FA: IRS auction 8/24/2005 [US, Sartell, MN]

[vietofmars]

Was looking through IRS auctions and found this

http://www.treas.gov/auctions/irs/samn_comm_938.htm

Notice of Public Auction Sale
 
Under the authority in Internal Revenue Code section 6331, the property described below has been seized for nonpayment of internal revenue taxes due from the taxpayer. The property will be sold at public auction as provided by Internal Revenue Code section 6335 and related regulations.
 
 
Date:   8/24/2005
Time:   10:00 AM
 
Sale Location:    209 14TH Ave East Sartell, MN
 
Title Offered:    Only the right, title and interest of the taxpayer in and to the property will be offered for sale. If requested, the Internal Revenue Service will furnish information about possible encumbrances, which may be useful in determining the value of the interest being sold.
 
Description of Property:    Approximately 46 coin operated Arcade games - see List of Inventory link
 
Property May Be Inspected at:    209 14th Ave East Sartell MN on August 23 from 3-6 PM only.


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Some pins and other stuff.  There's links to full list and pics

[AlanS17]

Why can't we get something like that here?

[ChadTower]

Holy crap that's like $20,000 in pins.

[AlanS17]

... and unless it gets spread around RGVAC or something, there may not be a whole lot of competition for bidding.

[AlanS17]

Holy crap that's like $20,000 in pins.

That's the first thing I noticed too.

[daywane]

I hated to work on pinball games

[Crazy Cooter]

Have trailer hitch... will travel.

SW metro.

[ChadTower]

Wow, someone could walk away with some insanely good prices, assuming they don't all have liens on them.

[ChadTower]

I don't know, some of the titles listed have a really high book value once shopped and clean.

[Crazy Cooter]

After they reached $21,000, they sold the remaining games (including most of the video I guess) as one single lot to a single buyer who stated he was going to eBay all the games.

wtf?

[ChadTower]

They won't get parted out, most of those were very late model machines with high price tags.  There aren't enough in need of parts to make as much as you would selling them complete.

[AlanS17]

Wow, some people just aren't very smart, I guess.

I'd like to see something like that here, but not if it's gonna be crappy like that.

[ChadTower]

Every one of those pin prices listed is under market value.

[Crazy Cooter]

The Twilight Zone was non-working, I didn't ask specifics when I spoke with the guy arranging the auction because I knew it would go for more than I would have brought, and I doubt he would have known anything about it anyhow.

I didn't expect those vids to go that high.  I figured $200-250 for APB and maybe $400-500 for the pac/ms pacs.  I'm glad I saved my fuel.  I'll stick with my sources.

[ChadTower]

I'm just going by what a friend who is into pinball said. (I disclaim any ability to judge--I've never looked into pinball)