Auction Terms & Conditions PLEASE NOTE: There is a cap of $10,000 on each bid. If you wish to place a bid over $10,000 on an item, please contact us more than 24 hours in advance of the auction's end time at email@example.com.
ONLINE PRE-BIDDING (FREE SERVICE!): You will be able to place your top bids in the system at any time before the lot is sold on June 2, 2019. The system will bid on your behalf as competively as possible, and will only go up to your top bid if necessary to outbid other bidders.
LIVE ONLINE BIDDERS (FREE SERVICE!): Be at your computer or device at auction time, register for the auction, and then click on the flashing blue BID LIVE button. Click on the blue ENTER RING button, and you're in! (Please note you will not be able to ask questions or ask that the auction be paused for you; you will only be able to see the progression of bids on each lot as it comes up, and you will be able to place bids if desired. The auction is fast-paced, at about 100 lots per hour, so you will need to have done your research ahead of time! A live feed will be available to watch but there will be about a 2-5 second lag. The live feed cannot be viewed from a mobile phone.)
AFTER AUCTION INVOICING: Invoices will go out on Monday. IF YOU DO NOT receive an invoice by email on Monday following the auction, please check your spam or junk folder. Thank you!
* There is NO Buyer's Premium and NO Reserves.
* Payment by check, wire transfer, or TransferWise. (NO Paypal. NO credit cards - please see payment section.)
* Shipping is NOT free for Live Webcast Auctions. A SHIPPING FEE WILL BE ADDED TO ALL INVOICES. If desired, you may contact us for a quote for International shipping charges. NOTE THAT LARGER CLOCKS, SIGNS, ETC. are the responsibility of the buyer. We do not ship larger items, and a note is found in the description where applicable.
* We reserve the right to cancel and/or reopen the auction in the case of system failures.
ALL DESCRIPTIONS GUARANTEED, 10-DAY RETURN PRIVILEGE FOR MISREPRESENTATION OR ERRORS.
If you have any issues with an item or shipment, please contact us immediately and we will resolve the problem.
Key to abbreviations: "APW" = American pocket watch | "cal" = caliber | "ct" = carat weight | "ctw" = total carat weight for multiple stones | "DS" = double sunk (for dials) | "dwt" = pennyweight (20 per ounce troy) | "EPW" = European pocket watch | "g" = gram (31.1 per troy ounce) | "GJS" = gold jewel setting(s) | "GRO" = good running order (see our grading system, next page) | "HC" = hunting case | "hl" = hairline | "hls" = hairlines | "HS" = hairspring | "J" = jewel(s) | "K" = karat of gold quality | "KW" = key-wind | "KWKS" = key-wind key-set | "LS" = lever set | "mm" = millimeter | "mvt" = movement | "NOS" = new old stock | "NR" = not running | "OF" = open face | "PW" = pocket watch | "QS" = quick set | "ref" = reference | "RR" = railroad | "S" = size | "s#" = serial number | "SS" = single-sunk (for dials) | "SW-LS" = stem-wind lever-set | "SW-SS" = stem-wind stem-set | "WW" = wristwatch
Good running order (GRO) only means that the balance and escapement are performing in healthy fashion and without apparent defect, but does not guarantee timekeeping or warrantee future performance; unless otherwise noted, our timepieces are not serviced by us, and we do not know when they were last serviced from our sources. We do our best to indicate any potential problems or needs for repair.
The Jones & Horan plain English grading system follows this general order from top to bottom for mvts, component parts, metal dials, hands and cases: Pristine (without defect, untouched) | Mint | Near Mint | Excellent | Fine (the average grade for most used, running watches) | Fair | Poor. We no longer use "good" as a grade as it can be misleading, so it only applies to function (see below). We then describe any salient defects that should be called to the attention of the potential buyer.
With respect to wear, we also use the following terms in order: No wear | Hardly any wear | Very little wear | Little wear | Very light wear | Light wear | Medium wear | Ample wear | Substantial or abundant wear | Worn out. These general terms are used in combination with precise descriptions of defects for further elaboration where needed.
Enamel dials are not necessarily graded, but called "perfect" when free of cracks, chips or hairlines, which are structural and always noted. Surface defects such as scratches, discoloration or graphical defects may be present on a perfect dial, and are noted separately.
The term, "Good," is only used alone to indicate that the watch or its function is doing what it should be doing, as in "good running order, good repeat function and tone, good chronograph and date functions," etc. These functions are not rated or graded. "Good crystal" means without meaningful defect, as does "Good dial."