(Geneva, November 13, 2013) Mark Hayek, Chairman and CEO of Breguet, at Christie’s and Sotheby’s auctions in Geneva on November 11 and 12, Mr. Marc A. Hayek and the Breguet Museum have acquired three Breguet antique watches that are of great significance in the history of fine watchmaking for nearly 1.5 million Swiss francs, including the extremely complex antique watch number 4691. These precious Breguet antique watches complete the rich treasure collection of the Breguet Museum.
The first antique watch, number 5015, was sold to Marquis Marquis d’ Abercorn on July 3, 1833 for CHF 38,000. This antique watch is one of the first timepieces to use the innovative Breguet keyless winding and time proofing mechanism. Mr. Breguet invented the keyless winding system in 1830. This mechanism uses a crown that rotates from left to right to wind the pocket watch. This innovation is the origin of the winding system of all modern watches. The three generations of the Breguet family have contributed countless times to the invention and promotion of the keyless winding system. From the founder of the brand, Mr. Abraham-Louis Breguet, pioneered the keyless winding system and time proofreading mechanism to his son Antonie-Louis This innovative invention is further improved and applied to the manufacture of timepieces. Then to Louis-Clément, the third generation of Breguet, only six weeks after taking over the company, the Breguet keyless watch was brought to the market. The antique watch number 5015 is the best testimony to this history of innovation and heritage.
The second antique watch number 4420 is well known in the history of fine watchmaking. The watch is made of 18K gold and silver hunter-type case, with a cylindrical escapement and eccentric dial design, with Breguet gold hands and fast / slow Instructions. The pocket watch was bought by King George IV of Great Britain on October 3, 1825, and sold for more than 240,000 Swiss francs. George IV and his father were both watchmakers and one of Mr. Breguet’s earliest loyal customers and followers. Through this extremely rare auction opportunity, Breguet has included this extremely precious Breguet ‘Royal’ timepiece in the Breguet Museum for collection.
The last antique watch, numbered 4691, was an ultra-thin, half-engraved timepiece pocket watch, extremely rare. This watch was sold on October 13, 1831 to Lord Henry Seymour Conway. The No. 4691 time-keeping pocket watch is the most complicated of the ultra-thin watches created by Mr. Bao Di. In the thickness of the 7.7 mm body, it integrates multiple functions such as time equation, power reserve display, date and moon phase display. With all the precision functions in one, this watch is the ultimate even in modern times. It perfectly embodies Breguet’s brand spirit of continuous pursuit of innovation since the 18th century. The antique pocket watch number 4691 sells for more than one million Swiss francs.
The Breguet Museum is proud to announce the receipt of these three extremely precious Breguet antique timepieces, a move that fully reflects Breguet’s Chairman and CEO, Mark Hayek, in passing on the Breguet brand culture and history. Long-term commitment and unremitting efforts.