4 Ways To Buy Luxury Goods, Jewelry And Cars At Government Seized Property Auctions

If you are on the lookout for luxury goods, expensive jewelry and cars at hard core bargain prices

, then government seized property auctions are the places to start checking out immediately. It could be a new Ferrari or Porsche, a period diamond ring, heavy gold chains or even expensive perfume being sold for dimes on the dollar. Now, isn't that a swell way to strike a huge bargain?

*Government seized properties such as these are usually contraband items which have been seized by the customs authorities as smuggled goods; or property that has been acquired by illegal tax evasion and which is now being auctioned off by the IRS to realize its dues. These are sold for a fraction of their value as they keep piling in government warehouses and most buyers stand to make huge savings or for reselling to make profits.

*You can also buy necessary equipment to start a business such as food service equipment, office furniture and computers and even expensive photographic equipment including branded cameras. Often a luxury yacht or boat or recreational vehicle is found for the boating or racing enthusiast and all one need to do is to keep his eyes and ears open and keep scouring the Net for online auction sites that regularly advertise such saleable items.

*Once you have located the item of your choice, you can place a preliminary bidding amount to reserve it and if luck is on your side, you may even get a trailer with a thirty foot yacht for the price of a smaller one. Jewelry and gems too, can be bought for fractional prices and there have been instances of 822 diamonds being auctioned off for $ 2, 97,000 at a government auction including a sixteen karat diamond which later sold for $90, 00,000! Now that's what you call a huge bargain.

*There are agents who specialize in government auctions who keep a regular tab on these happenings and it is always wise to keep in touch with them to get the information beforehand. If you are looking for a classy engagement ring, you might just get lucky if properly guided by your agent to the right bidding block. It is always prudent to do your research and basic learning by just visiting and watching a few government auctions first so that you get a hang of the procedures followed and make your bid at the right time.

You can also bid by telephone at certain auctions if you wish to remain anonymous or even online to get the final prize. All t takes is a little practice and a watchful eye to go for the final kill.

by: Adrian Getty

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