AUCTION : 220925

Horology & Jewelry Virtual Auction Event
Sunday, September 25th, 2022

- No Reserves - No Buyer's Premium - No Sales Tax - No Online Bidding Fees -

Stock#: JH60417

DESCRIPTION: APW - Charles Fasoldt, Albany, NY, exceedingly rare two-train stop/start chronograph with upper chronograph register having co-axial seconds and minute recording as well as 1/5-second jump within a small sub-register of two-second interval, subsidiary timekeeping seconds-register at lower-left, and an additional subsidiary register displaying 24 hour time at lower-right, co-axial double wheel lever chronometer escapement, 18S, heavy 18K gold HC recase with professional quality purpose-made modifications to accommodate the unique needs of present watch, casemaker's "E.H" in cameo, gold cuvette, removable key within crown, button on band at 2 for stop/start chronograph function, slide on band at 4 for selection of winding the chronograph train, winding the timekeeping train, and for release of removable setting key secured within pendant, white enamel DS dial with chronograph register at top, subsidiary seconds-register at lower-left, and 24 hour timekeeping register at lower-right, SW-KS with additional setting arbor for reset of chronograph minute hand (removable key is contained within case pendant), co-axial chronometer lever escapement, rose gold Fasoldt patent regulator, rose gold jewel settings on both trains, fausses-cĂ´tes pattern nickel damascene, s#503. Gross weight of assembled watch 108.2 dwt (168.3 g). An exceedingly rare complication from this notable independent American maker, per Michael Harrold's excellent "Charles Fasoldt, Horologist and Inventor" book it is believed that only approximately 6 examples of Fasoldt's two-train timer were produced. Harrold notes that serial numbers for this type begin at about 500, and that examples at serial number 500 and 504 were known to exist, as well as there being a record in Fasoldt's Albany ledger of the sale of an example at serial 505 to a doctor for $400. Our presently offered example at serial 503 therefore tucks neatly within this same known serial range. Our firm has previously handled this piece in 2012 when the movement was mounted in a miniature clock case and was lacking some of its stemwinding components, and in the years since it has been treated to an extraordinary professional quality restoration involving fabrication of its lacking components and pairing with the present purpose-modified 18K gold hunting case. Three pages of information from the restorer regarding the operation of this watch, the degree of its restoration, and an assessment of its winding design are included among our photos.
CONDITION: Mvt: Running, good stop/start chronograph, good 1/5-second jump function, good 24 hour timekeeping register function (this register displays time in tandem with timekeeping hands, and sets in tandem with the hands, and does not have a traditional winding indicator functionality despite its "Wind Up" marking), PLEASE NOTE that the operation of the winding functions and the setting function of this watch is relatively complicated involving specific operations of the crown and the case slide that must be performed in the correct manner as is displayed in our photo 9 of the page titled "The Manual," fine-plus cosmetic mvt condition overall, scattered fine to micro-fine scratches and small surface spots, restoration of the watch included fabrication of the crown wheel bridge and one of the rose gold jewel settings over the chronograph train and these fabricated components have been matched very well in finish and condition to the remainder of the mvt, photos of the mvt prior to its restoration can be viewed at this link ... https://www.archive.jones-horan.com/?auction=All&searchfor=Fasoldt+s%23503&sort_by=date&show_thumbnails=true&limitnbr=250&Submit=Search; dial with small fractures and associated small surface flake above chronograph register at 12:30, minuscule nicks to rims of chronograph register hole and 24 hour timekeeping register hole, small affixing screws at 15 and 45 minute positions have been covered over in white fill material and small triangle minute hash markings have been added to these areas; excellent hands; case shows medium wear, some scattered nicks and mild dings, reduced engine turning detail with full loss through shoulders, front hinge is missing its end-caps, reverse of pendant has an evident gold plug where a stem detent screw would have once been located; tight bow, crown shows medium wear; good glass crystal.
ESTIMATE: $15000 - $30000

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