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-CONTRACT
If you are interested in consigning property to Antiquorum, we invite you to contact one of our experts to examine and valuate the goods (see the list of our offices at the front of the auction catalogue). If you are unable to visit one of our offices, you can mail, fax or e-mail a photograph of the property with any pertinent information to one of our experts for examination. If you decide to sell your property through Antiquorum, a contract will be drawn up which describes the lot(s) and establishes reserve(s), as well as sets forth terms and fees for services we provide. The reserve is a minimum price for the seller, which is determined in mutual agreement between the seller and Antiquorum. A lot cannot be sold at auction under that price.
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- FOR TRADITIONAL AUCTIONS
seller’s commissions are charged on sold lots only: 15% for lots sold up to a value of SFr 7’000 (and for lots sold in thematic auctions); 10% for lots sold for SFr 7’001
and above.
• Antiquorum also charges an insurance premium of 1% on the final hammer price for each lot sold or on the basis of the reserve for unsold lots. If the seller wishes to use his/her own insurance coverage, a disclaimer letter must be provided to Antiquorum.
• A fee for catalogue photography will also
be applied, and laboratory certification, repair
and restoration fees may be incurred where applicable.
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- SPECIAL FINANCING
Under certain circumstances, Antiquorum may advance funds to a seller against the goods consigned for sale. For information, contact an Antiquorum expert or agent.
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- BIDDING IN THE SALEROOM
Lots offered for sale are auctioned in numerical order as they appear in the catalogue. The lot being auctioned is announced by the auctioneer, as well as shown live or illustrated on a screen at the front of the saleroom. Bidders are advised to have the auction catalogue to hand during the sale for reference
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- DELIVERY OF PROPERTY TO ANTIQUORUM
Property to be delivered for a forthcoming auction
should be consigned to Antiquorum no later than
45 days prior to the sale date. Antiquorum’s
staff is at your disposal to help arrange the delivery
of property to Antiquorum. Please do not hesitate
to call us in Geneva
+ 41 (0)22 909 28 50; or contact the Antiquorum office closest to you (see the list of offices).
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- PRE-AUCTION NOTIFICATION
For items sold in a traditional auction, each seller
will receive a complimentary auction catalogue
two weeks before the sale. Sellers will also receive
a statement indicating the lot number(s) and reserve(s)
for their property included in the sale.
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- POST-AUCTION NOTIFICATION
Shortly after the sale, sellers will receive notification
of the outcome of the sale of their property.
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- PAYMENT
Payment will be sent to sellers within approximately
40 days from the day of the sale, providing that
the lot(s) have been settled by the buyer(s).
Vendors should be aware that all unsold lots
having been imported into Switzerland for the
sale, which are not collected or reconsigned
within 30 days of the date of the sale, will
be exported at the vendor’s expense to
our secure free port location.
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- IMPORTANT NOTICES
Please refer to the Conditions of Sale printed in the back of the auction catalogue for further information.
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- STATEMENT OF CONDITION
Before the sale, all lots may be examined during
the exhibition times listed in the catalogue. All
interested persons are advised to personally examine
the condition of the objects prior to purchase. Buyers,
including, without limitation, bidder’s representatives and auction agents are understood to have examined all lots which they purchase and to accept them as they are at the moment of “knock-down” and
sale, and not necessarily as described in any written
material or oral communications.
Those persons interested in purchasing any of the
lots being sold shall be responsible for examining
the lots personally to confirm their actual condition.
All lots are sold “AS IS” according to their condition at the moment of “knock-down” and
sale.
Neither Antiquorum SA. nor the Seller have any responsibility whatsoever for any defect or deterioration of any lot.
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- WRISTWATCHES, POCKET WATCHES AND CLOCKS
The timekeeping of watches, clocks and chronometers
cannot be guaranteed under any circumstances. Buyers
are advised that water-resistant and waterproof watches
have been opened by Antiquorum’s experts at
the cataloging stage to allow for the accurate description
of movements. These watches may also have been opened
at various times during viewings preceding the auction.
Antiquorum SA. cannot under any circumstance guarantee
that these watches are waterresistant or waterproof
at the time of purchase. Buyers of water-resistant
and waterproof watches are strongly encouraged to
have such watches inspected by a competent watchmaker
of their choice with respect to such attributes.
Any opinions on the condition of the timepiece lots
described in this catalogue have been established
by Antiquorum’s experts and watchmakers. Such statements are given on the basis of the age of the timepiece and of the techniques used at the time of manufacture. Antiquorum’s
opinion on the condition of any timepiece may appear
to be in contradiction with that of important watch
manufacturers today, as timepiece manufacturers base
their judgments on the condition of vintage watches
according to the techniques used in their workshops
today. Any such statement on condition made by Antiquorum
SA. hereunder is merely the opinion of Antiquorum
SA. and does not constitute a representation or warranty
by Antiquorum SA.
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- IMPORT/EXPORT RESTRICTIONS AND TAXES
Certain items including items made of tortoiseshell
or ivory, and wristwatches with crocodile watch
bands may be subject to importation restrictions
in certain countries. Please consult your local
customs authority for information about importing
items made of these materials. The Buyer is responsible
for the payment of all applicable import and
export duties and taxes relating to the lots
purchased.
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- IMPORTANT NOTICE REGARDING IMPORTATION TO THE UNITED STATES
United States laws restrict the import of Corum, Piaget, Franck Muller and Rolex watches. Antiquorum cannot arrange the delivery of these watches to the United States due to these restrictions. The buyer is responsible for collecting purchased property in the country of sale.
Buyers are also advised that Antiquorum reserves the right to remove bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile). Buyers are responsible for compliance with any applicable export and import regulations of the United States Department of Fish and Wildlife Services.
Buyers must consult their local customs authority for information about importing items such as stated above. The Buyer is responsible for the payment of all applicable import and export duties and taxes relating to the lots purchased
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