U.S. Treasury Nationwide Online Auction (Sep 15-22)

092220NW

Timed Auction

Online Bidding Only

STARTS

September 15, 2020 at 11:00 am ET

ENDS

September 22, 2020 at 11:00 am ET

350 Lot Government Auction

Gold & Diamond Jewelry, Coins, High-End Watches, Designer Handbags, Large Selection of Shoes (Nike, Adidas, Timberland, Vans, Balanciega), Electronics, Export Only Items and General Merchandise.

Items located in Dayton NJ, Pompano Beach, FL, Riverside CA, Laredo, TX and Puerto Rico.

How to Register
step1
Create an Account

New bidders ONLY

Go to Login and sign up for an account with your contact and credit card details.  We validate your credit card with a temporary charge of US $1.

Step2
Register for Auction

(allow 24 hours for approval)

Go to Upcoming Auctions and click on register to bid for each specific auction you wish to bid.

step3
Submit Photo ID

Bid Deposit: $5000

Complete the Photo ID Form and upload a copy of your Government-issued Photo ID (i.e. driver’s license, passport…).
Note: We do not accept personal photos.

Preview is online only via the auction lot descriptions and photographs.

Email us at service@cwsmarketing.com or call 855-463-3183.

It’s the Buyer’s responsibility to understand & comply with the complete Terms & Conditions of the sale.

Tuesday, September 15 @ 11am ET – Tuesday, September 22 @ 11am ET

*Please Note: End times are staggered every 1 minute. For example Lot 1 ends Tuesday at 11am, Lot 2 ends at 11:01am, Lot 3 ends at 11:02am and so on.

All bids placed are Max Bids. The system will enter the next bid increment and enter your bid as a maximum bid.
Example: current bid: $1000, bid increment: $10, bidder enters $3000
– system enters $1010 (Max $3000)

If a lot receives a bid within the last 3 min. it will remain open for an additional 3 min.

  • If any further bidding occurs, the extension timer will reset to 3 min.
  • If no further bidding activity occurs, the lot closes when the timer runs out. Bidders are urged and cautioned not to wait until the final seconds of the auction to place bids. Bids not recognized by the auction software when the time expires will not be accepted.
    Note: If a bid is recognized by the auction software during the final seconds, the screen may display “00.00” in time left. It can take a few seconds for the clock to reset. The bid will trigger an extension on the lot and 3 minutes will be added.

In the case of a tie bid, precedence is given to the earliest bid.

Some merchandise in this sale has a reserve price. When the auction closes, each lot will display either SOLD or ENDED. SOLD indicates the reserve (if there is a reserve) was met, and a payment email will be sent to the high bidder. ENDED indicates all final bids did not meet the reserve. In this case, CWSAMS will ask the seller if they will accept the high bid. If the seller accepts the high bid, an email notice confirming the approval will be sent to the high bidder, along with payment instructions.

All items must be paid in full by bank wire or cashier’s check only within 48 hours (2 business days) from time the bid approval email is sent.  Cashier’s checks are made payable to CWS Marketing Group, Inc. See terms of sale for submission details. No in-person payments will be accepted.  For lots that do not meet reserve, and the bid is approved after the sale, the Buyer will have 48 hours (2 business days) from the time notification is sent to make final payment.

Removal is the responsibility of, and at the expense and risk of Buyer. CWSAMS, nor the agencies represented, ship any property. If shipping is desired, it is the sole responsibility of the buyer. Therefore it is strongly recommended that buyers look into shipping arrangements prior to bidding.

Removal must be completed on or before the

  • 7th business day from the sale closing date for Domestic property/merchandise
  • 60th calendar date from the sale closing date for Export Only property/merchandise
  • For aircraft, removal must be completed on or before the 7th business day from the date the buyer receives the FAA Bill of Sale.

Removal is by appointment only and should be made by the Buyer with the storage vendor only after Buyer has received the necessary Property Release Document. Please see Removal Details for complete removal information.

Lots offered by the IRS-CI are noted in the catalog. The IRS-CI reviews all bidders for IRS-CI offered lots and approval may take up to three (3) business days. This does not change the requirements for payment. Please call ahead before pickup to ensure that the IRS-CI has approved your purchase.

Find answers to common questions about bidding at an online auction.

Contact us at service@cwsmarketing.com with any technical questions about the online bidding process.

CWSAMS has made every reasonable effort to facilitate online bidding. However, it is possible that technical problems and transmission issues may arise and affect the CWSAMS website, bidding system and/or computer or server or your computer, personal device or software which is beyond the control of CWSAMS. By bidding online Bidder acknowledges that CWSAMS is not responsible for technical problems or transmission issues associated with a bid and that, in the event technical problems interfere with or prevent a bid, it may be necessary to withdraw items from bidding due to technical errors or uncontrollable circumstances. Further, in the event of the occurrence of a technical problem during any bid in any auction, CWSAMS in its sole discretion reserves the right to declare an item sold, postpone or cancel the auction, extend the bidding time for this auction and/or re-list the property for auction at another date and time. The decision of CWSAMS on this matter shall be final. Bidder acknowledges that, by bidding in any auction held by CWSAMS, Bidder accepts the terms and conditions of this Disclaimer.

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