defects or imperfection or beautification process. not relied upon any representation or other information a valid reason to withdraw or cancel the bid and Beautification processes of coloured gemstones, such (whether oral or written) by Poly Auction (Hong Kong) or delay payment for the auctioned item. Buyers should as heat enhancement, oiling or irradiation, etc, have by the seller. cautiously inspect the auctioned item during collection. been generally accepted by the international jewellery Condition Grades of Watches Upon acknowledging receipt of the auctioned item by markets. If Poly Auction (Hong Kong) has obtained Grading 1: As new. ﬔe timepiece appears with neither the buyer (or his agent), the buyer confirms that he or gemological reports from internationally recognized signs of use nor ownership over time. ﬔe movement is she has accepted the state and quality including but gemological laboratories for the Lot(s), all known in working order when cataloguing. not limited to any defect or flaw on, e.g. the packaging, important facts and conditions of the Lot(s) have Grading 1.5: In excellent condition. The timepiece labels, level of wear and tear, cork, etc., of the auctioned contained in the catalogue, our Company assumes no appears with extremely slight signs of ownership over items without any objection. responsibility for the accuracy of the reports. It may time. It may exhibit very slight hairline scratches on the not be feasible for Poly Auction (Hong Kong) to obtain case but no obvious signs of use. The movement is in LANGUAGE laboratory reports for all Lot(s), the estimates are based working order when cataloguing. The Chinese version of the Conditions of Business, on all known information at the moment. Bidders must Grading 2: In very good condition. ﬔe timepiece appears Important Notice, Explanation of Cataloguing Practice, inspect conditions of the Lot(s) by themselves before with slight signs of use over time. It may exhibit slight Important Notice about Bidding Registration, Important the auction. Any dissent about conditions of the Lot(s) scratches on the case. ﬔe movement is in working order Notice about Payment, Important Notice about after the bid shall not justify rescission or cancellation when cataloguing. Storage Collection Shipping and Export and all other of a sale or any delayed payment. If bidders request a Grading 2.5: In good condition. The timepiece appears documents such as the terms, conditions, notices, forms designated laboratory report for any Lot(s), such request with obvious signs of use and scratches on the case. ﬔe etc. contained in this catalogue, announced by the should be raised out 14 workings days before the auction movement is in working order when cataloguing. auctioneer or provided at the saleroom as well as the and at their own cost. Bidders should also be aware Grading 3: In fair condition. The timepiece appears descriptions of the Properties in this catalogue of our that Lot(s) containing jadeite or gemstones originating with very obvious signs of use and scratches/defects. Company shall be binding and the English version is for from Burma may not be allowed to be imported into the Maintenance may be required. reference only. U.S.. This will not constitute a ground for rescission or For more details, please refer to the Condition Report for cancellation of a sale or any delayed payment. each Lot. COPYRIGHT Lot(s) of clocks and watches in the catalogue will ﬔe copyright of this catalogue belongs to our Company. be sold at current status (i.e. as is). Bidders should Condition Grades of Handbags Without the written permission of our Company, no parts personally inspect the conditions of the Lot(s) before Grading 1: As new. Appears never to have been used. It of this catalogue shall be reproduced in any way or used the auction. Descriptions of the Lot(s) in the catalogue exhibits no signs of wear. in any other way. are for reference only. The absence of a description Grading 1.5: In mint condition; virtually new and unused does not imply that the Lot(s) is in good condition, free with very minor signs of ownership over time. RIGHT OF INTERPRETATION from defects or restorations. Descriptions only reflect Grading 2: In pristine condition. To the untrained eye, it ﬔe right of interpretation in respect of the Conditions of subjective opinions of experts of Poly Auction (Hong may appear brand new. ﬔere may be a slight condition Business, Important Notice, Explanation of Cataloguing Kong), it is not a statement of facts, nor a complete note, but overall the piece is in excellent condition. Practice, Important Notice about Bidding Registration, record of all repairs, component replacements or Grading 3: In excellent condition. ﬔis is a piece that has Important Notice about Payment, Important Notice restorations. Poly Auction (Hong Kong) makes no seldom been used and shows little to no wear. ﬔere may about Storage Collection Shipping and Export and all guarantee on operation, water-resistance, authenticity be small condition issues to note overall the piece is in other documents such as the terms, conditions, notices, and originality of individual parts (including watchstrap) excellent condition. forms, etc. contained in this catalogue, announced by of the Lot(s). In addition, bidders should be aware of the Grading 4: In very good condition. ﬔis piece may show the auctioneer or provided at the salesroom, shall be import restrictions of the U.S. concerning luxury watches. signs of light wear. It is in very good condition but the exercised by our Company. Where the tone, colour, graduation shape or any corners may show signs of light scuffing, the base may other feature of the Lot shown in the catalogue and/ show light scratches, and the hardware may exhibit light or any other illustrations, images and public materials marks. differ from those of the original Lot due to printing, Grading 5: In good condition. ﬔis piece shows significant photography or other technical reasons, the original Lot wear. ﬔere are condition issues that will be noted in the shall take precedence. Any introduction and appraisal of condition report. any Lot made by the Company and its employees or its Grading 6: In fair condition. ﬔis piece shows significant agents in any way (including the certificate, catalogue, wear and/or damage. It may require repair or slideshow and news media) are only opinions for refurbishment in order to be used. Condition issues will reference and do not constitute any guarantee for the be noted in the condition report. Lot. The Company and its employees or agents shall undertake no liability for any inaccuracy or omission in () the aforesaid introduction or appraisal. Condition reports and grades are provided free of charge ALCOHOL AND TEA as a convenience to our buyers and are for guidance The descriptions about the auction of alcohol and only. They are not an alternative for examining a lot in tea are being stated in the catalogue. Our Company person or taking your own professional advice from reminds bidders to learn more about the auctioned Specialists. Bidders must inspect the conditions of the products before bidding. Bidder’s participation in Lot (s) by themselves before the auction. Any dissent bidding at auction is deemed as the bidder’s approval about conditions of the Lot (s) after the bid shall not and acceptance of the package, quality and status of justify rescission or cancellation of a sale or any delay in the auctioned items. Any different opinion formed by payment. ﬔe condition of lots sold in our auctions can the bidders after successful bidding, will not constitute vary widely due to factors such as age, previous damage, restoration, repair and wear tear. ﬔe grading of watches is based on the general condition, quality, technical and historical interest, age and rarity of each timepiece. Lots are sold “as is,” in the condition they are in at the time of the sale, without any representation or warranty as to condition by Poly Auction (Hong Kong) or by the seller. ﬔe buyers acknowledge and agree that any sale is entirely the buyers’ decision, and the buyers have