Where do our watches come from?
Unless otherwise stated, all items listed on our auction platform have either been gifted directly by the Brand, or from private collectors.
What condition are the watches?
Our auction items are described as either:
NEW - the watch has been donated to The Buying Time Foundation within the past 2 months
UNWORN - the watch has been donated by a private collector
USED - worn as described and unrestored
REFURBISHED - donated, fully restored with guarantee
What are the starting prices based on?
Our starting prices are calculated on the original retail price less 20% VAT.
Are the watches covered by warranty?
If the watch is NEW it will carry the full manufacturers guarantee. If UNWORN it will depend on the age of the item - original guarantee may no longer be valid.
What happens if I win an auction?
If you successfully win an auction, once you have proceeded with purchasing, we will contact you to carry out verification checks before sending out the product. Once complete, your purchase will be fulfilled.
Important Information for Buyers: AML Requirements
Under current Anti-Money Laundering regulations, we are legally required to verify the identity of our clients before completing transactions (or accepting linked payments) that meet high-value thresholds.
Before you complete a purchase, you may be asked to provide:
- For Individuals: A valid government-issued photo ID (e.g., passport or driving licence) and a recent proof of address (utility bill or bank statement dated within the last 3 months).
- For Companies/Trusts: Proof of incorporation, details of directors, and identification of ultimate beneficial owners.
- Source of Funds: Evidence of how the funds were legally acquired.
Note: Payments must originate from an account in the name of the registered buyer. All data collected is securely stored in accordance with current data protection laws.
