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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: do you have a copy of the appraisal ?
A: no, they were authenticated by the jewelers and given verbal appraisals
Q: Are these 100% guaranteed solid gold bars as advertised?
A: yes they were appraised by 3 independent jewelers
Q: What happened? Why was this re-listed?
A: The high bidder on the original auction failed to complete the legally-binding transaction within the specified timeframe and is now in material breach of the contract. To ensure Mahwah Township can complete this disposition without further delay, the gold has been re-listed for bidding.
