Like the frugal seamstress who fashioned a silk purse from a sow’s ear, the State Surplus Property Agency is preparing to sell home furnishings seized for unauthorized substance taxes to help refill state coffers.
In collaboration with the N.C. Department of Revenue’s Unauthorized Substance Tax Division, which seized the goods from a manufacturer in Catawba County, Surplus will sell about 200 lots of custom-made furniture and accessories through sealed bids. Some items carry price tags as high as $1,999, but the final sale prices are expected to be much lower.
The approximately 300 items available include plush sofas and chairs upholstered in exotic leathers and brocades, as well as numerous accessories and bolts of upholstery fabric. The first group of goods went on sale on April 9. The second group of goods will be available for inspection and bid on April 24, visit www.ncstatesurplus.com for details.
Interested bidders are encouraged to review the Terms and Conditions of Sale posted on the Surplus website, including registration and closing bid dates. As always, items are sold “as is” and must be paid for in full and removed promptly.
The revenue generated from all surplus property sales is returned to individual state programs, agencies or the General Fund. The State Surplus Property reports sales of about $21 million annually.
