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GOLD BARS AUCTION: The Township of Mahwah is auctioning off a collection of 43 one ounce gold bars that were seized by the Mahwah Police Department. This exclusive lot consists of 23 IGR One Ounce Gold 999.9 Bars and 20 ASAHI Refining One Ounce Troy Fine Gold 9999 Bars. Each gold bar is securely packaged and marked with a unique serial number. These bars have been verified by 3 independent jewelers. They are being sold "As Is."
Q: The 5- 7% is not clear. When I click on more info it shares an example, but not the specific tiers and how the %s apply in this bid. Can you please clarify how the 5-7% applies? Thanks
A: at the top of the page is and "About" tab...under there is the Municibid fee structure
Q: Is sales tax added by the state?
A: you can browse under terms and conditions for info
Q: will tax be added to this lot?
A: No sales tax added from the Township
Q: Could you please post the verification from the jewelers apprasial and are they world certified jewelers or just local jewelery shops nearby. Would like to see information/proof before i commit to bidding Thanks in advance
A: Local jewelers
Q: Can you ship this item?
A: Items are to be picked up, we do not ship. Any shipping would be full logistical and monetary responsibility of the winning bidder.
Q: How much is the buyers premium? Says 7-5%?
A: Click on "More Info" next to the Buyer's fee and it explains the breakdown.
Q: Is a police escort available post pickup
A: No
Q: Are you accepting cash as payment?
A: Payments are made through Municibid
Q: Would the police department be willing to arrange a dedicated time for private pickup separate from the public pick up time? Security is important given this is a large amount of gold and a public auction.
A: There is no public pick up time. The winning bidder will arrange a pick up time.
Q: Is it possible to make a six figure cash offer prior to bid opening?
A: No.
Q: Are this authentic gold bars
A: As it says in the description, they are verified by 3 independent jewelers.
