FINE JEWELS AND OBJETS (18-19 OCTOBER 2016)

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1. I agree and consent to paying the Buyer’s Premium calculated at the rate of 15% of the Winning Bid value up to and
including USD 700,000, and 10% of the Winning Bid value in excess of USD 700,000. All applicable duties and taxes,
and shipping and handling charges shall be borne by me.
2. I understand that if Saffronart receives identical absentee/proxy Bids, and if these Bids are the highest for the Lot,
Saffronart will sell the Lot to the Bidder whose Bid it received and accepted first.
3. I understand that absentee/proxy Bids submitted on “no reserve” lots will be executed at a minimum of 10% of the
lower estimate (the "Minimum Value"), if there is no competing Bid, and the absentee/proxy Bid amount is greater than
the Minimum Value.
For New Bidders
If you have not previously registered with please create a username on our website. To participate in this auction,
you will have to pre-register with your login details. When contacted by our representative, please provide a proof of identity
and address document, such as a copy of an official photo identity card (either a PAN Card, National Identity Card, Passport or
Driver’s Licence). Once your documents are verified, you will be given access to bid. You may also call our auction helpline at
+91 22 2432 2898.
INR increments are subject to change depending on the exchange rate for the auction.
BIDDING INCREMENTS
Bidding begins below the lower estimate, and increases in steps, or increments. The next valid bid is based on the increments listed below.
If bidders enter a proxy bid online, the next bid is placed at the minimum incremental value.
Below $ 5001
• By $ 100 up to $ 1,000
• By $ 150 up to $ 2,500
• By $ 250 up to $ 5,000
$ 5,001 ‒ $ 10,000
• By $ 500 up to $ 7,5000
• By $ 750 up to $ 10,000
$10,001 ‒ $50,000
• By $ 1,000 up to $ 15,000
• By $ 1,500 up to $ 25,000
• By $ 2,500 up to $ 50,000
$ 50,001 ‒ $ 100,000
• By $ 5,000 up to $ 75,000
• By $ 7,500 up to $ 100,000
$100,001 ‒ $500,000
• By $ 10,000 up to $ 150,000
• By $ 15,000 up to $ 200,000
• By $ 20,000 up to $ 250,000
• By $ 25,000 up to $ 500,000
$500,001 ‒ $ 1,000,000
• By $ 50,000 up to $ 750,000
• By $ 75,000 up to $ 1,000,000
$ 1,000,001 ‒ $5,000,000
• By $ 100,000 up to $ 2,000,000
• By $ 150,000 up to $ 3,000,000
• By $ 200,000 up to $ 4,000,000
• By $ 250,000 up to $ 5,000,000
CLOSING SCHEDULE
Auction Closing
For your convenience, especially if you are bidding on multiple lots, groups of lots are scheduled to close at different times on
19 October, 2016.
Pre-determined groups of lots will close according to the bid-closing schedule below unless a bid is recorded within a span of 2
minutes prior to the lot's scheduled closing time. In this case, the countdown clock for that lot will be reset to 2 minutes and the
lot closing time will be extended accordingly. Bidding on any lot will only end if there is no bid recorded for a span of 2 minutes.
Lots have been allotted into groups, and the closing schedule for the various groups is as follows:
Groups Lot Number Closing Time
(India)
Closing Time
(US Eastern)
Closing Time
(US Pacific)
Closing Time
(UK)
Closing Time
(Japan)
Closing Time
(Hong Kong)
1 1-18 7.30 PM 10 AM 7 AM 3 PM 11 PM 10 PM
2 19-37 7.50 PM 10.20 AM 7.20 AM 3.20 PM 11.20 PM 10.20 PM
3 38-53 8.10 PM 10.40 AM 7.40 AM 3.40 PM 11.40 PM 10.40 PM
4 54-76 8.30 PM 11 AM 8 AM 4 PM
12 AM
(20 Oct, 2016)
11 PM
5 77-93 8.50 PM 11.20 AM 8.20 AM 4.20 PM
12.20 AM
(20 Oct, 2016)
11.20 PM
FINE JEWELS AND OBJETS
ONLINE AUCTION | 18  19 OCTOBER 2016