Editing Auction (section)

===Auctions by authorities===
{{See also|:Category:Governmental auctions}}
[[File:Delinquent property tax lien list.jpg|thumb|[[Pima County, Arizona]] delinquent property tax list for auction by the County Treasurer]]
A [[government auction]] is simply an auction held on behalf of a government body generally at a general sale. Items for sale are often surplus needed to be liquidated. Auctions ordered by estate executors enter the assets of individuals who have perhaps died intestate (those who have died without leaving a will), or in debt. In legal contexts where [[force (law)|forced]] auctions occur, as when one's farm or house is sold at auction on the [[courthouse]] steps. Property seized for [[Tax sale|non-payment of property taxes]], or under [[foreclosure]], is sold in this manner. [[Police auction]]s are generally held at general auctions, although some forces use online sites including eBay, to dispose of lost and found and seized goods. [[Debt]] auctions, in which governments issue and sell [[Public debt|debt obligations]], such as [[Bond (finance)|bonds]], to investors. The auction is usually sealed and the uniform price paid by the investors is typically the best non-winning bid. In most cases, investors can also place so-called ''non-competitive bids'', which indicates interest to purchase the [[public debt|debt obligation]] at the resulting price, whatever it may be. Some states use [[Court auction|courts to run such auctions]]. In [[spectrum auction]]s conducted by the government, companies purchase licenses to use portions of the [[electromagnetic spectrum]] for communications (e.g., mobile phone networks). In certain jurisdictions, if a [[Self storage|storage facility]]'s tenant fails to pay rent, the contents of their locker(s) may be sold at a public auction. Several television shows focus on such auctions, including ''[[Storage Wars]]'' and ''[[Auction Hunters]]''.