Press Release
PropertyRoom.com, the largest and most popular online auction site for legally recovered property, today announced that it will begin accepting payments for completed auctions on behalf of all merchant sellers listing on the site.
The new payment option, which works like a traditional escrow service, represents a significant step in buyer and seller protection […]

With consumer debt and credit card payments at record levels, more Americans every day cannot afford their car payments.
The US Government does not have the facilities to store these vehicles, as well as other property seized from criminals and felons, so by law it must dispose of the vehicles and property at public auction.
Until […]

This weekend’s Frontier Times Western Auction in Austin, Texas, offered a variety of items, but none as strange as a 50-million-year-old piece of dung.
The Austin American-Statesman said, as of Saturday, the fossilized crocodile refuse, known simply by auctioneers in attendance as “the turd,” had not been sold despite its unique nature.
Also up for bid at […]

Ornate currency produced by banks around the country became obsolete virtually overnight when the federal government started printing money in quantity in the 1860s. So did the intricate printing plates used to make it. Now, hundreds of the hand-engraved metal plates, many hidden in storage for more than 150 years, are going on the auction […]

The assets of fallen hedge-fund manager Kirk Wright fetched about $2 million at an Atlanta auction yesterday - a small fraction of the more than $100 million the Bronx native is accused of bilking from roughly 430 investors, which included several NFL stars and his own mother.
“We’ve got somewhat of a thankless job,” said Scott […]

eBayyer.com
At a time when eBay is facing slower growth and greater competition, particularly from Google, the online marketplace giant recently announced the departure of one of its top execs and guiding forces, as well as a reshuffling of managers.

In the next two weeks, FEMA officials will begin regularly auctioning trailers that have been returned to the agency’s 172-acre staging site in Purvis.
The auctions, held by the federal General Service Administration, will be conducted online. Similar trailers in Florida have been auctioned for as much as $14,700 and as little as $1,500. The funds […]