Dunbar Sloane Jewellery and Watch Sale Additional terms and conditions for this sale Please note that in addition to the terms and conditions displayed in the saleroom, on your buyer’s registration card, or absentee and telephone bidding form, the following terms and conditions apply for this sale: • All items are sold as viewed. • The buyer’s premium is 16% plus GST and this is additional to the hammer price (adding 18.40% to hammer price). • All registering buyers need to provide valid credit card details and allow us to take a photocopy of the card at the time of registration. • We will accept Visa and MasterCard only, not AMEX . No extra charge for credit card payments. • If goods are not paid for and collected by 4pm Sunday 15 September 2013, we will charge your credit card for all purchases, and in providing us with card details per 2 above you have authorized us to do so. • Any freight/shipping arrangements are the buyer’s responsibility and risk. • Phone bids will only be accepted for items expected to sell for over Last retail price $1500.
• Independent Gemmological Reports and Valuations:
Valuations are made available to customers for two primary purposes: Firstly to provide an independent opinion as to the quality of the stones and metals comprising the piece, and Secondly so that buyers can, if they wish, obtain suitable Insurance cover immediately upon purchase and prior to delivery. A valuation for insurance purposes represents a calculated replacement cost allowing for maximum retail margins, such that an Insurer can assess the outer limit of their exposure to risk. It does not represent actual new retail replacement as it makes no provision for competitive trade practice, or for discounts obtained by individual bargaining. As fashion, desirability and current market forces all have variable impact on second hand or Auction value; there is no direct formula for estimation of such value by interpolation from Insurance value. As the currency exchange rate and spot metal prices have a marked effect on jewellery valuations, buyers should note the date and prevailing economic factors at the time that the valuation was produced. Once all of the prevailing parameters have been established, it is possible for an experienced person to interpolate a rough estimate of the current cost of manufacture from past insurable value, but again that exercise will give no indication of actual market forces. Buyers should also note the stated purpose of the valuation (insurance, retail market, cash value, estate division etc.). All valuations remain opinions and not matters of fact. Whilst our staff will assist buyers to understand the methodology and technical details of Gemmological reports and valuations, buyers must make their own assessment of an item’s value before bidding. Dunbar Sloane, its consultants and employees make no representation or warranty regarding any outside opinion, valuation, or certificate of any item on offer. Please note: where gemmological reports are available these should be read together with the catalogue description. Should there be, through error, omission or introduction of better evidence, any significant difference between the catalogued description and that provided in the gemmologist’s report, it shall be assumed that the buyer has inspected the report and is buying in acceptance of it. Unless otherwise stated, all stones have been assessed for weight, colour or clarity mounted and the descriptions given in the catalogue or report are therefore based on estimates which are limited in accuracy. Where an actual weight is given the stone will have been weighed loose, however while the grading of a stone loose will minimise error margins it shall be accepted by the buyer that all reports and descriptions remain opinions and not matters of fact. Definitions: Last retail price: This is the last price at which the item was offered for sale, retail, as shown on the tag attached to the item, in the vendor’s shops. It is not a reflection of expected price at auction, which is anticipated to be substantially less. The vendor is prepared to meet the market, and the exciting opportunity is for the buyers to set the price.
Y/G = yellow gold W/G = white gold TDW = total diamond weight Grading of diamonds: Uses G.I.A. scale and is expressed in the following order: cut/colour/clarity e.g. EX/F/VS for excellent cut, colour ‘F’,
clarity VS.
All grading is taken from certificates or reports from a qualified source, however your attention is drawn to the note regarding reports above.