Fine Jewellery | 27 November 2014

Back to Catalogue
Currency

Lot no.

722

An enamel and emerald 'Serpenti' bangle wristwatch by Bulgari, circa 1968

Sold for £68000

Est: £25000–35000

An enamel and emerald 'Serpenti' bangle wristwatch by Bulgari, circa 1968, the highly flexible triple coil serpent's body with turquoise and white enamel scales, to a similarly enamelled head with pear shaped emerald eyes, the head hinged to reveal a concealed watch movement by Jaeger LeCoultre, 17 jewel Jaeger LeCoultre back wind and set movement, signed Jaeger LeCoultre and Bulgari on the dial, and signed Bvlgari to the back of the snake's head with Italian control marks, in a brown leather bound velvet fitted Bulgari Roma box
Introduced in the late 1940s, Bulgari initially constructed their Serpenti watches from hollow 'tubogas' coils of interlocking strips of gold, but by the 1960s the enamel versions were elaborately handmade from sheets of gold which were screwed and pivoted together, with a white gold spring inside the bangle giving the incredible flexibility. The Serpenti watches found celebrity acclaim when Elizabeth Taylor was photographed wearing a gold and diamond version on the set of 'Cleopatra' in 1962. The enamel versions begun to be produced from around 1967 onwards in exotic colour combinations, such as the example offered here.
Literature:
Triossi, A., Ā¾tween Eternity And History: Bulgari: From 1884 To 2009: 125 Years of Italian Jewels', Skira, Milan 2009, Exhibition Book, pp 188 - 199 for the history of Serpenti watches and illustrations of some of the different colours produced by Bulgari
Chapman, M. & Triossi, A., 'The Art Of Bulgari: La Dolce Vita And Beyond: 1950 - 1990', DelMonico Books & Fine Art Museums of San Francisco 2013, Exhibition Book p 60 for original design sketches of enamel Serpenti watches, and pp64 - 67 for illustrations of similar examples of Serpenti watches from the1960s
Triossi, A. & Mascetti, D., 'Bvlgari', Milan 1996, pp250 - 252 for illustrations of other similar enamel Serpenti watches

Overall excellent condition with very light wear. Two white enamel scales have very minor scuffs and nicks, including very small enamel loss by one eye, otherwise no overall apparent chips, nicks, scratches or scuffs to the enamel. The emerald eyes are original with no chips or nicks.The fastening outer clip on the Bulgari box is broken. Movement in need of an overhaul and balance staff.

Fine Jewellery

Thursday 27 November 2014, 3.00pm

Dreweatts London
Bloomsbury House
24 Maddox Street
London
W1S 1PP

Viewing

Viewing Newbury:
15th Nov
9am-12.30pm
16th Nov
10am-2pm
17th Nov
9am-6pm
18th Nov
9am-5.30pm
19th Nov
9am-4.30pm
Viewing London:
23rd Nov
11am-4pm
24th Nov
9.30am-5.30pm
25th Nov
9.30am-7.30pm
26th Nov
9.30am-5.30pm
Sale day from 9.30am

Important Information

This website includes general reports of the condition of the property for various lots in this Sale. The absence of any condition or condition report does not mean, or imply, that the lot is free from any damage or restoration. If you require a condition report, please click on the Enquire about this lot button on the lot details page. We are not professional restorers and do not undertake conservation, and we strongly recommend that you consult such a professional of your choice who will be better able to provide a detailed report. Whilst we undertake every reasonable effort to provide a comprehensive representation of every item, prospective buyers should inspect each lot to satisfy themselves as to condition. Any statement, whether written or verbal made by The Fine Art Auction Group (trading as Dreweatts, Dreweatts 1759 and Bloomsbury Auctions), its staff and agents, is a subjective, qualified opinion and is only provided on this basis. Prospective buyers should also refer to any Notices regarding this sale, which are printed in the Sale Catalogue.

ALL LOTS ARE OFFERED AND SOLD IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE AND ANY REPORT OR VERBAL OBSERVATION IS ONLY PROVIDED ON THIS BASIS.

Artist's Resale Rights (“Droit de Suite”)

Lots marked with a delta symbol (δ) are subject to the Artist's Resale Right Law.The buyer agrees to pay Bloomsbury Auctions an amount equal to the resale royalty and we will pay such amount to the artist's collecting agent. Resale royalty applies where the Hammer price is 1,000 Euros or more and the amount cannot be more than 12,500 Euros per lot. The amount is calculated as follows:

Royalty For the portion of the Hammer Price (in Euros)
4.00% up to 50,000
3.00% between 50,000.01 and 200,000
1.00% between 200,000.01 and 350,000
0.50% between 350,000.01 and 500,000
0.25% in excess of 500,000

Invoices will, as usual, be issued in Pounds Sterling. For the purposes of calculating the resale royalty the Pounds Sterling/ Euro rate of exchange will be the European Central Bank reference rate on the day of the sale.