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Grand piano for $5 — the weird and wonderful world of government liquidity auctions

By Mark Frauenfelder

I don’t remember where I stumbled across this website called GovDeals, but it is an online auction platform for government agencies to sell unwanted inventory. It has over 15,000 sellers and 1 million registered buyers.

A quick look around the site reveals you can buy anything from medical equipment to pickup trucks to grand pianos, usually at rock-bottom prices. The catch is, you have to come and get the stuff yourself.

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