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Gov liquidation auction

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  1. #1
    DevinThaScrapper started this thread.
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    Gov liquidation auction

    There's brass bullet casings coming up to auc at an airforce base near me.. Selling in 55 gallon steel barrels and some weigh as much as 1k pounds. How much would you pay for these? They will Load and my yard will unload... I get around 1.50/lb for brass so.... And it seems to good to be true like they would just take it in themselves. Do you think they will sell for a great deal of close to what they are worth? There's like a total of 15 barrels in seperate auctions... Also is there an age limit to bid?


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    sawmilleng's Avatar
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    Watch the fine print in military auctions....you may have to render them unusable before reselling, although I think this applies more to the bigger brass, like what is shown in Brasscatchers avatar.

    Also, the straight brass stuff will be eyed by the yards, too, as it is easy money for them if they don't have to do any work, other than picking them up. So you may have stiff competition.

    But...as always, good luck!!

    Jon.

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  4. #3
    Mechanic688's Avatar
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    Usually cartridge brass pays less.
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  6. #4
    DevinThaScrapper started this thread.
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    I'll have to check with my hard. Id prob only go up to a few hundred dollars and try it out if I win, if it works out good

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    submarinepainter's Avatar
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    I have gone to a DRMO auction here at the shipyard and watched , It seems fun to bad I work here and The conflict of interest thing arises.
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    I'd be amazed if the yard didn't send someone. I would if I were them.

    But, who knows. Auctions are weird. Out here, I've seen people pay more than retail on items, and I once saw a working farm combine sell for scrap value. You just never know.

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    MattInTheHat's Avatar
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    Gov liquidation auc

    talk to the boss at the yard. you might get a higher price with enough weight
    Currently looking for a job in or related to scrap/recycling. Relocation is possible for the right offer.

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    Iam pretty sure there is an age limit.

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    If I remember correctly from my auction days at DRMO's you must be 18 years or older to bid on there auctions. I would call the DRMO office and inquire to make sure.

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    Normally that brass will shoot up in price at the last minute. Reloading company's will buy it up. Also depending on the yard they will dock for spent brass. Primers can be non brass... Some won't even accept it unless it's been run threw a popping furnace.
    IAP

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    I've been watching those auctions for years and avoid anything specifically relating to scrap metal. The reason? Any yard within 100 miles of that place knows as much or more about the scrap available than you do. They can pay more than you for it and typically have the means to move it. The average scrapper guy with a pickup cant compete with a local yard. Its not likely that all the yards around you will somehow forget to bid on it, so there is .00001% chance of you getting lucky and stealing it away just to sell to a local yard. Sorry, dont mean to be a bubble burster... (i know the post is old but figured I'd throw it out there since it was commented on today).

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    Quote Originally Posted by DevinThaScrapper View Post
    There's brass bullet casings coming up to auc at an airforce base near me.. Selling in 55 gallon steel barrels and some weigh as much as 1k pounds. How much would you pay for these? They will Load and my yard will unload... I get around 1.50/lb for brass so.... And it seems to good to be true like they would just take it in themselves. Do you think they will sell for a great deal of close to what they are worth? There's like a total of 15 barrels in seperate auctions... Also is there an age limit to bid?
    So... What was the result. Someone popped this up and now inquiring minds want to know.

  18. #13
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    Many years back even before I had my place I bought some items at a government auction. I got 2 pallets of IBM Selectric typewriters that were shrink wrapped and could go as they were. I won a few pallets of military clothing and assorted office supplies that could go as they were, BUT the 3 jeeps that I won out of about 40 of them had to be cut in half before they could be taken from the property. Knew about it before I went and just hired one of the guys that won some of the other jeeps to cut mine for me. What he did was cut the best one far to the back and the other 2 he cut toward the front so that you end up with long halves and can put them together with a bit of work. I sold the ones I ended up with as that is what I bought them for. I did well as I ended up with the 3 lowest bid jeeps and they didn't look much different then most of the others. Some had small parts missing, but were on tires with drive trains and most of the body with some damaged from roll overs and accidents. Those were the ones that sold for the most as they were newer and less used before being retired.

    The jeeps I won went for less then $25.00 each the highest priced ones went for around $400.00 and that was just a few. Most sold for around $100 ea.

    I still have one of the typewriters from that auction around here somewhere as I brought it with when I got my place. I used that typewriter for years. Most of them worked just fine with some being like new and some had nice hard cases. I kept a couple of the nice ones with cases and sold and traded the rest and gave one of those to my mother not long after I had got them.

    The right government auctions can be a blast. I have been to many, but only bid and won at a few.

    The county police & sheriff auctions are another great type of auction that you can find many deals at if you know what is what.
    Last edited by ChildhoodDream; 07-03-2015 at 10:21 PM.

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    I have bid on them before and the other bidders must have thought they were made out of gold.

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    Quote Originally Posted by Riversedge View Post
    I have bid on them before and the other bidders must have thought they were made out of gold.
    Reloaders always overpay for these. no reason to even put in a competitive bid, and the big thing to watch out for is blanks, which have no reload value only scrap value

    V/r HT1

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    Research.research

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    just keep bidding until you win......throw caution to the wind and go for it!!!!!!!!!

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    I've been watching these, I don't have enough money for it yet, but I saw some go for a price that I could make plenty of money on still, like close to $500 dollars for about 1,000 lbs, yeehaw, Gotta save some money so I can get going on them.



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