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Trichy: Gold and silver jewellery are set to go under the hammer in a major MSTC e-auction in Trichy on August 6, 2026. The auction has been organised by the Competent Authority, EOW, Central Zone, following an order of the Hon'ble Special Court for TNPID Cases, Madurai, in O.A. No. 19/2026.
The auction catalogue features two lots — one containing attached gold ornaments and another containing attached silver ornaments. The combined starting value of the two lots is over Rs 1.83 crore.
The gold ornaments lot has a starting price of Rs 1,63,46,930, while the silver ornaments lot has a starting price of Rs 19,86,658.
The MSTC auction will be conducted online on August 6, 2026, from 12 noon to 4 pm.
Auction Notice
| Particular | Details |
|---|---|
| Auction Number | MSTC/SRO/Competent Authority, EOW, Central Zone/1/Mannar Puram, Trichy/26-27/20963 |
| Auction Type | O-General Auction |
| Catalogue View Date | July 17, 2026 |
| Inspection Date | July 31, 2026 |
| Inspection Time | 11 AM to 4 PM |
| Auction Start | August 6, 2026, 12 PM |
| Auction Close | August 6, 2026, 4 PM |
| Number of Lots | 2 |
| Auction Location | Abdul Salam Street, No. 20, Mannar Puram, Trichy, Tamil Nadu |
| Minimum Bid Increment | Rs 5,000 |
| Auction Extension | 8 minutes |
| Basis of Sale | As is where is, As is what is, No Complaint and Caveat Emptor |
| Inspection | With prior permission from seller |
| GST | As applicable |
| Bid Valid Till | September 5, 2026 |
Lot No. 1 comprises attached gold ornaments listed in the auction annexure. The lot is classified under Metal - Gold and will be sold as a single lot.
The starting price is Rs 1,63,46,930, with a pre-bid EMD of Rs 16,34,693. The post-bid EMD requirement is 25% and the minimum bid increment has been fixed at Rs 5,000.
The successful bidder will also have to pay an additional 3% transaction fee plus applicable GST to MSTC over and above the sale value.
The auction catalogue indicates that the gold ornaments include a wide range of jewellery items such as gold earrings, jimmikkis, hanging earrings, studs, drops, rings, thali beads, Lakshmi and mango coins, harams, necklaces, bangles, chains, nose pins, gold coins and other individual ornaments.
The annexure gives the total gold jewellery weight as approximately 1,558.270 grams.
The gold jewellery is listed across multiple trays containing different types of ornaments: Gold Notice
| Tray | Jewellery Details | Items | Approx. Weight |
|---|---|---|---|
| Tray 1 | Gold Earrings, Jimmikkis & Hanging Earrings | 15 | 44.300 g |
| Tray 2 | Gold Earrings, Jimmikkis & Drops | 15 | 31.150 g |
| Tray 3 | Gold Jimmikkis, Studs & Hanging Earrings | 15 | 28.290 g |
| Tray 4 | Gold Studs & Jimmikkis | 15 | 28.200 g |
| Tray 5 | Gold Jimmikkis, Studs & Drops | 15 | 38.250 g |
| Tray 6 | Gold Stud-Jimmikkis & Drops | 15 | 33.600 g |
| Tray 7 | Gold Studs, Jimmikkis & Drops | 15 | 33.130 g |
| Tray 8 | Gold Drops, Jimmikkis & Studs | 15 | 39.000 g |
| Tray 9 | Gold Drops & Studs | 15 | 44.800 g |
| Tray 10 | Gold Studs, Drops & Jimmikkis | 15 | 43.300 g |
| Tray 11 | Gold Studs & Jimmikkis | 15 | 40.100 g |
| Tray 12 | Gold Studs Set | 8 | 16.470 g |
| Tray 13 | Gold Nose Pins / Stone Nose Pins | 23 | 4.700 g |
| Tray 14 | Stone-studded Ear Studs | 5 pairs | 2.790 g |
| Tray 15 | Gold TV Rings | 24 | 47.400 g |
| Tray 16 | Stone-studded Ladies Gold Rings | 16 | 28.800 g |
| Tray 17 | Ladies Gold Rings & Stone Rings | 24 | 33.750 g |
| Tray 18 | Ladies Gold, Navaratna & Hessonite Rings | 24 | 32.150 g |
| Tray 19 | Gold Thali Beads, Lakshmi & Mango Coins | 30 | 43.600 g |
| Tray 20 | Gold Studs, Jimmikkis, Rings & Dollars | 12 | 29.320 g |
The annexure also lists individual and loose jewellery items, including gold harams, Kerala-model mango dollar necklaces, gold bangles, rings, Jesus dollars, heart dollars, antique necklaces, mango malas, gold chains, baby bangles, hand chains, back chains, amulets, gold coins, hooks, stud pairs, nose pins, earrings and diamond items.
Other listed items include stone-studded gold jimmikkis, colour-stone gold earrings, white-stone gold earrings, pearl gold earrings and broken hanging gold earrings.
Lot No. 2 consists of attached silver ornaments listed in the auction annexure. - Silver Ornament Notice
The starting price is Rs 19,86,658, while the pre-bid EMD is Rs 1,98,665. The minimum bid increment is Rs 5,000, and the post-bid EMD requirement is 25%.
The silver lot includes a large variety of silver antique necklaces, chains, dollars, bangles, thodus, rings, bracelets, anklets, mettis, spoons, pooja articles, lamps, idols, vessels and old silver items.
The annexure mentions a total silver quantity of approximately 15 kg 332 grams, although bidders should verify the exact weight and item-wise details from the official auction annexure before bidding.
The catalogue includes silver antique necklaces of various weights, along with silver antique chains and silver antique dollars.
Other listed categories include:
The catalogue also lists several religious and household silver articles, including silver Panchapatra and spoon sets, Lakshmi lamps, a small cow-and-calf idol, swan lamps, Mahalakshmi hand lamps, lotus hand lamps, sandalwood containers, bowls, tumblers and Kamakshi lamps.
The silver inventory also includes old silver plates, silver anklets, waist chains, rings and assorted silver components.
Prospective bidders can inspect the auction materials on July 31, 2026, between 11 AM and 4 PM.
The inspection will be conducted at:
Abdul Salam Street, No. 20, Mannar Puram, Trichy-620020, Tamil Nadu.
The inspection is available only with prior permission from the seller. Interested bidders should contact the seller in advance to arrange the inspection.
According to the auction terms, the successful bidder must deposit the post-bid EMD within seven days from the date of acceptance of the lot, unless otherwise specified in the catalogue.
The full payment or balance payment must be deposited within 14 days from the date of acceptance of the lot, unless otherwise specified.
A late payment penalty of 1% per week plus applicable GST will be charged for delayed payment.
The successful bidder must take delivery of the material within 30 days from the issue of the Delivery Order, unless otherwise specified in the catalogue.
A ground rent charge of 1% per week plus applicable GST is also applicable as per the auction terms.
The auction will be conducted on an 'As is where is', 'As is what is', 'No Complaint' and 'Caveat Emptor' basis.
This means prospective bidders should carefully inspect the jewellery and other articles, verify the catalogue details and satisfy themselves regarding the quantity, quality, condition, weight and other relevant particulars before placing bids.
The auction is being conducted pursuant to the case order of the Hon'ble Special Court for TNPID Cases, Madurai, in O.A. No. 19/2026, C.N.R. No. TNMD1B000207-2026.
Interested buyers who meet the applicable MSTC e-auction registration and bidding requirements can participate in the auction. The catalogue states that no upload documents are required for this auction.
Bidders should carefully read the Auction Specific Terms and Conditions (ASTC) and the uploaded auction documents before participating.
The auction status shown in the catalogue is Not Activated as of the catalogue download time.
Seller: Competent Authority, EOW, Central Zone
Address: Abdul Salam Street, No. 20, Mannar Puram, Trichy-620020, Tamil Nadu
Seller Contact: Mrs Sugandhi
Phone: 9498158386
Email: [email protected]
K Anuraag
Phone: 9177067332
Email: [email protected]
Jonah Pandian
Phone: 8148506037
Email: [email protected]
MSTC Helpdesk: 07969066600
Email: [email protected]
Interested bidders should first review the complete MSTC auction catalogue and annexures for both lots. The gold and silver ornaments are offered as separate lots, and bidders should check the respective starting price and EMD requirements before bidding.
Prospective buyers should also make use of the July 31 inspection opportunity with prior permission from the seller. Since the auction is conducted on an as-is basis, physical inspection and verification of the jewellery and silver articles are important before submitting a bid.
The gold ornaments lot starts at Rs 1.63 crore, while the silver ornaments lot starts at Rs 19.86 lakh. The auction will be held online through the MSTC platform on August 6, 2026.
Disclaimer: The auction details, weights, quantities, starting prices, EMD and terms have been extracted from the provided MSTC auction catalogue and annexure information. Bidders should verify the latest official MSTC catalogue, auction terms and annexures before participating. The listed jewellery weights are catalogue figures and should not be treated as a guarantee of purity, fineness or market value.
