From our early days as an online police auction site, there was one piece of property & evidence that we did not touch – firearms. However, recently for many states and jurisdictions it has become a requirement, and even mandated, for law enforcement agencies to auction off their seized, forfeited and unclaimed firearms just as they do with other parts of the property and evidence room. 

The bill auction accepts competitive bids to determine the discount rate to be paid on each issue. A group of securities dealers, known as primary dealers, are authorized and obligated to submit competitive bids on a pro-rata share of every Treasury bill auction. The winning bid on each issue will determine the interest rate that is paid on that issue. Once an issue is purchased, the dealers are allowed to hold, sell, or trade the bills. The demand for bills at auction is determined by market and economic conditions.
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.
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.
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. 

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]
To finance the public debt, the U.S. Treasury sells bills, notes, bonds, Floating Rate Notes (FRNs), and Treasury Inflation-Protected Securities (TIPS) to institutional and individual investors through public auctions. Treasury auctions occur regularly and have a set schedule. There are three steps to an auction: announcement of the auction, bidding, and issuance of the purchased securities.
14-Mar Japan 3-month discount bill auction 18-Mar Norway Auction of Treasury bills 18-Mar Belgium OLO Auction 18-Mar Netherlands DTC Auction 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
Inspect the vehicles. Attend the preview times (sometimes a day or two before the auction or earlier that day), and check out the vehicles that fit your interest. During these times, you can carefully look at the car's interior and exterior, and you can start the engine but not go out for a test drive. In all cases, the vehicles are sold as-is, so take into account the possibility of costly mechanical problems. The auction company will sometimes provide information only if it's critical to the safety of the vehicle, but all vehicles in these auctions are deemed roadworthy. It might be a good idea to take your trusty mechanic along to the preview so you can get his or her gut feeling about the vehicle.

But there is a twist - NO firearms will be auctioned on PropertyRoom.com. Instead they are offered for auction through Federal Firearms Licensed (FFL) partner BudsGunsShop.com on their auction website eGunner.com, a division of BudsGunShop.com. Partnering with an organization like BudsGunShop.com who has over 40 years’ experience in the firearms industry and has sold and shipped over 1 million firearms, ensures that firearms sold will be transferred from FFL to FFL and all legal requirements, including background checks before release, will be completed to the letter of the law.


FURNITURE * GLASS, CHINA & POTTERY * STERLING * JEWELRY * TOYS * HUMMELS * CLOCKS * COUNTRY COLLECTIBLES *  ETC. (Viewing 8 - 9:30AM Day of Auction). This Auction is comprised of the Antiques & Collectibles consigned from 20 Estates, Trusts, Homes & other lots.  Partial list inc:  FURNITURE:  Pine hutch, pine chest on chest, stretcher base tap table, pine   [ View Full Listing ]
There should be “decent demand at the auction as Italy has struck a deal on the 2019 budget with the EU,” said Jens Peter Sorensen, chief analyst at Danske Bank. “Typically, the auction is a good indicator for the demand for Italian government bonds going into 2019. If there is strong demand at the auction, then Italy tends to perform well in January,” he said.
Reserve auction is an auction where the item for sale may not be sold if the final bid is not high enough to satisfy the seller; that is, the seller reserves the right to accept or reject the highest bid.[37] In these cases a set 'reserve' price known to the auctioneer, but not necessarily to the bidders, may have been set, below which the item may not be sold.[36] If the seller announces to the bidders the reserve price, it is a public reserve price auction.[39] In contrast, if the seller does not announce the reserve price before the sale but only after the sale, it is a secret reserve price auction.[40] The reserve price may be fixed or discretionary. In the latter case, the decision to accept a bid is deferred to the auctioneer, who may accept a bid that is marginally below it. A reserve auction is safer for the seller than a no-reserve auction as they are not required to accept a low bid, but this could result in a lower final price if less interest is generated in the sale.[37]
To finance the public debt, the U.S. Treasury sells bills, notes, bonds, Floating Rate Notes (FRNs), and Treasury Inflation-Protected Securities (TIPS) to institutional and individual investors through public auctions. Treasury auctions occur regularly and have a set schedule. There are three steps to an auction: announcement of the auction, bidding, and issuance of the purchased securities.
Don't get discouraged with your first auction. It takes a good sense of what a vehicle is worth, and the ability to think fast-plus some luck and common sense-to get a good deal. Watch the seasoned bidders at work to catch the gist of it. If you're a smart bidder, government auctions can be a good place to find an inexpensive second car or work truck. Just remember: any deal that seems to be too good to be true probably is!
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