What happens if nobody attends to purchase jewelry or gold or silver ingots or ornaments or precious stones or items that have been valued by an expert's report and the Creditor does not accept satisfaction of their debt in specie at such value?
If nobody attends to purchase the mentioned items and the Creditor does not accept satisfaction of their debt at the assessed value, the time for sale will be extended to the following day (if not a holiday) or to the first working day after the holiday. If there is still no purchaser at the assessed value, the sale will be deferred to another day and there will be a fresh affixation or publication. The Execution Bailiff will then present the matter to the competent Judge, who will order the auction to be awarded at a price deemed appropriate, even if it is on a later date.