Introduction to Judicial Auctions

Let's begin exploring the main types of auctions for movable assets.

A judicial auction is a legal procedure through which goods are sold to the highest bidder, aiming to generate liquidity for creditors.

Through judicial auctions, various types of assets can be sold and purchased. Let’s discover them together in the following section.

What assets are sold at judicial auctions?

From industrial machinery to auctioned cars, from trademarks and patents to boats—let’s take a closer look at how auctioned assets are classified!

Movable assets: This category includes items such as furniture and furnishings, jewelry, equipment, musical instruments, and artworks. From a commercial perspective, movable assets are often the focus of online auctions, as they can be easily transported and traded, making them particularly suitable for the global market.
Registered movable assets: These are movable goods that must be registered in specific public records by law. Examples include motor vehicles registered with the PRA, boats listed in the registers specified by the Navigation Code, and aircraft registered with ENAC.
Intangible assets: These are non-tangible resources that can be protected by specific rights, such as copyright, intellectual property, patents, and registered trademarks. Examples of intangible assets also include software and digital applications.

On Gobid.it, you can find various types of auctions that you can participate in:

Online auction: A time-limited auction during which users can register, pay deposits, and place bids.
Asynchronous auction (DM 32/2015): A "vendita senza incanto" (sale without auctioneer) that features an offer collection period, followed by an open phase accessible only to those who placed offers in the previous stage.

Some useful tips and information:

Manage your budget with Proxy Bid: If you have a maximum spending limit, you can use the Proxy Bid feature to automate your bids. We’ll explore this function further in upcoming articles in the "ABC Auctions" series.
What is the Complete Lot? It represents the total block of all lots put up for sale in the same auction.
What are Combinations? Combinations are sets of lots sold as a group, with a single starting price, and cannot be purchased individually.

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