Antiquorum A-auction

Extras March 5, 2003 admin

A-auction Of
Important Collector’s Pocket Watches & Wristwatches

Thursday, March 20, 2003
beginning at 10:00 a.m (New York time) on www.antiquorum.com

On Thursday, March 20, beginning at
10:00 a.m. (New York time) Antiquorum will hold an A-auction
devoted to Important Collector’s Pocket Watches and Wristwatches. The
electronic catalogue for this auction, complete with images, descriptions
and Antiquorum’s grading system will be available EXCLUSIVELY ONLINE at
the beginning of March. The online auction will feature over 150 lots of
collector’s pocket watches and wristwatches, antique, vintage and
modern. All watches will be auctioned in alphabetical order according to
brand name. Among the brands offered for sale online are Audemars Piguet ,
Baume & Mercier, Breitling, Cartier, Jaeger LeCoultre, Omega, Patek
Philippe, Piaget, Rolex, Vacheron Constantin and many many more. There are
also several old/new stock watches certain to attract the interest of
collectors worldwide. The A-auction catalogue also
features a search engine which allows clients to view watches according to
type, metal, price, brand name, and the decade of production. The
selection of collector’s watches gathered for this A-auction will be
exhibited on the following dates:

Beverly
Hills:

Grand Havana Room

301 North Canon Drive

March 11:12:00 – 7:00 p.m.

March 12:12:00 – 7:00 p.m.

New York:

Tourneau Time Machine

12 East 57th Street @ Madison Ave.

March 15: 10:00 – 6:00 p.m.

March 16: 11:30 – 5:00 p.m.

Grand Havana Room

666 Fifth Avenue, 39th Floor

March 17: 3:00 – 7:00 p.m. March 18: 10:00 – 7:00 p.m.

March 19: 9:00 – 4:00 p.m.

WHAT IS AN A-AUCTION ? A-auctions
are Antiquorum’s version of e-auctions. A-auctions
take place exclusively online at www.antiquorum.com, via a fully
secure automated online auction system. There is a specific start time
and date set for the auction, however absentee bids can be placed as
soon as the electronic catalogue is posted online and increased up
until the actual start of the auction. On auction day, bidding takes
place in real time, lot after lot, until the auction ends.

In order to participate in an A-auction,
clients first need to register by connecting to Antiquorum’s website
where they can complete an online application. For A-auctions
Antiquorum will also accept absentee bids sent by fax.

Unlike the traditional auction which has
a buyer’s premium of 15%, the buyer’s premium for A-auctions is
10% on the hammer price, exclusive of taxes and fees. All lots sold
through this A-auction are located in the USA. Foreign buyers are
responsible for the payment of all applicable custom duties and
handling fees relating to purchases.