Posts Tagged 'auction'

Failed banks yield rare auction booty

Banks that have gone belly-up during this year’s financial crisis have left behind some unique items that are being sold at public auctions, reports the business news service Bloomberg.

Business has been good,” said Penny Worley, who opened her [auction] firm in 1993. “This can be a daunting task, because there are so much and so many different things. There’s an occasional Dali. There are rare gold coins.”

via Marijuana-Reeking Tour Bus, Red Ferrari Are FDIC’s Crisis Booty – Bloomberg.com.

A rapper’s tour bus that sold at one bank auction “smelled so bad of pot after one tour that they had to completely pull out most of the interior and replace it,” an auctioneer told Bloomberg.

Hundreds of banks have failed this year, and the FDIC has recovered millions in losses by turning over assets for auction.

While you may not find a rapper’s tour bus, you will find local auctions on this page at Iwanna.com — including images of print display ads that are listed in the right-hand rail of the page.

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Get a bigger bang on the Web

If you’re an entrepreneur or business owner, you’ve got to get the most out of the audience that is on the internet. It’s mostly an 8-5 workday crowd looking for a diversion, and there are many ways to reach them. Social networking, video, auctions, microblogging, etc., all have become new ways to engage people who may want  your product, service or even garage-sale item. At Iwanna, we’ve produced an internet marketing guide that you can download here.

Keep checking this blog for other ideas we find. I just found this one today, which is well worth reading: HOW TO: Get the Most Out of Status Updates

Try your hand at an online auction

Don’t miss our do-it-yourself auction guide. If you’d like to run your own online auction, you might give this a try.

It’s in the navigation bar at the top of the page for easy access.


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