Government Auction MerchandiseThey have artwork and jewelry. They have residential property and commercial property. They have cars and boats and planes. They have microfiche readers and desks. You can find aircraft parts and generators, Persian rugs and antiques. Where do they obtain these kinds of items that you can obtain at hopefully bargain prices? You can find them at government auctions. All levels of government, federal, state and local, have auctions. The merchandise sold at these auctions consists of surplus and seized or forfeited property. Government surplus merchandise consists of usually used goods that they no longer need. If a government agency redecorates their office, what happens to all of the old furnishings? They are sold at a government auction. The Air Force no longer needs some parachutes, what do they do with them? They sell them at auction. This is surplus merchandise and this merchandise comprises a large part of government auctions. The Coast Guard replaces some of its boats? What happens to the old boats? They sell the old boats at auction. This is some of the merchandise sold at government auctions. Mansions, jewelry, artwork, Persian rugs, antiques, luxury cars and boats and planes - these kinds of items are also available at government auctions. This merchandise is also sold at government auction and is not part of the surplus merchandise. This is property that was seized by government from people involved in crime. This property was obtained with income earned from crime. When the criminal is arrested his assets are seized. What does the government do with seized or forfeited property? It sells seized property at auction. Government auctions take place all over the country almost every day of the week. They are open to the public. All of this merchandise is available for the public to bid on. Information on all government auctions, whether they are federal, state or local, is available on the U.S. Government portal, Firstgov.gov. This is the website to check if you are interested in seeing what is available at government auctions and where the auction is. You can find information listed by category of property or by agency. The website will tell you where the auction is held and when, what the available property is and where to view it. You must look at each auction to ascertain the terms and conditions and rules, such as how to bid, how to pay, etc. |