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.
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
"There are two types of public auctions," explains Steven Lang, who runs a used car dealership in the Atlanta area and once owned a dealer auction (not open to the public). "There are government auctions and there are public auctions." Both are full of potential pitfalls. Here's a quick rundown on both and 10 tips for getting the most out of either. That is, if you dare to venture into the auction pit.
We were in the process of downsizing when a friend attended a program by Mr. Will Farmer on appraising, auctions and today’s styles and trends. She relayed that our mid-century modern furniture was back in vogue. We were familiar with the Farmer name from Antiques Roadshow, but knew little about the auction business. We showed Will Farmer, now owner of the business, photographs of our furniture and he was interested. He came to our home, looked at the furniture, described the auction process and carefully reviewed the contract we would sign. From start to finish the entire process was very professional. The Salem, Virginia gallery is spacious and well organized with plenty of parking. The entire staff is very friendly and courteous. The movers were very nice and careful. We were kept informed at every step. We were given a possible range of prices each item might bring, but no promises were made. Auction day was fascinating and fun. Some items brought more than expected and some less. In the end it was a wonderful experience and one we would not hesitate to do again.