Swiss important astronomical gold pocket watch Circa 1902

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Kenmerk
AD2483
Diameter
54 mm
Estimate
€ 120.000 - 200.000
Price sold
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Minute repeater with split seconds by Patek Philippe & Co.
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An important astronomical Geneva pocket watch with minute repeater, perpetual calendar, moon phase and split seconds chronograph, circa 1902. Made for Shreve, Crump & Low Co. Boston and sold on February 23rd 1903. With original box, certificate and Patek Philippe extract from the archives, former property of Dow Jones president Clarence W. Barron.
An 18 carat gold monogrammed case, the dial is enamel with inlaid scales for day-, date-, month and year-indication and blue hands. It has a bridge movement,  2 hammers / 2 gongs and a gold screw compensation balance. Dial and movement signed.
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Diameter: 54 mm
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Weight: 165 g
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Signed: Patek Philippe & Co. Geneva
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Two photographs dating from the 1920s show Clarence W. Barron onboard a yacht, holding his gold pocket watch in his hand. The watch is most likely this timepiece, which, according to the inscription, he was given by his wife Jessie for Christmas 1903.
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Clarence W. Barron (1855-1928) is regarded one of the most influential figures in the history of the Dow Jones & Company and the founder of modern financial journalism. He worked for a number of papers in his home city of Boston and established two news agencies for the financial industry in Boston and Philadelphia in 1887 and 1897. After the death of co-founder Charles Dow, Barron bought the Dow Jones & Company in 1903 for 130,000 $; he became president of the company in 1912 and remained in this position until his death – a position of considerable influence on the Wall Street Journal. He became a member of the upper echelons of Boston society with his daughter Jane’s marriage to Hugh Bancroft.
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This intricate pocket watch by Patek Philippe is not only a sophisticated collector’s piece but also a fantastic asset. To the best of our knowledge, Patek Philippe only ever produced about 70 examples of this type.
The watch is noticeably heavy for a Lepine watch (165 g) and also very large, making for a wonderfully comfortable feel when the watch is held. For all its many indications, the dial is elegant and clear-cut. The movement is in pristine original condition.
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Shreve, Crump & Low were founded in 1796 and are based in Boston, Massachusetts; the company is the longest-standing supplier of high value gold and silver wares as well as luxury goods in North America. Shreve, Crump & Low had close relations with Patek Philippe for decades; the company is also responsible for a number of important trophies such as the Davis Cup trophy and the Cy Young Award.

Signed: Patek Philippe & Co. Geneva

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