USE HIGH-QUALITY ART, SCULPTURES, ANTIQUES AND COLLECTIONS AS COLLATERAL.
The Dorotheum boasts more than 300 years of experience and reliable service. We appraise your values and offer quick finance. If you would like to use your high-quality art and luxury items as a financial investment or a store of value, we offer you a service that virtually no conventional bank is able to provide.
We offer loans against high-quality art, including paintings and photographs, sculptures, antiques and collections. Works of art range from the Old Masters to 19th century paintings and Classic Modern and Contemporary Art. Antiques include classic antiques, Jugendstil objects and modern design.
Wealthy collectors, galleries, art dealers, artists or owners of expensive paintings who don't want to sell their items can raise extra, short-term liquidity by using their luxury items as collateral for an immediate secured loan. The loan amounts range from EUR 5,000 to EUR 500,000 and are an easy and safe way to manage a tight financial situation for a short period of time.
Please provide us with all the information available to you about the object.
We regret that we are unable to handle enquiries without photos.
Money fast with minimal paperwork!
There's no quicker and easier way to raise cash. Bring your valuable item to us as collateral. Our experts will value it and you will be paid the secured loan amount immediately, in cash if you wish or by bank transfer. You get the money quickly and discretely. We don't ask you why you need it. You don't need any guarantees and don't have to provide any bank account details. You have no debts, because the item you pledge serves as the sole collateral for your secured loan, not you. With the money, you are given a "pawn ticket", which is a negotiable instrument and guarantees that your collateral is securely stored until you collect it.
The staff of Dorotheum Pawnbrokers will be happy to advise you whether an item is suitable as collateral for a secured loan.
tel: 01/515 60 DID 341
A pawn ticket is a negotiable instrument, showing the duration, loan amount and information about the valuable item accepted. Pawn tickets are issued anonymously, i.e. not made out to a particular name. The Dorotheum can hand over the item concerned to any person who presents a pawn ticket, once the fees due have been paid, so it is in the interests of every borrower to keep the pawn ticket in a safe place.
You decide the duration - up to three months plus a two-month grace period. You have the option to renew the duration or redeem the pledge. If you do not wish to do this, we start taking steps to sell the item.
Your valuable items will be handed over to you immediately on presentation of the original pawn ticket and full payment of the loan including interest and charges.
The costs depend on the duration you choose. They are broken down into interest (0.5% per half-month) and charges (0.75% per half-month for safekeeping and insurance) and a pawn ticket fee (=processing fee) which is deducted from the loan. A small storage fee is charged quarterly in arrears for safekeeping, which depends on the size of the objects.
Example: two-month duration
|Processing fee:||EUR 8.70|
After two months, for an amount of EUR 10,000, you pay just EUR 500 in interest and charges.
Special conditions are possible by agreement.
Pledges that are not redeemed will be sold at the best price, following a grace period, to cover the loan. Once the item has been successfully sold, we will provide you with a final statement on request. If a surplus is achieved on the sale or auction, you can withdraw this in cash using the original pawn ticket. Any losses, however, will be borne by the Dorotheum and will mean that no additional payment can be made to the person presenting the ticket.
A pawn ticket is an anonymous, negotiable instrument entitling any person who presents it to redeem the goods. For this reason, it is absolutely vital that you keep the pawn ticket in a safe place. If, however, you do lose a pawn ticket, please contact your pawnbroking branch, quoting the pawn ticket number. You can then arrange for the pledged item to be blocked by making an official notification of loss.