百達翡麗，極精細及罕有，18K金懷錶，配三問功能，機芯於1907年製，1949年裝殼及出售

Formerly in the Theodor Beyer Collection
The watch was originally sold to Theodor Beyer at Antiquorum Hong Kong in May 1981, lot 162. It was purchased by the present owner at The Private Collection of Theodor Beyer auction, Antiquorum, Zurich, 16 November 2003, lot 126, and has remained in his collection until the consignment to this auction.

As the sixth-generation owner of one of the world's leading watch retailers, Theodor Beyer (1926-2002) was among the foremost figures on the international watch scene during the second half of the twentieth century. He was a broadly recognized scholar, an avid collector and brought together an exquisite range of timepieces that was to become the basis of the Clock and Watch Museum Beyer Zürich set up in 1970/71.

Born in 1926 into a family of watch dealers and watchmakers whose business has existed since 1760, Theodor was exposed to the world of horology from an early age. After training as a watchmaker in Solothurn, Switzerland and subsequently working for the Henry Stern Watch Agency in New York, the twenty-one-year-old Theodor joined the family business, Chronometrie Beyer, in 1947. Just eight years later upon the passing of his mother, he took charge of the firm, which has occupied the same building at Zurich's prestigious Bahnhofstrasse 31 for more than eighty years.

Theodor steered the family business through a period of transition in the watch industry when a shift in consumer tastes meant less demand for traditional pocket watches. Despite that change in the market, the firm prospered over time and Theodor enjoyed close ties and personal friendships with many of the figures behind the Swiss watch industry, including Hans Wilsdorf, the founder of Rolex, and the Stern family, owners of Patek Philippe. He also travelled widely to auctions over the years and continued to expand his collection of timepieces. He passed away in 2002. The business is now run by his son René Beyer.