Swiss 18K gold minute repeating pocket dress watch Circa 1920

Thin and elegant pocket watch with open face
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A very fine, thin and elegant, Swiss, minute-repeating, 18K gold, keyless dress watch, circa 1920.
Polished 18-Carat gold case, repeating with two hammers on two gongs activated by a slide in the band. Gilt dial with Breguet radial hours, outer minutes track, subsidiary dial for the seconds, and blued Breguet hands. Frosted gilt movement. Signature on dial and back cover.
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Diameter: 48 mm
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Signed: La Esmeralda Mexico
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J Grosclaude & Cie., Swiss watch manufacturer
Grosclaude & Cie was founded by James Grosclaude around 1885. The company was based in Fleurier and used the name “Esmeralda”. On August 14, 1890, an eagle with a snake was registered as a trademark, movements, cases and dials.