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Auctions are the perfect mechanism to potentially buy expensive things for a low price. The possibilities could be endless; however, if you are looking for that particular piece, specifically jewelry, where would you go? Let me introduce you to PropertyRoom, a website that sells items via auctions online from stolen evidence provided by law enforcement they sell the police evidence they no longer need. All from the comfort of your home, you will be able to find incredible deals from items that was seized by multiple police departments and agencies around America.
These items that are up for auctions were stolen, and Propertyroom.com simply sells the unclaimed stolen evidence at bargain prices. Propertyroom.com was founded over 20 years ago by a former detective as he understood how the evidence room operated and noticed an opportunity. Based on the model of a brick-and-mortar-style police auction that was just not working-especially since by law the police have to auction seized, found, and unclaimed property based on a statute the former detective knew there was a better way, and Propertyroom.com was born.
All items are shipped to the PropertyRoom warehouse where items are placed for auction. Based on the sales of the items, some of the profits are distributed back to the communities. All jewelry has been inspected by an independent third-party specialist to ensure authenticity and everything is thoroughly inspected to identify counterfeits. Anything that has been identified as counterfeit is destroyed.
I had a really good time looking through the site because naturally, I shop online constantly and love high-end items at a bargain so as you can imagine, I started with the jewelry page, and it did not disappoint. Can you believe most auctions start at $1 and have no reserve while closing daily? Look at the below to see what I mean.
Diamond Heart-Shaped Jadeite Pendant -$700 sold for $374.95 after shipping.
14k Yellow Gold .50ct TW Diamond Ring – 500 – sold for $268.98 after shipping.
1.09ct Diamond Ruby Ring -$650- sold for $359.95 after shipping.
It is really easy to use the website, and some of the features I noticed were:
- Registration is painless and free.
- There is no cost to bid- you only pay if you win.
- Paypal is accepted
Descriptions have a lot of detail just in case you wanted to do some comparison shopping to ensure you were getting a good deal or perhaps wished to resell (side hustle anyone?)
Shipping details are included so you can know when to expect your item.
It is worth going through all the pages because they often have top name brands in good condition along with high-quality gold, silver, and gemstones; For example, I saw a couple of Tiffany bracelets! If you are in a hurry, the search works as well, but I would not have known some of the items to search for until I stumbled across them. I would have hated to miss out!
Some other reasons to buy items via online auction:
- Experience & Convenience! I find purchasing items via auction is exciting and can be personal where you can buy some things that you probably thought were out of your price range, and you are saving gas money and time based on a couple of clicks and days you will have your item delivered at your doorstep.
- Eco Friendly – Second-hand goods are the same as promoting sustainability and recycling and buying via auction gives you the ability to get your hands on quality items as opposed to always having to buy new ones.
- Quality – If you get lucky to get some inexpensive, high-quality items, then you can use them and also sell later if needed. High-quality items tend to last longer.
So you got the details. Let me know your experiences and some of your good finds!
What do you think?