883
Rolex, Oyster Perpetual Day-Date, a gentleman's 18ct gold bracelet watch, circa 1986, no.9302271,...
Currency:GBP
Category:Everything Else / Other
Start Price:NA
Estimated At:3,000.00 - 3,500.00 GBP
NOT SOLD (BIDDING OVER)
0.00GBP+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2003 Mar 19 @ 10:00UTC
Rolex, Oyster Perpetual Day-Date, a gentleman's 18ct gold bracelet watch, circa 1986, no.9302271, ref.18038, brushed gold dial with raised baton numerals and hands, outer Roman chapter and day/date apertures, three piece Oyster case on 'President' bracelet, 27 jewel automatic movement, Cal.3055, no.1772588, adjusted 5 positions and temperatures, case, dial, movement and bracelet signed, with original brown leather bound box, numbered guarantee and booklet
(see illustration)
£3,000-3,500
Auction Location:
United Kingdom
Additional Fees:
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1. Definitions. In these Conditions Dreweatt Neate act only as auctioneers and agents for the seller and the representative of Dreweatt Neate conducting the auction is called the 'Auctioneer'
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2. General. Whilst Dreweatt Neate make every effort to ensure the accuracy of their catalogues and the description of any lot: -
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Each lot as set out in the catalogue or as divided or combined with any other lot or lots is sold by the seller with all faults, imperfections and errors of description.
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SELLERS CONDITIONS
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13. Insurance
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All goods on Dreweatt Neate's premises and in their custody will be held insured against the risks of fire, burglary and water damage for which insurance Dreweatt Neate will charge a premium of £1 per £100 (minimum £1). The value of the goods so covered shall be the gross amount realised, or in the case of unsold lots the best bid, or in the case of loss prior to sale, the reserve price. When no reserve has been fixed, at that price which the staff of Dreweatt Neate shall at their absolute discretion estimate to be the auction value of such goods.
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In respect of any article delivered to Dreweatt Neate if the seller has in force a policy or policies of insurance in which the article is specifically mentioned as being insured whether or not for an agreed sum or value, the seller shall notify his insurers of, and shall himself note Dreweatt Neate's interest as bailees in such policy or policies.
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14. Reserves.
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In the event of any reserve price not being reached at auction, Dreweatt Neate are empowered to sell after the auction, by private treaty, at not less than the reserve price, as long as the' goods remain on Dreweatt Neate's premises. In the event of such a sale by private treaty the Conditions of Sale applicable to a buyer governing the auction will apply.
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BUYERS CONDITIONS
21. Inspection. Opportunity is given for inspection and each buyer by making a bid for a lot acknowledges that he has satisfied himself fully before bidding by inspection or otherwise to all the Sale Conditions, the physical condition of and description of the lot including but not restricted to whether the lot is damaged or has been repaired or restored.
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24. Removal of Goods.
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No purchase shall be claimed or removed until the sale has been concluded. All lots shall be paid for and removed at the buyer's risk and expense by the end of the second working day after the sale, failing which the Auctioneer shall not be responsible if the same are lost, stolen, damaged or destroyed, and all lots not so removed shall remain at the risk of the buyer and subject to a warehousing charge. If they are not paid for and removed within seven days of the sale the Auctioneer may re-sell them by auction or privately without notice to the buyer. Any liability which there may be on the part of the Auctioneer in respect of any loss shall be restricted to a maximum of the price paid by the buyer of the lot.
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In the event of any failure of the buyer to comply with any of the above conditions the damages recoverable by the seller or the Auctioneers from the defaulter shall include any loss arising on any re-sale of the lots, together with the charges and expenses in respect of both sales, and together with interest at 2% above Barclays Bank plc Base Rate upon the price of any lot which has not been paid for within forty-eight hours of the sale, and any money deposited in part payment shall be held by the Auctioneers on account of any liability of the defaulter to them or to the seller. The Auctioneers are unable to accept payment from successful bidders other than in cash or by the bidder's own cheque. Cheques drawn by third parties, whether in the Auctioneer's favour or requiring endorsement, cannot be accepted.
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25. Purchase Price. The buyer shall pay the hammer price together with a premium at the stated rates on the hammer price. Under the Auctioneers' Margin Scheme operated by HM Customs & Excise, the premium does not attract VAT as an addition to the stated premium rate.
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26. Commission to Bid. Dreweatt Neate will execute bids on behalf of intending buyers unable to attend the sale at no charge. Dreweatt Neate undertake to purchase lots as cheaply as allowed by other bids and reserves. Bids must be submitted in writing and whilst every care is taken in carrying out instructions Dreweatt Neate cannot be held responsible for errors or omissions made in carrying out such bids.
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27. Lots on which Value Added Tax is payable on or included in the hammer price are indicated in the catalogue or description sheet with a sign. VAT is payable on or included in the hammer price of such lots at the rates prevailing on the day of the auction.