Antiquorum Introduces A-Auction Online

What is an A-auction?
A-auctions are Antiquorum's versions of e-auctions.
A-auctions take place exclusively online at www.antiquorum.com via a fully secure automated online auction system.
There is a specific start time and date set for the auction, although absentee bids can be placed as soon as the electronic catalogue is posted online and increased up until the actual start of the auction.
On auction day, bidding takes place in real time, lot after lot, until the auction ends.

The day... the time... the place...
Thursday March 20, 2003... as of 10:00a.m. (EST)... at www.antiquorum.com.

On Thursday, March 20, beginning at 10:00 a.m. (EST) Antiquorum will hold an A-auction devoted to Important Collector's Pocket Watches and Wristwatches. The electronic catalogue for this auction, complete with images, descriptions and Antiquorum's grading system will be available EXCLUSIVELY ONLINE from the beginning of March.

Over 150 lots
The online auction will feature over 150 lots of collector's pocket watches and wristwatches, antique, vintage and modern. All watches will be auctioned in alphabetical order according to brand. Among the brands offered for sale at Antiquorum's A-auction online are:

Audemars Piguet, Baume & Mercier, Breitling, Cartier, Jaeger LeCoultre, Omega Patek Philippe, Piaget, Rolex, Vacheron Constantin and many, many more. There are also several old/new stock watches certain to attract the interest of collectors worldwide.

The selection of collector's watches gathered for this A-auction will be exhibited alongside those for Antiquorum's traditional 19 March 2003 New York auction on the following dates:

Beverly Hills:
Grand Havana Room, 301 North Canon Drive,
11 March: 12-7:00 p.m.
12March: 12-7:00 p.m.

New York:
Tourneau TimeMachine, 12 East 57th Street @ Madison Ave.
15 March: 10-6 p.m.
16 March:11:30-5:00 p.m.

Grand Havana Room, 666 Fifth Avenue, 39th Floor
17 March3-7 p.m.
18 March10-7 p.m.
19 March9-4 p.m.

How it works
In order to participate in an A-auction, clients first need to register by connecting to Antiquorum's website where they can complete an online application. For A-auctions Antiquorum will also accept absentee bids sent by fax. For additional information about the registration process, please visit www.antiquorum.com.

Unlike the traditional auction which has a buyer's premium of 15%, the buyer's premium for A-auctions is 10% on the hammer price,
exclusive of taxes and fees.

www.antiquorum.com
Contact: [email protected]
(please credit europastar.com)

Source: Antiquorum media release
February 2003