Several different federal agencies hold government auctions. The General Services Administration is the granddaddy of them all, because it sells on behalf of other departments. When a federal agency no longer needs something — say, a pickup truck — it reports the truck to GSA, which first offers it to other federal agencies and then to state and local governments or nonprofits. If nobody claims the truck, then the GSA auctions it off to the public, and you get your chance at it.  

The money raised from the sale of ex-Police Cars goes back to the police forces selling them. After the auctioneer fee and decommissioning costs it’s considered to be the most cost effective method open to the police when renewing their fleet. This is all good news for the consumer. If you’re willing to overlook some of the cosmetic scarring that can result from decommissioned Police vehicles then you can drive off having made a tidy saving. GAUK Auctions database lists every auctioneer where you can find police cars. 

When goods are seized, the importer received what is known as a Notice of Seizure. This document lists the items that have been seized by customs, as well as details regarding who to contact about the seized goods, and information on what to do after your items have been taken. If the items are seized in your presence, the reasoning behind why your items have been seized will be explained to you in person. Otherwise, the Notice of Seizure will be sent to you.

PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED.  THIS IS AN INTERNET-ONLY AUCTION!  AUCTION CLOSING DATE: Tuesday, March 19th, beginning at 11:07 am Bidding closes on the first item at 11:07 am, then closes at the rate discussed in these Terms and Conditions of Sale.  INSPECT: Thursday, March 14th, 10 am - 2   [ View Full Listing ]
The Auction Catalog has been prepared as a guide, and should be used as a guide only. Although the descriptions are believed to be correct its accuracy cannot be guaranteed or warranted. The Bidder acknowledges that all auction items are available for inspection prior to the auction and it is the Bidders responsibility to have inspected the item before bidding. No sale shall be invalidated; nor shall auctioneers be liable as a result of defects or inaccuracies of any lot.
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. The open ascending price auction is arguably the most common form of auction in use today.[1] Participants bid openly against one another, with each subsequent bid required to be higher than the previous bid.[2] An auctioneer may announce prices, bidders may call out their bids themselves (or have a proxy call out a bid on their behalf), or bids may be submitted electronically with the highest current bid publicly displayed.[2] In a Dutch auction, the auctioneer begins with a high asking price for some quantity of like items; the price is lowered until a participant is willing to accept the auctioneer's price for some quantity of the goods in the lot or until the seller's reserve price is met.[2] While auctions are most associated in the public imagination with the sale of antiques, paintings, rare collectibles and expensive wines, auctions are also used for commodities, livestock, radio spectrum and used cars. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. 

Silent auction is a variant of the English auction in which bids are written on a sheet of paper. At the predetermined end of the auction, the highest listed bidder wins the item.[43] This auction is often used in charity events, with many items auctioned simultaneously and "closed" at a common finish time.[43][44] The auction is "silent" in that there is no auctioneer selling individual items,[43] the bidders writing their bids on a bidding sheet often left on a table near the item.[45] At charity auctions, bid sheets usually have a fixed starting amount, predetermined bid increments, and a "guaranteed bid" amount which works the same as a "buy now" amount. Other variations of this type of auction may include sealed bids.[43] The highest bidder pays the price he or she submitted.[43]
In this article, we will talk about seized goods and what they are. The seizure of goods occurs when a customs officer finds merchandise or goods that are not allowed to be imported. Items that have not been declared may also be seized if the customs officer sees fit to do so. An example of an item that is prohibited, and therefore fit to be seized, is a weapon such as a knife or a firearm. 

Each type of auction has its specific qualities such as pricing accuracy and time required for preparing and conducting the auction. The number of simultaneous bidders is of critical importance. Open bidding during an extended period of time with many bidders will result in a final bid that is very close to the true market value. Where there are few bidders and each bidder is allowed only one bid, time is saved, but the winning bid may not reflect the true market value with any degree of accuracy. Of special interest and importance during the actual auction is the time elapsed from the moment that the first bid is revealed to the moment that the final (winning) bid has become a binding agreement.

At Capital Auto Auction, we buy, sell and accept donations of used vehicles of various kinds. Whether it's for cars, boats or fleets of vehicles, we make it our goal to work out arrangements that satisfy both buyers and sellers. Our live auctions take place in four locations: Manchester, New Hampshire; Philadelphia, Pennsylvania; Temple Hills, Maryland; and Washington, DC. Our online auctions make it possible for you to bid on cars from your computer or smartphone. Also, in addition to hosting weekly auctions, we accept vehicles on consignments, doing all the advertising and networking to help you get a car sold.

The objective of this paper is to investigate the preferences of potential bidders in choosing between uniformand discriminatory auction pricing methods. Many financial assets, particularly government bonds, are issued in an auction. Uniform and discriminatory pricing constitute the two most popular mechanisms used in public auctions. Theoretical papers ave not been able to provide an unequivocal ... [Show full abstract]View full-text
The money raised from the sale of ex-Police Cars goes back to the police forces selling them. After the auctioneer fee and decommissioning costs it’s considered to be the most cost effective method open to the police when renewing their fleet. This is all good news for the consumer. If you’re willing to overlook some of the cosmetic scarring that can result from decommissioned Police vehicles then you can drive off having made a tidy saving. GAUK Auctions database lists every auctioneer where you can find police cars.
Many financial assets, especially government bonds, are issued by an auction. An important feature of the design is the auction pricing mechanism: uniform versus discriminatory. Theoretical papers do not provide a definite answer regarding the dominance of one type of auction over the other. We investigate the revealed preferences of the issuers by surveying the sovereign issuers that conduct auctions. We find that the majority of the issuers/countries in our sample use a discriminatory auction… CONTINUE READING
Due to the various governmental units that supply the vehicles for auction, there's no single reason for vehicles being brought to auction. Some of the vehicles are confiscated due to the former owner's involvement in drug dealing, smuggling, or fraud, while other vehicles were simply just abandoned. On exception, separate auctions will sometimes be held for very large seizures.
Federal government auctions. Federal government car sales were once handled by the agency that had the vehicles to auction. For example, the DEA auctioned off both fleet vehicles and cars that were been seized from drug dealers and other criminals. Fleet vehicles are the cars that DEA agents drive as company vehicles. There are numerous agencies that auction vehicles. Recently these vehicles and auctions have been consolidated under a single website. GovSales consolidates numerous government auctions under one roof. It is easy to search by product type as well as type of vehicle. It shows what state the vehicle is located in as well as any available information. Photos are sometimes available, but not always. It often provides links to other sites that have additional information
Many financial assets, especially government bonds, are issued by an auction. An important feature of the design is the auction pricing mechanism: uniform versus discriminatory. Theoretical papers do not provide a definite answer regarding the dominance of one type of auction over the other. We investigate the revealed preferences of the issuers by surveying the sovereign issuers that conduct auctions. We find that the majority of the issuers/countries in our sample use a discriminatory auction… CONTINUE READING
Vickrey auction, also known as a sealed-bid second-price auction.[24] This is identical to the sealed first-price auction except that the winning bidder pays the second-highest bid rather than his or her own.[25] Vickrey auctions are extremely important in auction theory, and commonly used in automated contexts such as real-time bidding for online advertising, but rarely in non-automated contexts.[2]
Many financial assets, especially government bonds, are issued by an auction mechanism. An important feature of the design is the auction pricing mechanism: Uniform vs. Discriminatory. Theoretical papers do not provide a definite answer regarding the preference of one mechanism over the other. Experimental papers investigated the issue under an exogenous equal number of bidders. We investigate ... [Show full abstract]View full-text
DATE COUNTRY AUCTION DETAILS 19-Mar Japan 1-year discount bill auction 19-Mar Japan Auction of 20-year government bonds 20-Mar Germany Auction of 5-year Federal notes 20-Mar Portugal Auction of Treasury bills 21-Mar Sweden Auction of inflation-linked government bonds 21-Mar France Index-linked Securities auction 21-Mar Spain Bond Auction 22-Mar Japan 3-month discount bill auction 26-Mar United States Sale of 2-year notes
Once a car has served its time, it’s stripped of all its Police markings, siren, radio, gun box and serviced, before going under the hammer. These vehicles may have done more miles than your average family runabout but, Police Cars are kept in tip-top condition. No expense is spared in keeping these motors immaculate and they receive the best parts, tyres, even oil.
Another approach to choosing an SOB: The auctioneer may achieve good success by asking the expected final sales price for the item, as this method suggests to the potential buyers the item's particular value. For instance, say an auctioneer is about to sell a $1,000 car at a sale. Instead of asking $100, hoping to entice wide interest (for who wouldn't want a $1,000 car for $100?), the auctioneer may suggest an opening bid of $1,000; although the first bidder may begin bidding at a mere $100, the final bid may more likely approach $1,000.

Bidding. Get some information about the type of bidding that normally occurs at these auctions. Feel free to ask the consultant about the expected price of a particular vehicle. When the auction starts, raise your hand and registration number card high in the air so the auctioneer can see you. Bids can be in increments of $100, $250 or even $500. This will be up to the auctioneer's discretion. Before bidding, remember that once a bid is made it cannot be withdrawn. Once the bid is won then the bid cards must be immediately filled out and signed. If this is not done then the vehicle can be re-offered. The government can reject any bid
Many financial assets, especially government bonds, are issued by an auction mechanism. An important feature of the design is the auction pricing mechanism: Uniform vs. Discriminatory. Theoretical papers do not provide a definite answer regarding the preference of one mechanism over the other. Experimental papers investigated the issue under an exogenous equal number of bidders. We investigate ... [Show full abstract]View full-text
Depending on the agency, the government may use revenue from auctioned items to support crime-prevention programs, pay restitution to crime victims or purchase new equipment the department needs. "By providing agencies with the ability to dispose of excess assets, GSA benefits taxpayers by eliminating the need to maintain and store the unneeded property while also raising more than $300 million in revenue in just the last two years," a GSA spokesperson said.
The word "auction" is derived from the Latin augeō, which means "I increase" or "I augment".[1] For most of history, auctions have been a relatively uncommon way to negotiate the exchange of goods and commodities. In practice, both haggling and sale by set-price have been significantly more common.[5] Indeed, before the seventeenth century the few auctions that were held were sporadic.[6]
SPRING 2019 SPORTSMANS AUCTION in GREENCASTLE, PAFIREARMS-BOATS-TOOLS-FISHING & HUNTING ITEMS-AMMO AND MORE! ONLINE NOW through MARCH 23rd!  VIEW AUCTION CATALOG RIFLES/SHOTGUNS/HANDGUNS: Remington; Browning; Marlin; Winchester; Tobin Arms; Stoeger; Savage Arms; Glock; Colt; S&W; Walther; Beretta; Taurus; Ruger; Rohm; Iver Johnson; Connecticut Valley Arms; SCCY;   [ View Full Listing ]
PropertyRoom.com works with police departments across the country to auction off the items they have seized or recovered. All of the items are examined by experts and anything that is fake is destroyed. PropertyRoom.com gives a portion of the proceeds from the auction back to the police department's local community. Many of the items on the site start at $1 with no reserve.  

In early 2015, we made the decision to help our clients auction this piece of property & evidence through innovative solutions that not only fulfills this requirement for many agencies, but also supports public safety as in many jurisdictions the proceeds from these auctions can be used to purchase products like wearable body cameras, tactical gear and more.
Property becomes tax-defaulted land if property taxes remain unpaid at 12:01 a.m. on July 1st.  Property that is tax-defaulted after five years (or three years in the case of property also subject to a nuisance abatement lien) becomes subject to the county tax collector’s power to sell that property in order to satisfy the defaulted property taxes. The county tax collector must attempt to sell the property within four years of becoming subject to sale.
Private sources. In addition to these free government sites, you can use private sites. These sites provide information about federal and local government auctions. Gov-Auctions gives you access to both federal and state auctions. The sites charge a one-time fee of $39.00 for access to their information. Having all auctions on one site can be helpful. If you are launching a serious car search or buy auction cars on a frequent basis, paying to use this site might make financial sense
The Treasury in Rome plans to auction as much as 5 billion euros ($5.7 billion) of debt Friday, including benchmark five-year and 10-year securities. Those sales represent the final government debt supply in the euro area for 2018. The results will provide an indication of the underlying demand for Italian bonds next year, according to Danske Bank A/S.
The New York City Police Department regularly holds online auctions to dispose of seized, unclaimed property and vehicles. The Property Clerk Division works with an outside auctioneer, called Property Room, which specializes in items seized by law enforcement agencies across the country. Online auctions include many high-end items, such as jewelry, rare coins, brand-name clothing, and consumer electronics. Vehicles are also available. Participation in online auctions is free and open to the general public.
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