Walrasian auction or Walrasian tâtonnement is an auction in which the auctioneer takes bids from both buyers and sellers in a market of multiple goods.[46] The auctioneer progressively either raises or drops the current proposed price depending on the bids of both buyers and sellers, the auction concluding when supply and demand exactly balance.[47] As a high price tends to dampen demand while a low price tends to increase demand, in theory there is a particular price somewhere in the middle where supply and demand will match.[46]
In an English auction, a dummy bid is a bid made by a dummy bidder acting in collusion with the auctioneer or vendor, designed to deceive genuine bidders into paying more. In a first-price auction, a dummy bid is an unfavourable bid designed so as not to become the winning bid. (The bidder does not want to win this auction, but he or she wants to make sure to be invited to the next auction).
Seized Assets Auctioneers is excited to invite you to bid on our wonderful collection of luxury items. Our auction house is committed to giving you the chance to win lots of amazing items at a fraction of retail cost. Jewelry, currency, art, fashion, cars, and rare memorabilia, WE HAVE IT ALL! Our auctions start every day at 9AM PST! Bid early and bid often!! We'll see you on the auction block!
Capital Auto Auction hosts weekly live auctions at each of our four locations, as well as online. Whether you attend a live auto auction or an online auto auction, you'll find quality used vehicles listed at the kind of bargain prices that typically only dealers see. Our vehicles may be repossessions, dealer consignments, government vehicles or donations. In every case, they are auctioned openly to the public so it's easy for customers to find or sell the vehicles they need. What's more, it's not just individual cars that we work with, either; through a fleet auto auction, you have a way to quickly dispose of fleet vehicles you no longer need.

Competitive bidders are not guaranteed to receive securities as bid approval depends on the discount yields that are submitted. A competitive tender is submitted by bigger investors, such as institutional investors. Each bidder is limited to 35% of the amount of the offering per bill auction. Each bid submitted specifies the lowest rate or discount margin that the investor is willing to accept for the debt securities. The bids with the lowest discount rate will be accepted first. The lowest discount rate which meets the supply of debt being sold serves as the “winning” yield or the highest accepted yield, after all non-competitive bids have been subtracted from the total amount of securities offered. All investors who bid at or above the level of the winning yield receives securities with this discount rate. All bidders, competitive and non-competitive, will receive this yield.
If you have had items taken by customs, there are a few different steps that you can take. If you believe that your goods were seized wrongfully or that customs had no legal right to take the items in question, you have 5 days to challenge the decision after receiving your Notice of Seizure. Your reasoning can be that the items were not in fact prohibited or restricted for importation, the goods were to be given away and not sold, and other reasons that could make the decision to have the goods seized incorrect.
Bid NOW http://baileyshonor.com/auctions/2019/OL190321/details.htm Over 70 pieces of Roseville Pottery, 25 lots of vintage colored plastic table top radios and transistors, Over 35 lots of antique and vintage clocks (mantle and alarm), nice painted primitive cupboards and cabinets including corner cabinets and pie safe, Shaker and Deacon benches, Hoosier style kitchen cupboards, 60" HD 3D   [ View Full Listing ]
In order to appeal the decision to seize your goods, you will want to write out a Notice of Claim and hand in the appeal personally. Only the individual who owned the goods at the time of seizure is allowed to appeal the decision to seize them. It is well within your right to appeal the decision to take the goods or merchandise you owned while, at the same time, requesting that Customs return the items to you.
Auction includes over 1,000 items from State and Federal agencies, abandoned safe deposit boxes, unredeemed pledged assets from various Financial Institutions, several business inventory liquidations, several estates and other consignors. Auction will feature collectible coins & currency, rare art, fine jewelry, luxury watches, sports memorabilia, rugs, electronics, all types of collectibles & much more! 
The relationship between the Fed and the primary dealers is governed by the Primary Dealers Act of 1988 and the Fed's operating policy "Administration of Relationships with Primary Dealers."[6] Primary dealers purchase the vast majority of the U.S. Treasury securities (T-bills, T-notes, and T-bonds) sold at auction, and resell them to the public. Their activities extend well beyond the Treasury market. For example, according to the Wall Street Journal Europe (2/9/06 p. 20), all of the top ten dealers in the foreign exchange market are also primary dealers, and between them account for almost 73% of foreign exchange trading volume. Arguably, this group's members are the most influential and powerful non-governmental institutions in global financial markets. Group membership changes slowly, with the current list available from the New York Fed.[2]
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.
When you’re in need of a reasonably priced used car, your best and easiest solution is to come to one of our used car auction events — either in person or online. Because our inventory is always being updated, there are lots of options available. Plus, because our prices are so good, you can save a great deal. At our auctions, we sell hundreds of cars for less than $1000 and are always open to the public — the bargains are just waiting for you.
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

If you have had items taken by customs, there are a few different steps that you can take. If you believe that your goods were seized wrongfully or that customs had no legal right to take the items in question, you have 5 days to challenge the decision after receiving your Notice of Seizure. Your reasoning can be that the items were not in fact prohibited or restricted for importation, the goods were to be given away and not sold, and other reasons that could make the decision to have the goods seized incorrect.
Mystery auction is a type of auction where bidders bid for boxes or envelopes containing unspecified or underspecified items, usually on the hope that the items will be humorous, interesting, or valuable.[33][34] In the early days of eBay's popularity, sellers began promoting boxes or packages of random and usually low-value items not worth selling by themselves.[35]
Additional government sites. There are a few additional sites that can provide tips on government auctions. Guide to Federal Auctions gives a rundown of the various agencies. It provides information about what they sell as well as the departments' websites. GSA supplies information about auction sources. Auctions can be searched by state or auction house
Do your research. Check Kelly Blue Book for the proper price for the vehicle, including its mileage and apparent condition. Always downgrade the condition by one ranking for government auctions. Also, do some smart used-car research, such as checking Consumer Reports for reliability and the frequencies of particular repairs, and checking our road test information if it's a recent model vehicle.
It is important to have realistic expectations when attending a government car auction. While you can find some good bargains, you are not going to find a brand new BMW for $100.00. Government auctions sell both fleet cars and vehicles that have been impounded by government agencies. The conditions of these vehicles can range from great to not running. Set your expectations and budget realistically.
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.

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


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
State Fleet Management will hold another Vehicle Auction on March 7, 2019 at the North Campus location, 1001 E. 62nd Avenue, Denver. The sealed-bid auctions are open to the public for accident, drivable, and non-drivable vehicles that need to be moved out of the fleet. Click here for sample sealed-bid sheet. On-site auctions are held approximately every 3-6 months depending on the amount of inventory, as well as selling other vehicles weekly on a year-round auction site, www.colo-auto-sales.com.
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. 
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.  
CWS Asset Management and Sales (CWSAMS) is a nationwide company with expertise in the management, marketing and sales of a wide range of assets, specializing in web-based and live auctions. CWSAMS has provided continuous support to the U.S. Department of the Treasury, its legacy agencies, and other public & private entities for the marketing and sale of real and personal property for the past 26 years. An abbreviated list of clients are:
In order to appeal the decision to seize your goods, you will want to write out a Notice of Claim and hand in the appeal personally. Only the individual who owned the goods at the time of seizure is allowed to appeal the decision to seize them. It is well within your right to appeal the decision to take the goods or merchandise you owned while, at the same time, requesting that Customs return the items to you. 

In order to appeal the decision to seize your goods, you will want to write out a Notice of Claim and hand in the appeal personally. Only the individual who owned the goods at the time of seizure is allowed to appeal the decision to seize them. It is well within your right to appeal the decision to take the goods or merchandise you owned while, at the same time, requesting that Customs return the items to you.
Payment methods. A government auction accepts many modes of payment from credit cards or bank checks to cash. It is recommended to ask the auctioneer about the modes of payment involved before the auction starts. Besides the bidding price of the car, an additional buyer's premium fee is added onto the total. This fee is normally 5 percent of the winning bid
Participants in any Treasury auction consist of small investors and institutional investors who submit bids categorized as either competitive or non-competitive tenders. Non-competitive tenders are submitted by smaller investors who are guaranteed to receive bills, but they won’t know what discount rate they will receive until the auction closes. In effect, these investors receive no guarantee on the price or discount received. An investor who submits a non-competitive bid agrees to accept whatever discount rate is decided at the auction, determined by the competitive side of the auction which is handled as a Dutch auction. The minimum non-competitive tender for a Treasury bill is $10,000. The non-competitive closing time for bills is normally 11:00 a.m. Eastern Time on auction day.
We created a solution for law enforcement agencies nationwide. We pick-up all those seized, stolen, abandoned and surplus goods out of their Property Room, open up their public auctions nationwide and send back proceeds to the local communities. That’s also where we got our name – the Property & Evidence Room is where all these goods are stored at your local law enforcement agencies. We just shortened it to just PropertyRoom.com.
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 at 12:07pm Bidding closes on the first item at 12:07 pm, then closes at the rate discussed in these Terms and Conditions of Sale.  INSPECT: Monday, March 18th 9am to 11am REMOVAL:   [ View Full Listing ]
Treasury bills (T-bills) are short-term debt securities issued by the U.S. government through the Treasury Department to help finance the national debt. These debt instruments mature within a year and are issued at a discount to par value. The maturity term for T-bills are: 1 month (or 4 weeks), 3 months (or 13 weeks), 6 months (or 26 weeks), and 1 year (or 52 weeks). The minimum amount you can buy a bill for is $100, although the most commonly sold bills have a par between $1,000 and $10,000. The bills are considered risk-free securities since they are backed by the full faith and credit of the U.S. government and, hence, the yield on these securities is used as the benchmark for short-term interest rates. Treasury bills are issued in electronic form through an auction bidding process which is conducted every week.

CWS Asset Management and Sales (CWSAMS) is a nationwide company with expertise in the management, marketing and sales of a wide range of assets, specializing in web-based and live auctions. CWSAMS has provided continuous support to the U.S. Department of the Treasury, its legacy agencies, and other public & private entities for the marketing and sale of real and personal property for the past 26 years. An abbreviated list of clients are:
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 thepreference of one mechanism over the other. Experimental papers investigated the issueunder an exogenous equal number of bidders. We investigate the ... [Show full abstract]View full-text

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.
PLEASE READ THESE TERMS OF SALE CAREFULLY, AS THEY HAVE BEEN RECENTLY UPDATED.  THIS IS AN INTERNET-ONLY AUCTION!  AUCTION CLOSING DATE: Friday, March 22nd 12:07 pm Bidding closes on the first item at 11:07 am, then closes at the rate discussed in these Terms and Conditions of Sale.  INSPECT: Friday, March 15th 9am to 2pm  INSPECT:   [ View Full Listing ]
Treasury Department Auctions:  The other agency very active in holding auctions is the Treasury Department, with roughly 300 sales per year. Treasury often offers in-person previews in California, Florida, New Jersey and Texas. Treasury auctions off "property forfeited as a result of violations of federal law enforced by the Department of Treasury or nonpayment of Internal Revenue Service taxes," according to its website. There are many categories of goods, including concrete items like antiques and coins but also less tangible property like stocks and patents.
You can find out when Treasury securities will be auctioned by viewing the recent announcements of pending auctions. Once an auction is announced, your institution may submit a bid for the security. You may bid directly through TreasuryDirect (except for Cash Management Bills), TAAPS (with an established account), or you can make arrangements to purchase securities through a broker, dealer, or financial institution.
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. 
Police Auction events are handled differently depending on the various police forces. Some authorities commission auctions through various contracted auctioneers. Others hold Online Police Auctions through various websites. The issue is that the police auctioneers who are appointed to sell goods is constantly changing. So to keep up-to-date with upcoming police auctions around the country use the GAUK Auction Search Engine and for those elusive Police Auction lots try Lot Shark alert service.

U.S. Marshal's Service Auctions : And finally, the U.S. Marshal's service auctions off some true bling as part of its mission to "combat major criminal activity by disrupting and dismantling illegal enterprises" and "depriving criminals of the proceeds of illegal activity." Once again, there is real estate, but also businesses, cash cars, collectibles — and more.

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.


In an English auction, a dummy bid is a bid made by a dummy bidder acting in collusion with the auctioneer or vendor, designed to deceive genuine bidders into paying more. In a first-price auction, a dummy bid is an unfavourable bid designed so as not to become the winning bid. (The bidder does not want to win this auction, but he or she wants to make sure to be invited to the next auction). 

The Romans also used auctions to liquidate the assets of debtors whose property had been confiscated.[8] For example, Marcus Aurelius sold household furniture to pay off debts, the sales lasting for months.[9] One of the most significant historical auctions occurred in the year 193 A.D. when the entire Roman Empire was put on the auction block by the Praetorian Guard. On 28 March 193, the Praetorian Guard first killed emperor Pertinax, then offered the empire to the highest bidder. Didius Julianus outbid everyone else for the price of 6,250 drachmas per guard,[citation needed] an act that initiated a brief civil war. Didius was then beheaded two months later when Septimius Severus conquered Rome.[8]
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. 
×