Auction Purchases?

[Dave2882]

Has anyone purchased a watch at an international auction absentee or online? I am considering it for the first time and was curious on the process for or experience with international shipping. I am looking at a couple watches in the Phillips Hong Kong auction. I have purchased from Christies, but it was a NY auction.

Thanks in advance for any guidance or shared experience!

[Jay (Eire)]

Might be a little late on this but yes, I've purchased at auction overseas. PM me if you have specific questions.

[dwatcher]

you should be worried as its your first time. I know little about that so i can't exactly be of help but am sure the right person will come through.

[Mersey]

Anyone knows what the buyers premium is from these Auction House like Philips, Sotheby’s and Christie’s?

[Jay (Eire)]

Originally Posted by Mersey

Anyone knows what the buyers premium is from these Auction House like Philips, Sotheby’s and Christie’s?

25%. It's disclosed in all the catalogues.

Don't forget you may pay taxes, shipping etc also.

[Slider817]

I purchased a vintage JLC from philips Switzerland. Very good Service.

[Rolextellstime]

Since you bought from Christies before you have experience already. I would assume they all function in a similar manner.

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[fastmd]

Originally Posted by dwatcher

you should be worried as its your first time. I know little about that so i can't exactly be of help but am sure the right person will come through.

Hey DWatcher why did you steel my avatar??? That is my hand with my watch in my garage.

What kind of BS are you trying to pull??

[77T]

Who’d do that?


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[Dave2882]

Originally Posted by Mersey

Anyone knows what the buyers premium is from these Auction House like Philips, Sotheby’s and Christie’s?

As Jay mentioned, they are typically 25%, though some are 30%. You will have to pay shipping (and some times handling) and taxes depending on where you purchased.

Originally Posted by Rolextellstime

Since you bought from Christies before you have experience already. I would assume they all function in a similar manner.

The process for buying I am sure is the same, but what my questions were around the international shipping part. Import duties, shipping an alligator band, etc.

Originally Posted by Jay (Eire)

Might be a little late on this but yes, I've purchased at auction overseas. PM me if you have specific questions.

Thanks Jay - I will shoot you a note, I was out bid this time, but would like to understand how the process went.

I appreciate all your replies!