Important Notices
Loss or Damage
Buyers are reminded that Phillips accepts liability for loss or damage to lots for a
maximum of seven days following the auction.
Transport and Shipping
As a free service for buyers, Phillips will wrap purchased lots for hand carry only.
We do not provide packing, handling or shipping services directly. However, we will
coordinate with shipping agents instructed by you in order to facilitate the packing,
handling and shipping of property purchased at Phillips. Please refer to Paragraph 7
of the Conditions of Sale for more information.
Export and Import Licences
Before bidding for any property, prospective bidders are advised to make
independent enquiries as to whether a licence is required to export the property
from Hong Kong or to import it into another country. It is the buyer’s sole
responsibility to comply with all import and export laws and to obtain any necessary
licences or permits. The denial of any required licence or permit or any delay in
obtaining such documentation will not justify the cancellation of the sale or any
delay in making full payment for the lot.
Endangered Species
Items made of or incorporating plant or animal material, such as coral, crocodile,
ivory, whalebone, Brazilian rosewood, rhinoceros horn or tortoiseshell, irrespective
of age, percentage or value, may require a licence or certificate prior to exportation
and additional licences or certificates upon importation to the US or to any
country within or outside the European Union (EU). Please note that the ability
to obtain an export licence or certificate does not ensure the ability to obtain an
import licence or certificate in another country, and vice versa. We suggest that
prospective bidders check with their own government regarding wildlife import
requirements prior to placing a bid. It is the buyer’s sole responsibility to obtain
any necessary export or import licences or certificates as well as any other required
documentation. Please note that the US prohibits the importation of any item
containing African elephant ivory. Asian elephant ivory may be imported in to the
US only if accompanied by independent scientific analysis regarding continent
of origin and confirmation the object is more than 100 years old. We have not
obtained a scientific analysis on any lot prior to sale and cannot indicate whether
elephant ivory in a particular lot is African or Asian elephant. Buyers purchase
these lots at their own risk and will be responsible for the costs of obtaining any
scientific analysis or other report required in connection with their proposed import
of such property into the US.
Condition
Phillips makes no representation or warranty that any watch or clock is in working
order, and no catalogue description of any lot should be construed as so stating.
Prospective buyers are advised to have watches and clocks checked by a competent
watchmaker or watch or clock restorer before use. As a service to prospective
buyers, we may provide a description of the condition of watches and clocks in the
catalogue entry, including references to defects and repairs, and furnish a condition
report, but such information is not necessarily complete and may not specify all
mechanical replacements, restorations or defects. Please note that Phillips does
not guarantee the authenticity of any individual components parts, such as wheels,
hands, crowns, crystals, screws, bracelets and leather bands, since prior repairs and
restoration work may have resulted in the replacement of original parts. Nor does
Phillips warrant that watches in water-resistant cases are currently water-resistant.
Prospective buyers should inspect all watches and clocks prior to the auction to
evaluate the condition of property offered for sale.
Exportation of Watch Bands Incorporating Material from Endangered Species
Some of the watches offered for sale in the catalogue may have bands made of
endangered or protected animal materials, such as alligator or crocodile, and may
not lawfully be exported from the auction site without a CITES export permit. As
explained in Paragraph 1 & 4 of the Guide for Prospective Buyers, these lots are
marked with ∑ in the catalogue. Accordingly, for purchased watches that are to be
shipped out of the sale site for delivery, Phillips may need to remove and retain the
band before shipping the watch and buckle.
Authenticity Certificates
Certain manufacturers do not issue certificates of authenticity, and Phillips
has no obligation to furnish a buyer with a certificate of authenticity from the
manufacturer, except when specifically noted in the catalogue. Unless Phillips
is satisfied that we should cancel the sale in accordance with the Authorship
Warranty provided in the Conditions of Sale, the failure of a manufacturer to issue a
certificate will not constitute grounds for cancellation of the sale.
Premium Lots
Any prospective buyer interested in any Premium Lot, which is marked in the
catalogue with the symbol *, must complete Premium Lot pre-registration and
make a deposit of HK$2,000,000 or such higher amount as Phillips shall require
in order to bid on a Premium Lot. For details, please contact the Client Services
Department at +852 2318 2000.
With regard to any item containing endangered species other than elephant
ivory, an importer into the US must provide documented evidence of the species
identification and age of an object in order to demonstrate that the object qualifi W0