108th Auction

2023/5/20

Lot 84

Glashütter Präzisions-Uhren-Fabrik Akt.-Ges.

A collection of 4 Glashuette pocket watches
A Glashuette pocket watch

Sold

estimated
1.2002.500 €
Price realized
2.800 €
specific features
Case
Silver, gold hinges.
Dial
Enamel.
Movement
3/4 plate movement, club-tooth lever escapement, gold screw compensation balance.
Case no.104430
Diam.54 mm
Circa1918
Ctry.Germany
Wt.116 g


The first precision pocket watch marked with movement no. 100001 produced by the company "Glashütter Präzisions-Uhren-Fabrik Akt. Ges." (founded by the brothers Loeske, industrialists and investors from Berlin) was their first timepiece produced away from the established Glashütte system based on the division of labour. Ernst Kasiske, a former manufacturer in Glashütte, who had also worked as regleur for A. Lange & Söhne was employed as manager without owning any shares in the company.