WILL RESULT IN THE
REVOCATION OF THE AWARD AND THE CHARGING OF ALL CHARGES. NON-
PAYMENT WITHIN THE AGREED TERMS WILL RESULT IN THE REVOCATION OF THE
AWARD VERONIK WATCHES IS IN ANY CASE FOR THE COLLECTION (EVEN
FORCED) OF A PENALTY EQUAL TO THE AMOUNT OF THE AWARD RIGHTS AS
COMPENSATION FOR THE EXPENSES INCURRED FOR THE AUCTION. A PENALTY
WILL BE PAID TO VERONIK WATCHES EQUAL TO THE AMOUNT OF THE AWARD
RIGHTS AS COMPENSATION FOR THE EXPENSES INCURRED FOR THE AUCTION.
(EVEN IN A STRICT WAY) VERONIK WATCHES RESERVES THE RIGHT TO
WITHDRAW FROM THE AUCTION OR WITHDRAW THE AWARD OF ANY LOT IF THE
BIDS MADE IN THE AUCTION DO NOT REACH THE RESERVE PRICE AGREED WITH
THE SELLER. VERONIK WATCHES RESERVES THE RIGHT TO VALIDATE THE
AWARD ON THE BASIS OF THE ACTUAL CORRESPONDENCE AND / OR INTEGRITY
OF THE ITEM AT AUCTION IN ORDER TO PROTECT THE BIDDERS. Neither VERONIK
WATCHES, nor its directors and employees will be responsible for acts or omissions
relating to the preparation or conduct of the auction or for any matter relating to the sale of
the work. VERONIK WATCHES does not issue certification relating to the gems sold, but
offers already certified products at auction or with the indications provided by the
proponents of the products to be auctioned. The various types of certification (GIA, IGI,
AIG, SGL, and possibly others) are opinions of prestigious internationally recognized and
authorized gemological institutes. VERONIK WATCHES, as an intermediary, does not
assume any responsibility for these assessments by the institutes issuing the certificates
or for the information provided by the proposers of the products. VERONIK WATCHES
reserves the right to extend the auction at the request of the contractor without prior notice.
2. AUCTION FEES The successful bidder will pay VERONIK WATCHES an auction
commission for each lot specified in the single auction. On the aforementioned
commissions VERONIK WATCHES will apply the margin regime. In others, VAT is applied
to lots delivered by Sellers subject to VAT who will be subject, in addition to the VAT
calculated on the auction commission, also to VAT on the hammer price.
3.PARTICIPATION IN THE AUCTION Before each Auction, all participants are required,
for the validity of any award, to fill out a participation form from the Liveauctioneers portal
with their personal data. It should be noted that, in any case, VERONIK WATCHES
reserves the right not to accept offers.
4. DESCRIPTION OF THE LOTS VERONIK WATCHES acts as an agent of the Sellers
and declines all responsibility for the description of the objects. After the award, neither
VERONIK WATCHES nor Sellers can be held responsible for defects relating to the state
of conservation, for the incorrect attribution, authenticity, origin, weight or lack of quality of
the objects. Neither VERONIK WATCHES nor its staff will be able to issue any guarantee
to this effect, except in the cases provided for by law. The consumer is informed about the
rights he owns pursuant to art. 130 of the Consumer Code (in particular with regard to the
consumer's right to restore, without charge, the conformity of the goods and the duration of
the guarantee) that there is no lack of conformity if, at the time of purchase, the buyer was
aware of the defect or could not ignore it with ordinary diligence.
5. PAYMENT OF THE PRICE The total payment of the hammer price including charges
may be immediately demanded by VERONIK WATCHES, in any case it must be made in
full, in Euros, within four days of the award. The payment and collection of the lots must be
made as specified on the proforma invoice page sent at the end of the auction. Failing
VERONIK WATCHES, without prejudice to compensation for greater damages, may:
proceed with the compulsory execution of the obligations arising from the purchase;
dispose of the lot by private negotiation or in a subsequent Auction to the detriment of the
Awardee, withholding any advances received as a penalty. The object will be kept by
VERONIK WATCHES at the risk and expense of the Successful bidder until it is sold as
above or returned to the Seller at the request of the same. In any case, up to the date of
return or sale, the successful bidder will be required to pay VERONIK WATCHES a penalty
equal to the interest, calculated on the hammer price plus auction fees, at the interbank
rate in force plus two points; the interest thus calculated will be applied to the amounts due
from the eighth day following the date of the award.
6. COLLECTION OF LOTS The successful bidder, having paid the hammer price and the
auction fees, will have to collect the purchased lots at their own risk and expense no
earlier than 5 working days from payment. After this deadline, VERONIK WATCHES will
be exonerated from any responsibility towards the successful bidder in relation to the
custody, any deterioration of the objects and will have the right to transfer the uncollected
lots at the expense and risk of the purchaser to its offices or public warehouses or private.
Upon express request, VERONIK WATCHES may organize the transport and insurance of
the lot at the expense and risk of the successful bidder.
7.EXCEPTIONS Notwithstanding any provision to the contrary contained herein,
VERONIK WATCHES reserves the right to agree with the successful bidders special forms
of payment, to deposit in public / private warehouse or privately sell the lots awarded and
not withdrawn, to insure the lots awarded, to resolve disputes and disputes. carried out by
or against the successful bidders and in general to undertake any action deemed
appropriate in order to collect sums due from the successful bidder and also, depending
on the circumstances, to cancel the sale.
8 BATCH INFORMATION The goods are sold in their current state. Offers "at best" or
"subject to inspection" are not accepted. The department responsible for the Auction will
be happy to provide information reports upon request that represent only the opinion of our
experts and may be subject to any revisions. All information on metal punches, carat
weight, quality and weight of gold, diamonds and colored precious stones are to be
considered purely indicative and approximate, VERONIK WATCHES cannot be held
responsible for any errors contained in the aforementioned information and for the artful
falsifications of precious objects. Some weights in the catalog were determined by
measurements. These data should be considered only a rough indication and should not
be acquired as accurate. VERONIK WATCHES does not guarantee any certificates
attached to the precious items performed by independent gemological laboratories, nor the
authenticity of the gems sealed in blisters of which VERONIK WATCHES only verifies the
external integrity of the seal, even if references of such tests may be cited for information
purposes only. the successful bidders.
9. ANY THIRD PARTY CLAIMS ON THE LOTS In addition to any other obligation or right
provided for in these Conditions of Sale, VERONIK WATCHES in the event that it has
been informed or becomes aware of any claim or right of third parties relating to the
ownership, possession or possession of the Lot may, at its discretion , hold the Lot in
custody pending settlement of the dispute or for the entire period reasonably deemed
necessary for such settlement.
10. ANTI-MONEY LAUNDERING The customer acknowledges and accepts, pursuant to
and for the purposes of art. 22 Legislative Decree n. (Anti-Money Laundering Decree), to
provide all the necessary and updated information to allow VERONIK WATCHES to fulfill
its customer due diligence obligations. It is understood that the completion of the
transaction is subject to the release by the Customer of the information requested by
VERONIK WATCHES for the fulfillment of the aforementioned obligations. Pursuant to art.
42 Legislative Decree n. 231/07, VERONIK WATCHES reserves the right to refrain and not
conclude the transaction in the event of it being objectively impossible to carry out
customer due diligence.
11. APPLICABLE LAW This contract is regulated by the Italian law.
12. DISPUTES These Conditions of Sale are automatically accepted by those who
compete for the Auction and are available to any interested party who requests them. The
jurisdiction of the Court of FERRARA is established for any possible controversy. It should
be noted that the clause of derogation from the consumer's forum has been the subject of
specific individual negotiations and the contractor declares to accept its content., which
acts as an exclusive agent, in the name and on behalf of each Seller, The effects of the
sale affect the seller and VERONIK WATCHES does not assume towards the Assignee
and third parties in kind other responsibility besides that deriving from the quality of agent.
The objects are awarded to the highest bidder. In submitting his bid, the bidder assumes
personal responsibility for paying the hammer price including auction fees, any tax due
OFFER IS NOT WITHDRAWABLE NON-PAYMENT IN THE AGREED TERMS OR
RENUNCIATION WILL RESULT IN THE REVOCATION OF THE AWARD AND THE
CHARGING OF ALL CHARGES. NON-PAYMENT WITHIN THE AGREED TERMS WILL
RESULT IN THE REVOCATION OF THE AWARD VERONIK WATCHES IS IN ANY CASE
FOR THE COLLECTION (EVEN FORCED) OF A PENALTY EQUAL TO THE AMOUNT
OF THE AWARD RIGHTS AS COMPENSATION FOR THE EXPENSES INCURRED FOR
THE AUCTION. A PENALTY WILL BE PAID TO VERONIK WATCHES EQUAL TO THE
AMOUNT OF THE AWARD RIGHTS AS COMPENSATION FOR THE EXPENSES
INCURRED FOR THE AUCTION. (EVEN IN A STRICT WAY) VERONIK WATCHES
RESERVES THE RIGHT TO WITHDRAW FROM THE AUCTION OR WITHDRAW THE
AWARD OF ANY LOT IF THE BIDS MADE IN THE AUCTION DO NOT REACH THE
RESERVE PRICE AGREED WITH THE SELLER. VERONIK WATCHES RESERVES THE
RIGHT TO VALIDATE THE AWARD ON THE BASIS OF THE ACTUAL
CORRESPONDENCE AND / OR INTEGRITY OF THE ITEM AT AUCTION IN ORDER TO
PROTECT THE BIDDERS. Neither VERONIK WATCHES, nor its directors and employees
will be responsible for acts or omissions relating to the preparation or conduct of the
auction or for any matter relating to the sale of the work. VERONIK WATCHES does not
issue certification relating to the gems sold, but offers already certified products at auction
or with the indications provided by the proponents of the products to be auctioned. The
various types of certification (GIA, IGI, AIG, SGL, and possibly others) are opinions of
prestigious internationally recognized and authorized gemological institutes. VERONIK
WATCHES, as an intermediary, does not assume any responsibility for these assessments
by the institutes issuing the certificates or for the information provided by the proposers of
the products. VERONIK WATCHES reserves the right to extend the auction at the request
of the contractor without prior notice. 2. AUCTION FEES The successful bidder will pay
VERONIK WATCHES an auction commission for each lot specified in the single auction.
On the aforementioned commissions VERONIK WATCHES will apply the margin regime.
In others, VAT is applied to lots delivered by Sellers subject to VAT who will be subject, in
addition to the VAT calculated on the auction commission, also to VAT on the hammer
price. 3.PARTICIPATION IN THE AUCTION Before each Auction, all participants are
required, for the validity of any award, to fill out a participation form from the
Liveauctioneers portal with their personal data. It should be noted that, in any case,
VERONIK WATCHES reserves the right not to accept offers. 4. DESCRIPTION OF THE
LOTS VERONIK WATCHES acts as an agent of the Sellers and declines all responsibility
for the description of the objects. After the award, neither VERONIK WATCHES nor Sellers
can be held responsible for defects relating to the state of conservation, for the incorrect
attribution, authenticity, origin, weight or lack of quality of the objects. Neither VERONIK
WATCHES nor its staff will be able to issue any guarantee to this effect, except in the
cases provided for by law. The consumer is informed about the rights he owns pursuant to
art. 130 of the Consumer Code (in particular with regard to the consumer's right to restore,
without charge, the conformity of the goods and the duration of the guarantee) that there is
no lack of conformity if, at the time of purchase, the buyer was aware of the defect or could
not ignore it with ordinary diligence.
