Legal Center

Provenance & Ownership Terms

These terms govern provenance records held in the Provenance Vault, the ownership records associated with a watch, and ownership transfers made through the Platform.

Effective
Last updated
Version
1.0

These documents have been prepared for the Atlas & Crown platform but have not yet been reviewed by qualified legal counsel. They are published for transparency, and several provisions — governing law, dispute resolution, liability caps, and statutory privacy rights — are expressly left unstated rather than asserted before that review. We would rather tell you that than imply a certainty we do not have.

1. What a provenance record is

A provenance record is an entry in a watch’s history — a purchase, a service, a sale, a documented event, or a piece of supporting evidence. Together they form a chain of recorded history for the watch.

A provenance record is a record of what was stated or documented. Except where it is expressly marked as verified by Atlas & Crown, it is not our finding and we do not adopt it as one.

2. Verified, submitted, and third-party information

Not every entry carries the same evidentiary weight, and the Platform distinguishes them by source rather than presenting them as equivalent:

Atlas & Crown verified
Information established through our own processes — an examination finding, an issued certificate, or a transfer we executed. This is our own statement.
User-submitted
Information supplied by an owner or a previous owner. It is recorded as stated and has not been independently verified by us unless the entry says so.
Manufacturer-supplied
Records contributed by an authorized manufacturer or service organization, attributed to that organization. Being manufacturer-supplied does not make a record independently verified by us — the two are tracked separately and never merged.
Third-party documentation
Material originating from dealers, auction houses, archives, historical publications, or other outside sources, identified as such.

3. Provenance history is durable

A history that can be quietly rewritten is worth nothing. Provenance entries are therefore durable: entries generated by the Platform — transfers, certificate events, administrative corrections — cannot be edited or deleted by users, amendments preserve what was there before, and removals are recorded rather than erased.

Every creation, amendment, and removal is written to an append-only audit trail with the acting account and the reason given.

4. Ownership records are not legal title

An ownership record on the Platform is a record of a claim and of the transfers we have executed. It is evidence that may be useful, and it is deliberately not more than that. Legal ownership of a physical object is determined by the law that applies to it and, where contested, by a court — not by a database entry.

You must not present an Atlas & Crown ownership record as proof of title, and you must not rely on one as a substitute for your own diligence when buying a watch.

5. Claiming a watch

When you record ownership of a watch you confirm that you own it or are authorized to act for the owner, that the claim is honest, and that you are not aware of a competing claim or theft report affecting it.

A watch has at most one current owner on the Platform at any time. A false ownership claim is a material breach of the Terms of Service.

6. Ownership transfers

A transfer moves the current-owner record for a watch from one account to another. It requires action from both parties, may require additional identity verification, and is recorded when it completes.

A completed transfer records the change of custody on the Platform. It is not a contract of sale, does not transfer legal title on its own, does not confirm that payment was made, and does not warrant that the transferor was entitled to transfer.

7. Current ownership and historical participation

The Platform keeps two things apart, and so should anyone reading a record:

Current ownership status
Who holds the active ownership record for the watch now. Exactly one account at a time, and it changes on transfer.
Historical provenance participation
That a person or organization featured in the watch’s recorded history at some point. Permanent, and no longer a claim to the watch.

A legitimate change of ownership does not remove legitimate history, and appearing in a watch’s history does not confer any present right to it.

8. Corrections and removal requests

If a record about a watch you own is wrong, ask us to correct it and tell us why. We will review the request against the evidence available.

We will correct demonstrable errors. We will not remove an accurate record because it is inconvenient — including a record of a previous owner, a prior transfer, or a superseded certificate — because doing so would defeat the purpose of keeping provenance at all.

9. Ownership disputes

Where a competing claim is raised, we may mark the watch as disputed and freeze ownership-level actions on it while the dispute is open. A dispute may be upheld, dismissed, or withdrawn.

10. Watches reported stolen

If you have reason to believe a watch recorded on the Platform is stolen, tell us and tell the relevant authorities. Reporting to us is not a report to law enforcement, and we cannot act as one.

Where we receive a credible report, we may mark the record as disputed, freeze ownership actions, and decline further certification while the matter is open. We do not run stolen-property database checks as part of authentication, and an entry on the Platform is not a representation that a watch is free of theft claims.

11. Estate and succession records

Estate and succession features let you organize intentions and documentation for your collection. Designating a beneficiary on the Platform organizes information; it does not transfer ownership, and it is not a will or a testamentary instrument.

Atlas & Crown is not a law firm and does not provide legal advice. Estate requirements vary by jurisdiction, and documents intended to affect legal ownership should be prepared or reviewed by a qualified professional in yours.

If anything here is unclear, or you believe a record about you or your watch is wrong, get in touch. We would rather answer a question than have you rely on a guess.