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    Description

    Chopard Gentleman's Stainless Steel Mille Miglia GT XL Watch
    Case: round, 44 mm, stainless steel, sapphire crystal, skeleton back, 1248398, Ref. # 16/8997,
    Dial: black, luminous Arabic numerals at twelve and six and luminous hour indexes, luminous "Baton" hands, magnified date aperture at three, outer minute track, sapphire crystal
    Movement: automatic, 25 jewels, ETA A0711 base
    Bracelet: black rubber tire tread strap, fold over steel clasp
    Signed: Chopard
    Gross Weight: 143.50 grams
    Note: watch is currently in working order


    Estimate: $3,000 - $4,000.

    Condition Report*: Metals:
    Stainless Steel

    Overall Condition: Very Good
    Condition Notes: dial, case, movement and band are all in very good condition, movement is running

    Chopard: It all began in 1860 in the small village of Sonvilier, Switzerland. Here Louis-Ulysse Chopard, a talented young craftsman, established his workshop. By virtue of their precision and reliability, his watches quickly gained a solid reputation among enthusiasts and found buyers as far afield as Eastern Europe, Russia and Scandinavia. In 1921, the founder’s son, Paul Louis Chopard, opened a branch in La Chaux-de-Fonds and then relocated the company headquarters there. In 1937, he moved the firm to Geneva, the capital of Haute Horlogerie, or Fine Watchmaking, thereby bringing it closer to its cosmopolitan clientele. In 1943, Paul André Chopard, grandson of Louis-Ulysse, took the helm. In 1963 he sought a buyer capable of reviving and perpetuating the brand’s rich heritage, since none of his sons wished to take over the company. This was when he met Karl Scheufele, descendant of a dynasty of watchmakers and jewelers from Pforzheim, Germany. After a brief meeting, Karl Scheufele decided to buy the company. Under the impetus of the Scheufele family, Chopard experienced spectacular development. Renowned for its creativity, its state-of-the-art technology and the excellence of its craftsmen, it became one of the leading names in the high-end watch and jewelry industry. Entirely independent, Chopard is pursuing a time-honoured family tradition. Karl Scheufele and his wife Karin have orchestrated the company’s international expansion for more than 40 years and are still active in the firm. Their two children are its current co-presidents: Caroline Scheufele is responsible for the ladies’ collections and high jewelry, while her brother Karl-Friedrich Scheufele manages the gents' collections and the Chopard Manufacture in Fleurier, the production site of L.U.C movements.

    *Heritage Auctions strongly encourages in-person inspection of items by the bidder. Statements by Heritage regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by Heritage. All lots offered are sold "AS IS".

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    *Reserve Not Met. A reserve has been posted on this lot, but no bids have met the reserve. The next bid will meet the reserve.

    Auction Info

    Proxy Bidding Ends
    June
    11th Monday 4:20 pm CT
    Auction Dates
    June
    11th Monday
    Proxy Bidding Time Remaining
    21 Days 8h 7m 13s
    Internet/Mail Bids: 0
    Lot Tracking Activity: 8
    Page Views: 55

    Buyer's Premium per Lot:
    25% on the first $250,000 (minimum $19), plus 20% of any amount between $250,000 and $2,500,000, plus 12% of any amount over $2,500,000 per lot.

    This lot is in: 3 - Signature® Internet Session - No Floor or Phone Bidding (Mail, Fax, Internet, and Heritage Live):
    (Lots 55405-55496) - 4:30 PM Central Time, Monday, June 11, 2018.
    (Proxy bidding ends ten minutes prior to the session start time. Live Proxy bidding on Heritage Live starts 24 hours before the live session begins and continues through the session.)

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    Additional Location Info:
    Heritage Auctions - Chicago
    215 W. Ohio Street, Suite 1W
    Chicago, IL 60654

    Reserve Amount:
    $2,400
    Bid Protection
    w/ Buyer's Premium (BP) : $3,000.00 Minimum Next Bid: $2,400 ($3,000.00 w/ BP)