Wednesday 5 February 2025
Corum. A stainless steel diamond set automatic wristwatchSharazad, Reference 89.263.29, Case...
View MoreLot 61
Description
Corum. A stainless steel diamond set automatic wristwatch
Sharazad, Reference 89.263.29, Case number 502379
25 jewel automatic movement numbered 523530, mother of pearl dial with engraved Corum logo, diamond set bezel, brown diamond set caged cover, the back held by 5 screws, cabochon crown, Corum buckle stamped 750, case, dial and movement signed
38mm diameter
(VAT charged on hammer price)
Please note that the watch straps for this lot will be removed at the time of purchase
Please note that the brown diamonds have not been tested for natural colour origin
Fees & VAT
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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