THE EVENING SALE OF IMPORTANT WATCHES TO BE HELD IN GENEVA ON SUNDAY MAY 10 TH, 2009

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1 Press Release Geneva For Immediate Release Geneva Frédéric Leyat THE EVENING SALE OF IMPORTANT WATCHES TO BE HELD IN GENEVA ON SUNDAY MAY 10 TH, 2009 WILL BE HIGHLIGHTED BY A HISTORICALLY IMPORTANT WATCH MOST PROBABLY MADE FOR KING LUDWIG II OF BAVARIA GENEVA, APRIL 2009 Sotheby s forthcoming Evening Sale of Watches, to be held in Geneva, will take place on Sunday, May 10 th, 2009 in the premises of the Beau-Rivage Hotel. To be offered this season in addition to the historically important watch most probably made for King Ludwig II of Bavaria will be outstanding pocket watches with high quality enamel cases by Isaac Gravelle and George Prior; an exceptional and rare Cartier Mystery Clock ; and fine examples of vintage and modern wristwatches by the most renowned watch making companies, such as Patek Philippe, Rolex, A. Lange & Söhne to name but a few. Geoffroy Ader, Head of Watches, Sotheby s Geneva, said: Comprising around 170 lots, our forthcoming spring watch auction in Geneva will include a well curated selection of fine and exceptional timepieces dating from the 16 th century to the present. We are especially delighted to offer a gold, enamel and diamond presentation watch which was most probably made for Ludwig II of Bavaria, the legendary King who commissioned the fantasy castle of Neuschwanstein.

2 KING LUDWIG II OF BAVARIA WATCH One of the highlights of the sale is a very rare and historically important gold enamel and diamond presentation watch with matching chain and fob seal, most probably made for King Ludwig II of Bavaria, circa Symbolising the Royal Military Order of Saint George, this exceptional timepiece is estimated at CHF30,000-50,000 / $27,000-44,000 / 20,000-30,000* (illustrated on the cover page and below). Founded by Karl Albrecht, Elector of Bavaria, in 1729, the Royal Military Order of Saint George received the following official title: Order of the Holy Knight and Martyr Saint George and the Immaculate Conception of the Holy Virgin Mary. After various changes in Bavarian history, Ludwig I declared that the King would be the Order Grand Master with the Crown Prince as the first Grand Prior and the other Princes of the Bavarian Royal House second Grand Priors of the Order. Most probably Ludwig II paid tribute to that tradition by ordering the present watch. Enamelled on both sides, it is decorated on the back with a scene of the Virgin Mary standing on a crescent moon. King Ludwig II in generals' uniform and coronation robe. Ferdinand von Piloty, Munich, Bayerische Verwaltung der staatlichen Schlösser, Gärten und Seen ** Born in Nymphenburg Palace, near Munich, on August 25, 1845, Ludwig was the eldest son of Maximilian II of Bavaria and Princess Marie of Prussia. He had just turned 18 when he ascended the Bavarian throne after his father s death. Although he was not entirely prepared for his new role, his youth and good looks made him popular in Bavaria and above the Kingdom borders. One of the first acts of his reign was to invite Richard Wagner to his court in Munich. If Ludwig II is still well known today for patronizing the great composer, he is also very famous for the commission and the construction of several extravagant fantasy castles: Neuschwanstein a dramatic Romanesque fortress with soaring fairy-tale towers whose walls are decorated with frescos depicting scenes from Wagner's operas; Linderhof an ornate palace in neo-french Rococo style with handsome formal gardens; and Herrenchiemsee a replica of the main building of Versailles Palace. By 1885, the King undertook new projects in spite of the fact that he was 14 million marks in debt. Since he had not followed his ministers advice, they started seeking a cause to depose him by constitutional means. They finally decided that he was mentally ill and unable to rule. In June 1896, a report, declaring in its final sentences that he suffered from paranoia, was finalized and signed by a panel of four psychiatrists, 2

3 who had never met the King, nor examined him. On June 12, Ludwig was arrested and transported to Castle Berg on the shores of Lake Starnberg. The day after, the King s body was found in the shallow water. His mysterious death remains unsolved to this day. Ironically, the castles which were said to be causing the King s financial ruin have today become extremely profitable tourist attractions for the Bavarian state. The palaces have paid for themselves many times over and attract millions of tourists from all over the world to Germany each year. POCKET WATCHES Among the other pocket watches to be offered for sale are a fine gold and enamel pre-hair spring verge watch with decorative bezel enamelled en ronde bosse by Isaac Gravelle, circa 1660 (est. CHF 30,000-50,000 / $27,000-44,000 / 20,000-30,000) and a gold, enamel and pearl-set cylinder, pair cased clockwatch, n 25719, made by George Prior, London, circa 1800 (est. CHF 12,000-15,000 / $10,000-12,000 / 8,000-10,000 / illustrated left). Son of John Prior of Nessfield, who was also a clock-maker, George was a leading London maker of watches for the Turkish and Islamic markets, in association with Edward Prior, possibly his brother. On two occasions he received an award from the Society of Arts for its productions. Both timepieces come from the property of distinguished European collectors. Another exceptional example of watch making is a fine and heavy pink gold hunter cased minute repeating perpetual calendar chronograph keyless lever watch with moon phases and register, No 80076, made by Patek Philippe in 1880 (est. CHF 120, ,000 / $ 106, ,000 / 78, ,000 / illustrated right). The sale also includes a very rare and small gilt brass drum clock, dated 1550, probably Blois school (est. CHF 25,000-35,000 / $22,000-30,000 / 16,000-23,000) as well as several fantasy watches in the form of cherries, apples and a tortoise carrying estimates starting from CHF 6,000 / $ 5,000 / 3,900. 3

4 THE CARTIER MYSTERY CLOCK The mystery clock, one of Cartier's most enduring creations, first appeared in The name mystery derived from the way the hands revolve around the transparent dial without any visible means of connection to the movement. The effect is achieved by fixing the hands onto separate crystal discs with toothed metal rims driven by gears hidden in some decorative part of the frame or base. The Cartier Mystery Clocks or Pendules Mystérieuses exude a mystic elegance that has captured the imagination of Cartier collectors for decades. Therefore, a highly collectable piece in the sale is an exceptional and rare gold, rock crystal, onyx, enamel and diamond set mystery clock, Cartier, circa 1919, estimated at CHF 220, ,000 / $ 180, ,000 / 140, ,000. VINTAGE WRISTWATCHES The star lot in this section is a gold perpetual calendar chronograph wristwatch with moon-phases Patek Philippe, Ref.2499, circa 1981, from the fourth and final series produced by the renowned company (est. CHF 320, ,000 / 200, ,000 / $280, ,000 / illustrated right). From Rolex the sale includes a yellow gold chronograph wristwatch Monobloco with black dial, Ref. 3525, circa 1950, which is estimated at CHF 60,000-80,000 / $ 50,000-70,000 / 40,000-50,000 and a stainless steel chronograph wristwatch with register and calendar, Ref. 6036, circa 1950, which could sell for CHF 80, ,000 / $ 65,000-85,000 / 50,000-65,000. MODERN WRISTWATCHES The sale also features an exceptional and fine platinum split seconds chronograph wristwatch by Patek Philippe, Ref. 5959P, circa 2005, (est. CHF 300, ,000 / $ 250, ,000 / 195, ,000 / illustrated left). In 2005, Patek Philippe introduced the Ref. 5959, a new split seconds chronograph wristwatch and the company s first fully in house chronograph calibre (CHF PS). This model is the thinnest column-wheel-controlled split 4

5 seconds chronograph ever made measuring a record-breaking 5.25.mm. Only available in platinum and cased in a traditional Officer-style, the watch is a testament to the importance with which Patek Philippe equates the split seconds complication. Other examples of modern wristwatches by Patek Philippe to be offered at auction are an extremely rare yellow gold, perpetual calendar, chronograph wristwatch, Ref. 3971, with a gilt dial, only the second such example to have appeared at public auction (est. CHF 120, ,000 / 80, ,000 / $ 100, ,000 / illustrated right); and a rare oversized chronograph wristwatch in white gold, circa 2002, Ref. 5070G, which could fetch CHF 50,000-60,000 / $ 45,000-50,000 / 30,000-40,000. This section also includes a very fine platinum chronograph wristwatch Datograph Flyback with oversized date, flyback and register, A. Lange & Söhne, circa 2004, which is estimated at CHF30,000-40,000 / $ 25,000-35,000 / 20,000 25,000. IMPORTANT WATCHES Auction in Geneva: Sunday 10 May 2009 at 8.00pm Public exhibition in Geneva: Friday 8 May from 3.00pm to 6.00pm Saturday 9 and Sunday 10 May from 10.00am to 6.00pm * Pre-sale estimates do not include buyer s premium ** Permission to use this image must be obtained by the copyright holder: IMAGES CAN BE PROVIDED ON REQUEST All Sotheby s press releases are published online at 5

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