Ratskunk
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Thank you and here is partial answer with a wrinkle...
Nov 08, 2020,08:29 AM
I have the German edition of the Thomas Engel autobiography so not knowing German I at first missed the below passage concerning the Christie's Part III sale but luckily I have some scanned pages from the English edition and until the last sentence it seemed Thomas Engel acquired all 20 lots from Part III but the last sentence: "That evening I spent with Cyril [Rosedale] again. We divided the watches between us and so both of us were happy." Did Thomas Engel and Cyril Rosedale split up the 20 lots and if so who got what (as I mentioned earlier we know at least four Breguets from the Part III sale ended up in the TE collection); what about the other 16 Breguets; Who got what Breguets?
I am more-or-less back to my original question regarding the Christie's Part III sale, if only not for that last fateful sentence: We divided the watches between us and so both of us were happy.
From the Thomas Engel autobiography (English edition page 113)...
Meanwhile, the first two auctions had taken place at Christie's in London. The
20 Breguet watches in each sale were gone within· minutes. Acting through
Mr Mannheimer from Zurich; I was able to purchase one 'Breguet' in the first
and · another in the second auction. The last auction was approaching. Again,
another 20 watches, and this time I really wanted to strike hard. The second
auction had included the watch belonging to Napoleon Bonaparte, which
Breguet had built for him in 1809. But the price escalated to· such an extent that Mr Eddi Mannheimer declined to bid further. I could always rely on him.
He was thoroughly excited when I said I needed his help and that I wanted him
to bid for several 'Breguets' on my behalf. I preferred to; remain in the·
background.
We met at Christie's in King Street on the day of the auction. I had spent the
previous night at 'White Lodge' in order to listen to Cyril's advice.
Eddi Mannheimer sat next to me. "I'll knock you with my knee when I want you
to bid; okay?" I said.
''No problem," he replied, and then everything happened just like in a fairytale: I
had already bought the first 10 watches using my 'knee technique' when it came
to a hard battle with one dealer. Every time the other dealer bid higher, Eddi felt
my knee again. In the end, I had bought the entire catalogue.
The auction was reported the next day in the London nines: "Yesterday, a dealer
from Zurich bought the last remaining Breguet watches from the Sir David
Salomons collection. Seldom in the history of auctions · has . a customer
purchased the entire catalogue."
I had been lucky, but the situation had not been at all normal. On that day it had
simply poured and poured with rain. And the market, too, had been ·rather
saturated by the two previous auctions. So in that respect, the prices had· been
relatively modest. But the value of those watches increased ten-fold in the
coming years and that's what I call a good investment, compared to anything a
bank can recommend. Of course, you have to know your facts well beforehand.
I paid Eddi his commission. He was so proud that he was being talked about as
the most important dealer in old watches. That evening I spend with Cyril [Rosedale] again. We divided the watches between us and so both of us were happy.