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The Surplus Record has been available online since 1986, [4] when buyers would use 2400-baud modems to access it. Currently, it is the largest online directory in the world for surplus capital equipment. [5] The company started its own online auctions in 1999, [1] [6] a year before it was acquired.
Government property sold at public auction may include surplus government equipment, abandoned property over which the government has asserted ownership, property which has passed to the government by escheat, government land, and intangible assets over which the government asserts authority, such as broadcast frequencies sold through a spectrum auction.
In contrast, if the seller does not announce the reserve price before the sale, it is a secret reserve price auction. [64] However, potential bidders may be able to deduce an approximate reserve price, if one exists at all, from any estimate given in advance by the auction house. The reserve price may be fixed or discretionary. In the latter ...
Deputy Superintendent Travis Shaw said the board does not have to sell Robberson property unless it gets the right price and buyer. Robberson school declared 'surplus' by SPS board, clearing way ...
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As of 2009, online sales made up the bulk of Edmund Scientific's revenues. The company was still selling telescopes (including an updated version of their Astroscan Telescope), microscopes (mostly they have carried the Boreal brand, manufactured for their parent company Science Kit LLC), surplus optics, magnets, and Fresnel lenses.
Ax-Man Surplus Stores is a chain of surplus stores in the Twin Cities metro area in Minnesota, known locally for its eclectic atmosphere and unique selection of merchandise. [ 1 ] [ 2 ] [ 3 ] They specialize in industrial and scientific surplus, as well as manufacturing surplus and failed consumer products.
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