JAEGER-LeCOULTRE (MARKET RESERVE - BUMPER), circa 1950 Steel watch with gadrooned bezel and screwed caseback. Silvered dial with applied Arabic numerals and steel hands. Power reserve indicator 40 hours at 12 o'clock (turns red when the movement is unloaded). Large second hand. Leather strap. Movement: Mechanical self-winding caliber with stop signed JAEGER LeCOULTRE / 481 Swiss. Functioning, not revised Diameter: 34 mm. Length: 20 cm.

Composed of several subsidiaries, the Drouot Group is a major player in the art market. Hôtel Drouot, located in the heart of Paris, has been the world's largest public auction center since 1852. 15 salerooms are available to more than 70 auction houses. The emulation generated by an annual offer of 230,000 artworks from 21 major specialities - from Antiquity to street art - attracts some 3,000 visitors every day. The Group's digital platform, Drouot.com, offers digital sales - Live auctions (live broadcasting and participation in auctions), Online-only auctions (dematerialised auctions) and Buy Now sales (sales of lots at fixed prices). Nearly 2 million items are offered annually by 600 auction houses. Auction news is reported every week in La Gazette Drouot, the leading weekly magazine for the art market and culture published by Auctionspress.