Name Pocket Watch Auction (online-only)
Auctioneer Richard A. Olson & Associates, Inc
Type Online-Only Auction
Date(s) 7/2/2020 - 7/21/2020
Preview Date/Time Call for appointment to preview.
Location 531 W Bedford Rd
Morris, IL 60450
Buyer Premium 10% will be added to the final bid price
Pocket Watch Auction - Online-Only LOTS WILL BEGIN TO CLOSE TUESDAY, JULY 21, 2020 @ 2:00 PM CST 94 lots of Pocket Watches and other items from the John Georgoulakis Estate (Plainfield, IL). View Catalog or Register to Bid: John had a large lifetime watch collection. There are some gold and high jewel count watches in this auction. To date, we have sold OVER 1250 pocket watches for the family. To the bidders that have bought watches from the estate in the past, we "thank you" very much. We hope you enjoy the pocket watches as much as he did. It has been our pleasure offering these to the public. DO THEY RUN? Each of the watches are in working order; unless it is stated "does not run" in the Lot Description. Please refer to the Lot Description for additional watch information and notes regarding working condition or remarks. All watches are sold as-is. We do the best we can to provide you enough information to make a confident bid. We use for some information. The Lots are sorted by Size (smallest to largest), then Manufacturer, then Serial Number. On this auction we have (2) 6/0s, (1) 3/0s, (4) 0s, (3) 6s, (12) 12s, (17) 16s and (40) 18s. As for Jewel Count, we have (12) 7j, (1) 9j, (17) 11j, (11) 15j, (1) 16j, (13) 17j, (4) 19j, (4) 21j and (16) unknown. Catalog is available on website. There is a 10% Buyers Premium added to the final bid with no additional credit card surcharge. For those without internet or the means to bid online, we do allow a "floor bid" to be placed through our office (instead of bidding online). It is suggested you inspect the watches before leaving us a bid. Please read the terms & conditions for additional bidding information found on the bidding platform See terms regarding shipping. We bubble-wrap and ship USPS Priority Mail with insurance and tracking numbers. Owner: Estate of John Georgoulakis LOTS WILL BEGIN TO CLOSE TUESDAY, JULY 21, 2020 @ 2:00 PM CST Richard A. Olson & Associates strongly encourages in-person inspection of items by the bidder. Statements by RO & Assoc regarding the condition of objects are for guidance only and should not be relied upon as statements of fact, and do not constitute a representation, warranty, or assumption of liability by RO & Associates. Give us a call to schedule an appointment or if you have any further questions. Due to Covid-19 concerns, we can make special arrangements for you to preview the items in person (if you wish). Auction conducted by Richard A. Olson & Associates, Inc. Auctioneers: Dick Olson - IL License #440.000585 Erik Olson - IL License #441.001909 531 Bedford Rd, Morris, IL 60450 (815) 942-4266 ***There will be another auction Pocket Watch Auction in August. See our website for more information.***
Auction Terms & Conditions LOCAL PICK UP AND SHIPPING AVAILABLE. Everything is sold "AS IS/WHERE IS" with no warranties, representation or guarantees expressed, implied or otherwise given. All sales are final. Conditions of Items Sold: a) All information is believed to be accurate, but the auction company shall not be responsible for the correct description, authenticity, genuineness of or defect in any lot, and makes no warranty in connection therewith. No allowance will be made or sale set aside on account of any incorrectness, error in cataloging or any imperfection not noted. No deduction will be allowed on damaged articles as all goods being exposed for public exhibition are sold "as is" and without recourse. Richard A. Olson & Associates retains the right to govern goods and services sold to clients and to maintain the level and integrity of our business. RO & Assoc has the right to terminate the auction at any time; withdrawal from sale of any item; to sell at this auction items not listed; to group one of more lots into one or more selling lots or to subdivide into two lots or more selling lots. The auction company also reserves the right to sell all of the items listed in bulk. Payment: 1) All payments will be required to be paid for with the credit card on file after auction is complete. 2) 10% Buyer's Premium rate will be charged to all winning bids in this auction. 3) Buyer specifically waves the right to dispute or deny payment for any purchases made with a credit card. 4) No items will be removed until they have been paid for. Purchaser is responsible for removal of all purchased goods. 5) All items must be picked up in the allotted time following the auction unless arrangements were made with the auction company prior to bidding. If items are not removed by this time they will be forfeited and/or sold for storage. This does not apply if the buyer chooses to have the items shipped. Loading & Removal: RO & Assoc does not lend, lease, or borrow any equipment, nor deliver sold goods. Buyer is responsible for their own removal of all items. Please bring any packing material and boxes that you may need. Please bring assistance to move heavy items to your vehicle and any tools for dismantling. Persons removing goods assume all risks of damage or loss to person and property and specifically release and indemnify the Auction Company from liability therefore. Neither the Auction Company nor his principal or seller shall be liable by reason of any defect in or condition of the premises in which the sale is held. Delinquent Accounts: The bidder that has not paid for, or has not removed their items from the auction site, will be subject to the cost of storage, trucking, re-sale, deficiency balances, collection fees, and any legal fees for recouping a loss due to the bidder's negligence. Reserves: Any and all items that RO & Assoc agrees to sell are subject to a reserve as per Illinois State Auction Law. Requiring a credit card to register ensures that you are not bidding against people who have no intention of purchasing the items. We are fully PCI complaint and have monthly security scans through or provider, First Data, and our auction software company as well. Our software company provides the back-end to more auction companies than any other provider. We are also licensed with the State of Illinois Department of Business and Professional Regulation under Auction Business License #444.000512, Auctioneers Richard A. Olson License #440.000585 and Erik C. Olson License #441.001909. Providing the highest level of Professional Auctioneering Service for the past 50 years. --------------------------------------------- ------------------------------------------ Terms Of Use

Seller User Terms

Bidder User Terms
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 49.00 1.00 USD
49.01 - 97.50 2.50 USD
97.51 - 495.00 5.00 USD
495.01 - 2,490.00 10.00 USD
2,490.01 - 4,975.00 25.00 USD
4,975.01 - 7,450.00 50.00 USD
7,450.01 - 9,900.00 100.00 USD
9,900.01 - 19,750.00 250.00 USD
19,750.01 - 99,500.00 500.00 USD
99,500.01 - 9,999,999.99 1,000.00 USD
Currency USD
Buyer Premium 10% will be added to the final bid price
Payment Terms
Cash, Check, Credit Card
PICK UP OR SHIPPING AVAILABLE. IF CHOOSING SHIPPING: We usually use USPS Priority Mail for our auctions. We will issue a tracking number and charge the card on file the Shipping amount plus $3.00 handling charge. Insurance will also be applied (at buyers expense) and tracking numbers. We will combine multiple lots into one shipment to save on overall costs. Note: we are not in the shipping business to make money, we will keep costs low for the buyer. The $3.00 handling fee covers all shipping supplies and labor. As always, call us with any questions.