Charity Auction will take place at the HSNY 2024 Gala on Saturday, April 6
The Horological Society of New York's annual charity auction plays a vital role in supporting the future of watchmaking education. One hundred percent of the proceeds raised from the charity auction benefit HSNY’s ongoing educational initiatives, including supporting watchmaking students with scholarships.
All lots offered without reserve, with no buyer’s premium. One hundred percent of proceeds from the sale of these items will benefit HSNY’s ongoing educational initiatives, including supporting watchmaking students with scholarships. Absentee bids may be submitted in advance of the auction via email to info@hs-ny.org, and will be accepted until 5PM EDT, Friday April 5, 2024. Please note that all absentee bids submitted are final and may not be cancelled once confirmed. By submitting a bid, you accept personal liability to pay the total purchase price including all applicable charges and taxes.
Buyers may be entitled to claim a charitable contribution deduction for the hammer price, but such deduction will be limited to the excess of the hammer price paid for the lot over its fair market value. Inaccordance with applicable IRS regulations, HSNY has provided a good faith estimate of the fair market value for each lot which is the mean of the pre-sale estimates relating to that lot. Buyers will have until December 31, 2024, inclusively, to indicate to HSNY in an email to info@hs-ny.org expressing their wish to benefit from this charitable contribution deduction. Buyers are advised to discuss their particular tax circumstances with their independent tax advisors to determine whether a charitable contribution deduction is available, including residency eligibility under applicable laws to determine if a charitable deduction is available in any jurisdiction outside the United States.