Jewelry, Watches, Silver & Coins

Accepted forms of payment: American Express, Visa, MasterCard & Paypal. Buyer's Premium: 22,96 + VAT of the Hammer Price of the lot, up to a maximum of Euro 2.999,99; 21,32 + VAT of the Hammer Price of the lot in excess of Euro 3.000,00 up to Euro 9.999,99; 19,68 + VAT of the Hammer Price of the lot in excess of Euro 10.000,00 up to Euro 59.999,99; 18,04 + VAT of the Hammer Price of the lot in excess of Euro 60.000,00 up to Euro 99.999,99; 16,40 + VAT of the Hammer Price of the lot in excess of Euro 100.000,00 up to Euro 299.999,99; 12,30 + VAT or any part of the Hammer Price in excess of Euro 299.999,99. Conditions of Sale: Payment In case of award, the Buyer is required to pay Finarte the total amount due immediately - and in any case no later than five (5) days - from the end of the auction. In the event that the lot has been the subject of the declaration pursuant to art. 4.1.14 above, the Purchaser undertakes to pay the total amount due at the end of the term for the exercise of the pre-emption by the competent Ministry. The invoicing of the Price to the Buyer will be the exclusive competence of the Seller. The payment of the Purchase Commission and any Expenses can be made by cash, cashier's check, bank check, bank transfer, Bancomat or Credit Card (American Express, Visa or Mastercard) or Paypal Finarte can accept single or multiple payments in cash only for amounts below € 2,999.99. The bank details for transfers are as follows: Finarte Auctions Srl bank: UBI - Unione Banche Italiane IBAN IT number 88 B 03111 01621 000000002377 SWIFT number BLOPIT22 In the case of bank transfer, the name and surname of the Buyer and the invoice number must be indicated in the reason for payment. Payment by debit card, American Express, Visa or Mastercard can only be arranged by the cardholder or, in the case of payment by PayPal, by the holder of the relevant account. Finarte reserves the right to check the origin of payments received and not to accept payments received from people other than the Buyer. In limited circumstances and in any case subject to the Seller's consent, Finarte may grant to Buyers that it deems reliable the faculty to pay the lots at extended intervals. The deferred payment methods must be defined before the sale. Before establishing whether or not to grant deferred payments, Finarte may request references on the Buyer's reliability and documentation on its identity and residence. Also pursuant to and for the purposes of the provisions of art. 1523 cc, the transfer of ownership of the lot from the Seller to the Buyer will take place only at the time of payment by the Buyer of the total amount due. In the event of non-payment or late payment by the Purchaser - within the term referred to in art. 7.1. that precedes - in whole or in part, of the total Amount due, Finarte has the right, at its option, to request compliance or to terminate the sales contract in accordance with art. 1456 cc, except in any case the right to compensation for damages, as well as the right to have the lot sold on behalf and at the expense of the Buyer, pursuant to art. 1515 cc In case of delay in the payment of the total amount due for a period exceeding five (5) working days from the auction date, Finarte may deposit the lot with a third party depository at the risk and expense of the Buyer. As well as charging the Buyer and withholding at his own credit default interest equal to the rate set by the 3-month Euribor law plus a five percent spread (5%), except for Finarte's right to compensation for greater damages. In case of non-payment or late payment by the Purchaser, Finarte may refuse any offer made by the Buyer or its representative during subsequent auctions or ask the Buyer to deposit a sum of money, as a guarantee, before to accept offers. Finarte has the right to compensate any sum due, for any reason, to the Buyer with any sum owed by the latter, for any reason to Finarte. Check-in hours: Mon-Fri 10.00am-1.00pm; 2:00 p.m. to 17:30. Provenance In some circumstances, Finarte can print the history of the ownership of a lot in the auction catalog when it believes that the information can contribute to its study or if it helps to distinguish the lot. However, the identity of the Seller or the previous owners may not be made public for a number of reasons, for example to respect the Seller's request for confidentiality or because the identity of the previous owner is not known due to age of the lot. Price and Purchase Commission and VAT. A Purchase Fee will be added to the Lot Price which the Buyer is required to pay as part of the total Amount due. The Purchase Commission is established to the extent of: 22,96 + VAT of the Lot Price up to the amount of 2,999.99 euros; 21.32 + VAT for each part of the Price exceeding the amount of 2,999.99 euros up to the amount of 9,999.99 euros; 19.68 + VAT for each part of the Price exceeding the amount of 9,999.99 euros up to the amount of 59,999.99 euros; 18.04 + VAT for each part of the Price exceeding the amount of 59.999.99 euros up to the amount of 99.999.99 euros; 16.40 + VAT for each part of the Price exceeding the amount of 99.999.99 euros up to the amount of 299.999.99 euros; 12.30 + VAT for each part of the Price exceeding the amount of 299.999,99 euros. A Value Added Tax (VAT) can be applied to the Price and / or the Purchase Fee. Please refer to the VAT information contained in the "Symbols" section below. In order to harmonize the tax procedures between the countries of the European Union, with effect from 1 January 2001 new rules were introduced in Italy with the extension to the Auction Houses of the margin scheme. Article. 45 of law 342 of 21 November 2000 provides for the application of this regime to sales concluded in execution of commission contracts defined with: (a) private subjects; (b) taxable persons who subjected the operation to the margin scheme; (c) persons who have not been able to deduct the tax pursuant to art. 19, 19 -bis , and 19- bis 2 of the Presidential Decree. 633/72 (which sold the lot exempted pursuant to art. 10, 27- quinquies)); (d) parties who benefit from the exemption regime for small businesses in their state. By virtue of the special legislation, in the aforementioned cases any VAT tax, or a substitute value of VAT, if applicable, is applied by Finarte. No particular symbol will be used to identify the lots sold in the margin scheme. Right of Resale In addition to the Price, the Purchase Commission and other Expenses, the Purchaser undertakes to pay Finarte, if due, the "resale right" exArticles. 144 et seq. of the Law of 22 April 1941, n. 633 and subsequent amendments and additions which would be due to the Seller to pay based on art. 152, paragraph 1, Law 22 April 1941, n. 633 and subsequent amendments and additions. The "resale right" will be paid by the Buyer in accordance with Article 7 and will be paid to (SIAE) by Finarte. The lots subject to the resale right are marked with the symbol (*) in the percentage indicated below for a total amount not exceeding 12,500.00 euros. The "resale right" is due only if the sale price is not less than € 3,000.00. It is thus determined: 4% for the part of the sale price between € 0 and € 50,000.00; 3% for the part of the sale price between € 50,000.01 and € 200,000.00; 1% for the part of the sale price between € 200,000.01 and € 350,000.00; 0.5% for the part of the sale price between € 350,000.01 and € 500,000.00; 0.25% for the part of the sale price higher than € 500,000.00. Safety To safeguard the safety of potential Buyers and Buyers during their stay in our exhibition spaces, Finarte exhibits all the works in such a way as not to create any dangers. However, in the event that a potential Buyer handles exposed lots, this is at his or her own risk. Some large and heavy batches can be dangerous if handled incorrectly. If you wish to inspect a lot carefully, please request assistance from Finarte staff. Some lots on display could be marked with the words “please do not touch"Or with other similar wording. If you intend to examine these lots, please request assistance from the Finarte staff. In any case, except for willful misconduct or gross negligence, Finarte will in no way be liable for any damage suffered by the potential Purchaser, the Purchaser or its scholar or its independent expert during the inspection of the lot. temporary importation has been requested. Auction Procedure The auction is governed by the General Sales Conditions and by the General Terms and Conditions of Sale. The General Conditions of Sale may be modified by means of a notice posted in the auction hall or by an announcement made by the auctioneer before the auction begins. In the event that Finarte allows participation in the auction, even online, these changes are also brought to the attention of the Site before the auction begins. Bids can be made personally through a pallet during the auction, by means of a written offer before the auction, by telephone or via the internet (in the latter case only if possible in relation to the specific auction). In the event that the Seller is a professional and the Buyer is a consumer pursuant to art. 3 of the Consumer Code, sales concluded through written, telephone or online offers are distance contracts pursuant to and for the purposes of articles 45 et seq. of the Consumer Code. The speed of the auction can vary, between fifty (50) and one hundred and twenty (120) lots per hour. The increase in offers is generally ten percent (10%) compared to the previous one. At its complete discretion, Finarte has the right to refuse anyone to participate in the auctions. In respect of each potential Buyer, Finarte reserves the right to subordinate participation in the auction to the display of a letter of bank reference or to the deposit of a sum to guarantee the exact fulfillment of the obligations provided by these General Terms and Conditions of Sale which will be returned once the auction has ended. Anyone making an offer at an auction will be considered a party directly interested in the purchase, unless a written agreement between the auction participant and Finarte on the basis of which the participant declares to act in the name and on behalf of a third party that is by Finarte accepted. In the event that a person who has been granted the possibility of making an offer relating to a lot has a direct or indirect interest on the same, such as for example the beneficiary or the executor who sold the lot, or the co-owner of the lot or another party that has provided a guarantee for the lot, Finarte will notify it in the catalog. The auctioneer conducts the auction starting from the offer that he considers adequate, depending on the value of the lot and the competing offers. The auctioneer can open the offers on each lot by making an offer in the interests of the Seller. The auctioneer can also bid in the interest of the Seller, up to the amount of the Reserve, by making consecutive offers or in response to other offers. The auctioneer's hammer blow determines the acceptance of the highest bid, the price and, consequently, the conclusion of the sales contract between the seller and the buyer. The auctioneer can, at his absolute discretion and at any time of the auction: -pick up a lot from the auction; -reformulate a sales offer for a lot, if there are reasons to believe that there is an error or a dispute; and / or -adopt any measure that it deems appropriate in the circumstances, such as matching or separating lots or changing the sales order provided that the lot is not offered on auction an earlier day than that indicated in the auction catalog. During some auctions a video screen may be operating. Finarte declines all responsibility in relation to the correspondence of the image on the screen to the original, and for errors in the functioning of the video screen. Finarte declares that the lot can be the subject of a declaration of cultural interest by the Ministry of Cultural Heritage and Activities and Tourism pursuant to art. 13 of the Urbani Code. In this case or in the event that the declaration of cultural interest pursuant to art. 14 of the Urbani Code, Finarte will communicate it before the sale. In the event that the lot has been the subject of a declaration of cultural interest, the Seller will report the sale to the competent Ministry ex59 Urbani Code. The sale will be suspensively conditioned by the failure of the competent Ministry to exercise the right of first refusal within sixty (60) days from the date of receipt of the complaint, or within the term greater than one hundred and eighty (180) days pursuant to art. 61, paragraph 2, of the Urbani Code. Pending the deadline for the exercise of the pre-emption the lot cannot be delivered to the Purchaser on the basis of what established by the art. 61 of the Urbani Code. The Reserve may never exceed the Minimum pre-sale Estimate announced or published by Finarte, except in the event that the Reserve is expressed in a currency other than the euro and there are significant fluctuations in the exchange rate between the date on which it was agreed the Reserve and the auction date. In this case, unless otherwise agreed between Finarte and the Seller, the Reserve will be modified in an amount equal to the equivalent in euro based on the official exchange rate of the day immediately preceding the auction. Offers "at best", "subject to viewing" or which include lots as an alternative to the one indicated are not accepted. 5. Obligations of Finarte towards the Buyer Finarte acts in the name and on behalf of the Seller, as agent with representation of the Seller, except in cases where it is the owner of all or part of a lot. Upon request of the Buyer, Finarte may provide, at its discretion and on payment, a written report ( condition report ) on the conditions of the lot. In the event that, after the sale at auction, a lot is found to be a Counterfeit, Finarte will reimburse the Buyer requesting termination of the sales contract, after returning the lot to Finarte, the Total Amount due on condition that, not later than five (5) years from the date of sale, the Buyer: communicate to Finarte in writing, within three (3) months from the date on which you received news that led you to believe that the lot is a Counterfeit, the lot number, the date of the auction to which the lot was purchased and the reasons for which the Buyer believes that the lot is a Counterfeit ; is able to return the lot to Finarte, free of claims or claims by third parties arising after the date of sale and the lot is in the same condition as it was at the date of sale ; provides Finarte with the reports of two independent scholars or experts of recognized competence, explaining the reasons why the lot is considered a Counterfeit. Finarte reserves the right to proceed with the resolution of the sale even in the absence of one or more of the conditions requested above, in whole or in part. Finarte will not be bound by the opinions provided by the Buyer and reserves the right to request the additional opinion of other experts at its own expense. In the event that Finarte decides to terminate the sale, Finarte will be entitled to reimburse the Buyer, to a reasonable extent, the costs incurred by it in obtaining the opinions of the two independent experts accepted by both Finarte and the Buyer. The Buyer will not be entitled to terminate the sales contract and Finarte will not refund if: the description in the catalog was in line with the generally accepted opinion of scholars and experts at the date of sale or indicated as controversial the authenticity or attribution of the lot; o on the date of publication of the catalog the counterfeit of the lot could only be ascertained by carrying out analyzes generally considered inadequate for the purpose or difficult to implement, the cost of which was unreasonable or which could reasonably have damaged or otherwise lead to a decrease in the value of the lot. 6. Obligations of the Buyer and responsibility of Finarte towards the Acquirentie The Buyer undertakes to examine the lot and the relevant documentation prior to purchase to verify compliance with the catalog descriptions and, if necessary, to request the opinion of an independent scholar or expert, to ascertain paternity, authenticity, provenance, attribution, origin, date, age, period, cultural origin or source, condition and completeness, quality, including price or value. Any written or verbal representation provided by Finarte, including those contained in the catalog, in reports, comments or assessments concerning any character of a lot, such as authorship, authenticity, origin, attribution, origin, date, age, period, cultural origin or source, condition and completeness, quality, including the price or value, exclusively reflect opinions and can be reviewed by Finarte and, possibly, modified before the lot is offered for sale. Except for malice and gross negligence, Finarte and its employees, collaborators, administrators or consultants are not responsible for the errors or omissions contained in these representations. [ The lots are sold "as seen and liked", with the express exclusion of any guarantee for hidden defects and with any gap, defect, imperfection and error of description. All lots, including those that have - in whole or in part - an electrical or mechanical nature are to be considered solely on the basis of their artistic, decorative and / or collecting value and are not to be considered functional. The operation and safety of the lots that have, in whole or in part, an electrical or mechanical nature are not verified before the sale and are purchased by the Buyer at his own risk. Descriptions of catalogs and condition reports referred to above, are merely indicative and are carried out for the sole purpose of identifying the lot. The lack of explicit references in the catalogs and in the condition reports regarding the conditions of the lot does not imply that the lot is free of imperfections. Except in the case of willful misconduct or gross negligence, Finarte or its employees, collaborators, administrators or consultants will not be responsible for acts or omissions relating to the preparation or conduct of the auction or for any matter relating to the preparatory phase of the sale of the lots. Except in the case of willful misconduct or gross negligence, the possible liability of Finarte or its employees, collaborators, administrators or consultants towards the Buyer in relation to the purchase of a lot by the latter is limited to the Price and to the Purchase commission paid by the Buyer to Finarte. The descriptions of cars and motorcycles, also in relation to their history, their age, the model, the changes of ownership, the state of conservation and any restoration processes, technical features, internal and external components, including the number of the motor ( matching number or not) and of the chassis of the car - present in the catalog and / or condition reportare provided for guidance to the potential Purchaser by Finarte in good faith on the basis of the indications and information received from the Seller, but must not be considered exhaustive and / or verified. All cars and motor vehicles - together with the relevant documents that accompany them - must therefore be examined in an appropriate manner by the potential buyer in order to fully ascertain their status. The absence of an indication of a defect, a restoration or the presence of a non-original part does not imply that this defect, restoration or presence of a non-original part cannot exist; Descriptions of watches and precious stones, also in relation to the state of preservation and possible restorations, present in the catalog and / or in the condition reportare provided for guidance to the potential Purchaser by Finarte in good faith on the basis of the indications and information received from the Seller, but must not be considered exhaustive and / or verified. All watches and precious stones must therefore be adequately examined by the potential buyer in order to be able to fully ascertain their status. The absence of an indication of a defect, a restoration or the presence of a non-original part does not imply that this defect, restoration or presence of a non-original part cannot exist. In the case of wristwatches declared by the manufacturer as waterproof, their examination may have required their opening: Finarte therefore suggests that the Buyer, before using them in the presence of water, take them to an authorized center to check the estate. The organic material straps that may be present are associated with the cash desks in the presale phase for purely presentation purposes: potential buyers are aware that the importation into foreign countries of materials coming from species in danger of extinction, such as, by way of example , tortoise and ivory, is subject to the international CITES legislation. The potential Purchaser will therefore have to inform itself adequately at a preliminary stage regarding these restrictions, if it intends to participate in the auction for a lot that contains, even only in part, materials of this type. Potential Buyers are aware that the importation into foreign countries of materials coming from endangered species, such as, by way of example, turtle and ivory, is subject to the international CITES legislation. The potential Purchaser will therefore have to inform itself adequately at a preliminary stage regarding these restrictions, if it intends to participate in the auction for a lot that contains, even only in part, materials of this type. Potential Buyers are aware that the importation into foreign countries of materials coming from endangered species, such as, by way of example, turtle and ivory, is subject to the international CITES legislation. The potential Purchaser will therefore have to inform itself adequately at a preliminary stage regarding these restrictions, if it intends to participate in the auction for a lot that contains, even only in part, materials of this type.