Antique Watch Auction
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Auction catalog - An auction catalog is a catalog that lists items to be sold at an auction. Auction catalogs for rare and expensive items, such as art, jewelry, postage stamps, and antique furniture, are of interest in and of themselves, for they will frequently include detailed descriptions of the items, their provenance, historical significance, photographs, and so forth.
Automatic watch - An automatic watch (also called a self-winding watch) is a mechanical watch whose mainspring is wound by the motion of the wearer's arm, instead of having to be wound manually every day. Whereas a quartz watch is powered by electricity, a mechanical watch is powered by a mainspring which must be rewound for the watch to keep time.
Reverse auction - A reverse auction (sometimes called a procurement auction or tender) is a type of auction in which the role of the buyer and seller are reversed. In a more typical auction, the seller puts up an item for sale, multiple buyers bid for the item and depending on the nature of the auction (English or Dutch), and one or more of the highest bidders buy the goods at a price determined by the bidding.
International Watch Company - Interational Watch Company (also known as IWC Schaffhausen) is a precision watch company founded in 1868 by Florentine Ariosto Jones, an American engineer from Boston, Massachusetts. Located in Schaffhausen, Switzerland, IWC Schaffhausen is notable for being the only major Swiss watch factory located in eastern Switzerland, as the majority of the well-known Swiss watch manufacturers are located in western Switzerland.
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