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After being decommissioned in 1945, the site was used by the MoD for auctioning-off redundant ex-military vehicles and equipment. Held every eight weeks, the auctions were publicly advertised in both local and national press. The site was finally closed in 1983 when operations moved to Bicester. [4]
Surplus Record is a business directory of surplus, new, and used machine tools, machinery, and industrial equipment in the United States. It was founded in 1924 by Thomas P. Scanlan. The monthly directory, which is hundreds of pages long, has been referred to as "the bible of the used and surplus capital equipment industry". [1]
The business boomed through the 1950s and early 1960s. At the end of the war the market was flooded with high quality ex-military optical and photographic equipment. Charles Frank Ltd took advantage of this ready supply by buying these goods at public auctions held when no longer needed by the military and reselling them to the public.
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The ruby slippers from 1939’s The Wizard of Oz are now the most expensive piece of film memorabilia in history. The shoes, worn by Judy Garland as Dorothy in the beloved film, sold at auction in ...
Tax sale: seized assets; Court auction: items sold to satisfy a court judgment, like storage contents of not-paying tenants; Insolvent companies where the government is the liquidator (e.g. official receiver) Unowned property; Often goods sold at government auctions will be unreserved, meaning that they will be sold to the highest bidder at the ...