LIP nearly mint wristwatch in steel, France around 1950, manual winding, screwed down case, rear site crowned emblem of Besancon, original steel elastic-band as well as hang- tag with movement-number, silvered duoton- dial, pearl-minutes, applied gilded indices and numerals, gilded dauphine hands, sweep seconds, nickel plated movement calibre 25 with fausses cotes decoration, 18 jewels, screw balance with Breguet-hairspring, diameter approx. 34 mm, needs to be overhauled movement resinified, condition 1-2

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.