Jewelry, Watches and Timepieces

Conditions of Sale By bidding at auction, whether present in person or by agent, by absentee bid, telephone, internet or other means, the buyer agrees to be bound by these Conditions of Sale. 1. Unless otherwise indicated, Andrew Jones Auctions, is acting as an agent for the seller (consignor). 2. The 'bid price' refers to the highest bid acknowledged by the auctioneer. The highest bidder acknowledged by the auctioneer shall be the buyer. The auctioneer has the right to reject any bid, to advance the bidding at his or her absolute discretion and in the event of any dispute between bidders to determine the successful bidder or to reoffer and resell the lot in dispute. If any dispute arises after the sale, Andrew Jones Auctions sale record shall be conclusive in all respects. 3. The 'purchase price' is the sum of the final bid (hammer price) plus the buyer's premium and applicable sales tax, unless the buyer is exempt by law from such taxes. The buyer's premium per lot is 25% on the first $500,000; 18% on the amount between $500,001 and $2,000,000; 12% on any amount above $2,000,000. Bidders using Liveauctioneers online bidding platform will be subject to an additional 5% premium. 4. Payment must be received by Andrew Jones Auctions within three business days following the auction. We accept bank wire transfers, checks and credit cards (to a maximum of $50,000). ALL FIRST TIME BUYERS AND INTERNATIONAL BUYERS WITH ANDREW JONES AUCTIONS MUST PAY BY WIRE TRANSFER. All payments made by personal check will be subject to clearance before purchases can be collected. Buyers who have not purchased from Andrew Jones Auctions previously will be asked to provide photo identification, method of payment and/or financial references prior to the auction. Buyers outside of the United States must submit payment via wire transfer. 5. Buyers shall not take possession of any lot until all amounts due to Andrew Jones Auctions have been paid in full. Packing material and loading assistance are NOT provided. 6. All lots must be removed within fifteen days of the date of the auction or storage charges of $10/day will be charged for each lot, or property will be sent to offsite storage at the buyer?s expense. If property is not collected within ninety days, it will be considered abandoned and Andrew Jones Auctions reserves the right to retain any payments made and to sell the property in order to recover storage fees. 7. Andrew Jones Auctions does not have in-house shipping services; however, we can provide you with information on third-party shippers for you to contact directly. Andrew Jones Auctions is not responsible for the services provided by third-party shippers. 8. Upon fall of the hammer, title to any offered lot will immediately pass to the highest bidder, subject to compliance by the buyer with these Conditions of Sale. The buyer assumes full risk and responsibility of the property sold, agrees to sign any requested confirmation of purchase and agrees to pay the full purchase price. 9. We reserve the right to withdraw, postpone or cancel any lot or sale before or during the auction for any reason. 10. No lot may be transferred. 11. All property is sold AS-IS. Andrew Jones Auctions, its agents, employees and the consignor, make no warranty or guarantee of title, merchantability or fitness for a particular purpose, or other warranty or representation regarding the description, authenticity, attribution, period, culture, source, origin, provenance, age, size or condition. For this sale, please see supplementary conditions of sale and glossary. 12. Andrew Jones Auctions offers absentee, telephone and internet bidding as a convenience to clients and does not accept responsibility for errors or failure to execute bids for any reason. Internet bidding is offered through third-party online bidding platforms. 13. Unless otherwise stated, lots offered may be subject to a reserve. The reserve is a price that we cannot sell an item below. This price is confidential between Andrew Jones Auctions and the seller. By law, the reserve cannot exceed the low estimate of any given lot. The auctioneer will protect the reserve on behalf of the seller by opening bidding or advancing bidding until reaching the reserve. 14. The copyright on all images, illustrations, digital images and text of any catalog produced by Andrew Jones Auctions are the property of Andrew Jones Auctions. You will not reproduce such text, photographs, illustrations or digital images without our prior written consent. 15. In the event that delivery cannot be made to the buyer because of loss due to fire, theft or any other reason, or a sale cannot be completed, our liability will be limited to the purchase price. 16. Condition reports are offered as a courtesy to our clients and are a statement of opinion and should not be treated as a statement of fact. Andrew Jones Auctions is not responsible for any error or omission. The absence of a condition report on an item does not imply the lot is in perfect condition or free from typical wear or effects commensurate with age. Buyers or their agents are responsible for determining to their own satisfaction the condition of any lot prior to bidding. 17. The respective rights and obligations of the parties with respect to these Conditions of Sale and the conduct of the auction shall be governed by and construed, interpreted, applied and enforced in accordance with the laws of the State of California. By bidding at auction, be it in person or by agent, absentee bid, telephone, internet or other means, the buyer shall be deemed to have consented to the jurisdiction of the courts of California.

Diamonds, Colored Gemstones and Pearls Clients are advised that many diamonds, colored gemstones and pearls are treated to enhance their properties. For example, heating is commonly used to improve the color or transparency of rubies and sapphires; oiling is commonly used to enhance the clarity of emeralds. Such enhancement procedures are widely accepted by the international jewelry profession. While heat enhancement of color is generally believed to be permanent, the process may impact the durability of the gemstone and special care of the stone may be required over time. Gemstones which have been oiled may need to be re-oiled after a period of years to retain their maximum clarity. Diamonds Andrew Jones Auctions shares the concerns expressed by the United Nations Security Council with respect to uncut diamonds potentially coming from Angola and Sierra Leone. We will comply fully with any obligations imposed in connection with the Security Council’s resolutions regarding these matters. Gemological Reports As a matter of policy, Andrew Jones Auctions will obtain gemological reports from officially recognized laboratories for certain gemstones offered for sale. A summary of these reports in included in the catalogue description for a lot and a copy of the report is available on request. It is not possible for Andrew Jones Auctions to obtain such reports for all gemstones offered at auction. Prospective buyers should, therefore, bear in mind that colored gemstones offered for sale without a gemological report or a specific statement in the catalogue entry that it may have been treated to enhance color, clarity or transparency. Enhancement of colored gemstones may affect market value and our presale estimates reflect the assumption that any colored gemstone not described in the catalogue entry as natural may have been treated. Please Note: Variations in approach and technology between different gemological laboratories may result in a lack of consensus among reports as to whether any particular gemstone has been treated, the extent of the treatment and whether treatment is permanent. There may also be a similar lack of consensus between different laboratories or private appraisers in the grading of diamonds. All gemstone weights are approximations only and although an independent laboratory grading may be used in the catalogue text, we cannot guarantee such gradings. Certificates of Authenticity Various manufactures may not issue certificates of authenticity upon request. Except as specifically noted in the catalogue, Andrew Jones Auctions will not be required to furnish the purchaser with a certificate of authenticity from the manufacturer at any time. Unless the requirements for a recission under the Conditions of Sale are satisfied, the failure of a manufacturer to issue a certificate will not constitute grounds to rescind the sale. Although we endeavor to mention in our descriptions, significant defects, absent stones and the like, we do not guarantee that the descriptions are comprehensive. Please examine all lots carefully prior to bidding. It is the responsibility of the prospective bidder, or his/her agent, to determine the condition of a lot during the preview. Condition reports have been prepared and are available on request and are listed in the online catalogues. Images shown in the catalogue may appear larger or smaller than actual size. Country of Origin While Andrew Jones Auctions attempts to obtain accurate information on the country of origin of gemstones, we do not guarantee the correctness of the catalogue or other descriptions of gemstones including country of origin. Glossary of Terms The following are examples of the terminology used in this catalogue. Please note that all statements made in this catalogue are made subject to the provisions of the Conditions of Sale printed in this catalogue. Signatures BOLD TYPE HEADER When the maker’s name appears in Bold Type Header in the catalogue description, in Andrew Jones Auctions’ opinion, the piece is by the named jeweler. NAME OF JEWELER When we state the name of a maker in the catalogue description below the Bold Type Header, we mean that, in Andrew Jones Auctions’ opinion, although unsigned, the piece is by the named jeweler. MOUNTING BY When we state in the catalogue description below the Bold Type Header Mounting by _____, we mean that in Andrew Jones Auctions’ opinion, the mounting is by the jeweler, and the gemstones were not supplied by the jeweler, or the piece has been altered in some way after its manufacture. Special Notice to Prospective Watch and Timepiece Buyers: Prospective watch and timepiece bidders should exercise caution. While Andrew Jones Auctions offers a short description of the piece, the catalog notes and condition reports are not intended to be a complete analysis of the condition of any watch or timepiece. All watches and timepieces offered at auction are often of age and have received much wear during their lifetime. All watches and timepieces are to be sold in ‘as is’ condition and we encourage bidders to evaluate the piece in person prior to bidding.

Buyers outside of the United States must submit payment via wire transfer.