Pawn Auction

Instruction:

By signing a absentee bid form is possible to participate at the auction even though you are not present, up to the limit of the established amount of money.

Example:
Lot with starting bid of SFr. 1'000.–

Your absentee bid with the (hypothetical) limit of SFr. 1'300.–

The highest bid reached during the auction is of SFr. 1'100.– thus the lot will be yours with the following bid of SFr. 1'150.– (If there are more bids, you will participate till your limit of SFr. 1'300.–)

In order to participate at the auction with the absentee bid is necessary to leave a cash deposit, which will be returned in case that you will not get the item.

Absentee bids can be effected during the exhibition.

Auction buyers, loyal buyers, or just people that foresee to effect many purchases, can require before the auction starts, the special sign of recognition. In this case they will not be disturbed to pay every single purchase and they can settle payments at the end of the auction.

As a rule, color stone, it is not certified as precious one, except declared exceptional cases.

Referring to the painting and art pieces in general, the attribution are as written on the work, any responsibility is taken by our Institute or by the Authority that ordered the auction.

Any responsibility is taken for the objects sold with the right of the Police.

The auction policies are displayed during the exhibition and they are read before the auction sale and they have legal action after each purchase.

The retail prices on certain items are only indicative and without any responsibility because compared with equal or similar items on sale or sold in Europe and/or others Continents.

The meaning of the words "funzionante" or "perfettamente funzionante" is that at the moment of taking a pawn, the item was in perfect condition, but without responsibility for us for its functioning during and after the sale. The buyers have to verify the lots before the auction, during the previews, if the description and the state of the lots coincide with their personal opinion.

Regarding vintage watches our Institute doesn't absolutely give any judgements of value, originality, contemporaneity of the watch's parts, authenticity and any other possible difference or lacking. Buyers have the possibility during the two days of exhibition to check themselves or to let check vintage watches from an expert and therefore decide its purchase and its value.

WE RETAINS THE RIGHT TO INSTITUTE LEGAL ACTION BEFORE THE SWISS COURTS OF LUGANO.

Sometimes the photos don't correspond to the real dimensions as well as the colours.

+ People that cannot place absentee bids in person, please call this number +41 91 961 65 00 to get information on how to proceed.

Unico banco dei pegni (Monte di pietà) in Ticino con patente cantonale da 21 anni

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