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Instead of conducting traditional live auctions where bidder turnout tended to be low, police departments are able to offer their merchandise to registered users. [5] With a much larger number of potential bidders, PropertyRoom.com auctions typically have a winning bid price higher than live traditional offline police auctions. [6]
Some authorities commission auctions through various contracted auctioneers. Others hold online auctions through various websites. [3] Lots at police auctions range from brand new or graded from A down in used condition, or goods may be slightly marked. All items listed in any police auction are available for viewing and inspection prior to the ...
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]
Thomas says his employees filed a police report that night and decided to auction off the hat. Two bidders offered $200 for it and came close to snatching the woolen crown — until its real owner ...
In the days before the auction, Priscilla did media interviews explaining why she was endorsing it. “I want fans and people who love Elvis to know it is authentic,” Presley told Reuters.
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Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the auction. [citation needed]
The O.G. map of the theme park reached beyond $700,000 at a 2017 auction and despite its massive selling price, it actually fell short of its $900,000 expected selling price. ... authentic book ...
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