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Bid History for Rolex Watch - Diamonds and Platinum Band
Auction Start Date: 05/21/12 11:57 AM ET
Auction End Date: 05/31/12 7:30 PM ET
Asset ID: 19   Number of Bids: 9

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Rolex Watch - Diamonds and Platinum Band

Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band  More media
Auction Closed
High Bidder: M****************r
Sold Amount: $22,100.00
Buyer's Premium (7.50%): $1,657.50
Total Price: $23,757.50
View Bid History
Terms and Conditions

2,119 visitors
Make/Brand
Rolex
Condition Category
See Description Jewelry
Rolex Watch - Diamonds and Platinum Band Replacement cost $55,000.00


Seller added the following information on 5/22/2012 3:26 PM:
THE RESERVE IS $20,000.00
Additional Info: appraisal.pdf
Seller InformationSeller Information
Seller Name: 23rd Judicial Drug Task Force, TN  [view seller's other assets]
Asset Contact: (Phone: 615-446-6161)
Asset Location: 175 Rocky Top Dr
Dickson, Tennessee 37055-2653
Map to this location
InspectionInspection

Note: Please inspect items prior to placing a bid. Inspections are by appointment only on Mondays 1pm CST to 4pm CST, Tuesdays 9am CST to 4pm CST, and Thurdays 1pm CST to 4pm CST. See Asset Contact under Seller Information below for phone and email.


Most items offered for sale are used and may contain defects not immediately detectable. Bidders may inspect the property prior to bidding. Bidders must adhere to the dates and times indicated in the item description.

PaymentPayment
Wire Transfer
Wire Transfer is the only payment option for this item. The Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days.


Payment in full is due not later than 5 business days from the time and date of the Buyers Certificate. See Terms and Conditions for additional payment instructions.

RemovalRemoval

ONCE THE ITEM HAS BEEN REMOVED FROM THE SELLER’S LOCATION; ALL SALES ARE FINAL.

All items must be removed within 10 business days from the time and date of issuance of the Buyer’s Certificate. Purchases will be released only upon receipt of payment as specified. Successful bidders are responsible for loading and removal and any and all property awarded to them from the place where the property is located as indicated on the website and in the Buyer’s Certificate.


A daily storage fee of $10.00 may be charged for any item not removed within the 10 business days allowed and stated on the Buyer’s Certificate.


PLEASE CALL IN ADVANCE TO SCHEDULE A TIME FOR PICK-UP!

MediaMedia
Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band Rolex Watch - Diamonds and Platinum Band
Special InstructionsSpecial Instructions
If you are the winning bidder and default by failing to adhere to this seller's terms and conditions, your account with GovDeals WILL BE LOCKED!

GUARANTY WAIVER: All property is offered for sale “AS IS, WHERE IS.” Seller makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. The Buyer is not entitled to any payment for loss of profit or any other money damages – special, direct, indirect, or consequential.

DESCRIPTION WARRANTY: Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for an incorrect description must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of Seller shall not exceed the actual purchase price of the property. ***Please note that upon removal of the property, all sales are final!


PLEASE REVIEW THE SELLER’S TERMS AND CONDITIONS OF SALE.

Questions and AnswersQuestions and Answers
Q: I understand this asset is quite expensive but in all reality what are you trying to get for a reserve? Like 10% of appraisal value? (5/7/12 1:27 PM)
A: We are trying to get as much as the highest bidder will pay. The reserve is set where you will get a great bargain! Good luck! The reserve is $20,000.00 (5/7/12 4:00 PM)

Q: How come the magnifier is not on the date? (5/8/12 2:43 PM)
A: We paid for the appraisal and that's what we were provided. If you call the office we will make every effort to get you the information you need on the item. (5/8/12 3:35 PM)

Q: why do you have you reserved so high and what happens if nobody beats the reserve do you we bid it (5/17/12 4:21 PM)
A: The reserve is set very reasonable. This is a $55,000.00 dollar watch. We will just keep the items if we can't get the reserve. (5/17/12 11:51 PM)

Q: Was this list before? (5/21/12 2:37 PM)
A: Yes it was on last week. Fell just short of the reserve so we decided to run again. (5/21/12 9:36 PM)

Q: Mystery reserve PLUS a 7.5% "Buyer's Premium?? Shouldn't that be "Seller's Premium, since the seller gets the cash?? This is FOUND Money for the Tn Drug Task Force. Tax dollars were appropriated from state taxpayer's (and Feds I'd bet). All proceeds for the sale of seized items go back to the Drug Force or back to the State of TN?? Get a clue folks and sell this to the highest bidder. The $7.5% more than funds the administrative costs for this program... (5/21/12 8:06 PM)
A: Good luck if your intrested in the item! (5/21/12 9:40 PM)

Q: Is this all Rolex or aftermarket bezel and diamonds.Someone has removed face and put it back on wrong.It is not lined up with date.I can not read whats on the appraisal. (5/22/12 10:50 PM)
A: Yes is all real. The man that appraised the item lined it up wrong but the item is 100% real. (5/23/12 11:45 AM)

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