Casino 2000 5, rue Théodore Flammang L-5618 Mondorf-les-Bains Luxembourg
The Bureau de gestion des avoirs (BGA), acting as the State's representative for the management and sale of seized or confiscated assets, is organizing a public auction. This time, 202 luxury watches, confiscated in cases of money laundering, will be up for sale. The event will take place on Saturday, March 29, 2025, at 2:00 PM at Casino 2000 in Mondorf-les-Bains. Those wishing to participate in the auction in person must register in advance via the following link: www.lux-auction.com. The auction will also be accessible online or by phone, subject to prior registration. All details are available on the mentioned website.
A complete catalog of the items for sale, as well as a dedicated website, can be accessed via the link www.lux-auction.com. Interested parties can examine the watches on-site on March 25, 26, 27, and 28, 2025, at specific times, after online registration. On the day of the auction, only photos of the watches will be presented.
To ensure a fair, transparent, and secure sale, the BGA has entrusted the organization of this event to a bailiff assisted by an auctioneer. The funds raised will be entirely allocated to the Fund for Combating Certain Forms of Crime. This initiative aligns with the government policy that "crime does not pay" and highlights Luxembourg's commitment to using confiscated assets to effectively combat crime by supporting relevant projects and programs.
By converting assets from illegal activities into resources for crime prevention, the BGA reaffirms its commitment to a fairer and safer society.
Those interested in the auction and seeking further information are invited to visit www.lux-auction.com.
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How to Participate and Bid?
Private Viewing for Watch Presentation
The watch presentation will take place in the exclusive setting of Casino 2000 "Atrium" in Mondorf-les-Bains from March 25 – 28, 2025. Please note that no watches will be shown on the auction day, Saturday, March 29, 2025. This presentation is strictly private, and access is exclusively reserved for those who have booked an appointment in advance on the dedicated auction website, www.lux-auction.com.
To confirm your time slot reservation for your private viewing (max. 15 minutes), you will be required to provide the following information:
- Full Name
- Complete Address
- Email Address and Phone Number
- Copy of your ID or Passport
- List of watches (by lot number) you wish to see
- Preferred appointment time
Appointments, lasting 15 minutes, are available at the following times:
- Tuesday, March 25, 2025, from 2:00 PM to 5:15 PM
- Wednesday, March 26, 2025, from 9:30 AM to 12:15 PM and from 1:00 PM to 5:15 PM
- Thursday, March 27, 2025, from 9:30 AM to 12:15 PM and from 1:00 PM to 5:15 PM
- Friday, March 28, 2025, from 9:30 AM to 12:15 PM and from 1:00 PM to 4:00 PM
This is a private visit, and for security reasons, only the selected watches will be shown to you.
Bidding in Person at the Public Auction
Entry to the auction hall at Casino 2000 "Chapito" is free, but prior registration is required to place a bid.
You can register online at www.lux-auction.com or directly with a member of our team until Friday, March 28, 2025, before 4:00 PM.
To validate your registration, you must provide the following information in advance:
- Full Name
- Complete Address
- Email Address and Phone Number
- Copy of your ID or Passport
Upon arrival at the auction hall, you will be assigned and given a paddle number, which must be presented if you wish to place a bid.
IMPORTANT: No watches will be displayed on Saturday, March 29, 2025.
Bidding by Phone or Submitting a Purchase Order
If you cannot attend the auction in person, Lux-Auction offers you the possibility of delegating your bids to our team or reserving a telephone line to transmit your bids live to the auctioneer for the desired lots.
To delegate your bids or reserve a telephone line, you must submit a duly completed bidding form (available on our website www.lux-auction.com or at the end of this catalog) along with a copy of your ID or Passport before Friday, March 28, 2025, at 4:00 PM.
Please note that your request will only be considered confirmed upon receipt of written confirmation from Lux-Auction. Lux-Auction declines all responsibility for potential errors, technical failures, or unanswered calls during the auction. Therefore, ensure that you are reachable by phone during the auction.
Bidding Live Online
If you cannot attend the auction in person, you can also bid live via the Lux-Auction Live platform on our website. Registration can be completed on the auction website’s homepage (www.lux-auction.com) before Friday, March 28, 2025, at 4:00 PM. A live bidding fee of 2% will be applied to any winning bid placed via our Live platform.
To validate your registration, you must provide the following information in advance:
- Full Name
- Complete Address
- Email Address and Phone Number
- Copy of your ID or Passport
We also offer the possibility of bidding via the Drouot Live platform, but this option requires prior validation by Lux-Auction. A live bidding fee of 3% will be applied to any winning bid placed via Drouot Live.
Auction Fees and Payment Terms
A buyer’s premium of 25% (including VAT) will be added to the final hammer price.
Regarding payment of your purchase invoice, the following options are available:
- Bank Transfer: Instructions for the transfer will be provided on the invoice.
- Credit Card: Card payments are only accepted on-site upon collection of the watches.
How to Collect Your Purchased Watch(es)?
No watch can be collected before full payment has been received. Please note that no watches can be collected immediately after the auction on Saturday, March 29, 2025.
Watches can be collected by scheduling an appointment via our website’s homepage (www.lux-auction.com). Purchased watches will be stored in a secure vault.
No storage fees will be charged for up to two months after the auction date. After this period, a storage fee of €10 (including VAT) per calendar day will apply. These fees must be paid before collecting the purchased watch(es), upon presentation of the paid invoice.
