IMPORTANT NOTICE

STATEMENT OF CONDITION

Antiquorum and MC Luxury Auction provides descriptions of watches, clocks and jewelry and their condition in this catalogue as a service to prospective buyers. Any such description or condition are statements of opinion for general guidance and should not be treated as statements of fact. All lots are sold “AS IS” at the moment of “knock- down” and cannot be returned on the grounds that repairs have been made or parts supplied by anyone than the named makers. All watches and jewelry shall be viewed personally to evaluate their condition prior to the auction. Although we endeavor to mention in our descriptions significant defects, needed repairs, absent stones and the like, we do not guarantee that the descriptions are comprehensive. Please note that descriptions may not specify all mechanical and technical defects, replacement of original parts, or authenticity of individual component parts (such as wheels, hands, crowns, crystals, screws, bracelets, buckles, deployant clasps and leather bands since subsequent repairs and restoration work may have resulted without Antiquorum’s knowledge.) Furthermore, we make no judgments as to whether diamond dials, diamond bezels, diamonds and precious stones originated at the factory or are later additions. We do not guarantee the accuracy or operation of any watch function such as timekeeping, chronograph, calendar, repeat or register. Buyers are advised that boxes, certificates or any other accessories are not available unless stated otherwise. The dimensions given in the catalogue descriptions are overall tip-to-tip and most often ecclude the lugs. Buyers of water- resistant and waterproof watches are strongly encouraged to have such watches inspected by a competent watchmaker of their choice upon purchase since these watches have been opened by the Antiquorum watch experts during cataloging. Watches and jewelry may not be taken apart whilst on view without consent of Antiquorum’s watch experts. Antiquorum and MC Luxury Auction will accept requests for condition reports with additional photographs via email at monaco@antiquorum.swiss. To best accommodate any requests, please submit all inquiries no later than two days prior to the sale date. Kindly limit the number of requests to the lots of serious interest. For any request for condition reports made after 18 hours prior to the sale, Antiquorum and MC Luxury Auction do not undertake to issue them. Antiquorum and MC Luxury Auction shall have no responsibility for any error or omission in the condition reports and may not specify all mechanical and technical replacements, imperfections, repairs, restorations or the effects of aging in the movement, case or dial.

• MC Luxury auction and Antiquorum now take credit cards as payment for lots won at auction. (Master Card, Visa and Amex :additional charge)

• 1.8% service charge for MasterCard and Visa and 2.59% charge for American Express.

• For buyers having paid by credit card, a shipping delay of 3 to 7 working days may apply in order to do additional controls.

BUYER’S PREMIUM

FOR WATCHES:
In addition to the hammer price, the buyer’s premium is payable as follows: 30% including VAT (25% excluding VAT) until € 500 000, 24% including VAT (20% excluding VAT) from € 500 001 to € 5 000 000 and 15 % including VAT (12,5% excluding VAT) for all amounts in excess of € 5 000 001.

FOR JEWELS:
In addition to the hammer price, the buyer’s premium is payable as follows: 30% including VAT (25% excluding VAT) until € 500 000, 24% including VAT (20% excluding VAT) from € 500 001 to € 5 000 000 and 15 % including VAT (12,5% excluding VAT) for all amounts in excess of € 5 000 001.

EXTRA FEES
For users of Invaluable bidding platform, extra fees (5% of the hammer price) will be charged.
For users of Antiquorum bidding platform, there won’t be any extra fees.

IMPORT/EXPORT RESTRICTIONS AND TAXES

Buyers are advised that Antiquorum and MC Luxury Auction will remove bands made of materials derived from endangered or otherwise protected species (i.e. alligator, caiman, lizard, snake…) prior to shipping lots abroad. Buyers are responsible for compliance with any applicable export and import regulations. Moreover certain items made of tortoiseshell, ivory, coral may be subject to importation restrictions in certain countries. Please consult your local customs authority for information on importing items made of these materials. The Buyer is responsible for the payment of all applicable import and export duties and taxes related to the lots purchased.

SHIPPING AND INSURANCE

Winning lots (watches and jewelry only) will be available for pick up at our Monaco office for buyers having selected the collect point Monaco and at our Hong Kong office for buyers having selected the collect point Hong Kong. All others will be shipped directly to their location as per buyer‘s instructions. Please note that buyers are responsible for all shipping fees and any other applicable fees including value added tax, customs duties etc… for importation to their respective countries.

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