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    Description

    Elgin, Rare 18k Gold "50 Millionth Anniversary" Watch, circa 1951
    Case: 18 yellow gold, two body, large hinged and hooded lugs, 38 mm x 20 mm
    Dial: black, dot and line markers, sub seconds, gold circle and Dauphine hands
    Movement: No. 50000966, grade 670, gold plate finish, 21 jewels, 7 adjustments
    Band: crocodile, plated buckle


    This Lord Elgin, known as the 50 Millionth Anniversary watch, is truly a rare example. The model was release in 1951 to celebrate Elgin's 50th anniversary and to mark the 50th million watch production. It was a limited release, only 1000 watches were made. The case is crafted out of 18 karat yellow gold with hinged oversize hooded lugs. Powered by Elgin's caliber 670 a 21 jewel mechanical movement with 7 adjustments. Elgin was the first manufacturer to produce 50 million watches. The actual 50th million watch known as the "red feather" resides at Elgin History Museum.


    Condition Report*: Type: Elgin, Rare 18k Gold "50 Millionth Anniversary" Watch, circa 1951
    Dial: black, dot and line markers, sub seconds
    Hands: gold circle and Dauphine hands
    Metal: 18 yellow gold
    Case Info: two body, large hinged and hooded lugs, 38 mm x 20 mm
    Crystal: acrylic
    Watch Movement: No. 50000966, grade 670, gold plate finish, 21 jewels, 7 adjustments
    Band: crocodile, plated buckle
    Condition: The movement is good and running. Servicing recommended. The case is in excellent condition. Dial is refinished.
    *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".

    Auction Info

    Proxy Bidding Ends
    December
    10th Tuesday 2:20 pm CT
    Auction Dates
    December
    10th Tuesday
    Proxy Bidding Time Remaining
    2 Days 4h 5m 19s
    Internet/Mail Bids: 3
    Lot Tracking Activity: 22
    Page Views: 266

    Buyer's Premium per Lot:
    25% on the first $300,000 (minimum $49), plus 20% of any amount between $300,000 and $3,000,000, plus 12.5% of any amount over $3,000,000 per lot.

    This lot is in: 2 - Signature® Internet Session - No Floor or Phone Bidding (Mail, Fax, Internet, and Heritage Live):
    (Lots 54200-54388) - 2:30 PM Central Time, Tuesday, December 10, 2019.
    (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:

    The Langham New York, Fifth Avenue
    400 Fifth Avenue
    New York, NY 10018

    Current Bid:
    $500
    Bid Protection
    w/ Buyer's Premium (BP) : $625.00 Minimum Next Bid: $525 ($656.25 w/ BP)
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