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8/9/2006

DNR to Hold Firearms Auction on August 26

DES MOINES - The Iowa DNR will host a firearms auction on August 26, at the Tourism Building on the Iowa State Fairgrounds. The gates open at 8 a.m. and the auction will begin around 9 a.m. There is no public viewing before this sale.

The firearms are sold "as is" with no guarantee or warranty. Any person interested in purchasing a firearm at the auction must have either a valid Iowa permit to acquire pistols or revolvers, a federal firearms license, or a professional or non-professional permit to carry concealed weapons. The Iowa permit to acquire can be obtained from a sheriff's office. Allow two to three weeks to receive the permit.

There is a 10 percent buyer's premium that will be added to all sales. The premium is the fee paid for the auctioneer. For example, if the winning bid is $20, the buyer will pay a 10 percent premium, or $2, added to the bid after taxes, so the payment would be $20, plus 6 percent sales tax, $1.20, plus the premium fee, $2, or $23.20.

Payment must be made on auction day. All sales are final. Firearms must be removed from the site within one half hour after the sale of the firearm is completed. Sales taxes will be collected.

The Iowa DNR reserves the right to reject any bids and withdraw any item from the sale at any time.

 

 

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