230
Waltham Watch Co.; an early 20th century American keyless marine deck-watch (N.W. 121), the eight...
Currency:GBP
Category:Everything Else / Other
Start Price:NA
Estimated At:800.00 - 1,200.00 GBP
NOT SOLD (BIDDING OVER)
0.00GBP+ applicable fees & taxes.
This item WAS NOT SOLD. Auction date was 2003 Apr 02 @ 10:00UTC
Waltham Watch Co.; an early 20th century American keyless marine deck-watch (N.W. 121), the eight day 15 jewel movement with lever escapement, the silvered dial with Roman numerals and subsidiary seconds and 'up/down' dials, set in a brass bowl with gimbal in a glazed three-tier brass-bound mahogany box, the front set with a brass plaque engraved WALTHAM above an ivorine plaque stamped (N.W.)
121 C. ^ W., the box 12cm square
(see illustration)
£800-1,200
Auction Location:
United Kingdom
Previewing Details:
Saturday 29th March 2003, 9.00 a.m.-12.30 p.m., Monday 31st March 2003, 9.30 a.m.-7.00 p.m., Tuesday 1st April 2003, 9.30 a.m.-4.30 p.m.
Additional Fees:
Shipping Details:
No Info Available
Payment Details:
No Info Available
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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Any claim under any Statute must be received in writing by the Auctioneer within ten days of the day of the sale.
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3. The Auction.
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SELLERS CONDITIONS
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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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BUYERS CONDITIONS
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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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