in Hong Kong. A currency conversion board is made available in each saleroom and online, indicating approximate exchange rates for various major currencies.

BIDDING INCREMENTS Bidding usually opens below the low estimate figure of each lot and generally advances in increments of 10%, for example:

VALUES INCREMENTS*

from CHF from CHF from CHF from CHF from CHF from CHF

500 to 1,000

by CHF 1,001 to 2,000

by CHF 2,001 to 5,000

by CHF 5,001 to 10,000

by CHF 10,001 to 20,000

by CHF 20,001 at the auctioneer’s discretion

(*) The auctioneer may adjust the bidding increments at his/her discretion.

50 100 200 500 1,000

SUCCESSFUL BIDS When the auctioneer’s hammer falls, the final bid has been reached and the auctioneer will record the bidder’s paddle number, or the absentee bid number. If your bids have been successful, you will be notified by means of an invoice sent by e-mail. You are also welcome to call Antiquorum the day after the auction to request the outcome of your bids.

LOTS SOLD WITHOUT RESERVE When the entire first part of the description is in red, this indicates that the lot is to be sold without reserve, as is also stated beneath or alongside the description.

SALES RESULT Price lists are made available online at www.antiquorum.swiss approximately six hours after the end of each auction.

PAYMENT Payment for purchased lots at any Anti quorum auction is due within 7 days of

the sale date.

• For traditional auctions, the buyer’s premium is: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% for all amounts in excess of CHF 1,500,001.

• Extended payment terms or special credit terms can be arranged on occasion.

• For information regarding payment policies, please contact accounting department at Antiquorum Geneva, tel. +41 (0) 22 909 28 50.

• PAYMENT METHODS Payment may be submitted in cash, by wire transfer, check (not applicable with Antiquorum Geneva) or credit card (restrictions apply).

• WIRE TRANSFER Please refer to the wire transfer instructions as shown on your customer invoice.

• CASH is limited to the equivalent of CHF 10,000.

• CREDIT CARDS Major credit cards are accepted (1.8% service charge for MasterCard and Visa and 2.59% charge for American Express).

COLLECTION For collection of lots purchased, the buyer will need to contact Antiquorum

with instructions. Collection of purchased lots can only take place once the invoice has been paid in full. For more details, contact Antiquorum Geneva, tel. +41 (0) 22 909 28 50.

SHIPPING & INSURANCE Winning lots (watches only) are available for pick up at our Geneva office for buyers having selected the collect point Geneva and at our Hong Kong office for buyers having selected the collect point Hong Kong.

All others will be shipped directly to their location as per buyer‘s instructions.

Please note that buyers are responsible for all shipping fees and any other applicable fees including value added tax, customs duties etc… for importation to their respective countries.

1% of the hammer price plus premium will be charged to cover the insurance liability, as according to law once the hammer falls the buyer is responsible for the insurance of the lot.

Please note Antiquorum is not responsible for shipping clocks, furnitures, voluminous and/or fragile items. Our shipping department will assist you in choosing a third party crating service.

ONLINE BIDDER REGISTRATION The registration process for online interactive bidding and online absentee bidding is similar to that used for traditional telephone and absentee bidding. On Antiquorum’s fully secure website, www.antiquorum.swiss, the following steps must be completed by prospective buyers: • Register, providing the bidder’s name, address, telephone number, email address, and a requested credit limit for online bidding. NOTE: First time bidders are required to provide a valid ID (passport, identity card or driver licence). In some cases, Antiquorum may impose a credit limit to the online applicant, in which case the amended credit limit will be communicated to the client upon receipt of the registration form.

• Accept Antiquorum’s terms and conditions of sale.

• Submit registration form to Antiquorum’s fully secure website.

• Approved bidders will receive an email confirmation with a paddle number and PIN (Personal Identity Number)..

Once the auction catalogue is available online, prospective buyers can register or place absentee bids online. Absentee bids are accepted online up until two hours prior to the start of the live interactive auction. On auction day, registered online bidders connect to www.antiquorum.swiss to follow instructions for live interactive bidding.

For collectors who simply want to follow the live auction in progress, no registration is needed to view a live internet broadcast made available on auction day. For additional information about the online bidding system, terms and conditions of use and sale, please visit www.antiquorum.swiss.

ONLINE INTERACTIVE AND ABSENTEE BIDDING Antiquorum’s fully secure online interactive bidding system allows prospective buyers to place interactive bids and absentee bids directly through www.antiquorum. swiss for all traditional auctions worldwide. Especially designed to offer the suspense and excitement of a traditional auction room, Antiquorum’s online interactive bidding system allows buyers worldwide to bid as safely and comfortably as if they were in the saleroom.

THE SYSTEM OFFERS MANY FEATURES TO FACILITATE THE ONLINE BIDDING PROCESS: • The lot number with its image and description.

• Bid history for all previous bids on the current lot buyers are bidding upon.

• A countdown icon (Adapted to each user’s connection speed) indicating the time left for bidding.

• Access to a HELP LINE in the event of a connection failure.

• Auction monitoring in major currencies, including the bidder’s preferred currency.

• View of the paddle number and the location (room or online) of the person bidding at that moment.

Antiquorum’s online interactive bidding system also offers buyers the option to place an online absentee bid.

Absentee bids are accepted by the online server up to three hours before the start of the live interactive auction. To help familiarize prospective buyers with Antiquorum’s online bidding system, a bidding simulator is available on www.antiquorum.swiss.

CONDITIONS DE VENTE La présente vente aux enchères est une vente aux enchères publique tenue par la maison Antiquorum Genève SA (ci-après : Antiquorum). La participation à la vente aux enchères et/ou l’achat d’un quelconque lot implique une adhésion totale à tous les droits et obligations découlant des présentes Conditions de vente. Les Avis Importants contenus dans ce catalogue sont considérés comme partie intégrante des Conditions de vente. Sauf en cas d’amendement effectués à la seule et entière discrétion d’Antiquorum, par affichage d’avis ou par annonce orale pendant la vente aux enchères ou de tout autre manière, ces Condition de vente, les Avis Importants, ainsi que le contenu du catalogue constituent une description complète des conditions générales par lesquelles la vente aux enchères est conduite, et ne pourront être amendées, à l’exception d’une décision écrite d’Antiquorum.

Sauf décision écrite contraire d’Antiquorum, ces Conditions de vente s’appliqueront aux ventes aux enchères ainsi qu’aux autres ventes conduites par Antiquorum. Antiquorum agit exclusivement comme mandataire et n'assume donc aucune responsabilité quelconque en cas de manquement(s) des acquéreurs et/ou vendeurs. Ces mêmes conditions sont applicables à toute transaction en relation à des pièces ou des lots faisant partie de la vente aux enchères et conclue en dehors de celle-ci. La vente aux enchères est conduite par un Huissier judiciaire de la république et du canton de Genève (ci-après : l’Huissier). L’Huissier lira les clauses essentielles avant le commencement des enchères. Les présentes conditions sont à disposition de tous intéressés. Elles sont affichées dans le local des ventes pendant la durée de la vente. Seule la présente version française des Conditions de vente fait foi.

1.LOTS MIS EN VENTE Les lots pourront être examinés avant la vente aux heures listées dans le catalogue. Toutes personnes intéressées à l’achat d’un quelconque lot, dont notamment les représentants et les agents d’affaire sont réputés avoir examiné avec soins tous les lots achetés et les avoir acceptés dans leur état au moment de l’adjudication, et non nécessairement tels que décrits dans des communications écrites ou orales. Ces personnes intéressées devront être responsable d’un examen personnel des lots afin de confirmer leur condition actuelle. Tous les lots sont vendus « tel quel » selon leur état au moment de l’adjudication. Chaque acquéreur déclare accepter qu’il est de sa responsabilité d’inspecter chacun des lots avant d’enchérir et par la présente déclare que les montants enchéris sont basés uniquement sur leur inspection et leur évaluation indépendantes des lots.

Antiquorum a inclus dans le catalogue des estimations de la valeur des lots mis en vente. Ces estimations ont été faites à la suite d’avis d’experts, de tests et d’autres méthodes qu’Antiquorum a jugé à son entière discrétion comme appropriées selon les circonstances. Antiquorum n’encourra cependant aucune responsabilité en vertu d’une quelconque cause concernant les estimations de la valeur des lots. Chaque participant aux Enchères sera responsable de procéder à sa propre estimation de la valeur des lots mis en vente. Ni Antiquorum, ni les vendeurs ne pourront être tenus responsables d’erreurs ou d’omission dans le catalogue ou toute publicité ou autre matériel écrit, étant précisé qu’aucune description ou déclaration ne constitue une garantie d’aucune sorte, et n’est donné qu’à titre indicatif.

Sauf indication contraire dans le catalogue, les lots sont soumis à des prix de réserve, soit des prix minimum confidentiels auxquels les vendeurs sont prêts à vendre. Si le prix de réserve n’est pas atteint, l’Huissier pourra retirer le lot de la vente. L’Huissier pourra ouvrir l’enchère d’un lot en enchérissant sous le prix de réserve pour le compte du vendeur.

L'Huissier pourra également enchérir pour le compte du vendeur jusqu'à concurrence des prix de réserve fixés, par des enchères successives ou consécutives pour un lot, ou par des enchères en réponse aux autres enchérisseurs. À l’exception de la garantie limitée décrite au point 2 ci-dessous, tous les lots sont vendus sans aucune garantie ou déclaration expresse ou implicite de la part d’Antiquorum ou du vendeur quant à la qualité marchande, l’utilisation particulière, la rareté, l’importance, l’exactitude des indications concernant l’auteur, le fabricant, l’origine, époque, âge, attribution, authenticité, la provenance, le poids ou l’état d’un objet.

De même, aucune déclaration (qu’elle soit orale ou écrite, faite dans le catalogue, une publicité, un acte de vente, publiée, annoncée ou d’autre façon) faite par un employé ou un agent d’Antiquorum ne pourra être interprétée comme étant une garantie, une déclaration ou une assomption de responsabilité. Ni Antiquorum ni le vendeur ne sera responsable de la détérioration ou du défaut d’un quelconque lot.

2.GARANTIE LIMITÉE Sauf stipulation contraire du paragraphe suivant, Antiquorum garantit que dès l’accomplissement de la vente d’un quelconque lot en vertu des Conditions de vente de ce catalogue, la propriété, les intérêts, et les droits de ce lot seront transmis à l’acquéreur libre de tout droit de tiers.

Antiquorum garantit pour une période d’une (1) année depuis la date de la vente que la paternité de chaque lot est conforme aux indications en caractères gras ou en lettres capitales de ce catalogue. Antiquorum ne donne aucune garantie d’aucune sorte, implicite ou expresse, concernant les descriptions d’un quelconque matériel du catalogue qui ne serait pas

en caractères gras ou en lettres capitales. Antiquorum ne garantit pas que tous les composants d’une montre soient ses composants originels.

L’acquéreur ne disposera cependant d’aucune garantie si les descriptions contenues dans le catalogue correspondaient avec l’opinion dominante des spécialistes ou des experts au moment de la vente, ou que le catalogue indiquait qu’un conflit entre ces opinions existait.

La garantie est donnée pour une période d’une (1) année depuis la date de la vente aux enchères durant laquelle le lot a été acquis. Cette garantie n’est donnée qu’à l’acquéreur originel dont le nom est consigné au registre de ventes et n’est en aucun cas transférable. Pour l’exercice de la garantie concernant une description en caractères gras ou en lettres capitales, l’acquéreur originel devra (i) en informer Antiquorum par courrier recommandé dans les 7 jours suivant la prise de connaissance d’une quelconque information lui suggérant qu’il existe une imprécision dans les descriptions en caractères gras ou lettres capitales, en spécifiant le numéro de lot, la date de la vente aux enchères durant laquelle le lot fut acquis, ainsi que les raisons le poussant à douter desdites descriptions, et (ii) réexpédier le lot à Antiquorum à l’adresse à laquelle la vente a été effectuée, et ce dans les mêmes conditions qu’alors acquis, libre de tout droit de tiers postérieur à la vente.

Antiquorum pourra renoncer à l’une de ces exigences à son entière discrétion. Il est particulièrement compris et accepté que l’annulation de la vente et le remboursement du prix de vente payé (le prix d’adjudication gagnant ainsi que la commission acheteur) est exclusive et en lieu et place d’un quelconque autre moyen de droit à disposition de l’acquéreur.

Antiquorum et le vendeur n’assumeront aucune responsabilité pour toute perte ou dommage indirect de quelque nature que ce soit et pour quelque cause que ce soit, y compris les intérêts et le gain manqué, découlant de l’annulation de la vente. A l’exception de la garantie limitée décrite cidessus, Antiquorum et le vendeur ne donnent aucune garantie concernant les lots vendus en vertu des présentes Conditions de vente.

3.L A VENTE AUX ENCHÈRES La vente sera conduite en français mais les enchères pourront être répétées en anglais. Le prix d’achat à payer par l’acquéreur sera constitué du prix d’adjudication final majoré de la commission acheteur, en sus de toute taxe de vente applicable. Au prix d’adjudication final s’ajoutera une commission acheteur de : 25% du prix d’adjudication de chaque lot jusqu’à concurrence de CHF 100'000.-, de 20% de CHF 100’001 à CHF 1'500’000 et de 12% à partir de CHF 1'500'001.

Antiquorum est en droit selon sa libre appréciation de retirer, de diviser ou grouper différemment les lots faisant partie de la vente ainsi que de refuser l'adjudication de n'importe lequel desdits lots, et n’encourra aucune responsabilité de ce fait. Antiquorum se réserve le droit de refuser selon sa libre appréciation toute offre d'enchères.

En cas de conflit ou de tout autre question liée aux enchérisseurs, l’Huissier pourra à sa seule discrétion déterminer l’enchérisseur gagnant, continuer les enchères, annuler la vente ou proposer de nouveau et remettre en vente l’article litigieux. Sa décision est consignée au le procèsverbal, lequel fait foi.

Le montant des surenchères est en règle général de 10%, l’Huissier pourra cependant modifier les surenchères à tout moment, à son entière discrétion. Le montant minimal d’enchères est communiqué durant la vente aux enchères.

L’enchérisseur qui agit pour le compte d’un tiers engage son entière responsabilité personnelle, en particulier en ce qui concerne les obligations contractées dans le cadre de la vente aux enchères.

Cette responsabilité s'étend notamment à la vérification de la qualité des lots achetés ainsi qu'au règlement ultérieur de la facture des lots acquis.

Bien qu’Antiquorum puisse à son entière discrétion exécuter des ordres d’enchères de personnes absentes (ordres d’enchères écrits laissés à disposition d’Antiquorum avant la vente) ou accepter des enchères par téléphone ou des enchères par internet à titre de commodité pour les clients non présents lors de la vente, Antiquorum n’encourra aucune responsabilité en cas d’échec, d’erreur ou d’omission relatives à l’exécution d’un ordre d’enchères.

Les lots de haute valeur (identifiés par Antiquorum à son entière discrétion) peuvent, à moins d’un accord préalable, être enchéris seulement par les acheteurs potentiels qui ont rempli un formulaire d’enregistrement pour les lots considérés de haute valeur.

4.PAIEMENT La propriété des lots devra être transmise dès la tombée du marteau de l’Huissier adjugeant le lot à l’enchérisseur gagnant, sous réserve du respect des présentes Conditions de vente par l’acquéreur, et notamment du paiement intégral du prix d’achat. L’acquéreur ne pourra révoquer son acceptation d’un quelconque lot postérieurement à la tombée du marteau de l’Huissier.

L’acquéreur accepte par la présente l’entier des risques et responsabilités liés au lot. L’acquéreur devra s’acquitter de l’entier du prix d’adjudication final, de la commission et de toute taxe, en Francs suisses, en utilisant une des méthodes de paiement considérée comme acceptable par Antiquorum (dont notamment la monnaie suisse, virement bancaire, bulletin de paiement).

Les devises étrangères pourront être acceptées au taux du jour déterminé par Antiquorum. Les lots ne seront livrés à l’acquéreur qu’une fois le prix d’achat intégralement versé. Les modalités d’emballage et d’expédition ainsi que les frais y afférant sont aux frais et aux risques de l’acquéreur. Une fois le paiement intégral effectué, Antiquorum pourra, en guise de service à l’acquéreur, faire emballer, assurer et expédier les lots acquis, sur demande et au seuls frais de l’acquéreur. Dans ce cas, l’acquéreur accepte l’entier des risques liés à l’emballage, la manutention ainsi qu’à l’expédition des lots. Antiquorum n’encourra aucune responsabilité pour toute perte ou dommage causé aux lots à cette occasion. Antiquorum pourra déplacer les lots acquis dans un site de stockage aux risques de l’acquéreur. L’acquéreur devra payer toutes les taxes applicables ou émoluments prélevés par toute autorité (à moins qu’Antiquorum ne reçoive des preuves qu’elle considère comme satisfaisantes de l’exemption).

La TVA de 7,7% est due sur tous les achats. La TVA sera entièrement remboursée sur présentation d’une déclaration d’exportation validée par l’administration fédérale des douanes suisse.

Il est expressément accepté que le vendeur ne recevra le paiement pour un lot qu’une fois qu’Antiquorum aura reçu le paiement intégral de l’acquéreur, dont notamment les commissions liées audit lot ainsi que les frais administratifs et de manutention.

5.MOYENS DE DROIT, DROIT APPLICABLE ET FOR En cas d’incompatibilité d’une quelconque information ou disposition du catalogue avec les présentes Conditions de vente, seules les Conditions de vente feront foi.

Si l’acquéreur reste en défaut avec les obligations découlant des présentes Conditions de vente, Antiquorum sera en droit de (en complément de tout autre moyen à disposition d’Antiquorum en vertu de la loi), (i) mettre en demeure l’acquéreur de payer le prix d’achat ; (ii) annuler la vente ; (iii) revendre le lot sans aucune réserve à la vente aux enchères ou par vente privée sur préavis dans les 7 jours à l’acquéreur ; (iv) payer au vendeur un montant égal au produit net de la vente selon le montant enchéri par l’acquéreur en défaut, et ensuite revendre le lot à un tiers sans aucune réserve à la vente aux enchères ou par vente privée dans les 15 jours sur préavis écrit à un tel acquéreur ; ou, (v) retourner le lot au vendeur, pour autant que 45 jours se soient écoulés et qu’aucun paiement n’ait été reçu de la part de l’acquéreur ; ou (vi) prendre toute autre mesure qu’Antiquorum jugera nécessaire ou appropriée.

En cas de revente du lot par Antiquorum en vertu de la clause (iii) ou (iv) ci-dessus, l’acquéreur en défaut sera tenu de payer toute différence négative entre le prix d’achat et le montant obtenu après revente, de même que tous frais et coûts, y compris d’administration, de manutention, d’assurance, de stockage, les dépenses liées aux deux ventes, honoraires d’avocats, commissions, dommages fortuits, ainsi que toute charge due selon les présentes Conditions de vente. Si l’acquéreur paie une portion du prix d’achat pour un ou tous les lots achetés, Antiquorum pourra attribuer le montant reçu au lot ou aux lots selon sa libre appréciation, tel que jugé approprié.

Tout acquéreur en défaut avec les obligations découlant des présentes Conditions de vente sera réputé avoir conféré à Antiquorum un droit de gage sur la totalité des lots gardés par Antiquorum dont l’acquéreur est propriétaire, que ces lots soient destinés à la vente ou acquis avant, pendant et/ou après la présente vente aux enchères. Ce gage garantit le remboursement de tout montant dû en capital, intérêts, commissions et frais éventuels, de même que tout dommage supporté par Antiquorum.

Antiquorum est autorisée, mais non obligée, à réaliser les gages sans autres formalités et sans préavis si l'acquéreur est en demeure pour le paiement de sa dette ou l'exécution d'une obligation quelconque.

Antiquorum pourra dans tous les cas réaliser les gages de gré à gré.

A cet effet, elle n'est pas tenue d'observer les formalités prévues par la Loi fédérale sur la poursuite pour dette et la faillite; Antiquorum est libre en outre d'introduire ou de continuer une poursuite ordinaire, sans avoir préalablement réalisé les gages et sans renoncer pour autant à ceux-ci.

Le paiement ne sera considéré comme effectué intégralement qu’une fois qu’Antiquorum aura obtenu des fonds satisfaisants. En cas de défaut de l’acquéreur dans le paiement d’une partie ou de la totalité du prix d’achat pour un quelconque lot, et si Antiquorum choisi pour autant de payer au vendeur une partie du produit de la vente, l’acquéreur accepte qu’Antiquorum disposera de tous les droits du vendeur relatifs à la somme versée, selon la loi ou les présentes Conditions de vente.

L’unique et exclusif moyen de droit de l’acquéreur à l’encontre d’Antiquorum et du vendeur consiste en l’annulation de la vente et au remboursement du prix payé pour le lot. L’acquéreur perd tout autre droit découlant de la loi, et Antiquorum ou le vendeur n’assumera aucune responsabilité pour une quelconque perte ou dommage subi par l’acquéreur.

La participation à la vente aux enchères, en personne ou au moyen d’un agent ou d’un représentant, par ordre d’enchères, téléphone, internet et ou tout autre moyen, implique l’adhésion totale de l’acquéreur à ce qui suit : ces Conditions de vente ainsi que tous les rapports juridiques qui en découlent seront soumis au Droit interne suisse exclusivement (en faisant abstraction des règles de conflit de loi et à l’exclusion des traités internationaux). Tous litiges, différends ou prétentions découlant des présentes Conditions de vente ou se rapportant à celles-ci, y compris la validité, la nullité, d'éventuelles violations ou la résiliation de celles-ci, seront exclusivement tranchées par les tribunaux du canton de Genève en Suisse, le recours au Tribunal fédéral étant réservé. L’acquéreur s’engage par la présente irrévocablement et inconditionnellement à lever toute objection concernant le dépôt d’une action auprès desdits tribunaux, et consent à s’abstenir de plaider ou de revendiquer l'incompétence de ces tribunaux. Dans tous les cas, Antiquorum se réserve le droit de poursuivre tout acquéreur défaillant à son lieu de résidence, auquel cas le Droit suisse reste applicable.

• Le fait qu’une partie n’ait pas exigée le respect ou l’exécution d’une des dispositions des présentes Conditions de vente ne signifiera en aucun cas que cette partie ait renoncé au bénéfice de cette disposition, ni n’affectera la validité en tout ou partie des présentes Conditions de vente ou le droit de demander l’exécution de chacune des disposition.

• Si une des parties ou disposition de ces Conditions de vente s’avère nulle, les autres dispositions de ces Conditions de vente resteront valables et continueront à lier les parties, et les dispositions ou parties qui apparaîtront nulles ne pourront être amendées ou modifiées plus que le strict nécessaire à leur validité et resteront aussi proche que possible de leur sens initial.

RÉFÉRENCES BANCAIRES

Compte: ANTIQUORUM Geneve SA Banque: UBS IBAN No: CH850024024012115501X SWIFT No: UBSWCHZH80A Compte No: 0240-121155.01X

CONDITIONS OF SALE The auction is a public auction held by Antiquorum Genève SA (hereinafter “Antiquorum”) on behalf of the consignors of the lots being sold. A person’s participation in the auction and/or purchase of any lots constitutes an agreement to be bound by these Conditions of Sale as well as all rights and obligations arising therefrom. The Important Notices contained in this catalogue are deemed to be a part of these Conditions of Sale and are hereby incorporated in their entirety into these Conditions of Sale. Except as amended by Antiquorum in its sole and absolute discretion by the posting of notices or oral announcement at the auction or otherwise, these Conditions of Sale together with the Important Notices and the other contents of this catalogue constitute a full recitation of the terms and conditions under which sales are conducted and may not be amended except in a writing acknowledged

by Antiquorum. Unless otherwise agreed in writing by Antiquorum these Conditions of Sale shall apply to auction sales as well as all other sales made

by Antiquorum. Antiquorum accepts no responsibility for and shall not be liable for any defaults by any Buyers or Consignors. The auction is held by a Huissier Judiciaire of the Canton of Geneva (hereinafter “the Auctioneer”). The Auctioneer reads the essential clauses at the start of the auction. These Conditions of Sale are available on request and are displayed in the sale room during the auction. The French version of these Conditions of Sale is the authoritative and binding text.

1.LOTS OFFERED FOR SALE Before the sale, all lots may be examined at the exhibition times listed in the catalogue. All interested persons including, without limitation, bidder’s representatives and auction agents are understood to have examined all lots which they purchase and to accept them as they are at the moment of the fall of the Auctioneer’s hammer and not necessarily as described in any written material or oral communications. Those persons interested in purchasing any of the lots being sold shall be responsible for examining the lots personally to confirm their actual condition. All lots are sold “as is” according to their condition at the moment of the fall of the Auctioneer’s hammer. Buyer acknowledges that it is the responsibility of buyer to fully inspect each lot before bidding and hereby represents that the amounts bid for any lot are based solely on buyer’s own independent inspection and evaluation of that lot.

Antiquorum has included in the catalogue estimates of the value of the lots to be sold. Such estimates have been developed using such experts, tests and other methods as Antiquorum has deemed in its sole discretion to be appropriate under the circumstances. Antiquorum shall have no liability whatsoever relating to estimates of value attributed to the lots and all participants in the auction shall be responsible for reaching their own conclusions as to the value of the lots. Neither Antiquorum nor the consignor is responsible for any errors and omissions in the catalogue or any advertisements or other written material, it being understood that any description or statement therein does not constitute a warranty or representation and is provided for identification purposes only.

Unless specified in the catalogue, lots are subject to reserve price which is a confidential minimum amount the consignor is willing to accept. If the reserve price is not reached, the Auctioneer may withdraw the lot from the sale. The Auctioneer may open bidding on any lot below the reserve by placing a bid on behalf of the consignor. The Auctioneer may continue to bid on behalf of the consignor up to the amount of the reserve, either by placing successive or consecutive bids for a lot, or by placing bids in response to other bidders.

Except for the limited warranty, contained in section 2 below, all lots are sold without any representations or warranties by Antiquorum or the consignor as to merchantability, fitness for a particular purpose, rarity, importance, the correctness of the catalogue or other description concerning the author, maker, origin, period, age, attribution, authenticity, provenance, weight or condition of any object. No statement (whether oral or written, made in the catalogue, an advertisement, a bill of sale, posting, announcement or elsewhere) whether made by any employee or agent of Antiquorum shall be deemed to be a warranty, representation or assumption of liability. Neither Antiquorum nor the consignor have any responsibility whatsoever for any defect in or deterioration of any lot.

2.LIMITED WARRANT Y Except as otherwise provided in the paragraph immediately following, Antiquorum warrants that, upon the consummation of the sale of any lot under the terms and conditions contained in this catalogue, clear and unencumbered right, title and interest in and to such lot shall pass to the buyer. Antiquorum guarantees for a period of one (1) year from the date

of sale that the authorship of each lot in this catalogue is as set out in the bold or capitalized type in the catalogue description of the lot. Antiquorum makes no warranties, whatsoever, whether express or implied, with respect to any, material in the catalogue other than that appearing in the bold or capitalized heading subject to the exclusions below. Antiquorum does not guaranty that all component parts of any timepiece are original to the timepiece.

The guarantee does not apply if the catalogue description was in accordance with the opinion of generally accepted experts and specialists at the date of the sale, or the catalogue description indicated that there was a conflict of such opinions.

The guarantee is provided for a period of one (1) year from the date of the relevant auction, is solely for the benefit of the original purchaser of record and is not transferrable. In the event of any claim by the original purchaser regarding a bold or capitalized provision, said purchaser must (i) notify Antiquorum in writing within 7 days of receiving any information that causes the original purchaser of record to question the accuracy of the bold or capitalized type heading, specifying the lot number, date of the auction at which it was purchased and reasons for such question: and (ii) return the lot to Antiquorum at the original selling location 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.

Antiquorum has discretion to waive any of the above requirements. 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, or in equity.

Antiquorum and the consignor shall not be liable for any incidental or consequential damages incurred or claimed, including without limitation, loss of profits or interest. Other than the limited warranty and guarantee provisions above, Antiquorum and the consignor make no representations, warranties or guarantees regarding the lots sold hereunder.

3.THE AUCTION The auction will be conducted in French but the bidding may be translated also into English.

The purchase price payable by a buyer will be the sum of the final bid price plus the buyer’s premium, together with any applicable sales or compensating use tax. In addition to the hammer price, the buyer’s premium is payable as follows: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% from CHF 1,500,001. Antiquorum may in its sole and absolute discretion and at any time withdraw, group differently or divide any lot included for sale and shall have no liability whatsoever for the same.

Antiquorum reserves the right to refuse any bids in its full and absolute discretion. In the event of any dispute between bidders, or any other issue with respect to the bidder, the Auctioneer will have absolute discretion to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the article in dispute. His/her decision is recorded in the sale report which is conclusive.

Bidding shall generally be increased in increments of 10%, however, the Auctioneer may modify bidding increments from time to time at his/her

absolute discretion. The minimum bid is communicated during the auction.

Any person bidding for the account of a third party is fully liable for any obligation assumed by such person relating to the sale. This liability includes, without limitation, the verification of the condition and valuation of lots and the payment for lots purchased. Although Antiquorum, in its sole discretion, may execute absentee bids (written bids left with Antiquorum prior to sale) or accept telephone and internet bids as a convenience to clients who are not present at auction, Antiquorum is not responsible for failing to execute such bids or for any errors or omissions in connection therewith.

High value lots (identified by Antiquorum in its entire discretion) may, unless otherwise agreed, be bid for only by prospective Buyers who have completed pre-bidding registration for the high value lot category.

4.PAYMENT Title to the offered lot passes to the buyer upon the fall of the Auctioneer’s hammer and the announcement by the Auctioneer that the lot has been sold, subject to compliance by the buyer with all other conditions of sale, including full payment as required hereunder. Buyer shall have no right to revoke acceptance of any lot after the fall of the hammer.

The buyer thereupon assumes full risk and responsibility for the lot. The buyer shall immediately pay the full purchase price, buyer’s commission and all applicable sales and other taxes in Swiss francs using a method of payment acceptable to auctioneer (including Swiss currency, bank wire).

Payment in foreign currencies is accepted at the rates of exchange of the day of sale as determined by Antiquorum. Lots are delivered to the buyer only upon the full payment of all such amounts. Shipping and packing arrangements and charges are the sole responsibility of the buyer. After payment has been made in full, Antiquorum may, as a service to the buyer, arrange to have the purchased lots packed, insured and shipped at the buyer’s request and expense. In this event, the buyer agrees that all said packaging, handling and shipping is at the sole risk of the buyer and that Antiquorum shall have no liability for any loss or damage to the purchased lots. Antiquorum may move the property to an off-site storage at the risk of the buyer. Buyer will be required to pay all applicable taxes, or fees levied by any authority (unless Antiquorum receives satisfactory proof of exemption, to be determined in Antiquorum’s sole discretion).

A 7,7% VAT is applicable to each sale. VAT will be entirely refunded upon receipt of an export declaration validated by the Swiss Federal Customs Administration.

It is expressly agreed that consignor shall only receive payment for a lot provided Antiquorum has received full payment from buyer, including such lost commissions and administrative and handling charges.

5.REMEDIES, APPLICABLE L AWS AND JURISDICTION To the extent that any other information or provision set forth in this catalogue is inconsistent with the Conditions of Sale, the Conditions of Sale shall be controlling.

If the buyer fails to comply with any of these Conditions of Sale, Antiquorum may (in addition to asserting all remedies available by law), (i) hold such defaulting buyer liable for the purchase price; (ii) cancel the sale; (iii) resell the property without reserve at public auction or privately on seven days’ notice to the buyer; (iv) pay the consignor an amount equal to the net proceeds payable in respect of the amount bid by the defaulting buyer and then resell the property to a third party without reserve at public auction or privately on fifteen (15) days written notice to such buyer; or (v) return the lot to the consignor, provided forty-five (45) days have elapsed and no payment has been received from buyer; or (vi) take such other action as Antiquorum deems necessary or appropriate. If Antiquorum resells the property pursuant to clause (iii) or (iv) above, the defaulting buyer shall be liable for the payment of any deficiency between the purchase price and the price obtained upon resale and all costs and expenses, including administration, handling, insurance, warehousing, the expenses of both sales, reasonable attorneys’ fees, commissions, incidental damages and all other charges due hereunder. In the event that such buyer pays a portion of the purchase price for any or all lots purchased, Antiquorum shall apply the payment received to such lot or lots as Antiquorum, in its sole discretion, deems appropriate.

Any buyer who fails to comply with these Conditions of Sale will be deemed to have granted Antiquorum a security interest in, and Antiquorum may retain as collateral security for such buyer’s obligation to it, any property in Antiquorum’s possession owned by such buyer. This security interest secures the principal amount of any such claim and also any outstanding or accruing interest, commissions, costs and all other fees as well as any and all damages suffered by Antiquorum. Antiquorum is entitled, but not obliged, to realize freely the security interests without

further formalities and without previous notice to the buyer who is in default of payment on his debt or in the fulfilment of any other obligation hereunder. In any event, Antiquorum will be entitled to realise its security on a private treaty basis. For this purpose, Antiquorum is not bound to comply with the the formalities of the Federal Law dealing with actions for debt and bankruptcy proceedings ; in addition, Antiquorum may choose to institute or proceed with the usual proceedings witjout having beforehand sold the secured goods and without having moreover given up its rights to them.

Payment will not be deemed to have been made in full until Antiquorum has collected sufficient funds. In the event the buyer fails to pay any or all of the total purchase price for any lot and Antiquorum nonetheless elects to pay the consignor any portion of the sale proceeds, the buyer acknowledges that Antiquorum shall have all of the rights of the consignor to pursue the buyer for any amounts paid to the consignor, whether at law, in equity, or under these Conditions of Sale.

The buyer’s sole and exclusive remedy against Antiquorum and the consignor shall be the rescission of the sale and the refund of the original purchase price paid for the lot. This remedy shall be in lieu of any other remedy which might otherwise be available as a matter of law, and neither Antiquorum nor the consignor shall be liable, in whole or in part, for any special, incidental or consequential damages, including, without limitation, loss of profits.

By bidding at the auction, whether present in person or by agent, by absentee bid, telephone, internet, or other means, the buyer shall be deemed to have consented to the following: this agreement shall be interpreted and enforced according to Swiss law by the Courts of the Canton of Geneva and the buyer hereby irrevocably and unconditionally submits to the exclusive jurisdictions of the Courts of Geneva, subject to appeal to the Swiss Federal Court, over any suit, action or proceeding arising out of or relating to this agreement. The buyer hereby irrevocably and unconditionally waives any objection to the laying of venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum. The buyer agrees that a final judgment in any such suit, action or proceeding brought in any such court shall be conclusive and binding upon the buyer and may be enforced in any other courts to whose jurisdiction the buyer is or may be subject, by suit upon such judgment; • No waiver, delay, modification or breach of any provision of this agreement by Antiquorum shall constitute a waiver of any preceding or succeeding breach of the same or any other provision hereof.

• If any part or provision of this agreement is, for any reason, adjudged unenforceable, such adjudication shall in no way affect any other part or provision of this agreement or the validity or enforcement of the remainder of this agreement, and the part or provision affected shall be curtailed or altered only to the minimum extent necessary to make it conform to the applicable law.

BANK REFERENCES

Compte: ANTIQUORUM Geneve SA Banque: UBS IBAN No: CH850024024012115501X SWIFT No: UBSWCHZH80A Compte No: 0240-121155.01X

ANNUAL CATALOGUE SUBSCRIPTIONS QTY TOTAL ANNUAL SUBSCRIPTION ORDER

CHF 480 _____ _____ INDIVIDUAL SUBSCRIPTION ORDER

CHF 75 _____ _____

SELECT AUCTION/SALE ____________________

TOTAL AMOUNT CHF _____

PLEASE COMPLETE THE FORM BELOW AND FORWARD WITH YOUR REMITTANCE TO: ANTIQUORUM GENÈVE SA 3, RUE DU MONT-BLANC, 1201 GENEVA TEL. +41 22 909 28 50 FAX. +41 22 909 28 60 ONLINE WWW.ANTIQUORUM.SWISS | EMAIL GENEVA@ANTIQUORUM.SWISS

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DATE

IBAN: CH850024024012115501X

SIGNATURE

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ANTIQUORUM WORLDWIDE SWITZERLAND ANTIQUORUM GENÈVE SA showroom and Administration 3, rue du Mont-blanc, 1201 Geneva 1 tel. +41 22 909 28 50 fax. +41 22 909 28 60 e-mail: geneva@antiquorum.swiss FRANCE ANTIQUORUM PARIS RIVE GAUCHE 26, rue du Bac, 75007 Paris tel. +33 1 42 61 43 44 e-mail: paris@antiquorum.swiss ANTIQUORUM COURCHEVEL 37 rue du Rocher Courchevel 1850 73120 Saint-Bon-Tarentaise tel. +33 4 79 08 22 58 e-mail: courchevel@antiquorum.swiss

HONG KONG ANTIQUORUM AUCTIONEERS (HK) LTD. Showroom and Administration, Room 704, 7/Floor, The Galleria, No 9 Queen’s Road Central, Central, Hong Kong tel. +852 2522 4168 fax. +852 2522 4138 e-mail: hk@antiquorum.swiss CHINA ANTIQUORUM SHANGHAI Room 4106b, bund center Office Tower, 222 yan An Road east, Shanghai 200002 tel. +86 21 6335 1268 fax. +86 21 6335 1270 e-mail: shanghai@antiquorum.swiss ITALY ANTIQUORUM MILAN Piazza Duomo, 21, 20121 Milano tel. +39 02 87 66 25 fax. +39 02 87 79 15 e-mail: milan@antiquorum.swiss GERMANY ANTIQUORUM MÜNCHEN Goethestr. 66, 80336 München tel. +49 89 54880758 fax. +49 89 51563729 e-mail: munchen@antiquorum.swiss SINGAPORE ANTIQUORUM SINGAPORE 04-114 far east plaza scott Road Singapore 228213 tel. +6596355544 e-mail: singapore@antiquorum.swiss

THAILAND ANTIQUORUM BANGKOK 4 central world floor 4 Room b417 Bangkok 10330 Thailand tel. +66 91-954 5626 e-mail: bangkok@antiquorum.swiss CANADA ANTIQUORUM MONTREAL 3555 Rue des Lacquiers Montreal (QC), H4C3P4 e-mail: canada@antiquorum.swiss

CHAIRMAN Giulio De Lucia CEO & WATCH EXPERT Romain Rea

EUROPE GENEVA MANAGING DIRECTOR & WATCH EXPERT Julien Schaerer CO-DIRECTOR & WATCH EXPERT Etienne Lemenager LOGISTICS DIRECTOR Armelle de Medeiros INFORMATION TECHNOLOGY DIRECTOR Jorge Robelo CHIEF ACCOUNTANT Franck Giorgini WATCHMAKER & RESTORER Takahiro Hamada INVENTORY CONTROL ASSISTANT Manuele Brizzi CATALOGUE PRODUCTION Team Bluescape.it MILAN DIRECTOR & WATCH EXPERT Giovanni Varesi BUSINESS COORDINATOR Christian Fugazza ADMINISTRATIVE ASSISTANT Nicoletta Marrini MUNICH DIRECTOR & WATCH EXPERT Etienne Lemenager REPRESENTATIVE Stéphanie Gance PARIS & COURCHEVEL DIRECTOR & WATCH EXPERT Jérome Lemoine JUNIOR SPECIALIST Astrid Soyez

NORTH AMERICA MONTREAL DIRECTOR & WATCH EXPERT Michael Dahan

ASIA ASIA-PACIFIC DIRECTOR & WATCH EXPERT Arnaud Tellier HONG KONG MANAGING DIRECTOR Connie Siu CHIEF ACCOUNTANT Agnes Chan BUSINESS COORDINATOR Sophie Chan ADMIN & ACCOUNTS ASSISTANT Terry Wan SENIOR CONSULTANT Alex Ho BEIJING PARTNER AGENT Phoebe Jin SHANGHAI SINGAPORE CONSULTANT Thomas Soh Dominic Khoo THAILAND CONSULTANT Ho Popaya BUSINESS COORDINATOR Jackie Yang Chana

ANTIQUORUM GRADING SYSTEM FOR TIMEPIECES & EXPERTS’ OVERALL OPINION With a view to always providing a higher standard of service to its clientele, Antiquorum has introduced a grading system within its auction catalogues, providing immediate and detailed information on the condition of each lot offered for sale.

With the assistance of the Antiquorum Grading System, clients will have immediate answers to their questions regarding the condition of each lot, and will no longer need to find the time to request condition reports.

In addition, with the Experts’ Overall Opinion, clients will benefit from the advice of Antiquorum’s experts as each lot is given a grade based on its overall appreciation.

System, in the Experts’ Overall Opinion or in any other condition report for any lot, are provided for information only and should not be considered as a guarantee of any sort.

Although every effort has been made to remain objective, clients are nonetheless advised that any grading or condition report will, of necessity, be subjective.

Such information is given as an opinion for which Antiquorum cannot be held responsible. Furthermore, Antiquorum cannot be held responsible for any misrepresentations or incomplete information regarding the condition of any lot.

Clients are reminded that all statements made in the Antiquorum Grading

GRADING SYSTEM GUIDE The lots described in this catalogue have been carefully examined and valued by Antiquorum’s experts and watchmakers, taking into consideration the aesthetic, historical and technical interest, age and rarity, as well as the technology available at the time of production of each timepiece.

For such judgment to be as objective as possible, it must rest on a number of criteria, particularly with regards to the age of a lot. Indeed, a wristwatch of less than 50 years old cannot be judged with the same criteria as a Renaissance watch. This is the reason why some of the gradings will only qualify for certain types of watches and will never be used for others.

For example, if, as a general rule, watches can be attributed gradings from 1 to 4 for the case, the dial and the movement, watches of less than 100 years old can be given grading 1 (as new), 3 (in very good condition), or 4 (in good condition). The latter, (grading 4),

will be followed by one or more grading numbers to justify why the lot cannot be considered “in very good condition”. On the other hand, watches over 100 years old, of similar condition, would indeed be considered as “very good” because of their age and would therefore qualify for grading 3. Needless to say, watches over 100 years old, even in the best state of conservation for their age, are unlikely to ever be considered “as new” and would therefore never be eligible for grading 1; for this reason, we have introduced grading 2 (in perfect condition).

At the end of each lot description, before the estimate, you will find a condition report box, with letters and numbers, divided into 3 sections: these are the grades given to the lot with reference to the condition of its case, its dial and hands, and its movement.

To understand the grades shown in the condition report box, consult the Antiquorum Grading System as follows: C for the CASE, followed by one or more

numbers = condition of case D for the DIAL (& hands), followed by one or more numbers = condition of dial & hands M for the MOVEMENT, followed by one or more numbers = condition of movement Next to this condition report box, is an experts’ grading box featuring one letter, from to B, as an overall grade. This overall grade is the opinion of Antiquorum’s experts, as a global appreciation of the lot, based on its general condition, quality, technical and historical interest, age and rarity. On this basis, it must be understood that a very early timepiece, a prototype or a watch featuring a rare escapement, although it may be in a mediocre state of conservation, even re-cased or lacking its dial, can qualify for gradings AAA or even .

To understand the grade shown in the experts’ grading box, consult the Experts’ Overall Opinion.

SEE SAMPLE BELOW C 2-8­ CASE as new

D 2-01

DIAL as new - original hands

M 3-10* MOVEMENT as new

EXPERTS’ OVERALL OPINION: Exceptional

Potential buyers should be aware that all water-resistant/water-proof watches have been opened and as such buyers should have the watch inspected in regards to these attribute. A watch’s current state of resistance is NOT reflected in the condition report.

GRADING SYSTEM SPRING 2019

SYSTEME D’EVALUATION PRINTEMPS 2019

Experts’ Overall Opinion

Opinion Generale des Experts

General condition, quality, technical and historical interest, age and rarity

Condition générale, qualité, importance technique et historique, et rareté

: Exceptional AAA : Excellent AA : Very good A : Good B : Fair

: Exceptionnel AAA : Excellent AA : Très bien A : Bien B : Correct

General Remarks (C, D, M)

Remarques Generales (C, D, M)

1 As new 2 Very good 3 Good 4 Fair 5 Poor

2 0 Period original 21 Period 22 Later original 23 Later 24 Slightly chipped 25 Chipped 26 Upgraded 27 Custom-made 28 Replacements 29 Lacking elements 30 Alterations 31 Transformations 32 Slightly restored 33 Restored 34 Restored by the manufacture 35 To be restored 36 Partially re-gilt 37 Re-gilt 38 Slightly rubbed 39 Rubbed

6 Slightly oxidized 7 Oxidized 8 Slightly scratched 9 Scratched 10 Patinated 11 Slightly worn 12 Worn 13 Slightly damaged 14 Damaged 15 Slightly rusted 16 Rusted 17 Slightly spotted 18 Spotted 19 Dent(s)

Specific to Case (C) 4 0 Slightly repolished 41 Repolished, edges preserved 42 Repolished, edges altered 43 Back threading damaged 44 Worn pushpiece(s)

4 5 Replaced pushpiece(s) 46 Service crown 47 Period crown 48 Later crown 49 Service case

Specific to Dial (D) 5 0 Refreshed 51 Partially reprinted 52 Reprinted by the manufacture 53 Reprinted 54 Service dial 55 Luminous material reapplied 56 Period bezel 57 Original later bezel 58 Slightly damaged bezel

Hands 01 Original 02 Service hands 03 Period 04 Later 05 Luminous material reapplied 06 Partially replaced 07 Replaced 08 Repaired 09 Damaged

Specific to Movement (M) 6 0 Plating slightly deteriorated 61 Plating deteriorated 62 Later escapement

6 3 Later balance 64 Re-rhodiumed 65 Re-engraved

Enamel and Other Types of Decoration 7 0 Hairline 71 Hairlines 72 Chipped winding aperture 73 Chipped under bezel, not visible when closed 74 Slightly restored hard enamel 75 Slightly restored soft enamel

7 6 Restored hard enamel 77 Restored soft enamel 78 Missing pearl(s)/stone(s) 79 Outer overglaze * Overhaul recommended, at buyer’s expense ** Repair required, at buyer’s expense

1 Comme neuf 2 Très bien 3 Bien 4 Correct 5 Moyen 6 Légèrement oxidé 7 Oxidé 8 Légèrement rayé 9 Rayé 10 Patiné 11 Légèrement usé 12 Usé 13 Légèrement endommagé 14 Endommagé 15 Légèrement rouillé 16 Rouillé 17 Légèrement tâché 18 Tâché 19 Cabossure(s)

0 D’époque, comme à l’origine 2 21 D’époque 22 Plus tardif, comme à l’origine 23 Plus tardif 24 Léger éclat 25 Eclat 26 Amélioré 27 Fait sur mesure 28 Remplacements 29 Eléments manquants 30 Altérations 31 Transformations 32 Légèrement restauré 33 Restauré 34 Restauré par la manufacture 35 A restaurer 36 Partiellement redoré 37 Redoré 38 Légèrement effacé 39 Effacé

Specifique a la Boite (C) 0 Légèrement repolie 4 41 Repolie, angles préservés 42 Repolie, angles altérés 43 Filetage du fond endommagé 44 Poussoir(s) usé(s)

5 Poussoir(s) remplacé(s) 4 46 Couronne de remplacement 47 Couronne d’époque 48 Couronne plus tardive 49 Boîtier de remplacement

Specifique au Cadran (D) 0 Rafraîchi 5 51 Partiellement réimprimé 52 Réimprimé par la manufacture 53 Réimprimé 54 Cadran de remplacement 55 Réapplication du luminescent 56 Lunette d’époque 57 Lunette plus tardive, comme à l’origine 58 Lunette légèrement endommagée

Aiguilles 01 D’origine 02 Aiguilles de remplacement 03 D’époque 04 Plus tardive(s) 05 Réapplication du luminescent 06 Partiellement remplacée(s) 07 Remplacée(s) 08 Réparée(s) 09 Endommagée(s)

Specifique au Mouvement (M) 0 Surface légèrement usée 6 61 Surface usée 62 Echappement plus tardif

3 Balancier plus tardif 6 64 Re-rhodié 65 Regravé

Email et Autres Types de Decoration 0 Légere fissure 7 71 Fissures 72 Eclat au niveau du remontage 73 Eclat sous la lunette, invisible lorsque celle-ci est fermée 74 Légèrement restauré, émail dur 75 Légèrement restauré, émail tendre

76 Restauré, émail dur 77 Restauré, émail tendre 78 Perlel(s)/pierre(s) manquante(s) 79 Fondant refait * Révision recommandée, à la charge de l’acheteur ** Réparation(s) nécessaire(s), à la charge de l’acheteur

AUCTION BID FORM SAMEDI 11 MAI 2019 | SATURDAY, MAY 11 2019 DIMANCHE 12 MAI 2019 | SUNDAY, MAY 12 2019 Important Modern & Vintage Timepieces and Pens | Grand Beau-Rivage, Geneva LAST NAME (S) :

FIRST NAME :

ADDRESS : ZIP / POSTAL CODE :

CITY :

COUNTRY :

EMAIL (required) :

LANGUAGE :

TELEPHONE :

FAX : The registration will be completed only once the ID is received.

For new clients, to register bank references will be required.

Buyer’s premium: 25% of the hammer price on each lot up to and including CHF 100,000, 20% from CHF 100,001 to CHF 1,500,000 and 12% from CHF 1,500,001.

Absentee (written) Bid

PLEASE CHECK ONE:

Telephone Bid

Please bid on my behalf for the following lot(s) up to the maximum price(s) (excluding buyer’s premium, and any applicable taxes) mentioned below, purchasing as much below my indicated limit(s) as possible. I hereby agree and acknowledge that Antiquorum is not responsible for failing to execute such bids or for any errors or omissions in connection therewith. By signing this form, I have read, understood and agree to be bound by the conditions of sale and Important Notices contained in the catalogue for this sale. I hereby agree and acknowledge that I am obligated to purchase and shall have no right to revoke acceptance of any and all lots for which I am the highest bidder.

If you would like to pick up lot(s) in Antiquorum Geneva or Hong Kong? PLEASE CHECK BOX:

GENEVA

HONG KONG

Otherwise, winning lots (only watches) will be shipped as per buyer’s instructions. Please refer to the « shipping & Insurance » section at the end of the catalogue for details. Please note Antiquorum is not responsible for shipping clocks, furnitures, voluminous and/or fragile items. Our shipping department will assist you in choosing a third party crating service.

LOT NO.

BID LIMIT IN CHF

DATE

If competition necessitates, increase my bids by: (Check appropriate box)

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SIGNATURE

Please FAX this document to +41 (0) 22 909 28 60 or email to bids@antiquorum.swiss For online interactive bidding or online absentee bids please register online at www.antiquorum.swiss

WRITING INSTRUMENTS

NAMIKI & MONTBLANC MASTERPIECES NAMIKI & MONTBLANC MASTERPIECES AUCTION ONE Saturday, May 11, 2019 | Hotel Beau Rivage, Geneva