French gold open faced pocket chronometer watch Circa 1900

Gold pocket lever watch by LIP
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A French 18 carat gold open faced deck chronometer watch, circa 1900. This LIP pocket watch has a mechanical winding movement with a lever escapement. The dial features Roman radial hours, a subsidiary seconds dial, outer railway minute divisions, inner red 13-24 hour numerals, and spade hands. It features an 18 carat yellow gold double bowl. The back is decorated with a radiating monogram. Early 20th century, stamped Horse head.
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Diameter: 50 mm.
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Weight: 75,1 g
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Signed: LIP Chronomètre
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The Lip company was founded in Besançon in the 1860s by Emmanuel Lipmann. In France, it was plagued by strikes and factory occupations in the 1970s and 1980s, which at times even led to collective self-management of the company. The daily newspaper Libération described the events as the social conflict of the 1970s.