Hi all, I have found a few auctions selling jewelry from police seizures. Has anyone done this? I noticed a couple of things I want to ask about specifically. 1) I see certificates of authenticity from gem associations I have never heard of. Only a couple are GIA certs. Are these scams? 2) I found one ring that was GIA certified, however if you google the number, you see tons of other listings citing the same cert number which is odd to me http://www.seizedpropertyauctions.com/Auction/AuctionDetail/215028/Internet-Auction-667/Jewelry-Diamonds/Lot4052~PLATINUM-GIA-CERTIFIED-ENGAGEMENT-RING-1_80-C_T_W
Age and nationality requirements. A bidding individual must be at least 18 years old to participate in government car sales. Unlike private auctions, which sometimes require a license to bid, a government car auction is generally open to the public. No special license is needed. However, in order to transact business with the federal government, a social security number or tax identification number is needed. If purchasing the vehicle for a company, then a Power of Attorney certificate is required
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 Before bidding, remember that once a bid is made it cannot be withdrawn.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
I had a family members military collection to dispose of and Farmer Auctions and all of their staff did an awesome job in all areas, from picking up the collection of items, to the research and marketing to buyers, display, photography, and the actual auction. Will Farmer kept me informed of all of the aspects of how the research and grouping of items for the auction was progressing leading up to auction day. We were very pleased with the auction results and truly knew that we had picked the right people to handle this auction. They are an top notch company and I would highly recommend them to anyone.