Tuesday 26 September 2023

Lot 81

Smith & Son, The Strand, London. An 18ct gold keyless wind minute repeating pocket watch gifted...

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Lot 81

Smith & Son, The Strand, London. An 18ct gold keyless wind minute repeating pocket watch gifted...

Price Realised: £7,610

Estimate: £2,000 - £3,000

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 81

Description

Smith & Son, The Strand, London. An 18ct gold keyless wind minute repeating pocket watch gifted to the engineer H.H. Jeffcott in 1919, with original retailer's box
Kew A Certified, Numbered 153-5, London hallmark for 1898
3/4 plate frosted gilt movement signed S.Smith & Son, 9 Strand, Number 153-5, barrel engraved with Kew A certificate, cut and compensated balance, steel gongs activated by the slide repeat in the band, start/stop button in the band, enamel regulator style Willis dial with Roman numerals, subsidiary seconds at 6 and 60 minute counter at 12, gold spade hands, polished full hunter case with London hallmarks for 1898 and bearing the casemaker's mark SS for Smith and Son, thief-proof bow, gold case with heavy cuvette engraved Professor HH.Jeffcott B AI AM Inst. C.E (institute of chartered engineers) From his Friend Sir John P Griffith In remembrance of 1919 and 1920, together with the original Smith and Son Box, case, dial and movement signed
55mm diameter

Please note that Roseberys do not guarantee working order or time keeping of any automatic, mechanical, quartz or other timepiece

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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