Auction is a public form of sale in which potential buyers compete with each other to win an asset. When the presale expires, the online tender for the award of a lot is opened, starting from the auction base with a price lower than its evaluation, and gradually increasing offers are collected. When the bidding sequence runs out, the auction closes. If the bids collected have reached or exceeded the basic auction price, the lot is awarded to the highest bidder, otherwise it remains unsold.
Registration takes place by completing the identification form which will result in the assignment of a participant number.
Registration and participation in the auction are free, and nothing will be due for non-awarding.
The buyer, only in case of award of the lot
will have to pay:
- The entire sum of the purchased lot, in addition to shipping costs (€ 20 Italy, € 40 EU countries, € 80 non-EU countries), no later than three working days following the date of award of the lot. he
will not have to pay:
- The commission costs of the auction.
FIND OUT HOW TO PARTICIPATE ONLINE, WATCH THE AUCTION DEMO, CLICK HERE!
The Jewelery Market remains available for any agreements between the parties.
Payment must be made by bank transfer and shipment must be made by the Jewelery Market within and no later than 20 days from receipt of payment.
For more information, see the “Terms and Conditions” section.