Buying the confiscated goods either from the TSA or individual states is done in auctions 90% of the time. Some confiscated items are put up directly for sale though, and you can find it on the websites for direct purchase. The state surplus auctions are held regularly, and if you're planning to show up for it, it's definitely best to check if you have to register beforehand. Several states require this.
Most people didn't worry about the Fed monetizing debt until the 2008 recession. That's because until then, open market operations weren't large purchases. Between November 2010 and June 2011, the Fed bought $600 billion of longer-term Treasurys. That was the first phase of the expansion of the operations of the central bank, or quantitative easing, known as QE1.
Police auctions tend to conjure up images of beat up cars confiscated from drug dealers and mint condition police cruisers that—for one reason or another—never saw service. The reality lies somewhere in the middle, and there are some good deals to be had so long as you're careful, and absolutely sure about what you're doing. Let this list be your insurance.
Internet auctions typically last seven days, and operate like eBay auctions. Each listing links to the auction house website where bids can be placed. From that site, bidders are asked to register in order to bid on a vehicle. Live auctions are public auctions held at a specific date and location and are usually published in newspapers in addition to the online listing at GovSales.
Debt auctions, in which governments sell debt instruments, such as bonds, to investors. The auction is usually sealed and the uniform price paid by the investors is typically the best non-winning bid. In most cases, investors can also place so called non-competitive bids, which indicates an interest to purchase the debt instrument at the resulting price, whatever it may be

Municipal Vehicle and Equipment Auction ends March 24th 2019 - online only auctionVehicles located at 835 Route 100 Bechtelsville, PA 19505Inspection and Previews - Saturday March 9th and March 23rd 9am-4pm View the catalog and bid online at geyerauctions.hibid.com 1982 American LaFrance Fire Truck - Turbocharged V8 Detriot Diesel  with 13,000original miles Allison Automatic, Garage Kept   [ View Full Listing ]
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.
LIVE AUCTION! VINTAGE MOTORCYCLES, CARS! OVER 20 CLASSIC VEHICLES SELL REGARDLESS OF PRICE! HARLEY DAVIDSON, BSA, MOTO GUZZI, CUSHMAN, CUSTOM CHOPPERS, FORD THUNDERBIRD, CHEVY CORVETTE, CROSLEY, CHEVY TRUCK, FORD BRONCO ONLINE BIDDING IS NOW OPEN! OR BID LIVE IN-PERSON AT OUR PHOENIX WAREHOUSE! SATURDAY MARCH 23RD AUCTION PREVIEW 9:00 AM AUCTION START 10:00 AM ONLINE   [ View Full Listing ]
Municipal Vehicle and Equipment Auction ends March 24th 2019 - online only auctionVehicles located at 835 Route 100 Bechtelsville, PA 19505Inspection and Previews - Saturday March 9th and March 23rd 9am-4pm View the catalog and bid online at geyerauctions.hibid.com 1982 American LaFrance Fire Truck - Turbocharged V8 Detriot Diesel  with 13,000original miles Allison Automatic, Garage Kept   [ View Full Listing ]
THIS IS AN INTERNET-ONLY AUCTION! TO VISIT THE AUCTION- COPY AND PASTE THE LINK BELOW:http://peoplesonlineauctions.com/auction/349463/active-bidding-coins-police-property-evidence/ There is a 15% buyers premium that will be added to your final purchase price. AUCTION MANAGER: Chelsea (757) 421-2525AUCTION HOST: Peoples Auction Co., Inc.VAF #527 | NCAL #4666  For questions   [ View Full Listing ]
DON'T MISS OUT ON THIS OUTRAGEOUS AUCTION SALE!!!! NEW PERLICK DUAL TOWER BEER KEGERATOR, NEW PERLICK BAR BACK, NEW TRUE 2 DOOR COOLER, NEW TRUE ONE DOOR FREEZER, NEW ICE-O-MATIC ICE MACHINE, NEW GLAS TENDER BEER COOLER, PERLICK BEER COOLER, GLAS TENDER BAR BACK, NEW TRUE BEVERAGE MERCHANDISER, NEW TURBO AIR FREEZER MERCHANDISER, NEW FWE FOOD WARMING CABINET, SCOTSMAN ICE MACHINE, NEW ALTO SHAAM   [ View Full Listing ]
MoneySupermarket.com Financial Group Limited is authorised and regulated by the Financial Conduct Authority (FRN: 303190). The registered office address of both MoneySupermarket.com Group PLC and MoneySupermarket.com Financial Group Limited (registered in England No. 3157344) is MoneySupermarket House, St. David's Park, Ewloe, Chester, CH5 3UZ. MoneySavingExpert.com Limited is an appointed representative of MoneySupermarket.com Financial Group Limited.
No-reserve auction (NR), also known as an absolute auction, is an auction in which the item for sale will be sold regardless of price.[36][37] From the seller's perspective, advertising an auction as having no reserve price can be desirable because it potentially attracts a greater number of bidders due to the possibility of a bargain.[36] If more bidders attend the auction, a higher price might ultimately be achieved because of heightened competition from bidders.[37] This contrasts with a reserve auction, where the item for sale may not be sold if the final bid is not high enough to satisfy the seller. In practice, an auction advertised as "absolute" or "no-reserve" may nonetheless still not sell to the highest bidder on the day, for example, if the seller withdraws the item from the auction or extends the auction period indefinitely,[38] although these practices may be restricted by law in some jurisdictions or under the terms of sale available from the auctioneer.

Buyout auction is an auction with an additional set price (the 'buyout' price) that any bidder can accept at any time during the auction, thereby immediately ending the auction and winning the item.[29] If no bidder chooses to utilize the buyout option before the end of bidding the highest bidder wins and pays their bid.[29] Buyout options can be either temporary or permanent.[29] In a temporary-buyout auction the option to buy out the auction is not available after the first bid is placed.[29] In a permanent-buyout auction the buyout option remains available throughout the entire auction until the close of bidding.[29] The buyout price can either remain the same throughout the entire auction, or vary throughout according to rules or simply as decided by the seller.[29]
In some parts of England during the seventeenth and eighteenth centuries auction by candle began to be used for the sale of goods and leaseholds.[10] In a candle auction, the end of the auction was signaled by the expiration of a candle flame, which was intended to ensure that no one could know exactly when the auction would end and make a last-second bid. Sometimes, other unpredictable processes, such as a footrace, were used in place of the expiration of a candle. This type of auction was first mentioned in 1641 in the records of the House of Lords.[11] The practice rapidly became popular, and in 1660 Samuel Pepys's diary recorded two occasions when the Admiralty sold surplus ships "by an inch of candle". Pepys also relates a hint from a highly successful bidder, who had observed that, just before expiring, a candle-wick always flares up slightly: on seeing this, he would shout his final - and winning - bid. The London Gazette began reporting on the auctioning of artwork at the coffeehouses and taverns of London in the late 17th century.
Lots at police auctions range from brand new or graded from A down in used condition, or goods may be slightly marked. A good example would be high quality white goods. All items listed in any police auction are available for viewing and inspection prior to the sale. Faulty or damaged goods should be clearly marked, and faults are outlined by the auctioneer during the auction.
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.
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.
... cdebt.treas.gov 2 Krishna (2002), among others, analyzes the uniform auction in which the uniform price is the highest losing bid, the multi-unit version of a second price auction. We analyze the uniform auction with the price set to the lowest winning bid because that is what Treasuries use; it is the multi-unit version of the first-price auction. Brenner et al (2009) surveyed 48 countries, of which 24 used the discriminatory format and 9 the uniform format. tion, which in turn is higher than the low bid in the uniform auction. For both auction formats, bidders shade their bids with respect to the expected value of the good, conditional on the signal observation, for all signals but the lowest. We ch ...
Buyout auction is an auction with an additional set price (the 'buyout' price) that any bidder can accept at any time during the auction, thereby immediately ending the auction and winning the item.[29] If no bidder chooses to utilize the buyout option before the end of bidding the highest bidder wins and pays their bid.[29] Buyout options can be either temporary or permanent.[29] In a temporary-buyout auction the option to buy out the auction is not available after the first bid is placed.[29] In a permanent-buyout auction the buyout option remains available throughout the entire auction until the close of bidding.[29] The buyout price can either remain the same throughout the entire auction, or vary throughout according to rules or simply as decided by the seller.[29]
Some items are being offered for sale to out of state or out of country bidders. Bidders are hereby notified that a VIN Stop has been filed with California DMV prohibiting the vehicle/equipment from being registered in California. Purchaser will be required to sign an ARB Out-of-State Verification Form acknowledging their intent to move the vehicle/equipment out of California, and an Out-of-State Sales Agreement indicating that the Buyer will inform future buyers that the vehicle cannot be registered and operated in California unless compliant with Section 2022.1(b). Bidders purchasing Out-of-State items must be registered as an out of State buyer with Bar None Auction prior to bidding.
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.
Going, going, gone! Live auctions are always exciting and entertaining whether you're the bidder or not, and government auctions are no exception. Make sure you don't miss your cue to bid. If you're not clear on how bidding progresses, ask one of the auction company officials. Some items will have an undisclosed set minimum bid (reserve), while most items will be offered without reserve. Most auctions will also accept in-absence, written bids if the bidder follows special procedures and the bid is received more than a day before the auction.
HM Customs & Excise often enter items for auction seized from smugglers, fraudsters and racketeers. Executors may enter the assets of individuals dying in testate (i.e. without leaving a will) or in debt. The official receiver handles the liquidations of companies that have failed. Bailiffs will enter goods into auctions which have been seized for various reasons such as non-payment of bills or failure to keep up payments to finance companies.

Private treaty sales – Occasionally, when looking at an auction catalogue some of the items have been withdrawn. Usually these goods have been sold by 'private treaty'. This means that the goods have already been sold off, usually to a trader or dealer on a private, behind-the-scenes basis before they have had a chance to be offered at the auction sale. These goods are rarely in single lots – photocopiers or fax machines would generally be sold in bulk lots.


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
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).
State Fleet Management partners with Colorado Correctional Industries to handle the final payments and pick up of the vehicles sold. If you would like to keep up with upcoming on-site auctions, visit the State Fleet website at www.colorado.gov/dca/fleet or if you have other questions, call 303-866-5222. For vehicle recall information by vin click here.

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.


This site advertises auctions of seized Real Property for sale throughout the United States and Puerto Rico and includes single and multi-family residences; commercial and residential land; commercial buildings and warehouses; and operating businesses. These properties have been seized and forfeited due to violations of federal laws enforced by the U.S. Department of the Treasury. Participating enforcement agencies include: IRS-Criminal Investigations Division, Immigration and Customs Enforcement, and the U.S. Secret Service. All proceeds from the sale of property are deposited in the U.S. Treasury Asset Forfeiture Fund. This fund helps support continued law enforcement efforts and provide restitution to crime victims.
Pursuant to the Dallas City Charter, all items that exceed $20,000 threshold requires the City of Dallas, City Council approval and will require the bidder to have a hold place on the item(s) purchased for approximately 6 to 8 weeks prior to delivery (Pending city councils approval). In addition, the City of Dallas reserves the right to reject any and all bids.
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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