Mosler Time Locks

We have been commissioned to liquidate the inventory, equipment, tools, and supplies remaining at the ACME Lock & Safe Company located at 1217 Texas Avenue, in Shreveport, Louisiana, through an online only internet auction that will begin to close on April 22, 2021 at 6:30PM CST.  A preview and inspection of the assets will be conducted from 1pm to 5pm on the day the auction closes (April 22, 2021).

There is a 15% Buyer's Premium added to all bid amounts.   

Upon registration, the system will put an authorization hold of $200 on the Bidder's credit card to verify funds of at least $200, however it will not be a charge.  Your Bank or credit card company should release the hold within 3-7 business days depending on your bank's policy.  We will not initiate that $200 hold unless the bidder's credit card declines the charge at the time the invoice is charged or fails to make a timely payment.  The $200 authorization will be converted to a charge in the event of a declined credit card charge at time payment is due.

We are required to collect local and state sales taxes on all purchases.

All items must be paid for in full immediately following the auction with a credit card and a 3% credit card surcharge will apply.  The credit card on file will be charged automatically at 8:30AM on Friday, April 23, 2021 if the invoice is not paid in full by that time, and the 3% credit card surcharge will apply to all credit card charges.  

All items are sold "as is" without warranty of any kind, and with all faults.  It is the responsibility of the bidder to inspect all items carefully before placing a bid.  A preview and inspection time has been set for April 22, 2021 between the hours of 1pm and 5pm, where potential bidders may inspect all items at 1217 Texas Avenue, Shreveport, Louisiana.  We believe that all descriptions are correct, however it is the duty of the Bidder to verify the accuracy of those descriptions. 

All items must be removed on Friday, April 23, 2021 between the hours of 9am and 5pm.  We will NOT have staff onsite at any other time period.  Please do not bid if you cannot pick up your items on Friday, April 23, 2021.  We will have a fork lift available to load out items on the day of pickup.

The auction will begin to close on Thursday, April 22, 2021 beginning at 6:30PM CST, beginning with Lot # 1, and with each lot closing approximately 10 seconds behind the other.  However if a last minute bid is placed on any lot, the bidding will be extended out approximately two minutes on that particular lot(s) giving the second place and other bidders a chance to increase their bids.

We strongly recommend that you enter a maximum bid on lots that you are interested in.  That does not mean that you will pay the maximum bid, and the system will bid in increments up to your maximum bid.  In the event of a tie maximum bid, precedence is given to the bidder who placed the bid first.  If you do not use the max bid feature, we recommend that you be sitting in front of a computer at the time the auction closes, as sometimes mobile phones and tablets have delays and do not work as well as a computer with a good internet connection. 

All items must be removed on Friday, April 23, 2021 between the hours of 9am and 5pm.  We will NOT have staff onsite at any other time period.  Please do not bid if you cannot pick up your items on Friday, April 23, 2021.  We will have a fork lift available to load out items on the day of pickup.