DEUTSCHE PRÄZISIONS-UHRENFABRIK GLASHÜTTE E.G.M.B.H. open face pocket watch in silver, Germany around 1920, smooth Lucia-case, gold hinges, enamel dial with Arabic numerals, constant second at 6, blued spade hands, gold plated 3/4-board-movement, 2 screwed down gold chatons, compensation-balance with Breguet- hairspring, precision adjustment, diameter approx. 54 mm, overhaul recommended at buyer's expense, condition 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.