📝 Description
An auction is being held for the sale of movable property not classified as real estate: 77.839 kg of various amber raw materials and finished products. The starting price is set at 14316 EUR. The goods are sold in total mass, and amber is not sold in parts.
The purchase follows the procedure established for enforcing court decisions. Therefore, as stated in Article 6.333(8) of the Civil Code, the seller does not guarantee the quality of the goods, except where defects were known. The purchased items cannot be returned, and no warranty applies.
Auction participants must inspect the amber on-site, as its condition is assessed based on the inspection. The composition includes fragments of various sizes and weights: from small fractions (approx. 0.04 g/piece, 0.4-0.6 cm/piece) to larger pieces (in the lower raw material fraction, 3.5 kg consists of 4.5-7.0 g/piece, while larger pieces can weigh up to 98-153 g/piece). Finished amber products and semi-finished goods are also sold (polished beads, strung on thread).
Please note that the auction winner must have a valid Economic Activity Operator Registration and Identification (EORI) code. The guarantee deposit paid upon registration will be deducted from the final price. Any difference in purchase prices must be paid within 5 working days after the auction ends according to the invoice provided by Customs. Goods must be collected and transfer agreements signed within 3 working days from payment.
The total mass of the amber being sold is 77.839 kg. The purchase may be attractive for buyers assessing the acquisition of natural raw materials with the possibility of processing or refining finished products.
The purchase follows the procedure established for enforcing court decisions. Therefore, as stated in Article 6.333(8) of the Civil Code, the seller does not guarantee the quality of the goods, except where defects were known. The purchased items cannot be returned, and no warranty applies.
Auction participants must inspect the amber on-site, as its condition is assessed based on the inspection. The composition includes fragments of various sizes and weights: from small fractions (approx. 0.04 g/piece, 0.4-0.6 cm/piece) to larger pieces (in the lower raw material fraction, 3.5 kg consists of 4.5-7.0 g/piece, while larger pieces can weigh up to 98-153 g/piece). Finished amber products and semi-finished goods are also sold (polished beads, strung on thread).
Please note that the auction winner must have a valid Economic Activity Operator Registration and Identification (EORI) code. The guarantee deposit paid upon registration will be deducted from the final price. Any difference in purchase prices must be paid within 5 working days after the auction ends according to the invoice provided by Customs. Goods must be collected and transfer agreements signed within 3 working days from payment.
The total mass of the amber being sold is 77.839 kg. The purchase may be attractive for buyers assessing the acquisition of natural raw materials with the possibility of processing or refining finished products.
❓ Frequently asked questions
What is the total mass of the amber raw material and the starting price?
The entire quantity of 77.839 kg of amber (not divisible into parts) is being sold with a starting price of 14316 EUR.
When will the amber inspection take place in Panevėžys?
The inspection will be held on March 18, 2025 at 10:00 at Ramygalos g. 151, Panevėžys.
When does the auction end and how long does registration last?
The auction starts on 2025-03-26 09:00:00 and ends on 2025-03-27 13:59:59. Registration is open from 2025-03-19 00:00:00 until 2025-03-21 23:59:59.
What fees must be paid to participate in the auction?
A non-refundable registration fee of 15 EUR and a guarantee deposit of 3000 EUR are required.
What are the warranty terms for purchasing amber and what conditions must the winner meet?
No warranty is provided for the goods; the buyer cannot rely on quality (except if the seller knew of defects). The winner must have an EORI code and settle final payments within 5 working days.
What are the minimum mass and size specifications for the raw material pieces mentioned?
Amber raw material piece masses range from approx. 0.04 g/piece to larger pieces up to 98-153 g/piece.