Wednesday 21 June 2023

Lot 290

Marcus & Co, C.H. Meylan. An American, Belle Époque, platinum and diamond lapel watchCirca 1910

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Lot 290

Marcus & Co, C.H. Meylan. An American, Belle Époque, platinum and diamond lapel watch
Circa 1910

Price Realised: £6,500

Estimate: £1,500 - £2,000

Price realised is hammer price plus fees (30% Buyers Premium inclusive of VAT).

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Lot 290

Description

Marcus & Co, C.H. Meylan. An American, Belle Époque, platinum and diamond lapel watch
Circa 1910
18 jewel Swiss lever movement with three adjustments, signed Marcus & Co, New York, C.H.Maylan, Switzerland, numbered 21628, circular silvered dial with blued steel Louis VI hands and black Arabic numerals, signed Marcus & Co, within old-brilliant-cut diamond bezel with cardinal points, the square case with rose-cut diamond set pierced foliate decoration with rose-cut diamond line border, the matching case back with central old-brilliant-cut diamond rosette motif, to a rose-cut diamond crown, case number 2161964, suspended from a diamond set brooch with diamond twin swags
Case width 25mm, length including brooch suspension 5.5cm 
(VAT charged on hammer price)

An illustrated design for this watch can be found in the Jewelry Design Books of Jaques and Marcus, 1890 to 1910, in the 'Miscellaneous' volume, page 25. The eight volume design books contain pen and ink drawings of custom-designs drawn for clients of the firm, which were then later pasted in to the volumes. The design books were given to the Dartmouth Library in 1987 by Burton Elliott, a Dartmouth alumnus who, along with his father Edward Goldstein, worked for Marcus & Co.

Courtesy of Dartmouth College Library

Buyer's Premium

The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.

VAT
VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.
(ARR) - ARTIST'S RESALE RIGHT

Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.

It applies to lots with hammer value over €1,000 as follows:
0 to €50,000 - 4%, €50,000.01 to €200,000 - 3%
€200,000.01 to €350,000 - 1%,
€350,000.01 to €500,000 - 0.5%
Exceeding €500,000 - 0.25%
ARR is capped at €12,500

Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.

Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.

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