BREGUET, EXTREMELY RARE AND FINE No. 1056F, 62.5mm POCKETWATCH , SELF-WINDING CAL. 570 PENDULUM MOVEMENT DEVELOPED BY MICHEL PARMIGIANI IN THE PRINCIPLE OF A.L BREGUET, WORLD TIME AND POWER RESERVE, 1 OF 6 EXAMPLES
Lot 138Property of a Lady

BREGUET, EXTREMELY RARE AND FINE No. 1056F, 62.5mm POCKETWATCH , SELF-WINDING CAL. 570 PENDULUM MOVEMENT DEVELOPED BY MICHEL PARMIGIANI IN THE PRINCIPLE OF A.L BREGUET, WORLD TIME AND POWER RESERVE, 1 OF 6 EXAMPLES

Closed10 December 2021

Price Realised

USD 75,000

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BREGUET, EXTREMELY RARE AND FINE No. 1056F, 62.5mm POCKETWATCH , SELF-WINDING CAL. 570 PENDULUM MOVEMENT DEVELOPED BY MICHEL PARMIGIANI IN THE PRINCIPLE OF A.L BREGUET, WORLD TIME AND POWER RESERVE, 1 OF 6 EXAMPLES

CIRCA: 1990s
CASE MATERIAL: 18k Yellow Gold
CASE DIAMETER: 62.5mm
DIAL: Silver Guilloche with Offset Dial for Time and World Time, Power Reserve Scale
MOVEMENT: Automatic
FUNCTIONS: World Time and Power Reserve Indicator
ACCESSORIES: Heavy Brass Desktop Holder For Display, A Certificate Of Authenticity From Emmanuel Breguet

Specialist note

Breguet World Time
With its imposing 18k gold 62mm case size and a large dial showcasing the manufactures guilloche expertise, this timepiece overwhelms when turned over to reveal what appears to be an 18th century perpetuelle movement by A.L Breguet himself.  While you would be forgiven for thinking this, it was actually developed and manufactured by Michel Parmigiani, in the essence of A.L Breguet, for the Breguet brand while it was under ownership of InvestCorp in the 1990’s.  Officially designated by the Manufacture as Calibre 570, even though several media outlets and auction houses have claimed it be “Cal. 90”, the movement is a tour de force of Breguet details and history.  From the solid platinum hammer shaped pendule style rotor, to the well-known and documented Para-chute anti shock balance protection, and finally the finishing done at the highest level.  In our conversation with Monsieur Emmanuel Breguet, he informed us that this was not a souscription piece that was paired with a wristwatch.  Rather, it was a limited edition of only 6 examples made within the 1990’s decade.  This particular example No. 5, was manufactured in 1995 and then sold on 5 September 1997, as confirmed by its accompanying Extract from Breguet.