£2,000 - £4,000
EARLY IWC AUTOMATIC REFERENCE 854 CIRCA 1957, cream dial, tapered baton hour markers, 34.5mm steel case, inside a 12.5 ligne movement housing the patented Pellaton winding system using a Breguet hairspring. Cal 854, period later black crocodile strap, period IWC Schaffhausen box
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