Jaeger LeCoultre, The Futurematic Reference E502 Rare 37mm “Porthole”, 1950s

This is a very fine and the absolute rarest versions of my most favorite watches: Futurmatic Ref. E502 made by Jaeger LeCoultre (JLC) in 1954 according to the Extract from the Archives Which is included with the watch. This iconic reference had a short production run between 1952-1958 and represented JLC’s entry into the self-winding wristwatch market with a complex and innovative movement. Jaeger managed to encase the technology in an elegant and pure watchcase which is instantly recognizable thanks to the elimination of the winding crown. The manufacturer presented the watch as the “world’s first fully automatic wristwatch” because it never runs out of power completely. The crown fitted in the back of the watch is used to set time, not to wind. The watch features luminescent plots and hands, making it an unusual example. It comes with a fresh Extract from JLC Archives. The original reference 501 showed the power and running seconds using conventional hands at 3 and 9 o’clock. The rar