Lot 82 PROPERTY OF THE FAMILY OF THE ORIGINAL OWNER
VACHERON CONSTANTIN. A RARE ALUMINUM OPENFACE KEYLESS LEVER PRESENTATION WATCH
SIGNED VACHERON & CONSTANTIN, GENEVE, MOVEMENT NO. 455193, CASE NO. 286908, REF. 4348, MANUFACTURED IN 1945
Closed10 June 2009
Price Realised
USD 3,000
More Information
Specialist note
Accompanied by Vacheron and Constantin presentation box and papers.
In 1902, the Pittsburgh Reduction Company (later Alcoa) incorporated a Canadian subsidiary called Northern Aluminum Company, which was renamed Aluminum Company of Canada in 1925. Alcan, as it was eventually called, separated from Alcoa in 1928. By the beginning of the 21st century, Alcan was a large conglomerate, having bought up smaller companies including Pechiney of France. In 2007, Alcoa announced a bid for a hostile takeover of Alcan, but mining giant Rio Tinto announced a higher bid which was subsequently accepted, and Rio Tinto Alcan was formed, the world's largest aluminum company. Alcan gave this Vacheron Constantin pocket watch to show appreciation to employees who had completed 25 years of service.
In 1902, the Pittsburgh Reduction Company (later Alcoa) incorporated a Canadian subsidiary called Northern Aluminum Company, which was renamed Aluminum Company of Canada in 1925. Alcan, as it was eventually called, separated from Alcoa in 1928. By the beginning of the 21st century, Alcan was a large conglomerate, having bought up smaller companies including Pechiney of France. In 2007, Alcoa announced a bid for a hostile takeover of Alcan, but mining giant Rio Tinto announced a higher bid which was subsequently accepted, and Rio Tinto Alcan was formed, the world's largest aluminum company. Alcan gave this Vacheron Constantin pocket watch to show appreciation to employees who had completed 25 years of service.