Buying or selling at a confiscated goods auction is indeed a strange proposition as none can say with certainty the source of goods - they can be lost goods or stolen goods mainly if it is a police auction. The goods to be auctioned can include items like cars, tools, electronics, costly jewelry, sporting goods and coins, commercial heavy equipment, real estate, antiques, guns - well, the listing can be anybody's guess. Confiscated goods auction is not to be confused with retail sales and the two have very little in general. Distinct retail stores, auctions are governed by federal laws, state regulations, uniform commercial codes and city ordinances. When you bid and buy at an auction it is deemed a lawful transaction. You must have a bidder's card as or else you can not buy at the auction and to obtain a bidder's card, you must pay a refundable deposit amount as earnest money. After you fully pay for the items you bought or leave the auction without purchasing any items, the deposit is directly returned to you. Occasionally, your deposit is adjusted against the cost of goods you had bought. Auctioneers expect you to take full task for your bids. The instant the auctioneer says 'sold,' the item auctioned belongs to the bidder. This is the rule. Even if your goods are later stolen, you will still have to pay for it. A government confiscated