Government Seized Coin Auction in Florida

Discussion in 'What's it Worth' started by CajunBlu, May 26, 2005.

  1. CajunBlu

    CajunBlu New Member

    I don't know if anyone's aware of these auctions by the government. I'd go but I can't afford it this time. Go to the link below to have a look-see...

    June 10 - Seized Coins & Currency - Ft. Lauderdale, FL
    http://www.treas.gov/auctions/customs/special2.html
     
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  3. Stop Motion

    Stop Motion New Member

    Are those the prices at the end of each item name? If so that cheap on some coins!
    SM
     
  4. CajunBlu

    CajunBlu New Member

    If I understand what you're asking... No, that's how many they have in that particular lot of coins. They seldom sell individual coins... only in lots.
     
  5. satootoko

    satootoko Retired

    At least this is a legitimate government auction, not one of those phony "seized property" auctions that have no connection with the government.

    The problem with those auctions is that they are advertised in a manner that attracts a lot of people who don't generally participate in auction buying, and are very susceptible to "auction fever". They go there looking for bargains, and then get carried away. Some years ago I saw a cheap black & white TV of a type that could be bought for under $100 at any TV store sell for $150 at a U.S. Customs auction. The kicker is that it had been confiscated from a person who had been traveling in Europe, and probably wasn't even compatible with U.S. broadcast standards.[​IMG]
     
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