SHAWNEE, Kan. - Update: The IRS auction brought in $35,000. A 2008 Lexus sedan sold for $17,700. A diamond ring, plus a basketball signed by Larry Bird, Magic Johnson and Michael Jordan, were both auctioned each for $1,500.
A local IRS auction includes some items that have some people buzzing.
"I will definitely be here. There's tons of great things. I'm interested in about half of it," shopper Misty Ewing said.
Items for sale include sports memorabilia, home furniture, guns, electronics and even a 2008 Lexus sedan.
"I know that the Kelly Blue Book came in at $17,000 for the car. But more than likely it will come in for sale at less than that," said Eileen Foy with the IRS.
The IRS will auction off everything Wednesday. Some of the rare sports memorabilia includes a baseball signed by Pete Rose, jerseys autographed by Kobe Bryant and John Elway and a basketball signed by three former kings of the court with the names of Bird, Johnson and Jordan.
The IRS held an open house Tuesday afternoon for people to see what is for sale at Lindsay Auction Service in western Shawnee, Kan.
“I want to know the back story. Who owned it? How did they acquire it? Where was it at? It's interesting,” Ewing said.
All of the items once belonged to a Lawrence, Kan., man. The IRS seized them, and money raised will go to pay off his outstanding tax bill of more than $366,000.
"We are a lot busier. We’re all over the country. These sales are being done everywhere all over the country," Foy said.
Organizers price below the appraised value. That means buyers may walk away with some incredible deals.
The auction begins at 10 a.m. Wednesday with registration starting at 9:30 a.m. Lindsay Auction is located 4795 Frisbie Road in Shawnee. For more information and a list of items to be auctioned, visit http:// tinyurl.com / 9rs64hq .
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Top Call For Action Headlines
A mailing address error leads to an arrest warrant being issued for a man who was unaware he had been ticketed by a red light camera.