Wednesday 6 December 2023

Lot 314

Timor. A rare stainless steel and chrome plated manual wind military issue wristwatchEngraved...

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Lot 314

Timor. A rare stainless steel and chrome plated manual wind military issue wristwatch
Engraved...

Price Realised: £1,574

Estimate: £500 - £700

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

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Lot 314

Description

Timor. A rare stainless steel and chrome plated manual wind military issue wristwatch
Engraved Case numbers K7503, 37403/37403, Circa 1940
Manual wind Cal: 6160 movement, with steel cap, black dial with luminous Arabic numerals, gilt outer minute track with luminous dot 5 minute markers, subsidiary seconds at 6, pointed baton hands with luminous infill, brushed and polished round case with fixed bars, screw down back engraved ↑ TIMOR WWW K7503, No.37403, with later associated Nato strap and steel buckle, case, dial and movement signed 
37mm diameter

When the British War Office needed a wristwatch that could withstand the hellish rigors of World War II, they turned to twelve prestigious watch manufacturers. The Timor Watch Company was among the twelve now known as the Dirty Dozen. The other brands included, Buren, Cyma, Eterna, Grana, Jaeger-LeCoultre, Lemania, Longines, IWC, Omega, Record, and Vertex.

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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