• 20’’’ gilt half plate movement with double roller lever escapement, 14 jewels in screwed settings, fusee and raised barrel, diamond endstone • off-white enamel dial, radial Roman numerals, subsidiary seconds, blued steel hands, outer minute track, up/down indication at 12 • 18k yellow gold case, case back with engraving of a winged fortress, gold cuvette • hallmarked London 1894, No 07664, case maker's mark HMF

Movement running at time of cataloging, however not tested for the accuracy of time and may need service at the buyer's discretion. Case in very good condition with light scratches overall. Dial in very good condition with light pitting at 1 to 3 o'clock. Movement in very good condition.
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."

**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.

Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."

Accompanied by a Certificate of Origin dated 4 November 2015 from Charles Frodsham & Co., Ltd., confirming manufacture in 1894. The certificate further notes that the movement was supplied by Preston in 1888.

The present lot is a classic example of 🎐Frodsham up/down watch. The movement, supplied in 1888, was originally bornꦬ as in a hunting case and was transferred to the current open face case in 1894, confirmed by Charles Frodsham & Co., Ltd.