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Lot 1087: Ferdinand Melly, Locle, a two train lever pocket watch with independent dea

Est: $300 USD - $400 USDSold:
Schmitt Horan & Co.Manchester, NH, USOctober 22, 2017

Item Overview

Description

Ferdinand Melly, Locle, a two train lever pocket watch with independent dead seconds, 26 jewels, key wind and set, damascened nickel bar movement with counterpoised lever escapement and cut bimetallic balance with gold timing screws in a coin silver, reeded edge, engine turned hunting case with maker's name and location engraved on cuvette, and Roman numeral, single sunk, white enamel dial, plum colored steel Breguet style hands, serial #202, 54mm, c1860.

Artist or Maker

Condition Report

CASE: Minor dings; Waves, front; Minor scratches on outer surface of case; Small dents; Fine scratches on inner surface of case; Engine turning nearly worn smooth; Precious metal content marked. DIAL: Crack in enamel, 8:00. HANDS: Hour replaced. MOVEMENT PLATES: Minor marks and scratches on plate; Spot of corrosion on barrel; Some screwheads with minor loss to blue; Speck of oxide on balance endstone setting. MOVEMENT FUNCTION: Running order (winds, sets and ticks). COMPLICATION FUNCTION: Irregular, needs repair. It is interesting to note that the 26th jewel (adjacent to time barrel) is present for the sake of symmetry, and serves only an aesthetic function

Payment & Shipping

Payment

Accepted forms of payment: American Express, Discover, MasterCard, Money Order / Cashiers Check, Paypal, Personal Check, Visa, Wire Transfer

Shipping

SHIPPING: We use several companies to ship clocks that provides services worldwide:

The local UPS Store managed by Michael Withrow, phone number (603) 434-9899, e-mail store4686@theupsstore.com,

Pakmail managed by Joann Godin, 55 Crystal Ave, Unit 7, Derry, NH 03038, 603-434-1801, email us222@pakmail.org

Parcel Room managed by Jeff Ballantyne, 1465 Woodbury Ave, Portsmouth, NH 03801  (603) 431-4205, email info@ParcelRoom.com

Note: we are often able to offer "in-house" shipping on the watches. Hand delivery specialists are listed below:

> Mr. Scott Salzarulo, 200 W. Housatonic, #20, Pittsfield, MA 413-212-1252
> Ms. Wendy Buckus, 64 Hutchins, Concord, NH, 03301, 603-491-5199 nwtransport@aol.com
> Mr. Scott Cousins, 93 Pleasant St, Portsmouth, NH 03801, scottcousins22@aol.com (978) 491-9353

PICK UP IN LIEU OF SHIPPING: Purchases by absentee bidders, phone bidders or internet bidders may not be picked up sooner than 6 business days following the sale. If you or your agent/friend would prefer to pick up personally from our office in Windham, NH purchases, an appointment can be arranged. Please plan to settle your account at time of pick up. Items left in our custody for over 30 days from the date of the auction will be charged a storage fee of $10 per item per week, which must be paid before items are released. You should still plan to settle your account within 15 days of the auction. Items bid online through Invaluable CANNOT BE PICKED UP AT THE AUCTION HALL THE WEEKEND OF THE SALE.

Auction Details

Lots 681-1267: Precision Watches-Clocks, Coins, Sports Cards

by
Schmitt Horan & Co.
October 22, 2017, 10:00 AM EST

700 Elm St, Manchester, NH, 03103, US

Terms

Buyer's Premium

23.0%

Bidding Increments

From:To:Increment:
$0$199$10
$200$499$25
$500$999$50
$1,000$2,999$100
$3,000$4,999$200
$5,000$9,999$500
$10,000+$1,000

Terms & Conditions

We offer our complete catalog at www.roschmitt.com.

SALES TAX: There is NO sales tax in New Hampshire.

LIVE BIDDING: Although there is NO substitute for attending the auction and bidding yourself, you may register and bid live at www.invaluable.com. High speed internet is necessary. There is an extra 5% fee charged by Invaluable for internet bidding. The total Buyer's Premium, which includes the 5% Invaluable fee, on all Invaluable purchases is 23% with no exceptions. On higher value items, you may also register to bid via telephone. It is necessary to contact us at least to 72 hours prior to the auction to arrange for phone bidding.

PAYMENT FOR ABSENTEE BIDS: We will normally notify successful bidders within seven days. We use e-mail to notify bidders and postal mail if a client does not have e-mail available. Personal checks drawn on a U.S. bank are acceptable. We also accept VISA, Mastercard, Discover, American Express and Paypal, all subject to our standard 18% Buyer's Premium. Note that shipping charges are extra and will be billed by R. O. Schmitt Fine Arts, LLC or a third party at the time of shipment. Payment is due on receipt of invoice, and no later than 30 days from the date of the auction. Items not paid for withing the 30 days from the date of the auction will be charged a 2% monthly interest rate on the balance due. The buyer's premium for bidders using Invaluable is 18% for all forms of payment plus the 5% Invaluable fee. Large international transactions may be performed via wire transfer. Details available upon request.

PICK UP IN LIEU OF SHIPPING: Purchases by absentee bidders, phone bidders or internet bidders may be picked up no sooner than 6 business days following the sale. If you or your agent would prefer to pick up personally from our office in Windham, NH, an appointment can be arranged. Please plan to settle your account at time of pick up. Items left in our custody for over 30 days from the date of the auction will be charged a storage fee of $25 per item per week, which must be paid before items are released. We shall not be held liable for damage occurring to any item left in our custody after 30 days from the date of the auction.

ITEMS & ACCESSORIES: purchased by bidders registered in the auction hall, must be removed by the close of the auction. We cannot hold items nor can we provide packing materials. It is the buyer's responsibility to verify that he / she has received accessories that may be separate when checking out. Items purchased by bidders off site are not available for pick up during the sale at the auction hall.


BUYER'S AGENT: Some absentee bidders require assistance and flexibility with their bidding. To some, this may be in the form of an independent set of eyes to validate their potential purchase. To others, it may be in the form of executing a fixed budget in pursuit of several clocks. Others are looking for additional services such as careful packing, and flexible delivery options. Should you need such assistance please contact us for a recommendation.

SHIPPING: We use outside companies to ship clocks that provides services worldwide: Please see Shipping Section for details. We are often able to offer "in-house" shipping on watches.

ESTIMATES: After each description, we have indicated a high and low dollar estimate that should be used as a general guide. The final price may vary considerably from these estimates.

RESERVES: There are few items in this sale with a reserve, or confidential minimum selling price, established with the consignor or vendor. Items failing to sell will be noted in the results sheet as $0.00.

CONDITION REPORTS: We do our best to identify restoration, alteration or other condition issues in the condition report. We shall not be held liable for failure to do so. IT IS THE RESPONSIBILTY OF THE BUYER TO CONFIRM CONDITION PRIOR TO BIDDING. If the lot description includes the words "as found" or "as is" the item is sold without any guarantees. All lots containing multiple items are considered in "AS IS" condition and cannot be returned. General maintenance items such as broken suspension springs, broken or missing weight cords, & missing keys are not mentioned. Most clocks and watches will require cleaning and service after purchase. All costs associated with this are the responsibility of the client. Dimensions are approximate.

PHOTOGRAPHS: Please note, some items when photographed, particularly watches, may have shadows, reflections or other marks that are a result of the photographic process and are not permanent. Both buyer and seller grant unrestricted use of auction lot photographs and prices realized to both R. O. Schmitt Fine Arts, and to Invaluable.com.

RETURNS AND REFUNDS: Returns will be considered only for items that do not conform to catalog description. UNDER NO CIRCUMSTANCES WILL RETURNS BE ACCEPTED OR REFUNDS ISSUED LATER THAN 30 DAYS AFTER THE AUCTION. If there is a problem and a refund or adjustment is requested we ask to be notified within one week of the auction and require to be notified ABSOLUTELY no later than 30 days of the auction, no exceptions. Transit damage alone is not sufficient reason to return an item. We will assist in claims against transport companies.

DEFAULT and LITIGATION: REGISTRATION TO BID INDICATES ACCEPTANCE BY THE BIDDER OF THESE TERMS ENFORCABLE AS A NEW HAMPSHIRE CONTRACT. R. O. Schmitt Fine Arts will not be liable for default by either the buyer, consignor or the vendor. No purchase shall be claimed or removed until paid for in full. Schmitt's reserves the right to refuse to accept bids made by a defaulting buyer at any future auction and to collect all costs and attorney's fees from the buyer associated with litigation and storage involving default. All legal disputes arising from this contract shall be disputed, litigated or mediated under New Hampshire law in the State of New Hampshire. All consignors or vendors are represented in our records by either name or a code directly associated with that name and are also a legal party to this contract.


Copyright 2016, R. O. Schmitt Fine Arts

Auctioneer:
R.O. SCHMITT FINE ARTS, LLC
P. O. BOX 162
WINDHAM, NH 03087

Phone: (603) 432-2237
FAX: (603) 432-2271

Website: www.roschmitt.com
Email: absentee@roschmitt.com
NH Lic #2470 & #5060, Life Member NAWCC

Copyright 2015 R. O. Schmitt Fine Arts

Contract Information

Your bid is a binding and legal contract. In all cases, a left or absentee bid will be executed as cheaply as possible. The auctioneer will make every effort to execute bids on your behalf, but will not be held responsible in the case of a failure to execute a live or absentee bid.

Payment Information

We will normally notify successful bidders by e-mail within 7 days. Personal checks drawn on a U.S. bank are acceptable. Note that shipping charges are extra and will be billed at the time of shipment. Payment is due on receipt of invoice, and no later than 15 days from the auction.

Shipping Information

SHIPPING: We use several companies to ship clocks that provides services worldwide:

The local UPS Store managed by Michael Withrow, phone number (603) 434-9899, e-mail store4686@theupsstore.com,

Pakmail managed by Joann Godin, 55 Crystal Ave, Unit 7, Derry, NH 03038, 603-434-1801, email us222@pakmail.org

Parcel Room managed by Jeff Ballantyne, 1465 Woodbury Ave, Portsmouth, NH 03801  (603) 431-4205, email info@ParcelRoom.com

Note: we are often able to offer "in-house" shipping on the watches. Hand delivery specialists are listed below:

> Mr. Scott Salzarulo, 200 W. Housatonic, #20, Pittsfield, MA 413-212-1252
> Ms. Wendy Buckus, 64 Hutchins, Concord, NH, 03301, 603-491-5199 nwtransport@aol.com
> Mr. Scott Cousins, 93 Pleasant St, Portsmouth, NH 03801, scottcousins22@aol.com (978) 491-9353

PICK UP IN LIEU OF SHIPPING: Purchases by absentee bidders, phone bidders or internet bidders may not be picked up sooner than 6 business days following the sale. If you or your agent/friend would prefer to pick up personally from our office in Windham, NH purchases, an appointment can be arranged. Please plan to settle your account at time of pick up. Items left in our custody for over 30 days from the date of the auction will be charged a storage fee of $10 per item per week, which must be paid before items are released. You should still plan to settle your account within 15 days of the auction. Items bid online through Invaluable CANNOT BE PICKED UP AT THE AUCTION HALL THE WEEKEND OF THE SALE.

Buyer's Premium

The Buyer's Premium through Invaluable, Ebay and Auction Zip is 18% plus the 5% fee for a total of 23%.

Condition Information

CONDITION REPORTS: We do our best to identify restoration, alteration or other condition issues in the condition report. We shall not be held liable for failure to do so. IT IS THE RESPONSIBILTY OF THE BUYER TO CONFIRM CONDITION PRIOR TO BIDDING. If the lot description includes the words "as found" or "as is" the item is sold without any guarantees. All lots containing multiple items are considered in "AS IS" condition and cannot be returned. General maintenance items such as broken suspension springs, broken or missing weight cords, & missing keys are not mentioned. Most clocks and watches will require cleaning and service after purchase. All costs associated with this are the reponsibility of the client. Dimensions are approximate.