BCSM Blog

Auction Sale of Movable Assets

Written by BCSM | 30 Mar 2021

The Central Bank of the Republic of San Marino’s Collection Department wishes to inform that a second auction session will be held on Monday, May 10, 2021, for movable assets that remained unsold in the first auction session on May 3, 2021. The starting price for this session will be set at 70% of the original starting price from the first auction session. Furthermore, a third auction session will be held on Monday, May 17, 2021, for assets that remained unsold in the previous two sessions, with a starting price of 40% of the original starting price from the first auction.

The assets are available for viewing at the Central Bank of the Republic of San Marino’s warehouse located at Strada Borrana No. 32, Serravalle (Republic of San Marino), until May 14, 2021. Visits will be arranged in compliance with health and safety regulations to prevent gatherings and mitigate the spread of Covid-19.

Bids, to be submitted in sealed envelopes, must be submitted to the Collection Department by 12:00 PM on the days of the respective auction sessions.

For further details on the assets for sale and participation procedures, please refer to the "Movable Asset  Auctions" section.