Lot # : 173 - Waltham, US Presidential presentation, 20S, 18K HC
Live Webcast Auction
Watch
High Bid: 11,500.00 USD
Shipping Available
Date(s)
9/12/2024 - 10/10/2024
Bidding Notice:
No Reserves. No Buyer's Premium. No Sales Tax. No online bidding fees. A shipping charge will be added to all invoices. Bidding is open now! NOTICE: IF YOU WISH TO BID $10,000 OR MORE ON A SINGLE LOT, PLEASE CONTACT US NO LATER THAN 24 HOURS BEFORE THE AUCTION TO GET PRE-APPROVED TO DO SO. All descriptions are guaranteed with a 10-day return privilege for misrepresentation or errors. Live ... Show More
Information
| Lot # | 173 |
|---|---|
| Estimate | 15,000.00 - 25,000.00 USD |
| Group - Category | Jewelry, Watches & Gemstones - Watches - Pocket Watches |
| Lead | Waltham, US Presidential presentation, 20S, 18K HC |
| Description |
APW - Waltham, U.S. Presidential presentation American Watch Co grade, 19J, Model 1862, 20S, heavy 18K gold original P.B. HC with black enameled nautical lifesaving scene to front, rear with black, blue, and red enameled U.S. Presidential Seal with "E Pluribus Unum" banner above a bald eagle with patriotic shield on its chest, and holding an olive branch in one talon and a group of arrows in its other talon, interior of case front is engraved "The President of the United States to Capt. Hans Dahlberg for the rescue of the Crew of the Am. Bark Toscana. 1867," gold cuvette, white enamel SS dial, KWKS (a key is included as pictured), lever escapement with capped escape wheel, gilt mvt, s#150077. Comes as pictured with a 10-inch 18K gold (tested) chain with replacement 9K gold (marked clasp), replacement gold-filled spring-ring, and attached 18K gold (tested) key with foliate detail; and comes also with a three-page Finnish newspaper article from 1972 showing images of the watch, its original owner, and his grandson Armas Dahlberg who was the owner of the watch at that time. Gross weight of assembled watch 95.4 dwt (148.5 g). Gross weight of 18K gold chain plus 9K gold clasp, gold-filled spring-ring, and 18K gold and steel key 29.0 dwt (45.1 g). An attractive early example of a top grade Waltham Presidential presentation watch, this piece was presented during the term of U.S. President Andrew Johnson. Please see our final photo with the lot for a small entry in the April 1st, 1867 issue of "The Charleston Daily News" of Charleston, South Carolina which notes that the Bark Toscano (sic) was reported to have been abandoned at sea and that the ship "was 660 tons register, and built at Bath, ME in 1865." In all, a terrific piece of maritime and Waltham Watch Co. history.
CONDITION: Mvt: Running, excellent-plus cosmetic mvt condition overall, good gilt tone, plates with some bits of mild haze in areas and few scattered small spots, two short scratches to inner edge of main plate near center, few micro-fine scratches elsewhere; dial with hl from 10 to center, mild light surface mark inside 4; excellent hands; case with evident past repair to front lid near hinge area with solder excess internally and with some evident repaired fine surface splits of planchet seam and adjacent area apparent, case shows light to medium wear, cuvette with numerous fine to micro-fine scratches from past key slips, upper-left rear shoulder with small ding, few mild small nicks elsewhere, front and rear images with good engraving detail, reduced engine turning detail with full loss throughout rear shoulder and throughout majority of front shoulder, front with enamel nearly fully intact to scene though with ample enamel losses to surrounding circular borders, rear enamel with enamel largely intact to Presidential Seal though with greater losses to surrounding circular borders, case front lift spring needs a bit of assistance to open lid and is not contacting lid to its fully opened position allowing lid to tip back a small bit toward closed with gravity; tight bow, push is a replacement of somewhat differing tone relative to case and of differing appearance than the original would have been; good glass crystal. Chain and key show medium to ample wear, replacement gold-filled spring-ring with portions of wear to brass.
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Auction Information
| Name | Featured Auction w/LIVE CLOSE: Horology, Jewelry, & Coins |
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| Auctioneer |
Jones and Horan Auction Team
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| Type | Live Webcast Auction |
| Date(s) | 9/12/2024 - 10/10/2024 |
| Auction Date/Time Info |
Online pre-bidding opens on Thursday, September 12. Actual auction event takes place on Thursday, October 10 with live close by an auctioneer beginning at 11 am EST. Live online bidding is also available at that time. You may also arrange telephone* bids by Tuesday, October 8 (*Phone bids have limited availability, first come first served.) Phone bidding available only on lots 25-50 and 115-186. No in-person bidders will be in attendance.
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| Preview Date/Time | Please contact us if you need more information. In person preview by appointment at our offices from now through Tuesday, October 8. |
| Checkout Date/Time | We will email you an invoice by Friday, October 11 if you are successful. (Please check your spam/junk folder if you do not receive an invoice in your inbox.) Payment is expected within 10 days of auction. |
| Location |
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| Buyer Premium | NO Buyer's Premium and NO Reserves |
| Description |
No Reserves! No Buyer's Premium! No Bidding Fees! All descriptions are guaranteed with a 10-day return privilege for misrepresentation or errors. Our home page is found at www.jones-horan.com. PLEASE NOTE: If you do not receive an invoice by email by Friday following the auction, please check your spam or junk folder. Thank you!
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Terms and Conditions
PLEASE NOTE: There is a cap of $10,000 on each bid. If you wish to place a bid over $10,000 on an item, please contact us more than 24 hours in advance of the auction's end time at auctions@jones-horan.com or by phone at (603) 623-5314. (If you have permanently been approved without limation by us in the past, the $10,000 per bid cap does not apply to you. If you are unsure whether you have been permanently approved to bid without limitation, please feel free to email auctions@jones-horan.com or call us at (603) 623-5314.)
ATTENTION NEW CLIENTS: Unvetted new clients should expect shipping delays unless references are provided or payment is made by wire transfer or Zelle.
ONLINE PRE-BIDDING (FREE SERVICE!): You will be able to place your top bids in the system at any time before the lot is sold on auction day. The system will bid on your behalf as competively as possible, and will only go up to your top bid if necessary to outbid other bidders.
LIVE ONLINE BIDDING (FREE SERVICE!): Be at your computer or device at auction time, register for the auction, and then click on the flashing blue BID LIVE button. Click on the blue ENTER RING button, and you're in! (Please note you will not be able to ask questions or ask that the auction be paused for you; you will only be able to see the progression of bids on each lot as it comes up, and you will be able to place bids if desired. The auction is fast-paced, at about 100 lots per hour, so you will need to have done your research ahead of time!
AFTER AUCTION INVOICING: Invoices will be issued Friday, October 11. IF YOU DO NOT receive an invoice by email Friday afternoon following the auction, please check your spam or junk folder. Thank you!
* There is NO Buyer's Premium and NO Reserves.
* Payment by cash (in person), check, wire transfer, Wise, Zelle, GlobalPay, or PayPal. (No credit cards can be processed directly by us; credit card payments may be made through Paypal or GlobalPay.) PLEASE NOTE: A 3% processing fee is added to invoices for payments made through PayPal or GlobalPay. Please disregard that fee if paying by any other method, including cash, check, wire transfer, Wise, or Zelle.
* A shipping charge will be added to every invoice, domestic and international. If desired, you may contact us for a quote for International shipping charges.
* We reserve the right to cancel and/or reopen the auction in the case of system failures.
ALL DESCRIPTIONS GUARANTEED, 10-DAY RETURN PRIVILEGE FOR MISREPRESENTATION OR ERRORS. If you have any issues with an item or shipment, please contact us immediately and we will resolve the problem. Our full return policy is found on our website at https://jones-horan.com/help/terms_and_conditions.html
Key to abbreviations: "APW" = American pocket watch | "cal" = caliber | "ct" = carat weight | "ctw" = total carat weight for multiple stones | "DS" = double sunk (for dials) | "dwt" = pennyweight (20 per ounce troy) | "EPW" = European pocket watch | "g" = gram (31.1 per troy ounce) | "GJS" = gold jewel setting(s) | "HC" = hunting case | "hl" = hairline | "hls" = hairlines | "HS" = hairspring | "J" = jewel(s) | "K" = karat of gold quality | "KW" = key-wind | "KWKS" = key-wind key-set | "LS" = lever set | "mm" = millimeter | "mvt" = movement | "NOS" = new old stock | "NR" = not running | "OF" = open face | "PW" = pocket watch | "QS" = quick set | "ref" = reference | "RR" = railroad | "S" = size | "s#" = serial number | "SS" = single-sunk (for dials) | "SW-LS" = stem-wind lever-set | "SW-SS" = stem-wind stem-set | "WW" = wristwatch
"Running" only means that the balance and escapement are performing in healthy fashion and without apparent defect, but does not guarantee timekeeping or warrantee future performance; unless otherwise noted, our timepieces are not serviced by us, and we do not know when they were last serviced from our sources. We do our best to indicate any potential problems or needs for repair.
The Jones & Horan plain English grading system follows this general order from top to bottom for mvts, component parts, metal dials, hands and cases: Mint | Near Mint | Excellent | Fine (the average grade for most used, running watches) | Fair | Poor. We no longer use "good" as a grade as it can be misleading, so it only applies to function (see below). We then describe any salient defects that should be called to the attention of the potential buyer.
With respect to wear, we also use the following terms in order: No wear | Hardly any wear | Very little wear | Little wear | Very light wear | Light wear | Medium wear | Ample wear | Substantial or abundant wear | Worn out. These general terms are used in combination with precise descriptions of defects for further elaboration where needed.
Enamel dials are not necessarily graded, but called "flawless" when free of cracks, chips or hairlines, which are structural and always noted. Surface defects such as scratches, discoloration or graphical defects may be present on a perfect dial, and are noted separately.
The term, "Good," is only used alone to indicate that the watch or its function is doing what it should be doing, as in "good running order, good repeat function and tone, good chronograph and date functions," etc. These functions are not rated or graded. "Good crystal" means without meaningful defect, as does "Good dial."
Bid Increments
Your bid must adhere to the bid increment schedule.
| Bid Amount | Bid Increment |
|---|---|
| 0.00 - 199.00 | 10.00 USD |
| 199.01 - 499.00 | 25.00 USD |
| 499.01 - 999.00 | 50.00 USD |
| 999.01 - 4,999.00 | 100.00 USD |
| 4,999.01 - 9,999.00 | 200.00 USD |
| 9,999.01 - 19,999.00 | 500.00 USD |
| 19,999.01 - 49,999.00 | 1,000.00 USD |
| 49,999.01 - 9,999,999.99 | 5,000.00 USD |
Payment Information
| Currency | USD |
|---|---|
| Buyer Premium | NO Buyer's Premium and NO Reserves |
| Payment Terms |
PLEASE NOTE: A 3% PROCESSING FEE is ADDED TO INVOICES FOR PAYMENTS MADE THROUGH PAYPAL OR GLOBALPAY. Please disregard that fee if paying by any other method, including cash, check, wire transfer, Wise, or Zelle.
PAYMENT METHODS: Cash (in person), Check, Bank Wire Transfer, Zelle, Wise, GlobalPay, or PayPal. (We are not set up to accept credit card payments directly; however, credit card payments may be made through GlobalPay or PayPal.)
Payment is expected within 10 days of auction.
ATTENTION NEW CUSTOMERS: Unvetted new bidders should expect shipping delays unless references are provided or payment is made by wire transfer or Zelle.
Bank Wire Transfer information: Send an email request for our bank wire transfer information to auctions@jones-horan.com.
ZELLE: Use email address auctions@jones-horan.com
CHECKS MADE OUT TO: Jones & Horan and mailed to: Jones & Horan, 453 Mast Road, Goffstown, NH 03045
WISE: SEND TO auctions@jones-horan.com (please note the "s" in "auctions")
GLOBALPAY: Follow the link in the email containing your invoice. A 3% processing fee applies to payment by GlobalPay.
PAYPAL: SEND TO auctions@jones-horan.com (Please note the "s" in "auctions".) A 3% processing fee applies to payment by PayPal.
We will e-mail you an invoice no later than the morning following the sale, if you are a winning bidder. (Please note that these invoice e-mails sometimes end up in "spam" or "junk" mail folders, so please check there if you have not received one.)
We are not set up to accept credit cards directly, despite the fact that the "Payment Methods" tab would seem to indicate so. That is a page that is "an overall Hibid account setting" and cannot be removed, according to the programmers. Hibid is the company that hosts our auctions on their website. If you add credit card information to place it "on file" with HiBid, that information does not transfer to our software after the auction.
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Shipping / Pick Up
A SHIPPING CHARGE WILL BE ADDED TO ALL INVOICES, whether domestic or international.
Unvetted NEW BIDDERS should expect shipping delays unless references are provided or payment is made by wire transfer or Zelle.
Pickup in person is welcomed BY APPOINTMENT ONLY. If someone else is picking up for you, please notify us and have that person bring an ID with them to pickup.
By bidding in our auctions, you are agreeing to our terms and policies, including our shipping policies, as outlined here. We are responsible for shipments while with agents for hire as long as the package is shipped according to our policy as outlined in the next two paragraphs. If a bidder requests in writing different shipping arrangements that do not follow our policy (often in attempt by the bidder to save on the cost of shipping), Jones & Horan is not responsible for the purchase once it is scanned into the possession of the carrier and the Jones & Horan return policy no longer applies and is void. (See below “If you request shipping different than our policy.”)
Packages valued over $500: We ship all packages valued over $500 via FedEx Express, signature required, fully insured. (Depending on the country, some FedEx packages are sent via FedEx “Economy” since the price difference is large, and the difference in day of delivery is often only two days.)
Packages valued at $500 or less: Packages valued at $500 or less will be shipped USPS Priority, fully insured, signature required.
Domestic customers: If you desire faster delivery, please notify us immediately. We will add the shipping surcharge for the expedited shipping to your invoice. Once payment is received (including the shipping upgrade fee), we can arrange FedEx overnight shipping.
International Customers: Feel free to contact us for a quote on shipping charges. For shipments valued at $500 or less, we ship via USPS Priority Mail in our own boxes (not flat rate). Where the value is over $500, we ship via FedEx International. IF YOU DO NOT WANT ITEMS SHIPPED VIA FEDEX, PLEASE NOTIFY US WHEN MAKING PAYMENT. We have found FedEx to be the most reliable and safe method to ship higher ticket items and get them through customs. We have also found DHL to be reliable, but our cost for DHL is far higher than FedEx costs. If you would like to provide your own DHL label for shipping, we can work with you. We have also found that when shipping via USPS, in order to have tracking available past the United States border, we must ship in our own boxes, not in the cheaper flat rate USPS boxes. We do not change lot values on international shipping documents.
ALL SHIPMENTS ARE INSURED.