Item Information


Sale-Lot Number:
City, State:
Atlanta, GA
Current Bid:
25,925 USD
Close Time:
07/10 01:11 PM CT (Closed)
Time Remaining:



United States Marshals Service

One stamped and tested platinum lady~s diamond engagement ring with a 2.5mm half round shank with a bright polish finish. This ring features a square, Hearts on Fire Dream diamond held securely in a four prong setting. This diamond is flanked by a matching pair of prong set, half moon shaped diamonds. The sides of the shank including the profile sides are lined with graduated, bead set round brilliant cut diamonds. The open gallery features small, bead set round brilliant cut diamonds. The ring is accented with milgrain detailing. Trademark is J B Star. Identified with markings of "Pt 900." Containing: One prong set cut-cornered square Dream cut diamond, measuring 7.00 x 7.00 x 5.05mm exact weight 2.01 ct. Clarity of SI-2, color of F, cut is ideal. This diamond is laser inscribed on the girdle with Dream and the Hearts on Fire logo 11644. Two prong set half moon cut diamonds, measuring 4.45 x 3.35 x 1.40mm (depth est.) approximate total weight of 2 stones= 0.66ct. Clarity of VS-2, color of F-G. Forty-two bead set round brilliant cut diamonds, measuring 1.80 - 0.80 x 0.78 mm (depth est.) approximate total weight of 42 Stones= 0.34ct. Clarity of VS-2, color of G-H. Total Weight of Diamonds: 3.00ct Total Weight of Engagement Ring: 6.63 gm *****This item requires a bid deposit of $500. Bid deposits must be in the form of a cashiers check or money order and should be made out to G.S.A. and mailed to: GSA, 4QSCA, 77 Forsyth Street, Suite 100, Attn: Tonya Dillard, Atlanta, GA 30303. Prospective bidders must provide their GSAAuctions Login Name, Sale and Lot Number, Address, Telephone Number, and Email Address. Once bid deposit has been received, bid rights will be assigned*****All bid deposits will be returned within four business days from the closing date of the sale. All bidders must be registered via website*****All bid deposits must be received by 12 Noon on July 8, 2015*****Credit cards will not be accepted for bid deposits***** 1531F851570001

Inspection and Removal Information:

Property Location Information:



Inspection and Removal Information:

Property Location and inquiries/questions regarding property inspection and/or removal:

General Services Administration
77 Forsyth Street, Suite 100
Atlanta, GA 30303

Contact: Tonya Dillard
Phone: 404-331-0535
Fax: 404-331-7584

For inquiries/questions regarding contractual issues, contact the following sales contracting officer/property disposal specialist:

Phone: 404-331-0535

For inquiries/questions regarding payments ONLY, see the Payment and Removal section of the FAQ's located at the top right of this page OR refer to the contact information provided on your notice of award email.

Auction Description and Bidding Rules

This is an English auction. At the close of the auction, the user with the highest bid wins the auction, as long as that bid is at or above the auction's reserve price. The reserve price is the lowest price accepted for the item.

Once you submit a bid, you cannot cancel it, but you can replace it with a higher bid. When you submit a new higher bid, it replaces your previous one.

Click the Bid History link to see the bids you have submitted in this auction (My Bids).

Auction Properties

Current High Bid
25,925 USD
Reserve Price
Reserve Price Amount
Bid increment
100 USD
Inactivity period
Run length
Inactivity period for reduction of Bid Increment
Reduction of bid increment
Reduction of bid increment limit
100 USD
Start Time
06/24 09:30 AM CT
Close Time
07/10 01:11 PM CT

Closing Rules:

This auction will end in one of these ways:

  • At the auction close time if no bids (proxy or flat) are placed within the inactivity period, or the auction is not subject to a inactivity period.
  • After the inactivity period has passed without any bids (proxy or flat) being placed.

Note: "N/A" or a blank indicates that the value is not available for this auction.

How To Bid

Placing a Bid

GSA Auctions only accepts minimum and maximum bids. A maximum bid is the maximum amount you are willing to pay for an item. Maximum bids are also referred to as proxy bids. When you place your maximum bid, GSA Auctions will use as much of your bid as needed to make you the current winner of the auction or to meet the auction's reserve price. The minimum bid you can place is either the starting price of the auction, or the current high bid plus the bid increment.

GSA Auctions only accepts bids in whole dollar amounts. Bids in partial dollar amounts, $150.25 for example, will not be accepted by the GSA Auctions system.

Reserve Price

The reserve price is the minimum price that GSA Auctions is willing to accept for an item. If your maximum bid equals or exceeds the reserve price, your bid will be placed at the reserve price.

How Are Tie Bids Resolved in GSA Auctions? If a bidder places a bid with the same proxy bid amount as another bidder, the previous (first) bidder will have the current high bid since their bid was placed first. Both bids are recorded with the same amount, displaying the first bidder with the same amount as current high bid, until another bidder bids higher.

Competing Proxy Limits

When two proxy bids compete, the greater of the two proxy limits always wins. If the greater proxy limit exceeds the lesser proxy limit by the bid increment, then a bid equal to the lesser proxy limit plus the bid increment will be placed. If the greater proxy limit does not exceed the lesser proxy limit by the bid increment, then the greater proxy limit's maximum bid will be placed.

Increasing Your Maximum Bid

You can increase your maximum bid if you are currently the winner in an auction. To increase your maximum bid, enter an amount greater than your current maximum bid. Increasing your bid will not increase your current high bid.

Decreasing Your Maximum Bid

You can decrease your maximum bid if you are currently the winner in an auction. To decrease your maximum bid, enter an amount less than your current maximum bid. You cannot decrease your bid below the minimum bid price.

Maximum Bid / Proxy Bid

Your maximum bid or proxy bid, submits bids on your behalf. You specify the maximum price you are willing to pay. If you are outbid, the system submits a replacement bid at a higher price to keep you in the auction. It will bid as much as your maximum bid but no more.

Your maximum price is not shown to any other bidders.

If the system reaches your maximum bid limit, it stops bidding for you. Submit another bid if you want to continue bidding.

Winning & Trading

The highest bid at the close of the auction wins.

If your bid is lower than the reserve price, you will not win the auction.

Reduction of Bid Increment Notes

The reduction of bid increment happens when there is no bid activity within a specified time for an auction. The system will decrease the incremental bid amount by a percentage upto a limit based on template codes designed for this purpose. All auctions are not subject to the reduction of bid increment rule. Here's an example: A bid increment is set at $25.00 for an auction. A No-Bid-Period has been set for 2 days at a reduction rate of 10 percent and a reduction limit of $20.00. After 2 full days of inactivity for the auction, the bid increment will be reduced by 10 percent now making the current bid increment $22.00. 10 percent of $25.00 = $2.50 rounded to the nearest dollar $3.00. The reduction is repeated for multiple inactivity periods until the reduction limit is reached or auction closes.

Note: When "Compatible" bidding occurs (two or more bids of the same amount are submitted), the "high bid" is determined by GSA Auctions system's evaluation, based on the time of submission and/or by proxy.

To enhance bidder privacy, and protect GSA Auctions users from fraudulent emails, GSA Auctions has changed how User IDs are displayed on the bid history page. Only you can view your User ID, all other members will see anonymous user IDs, such as Bidder*.

As of February 14, 2009 bidders will be assigned the actual bidder number for the sale/lot based on when they placed their bid, if you are the first bidder for this sale you will see Bidder#1, if you are the second bidder you will see Bidder#2.

Bidders in the Auction (Current top 10 bidders)

Bidder Bid Amount Date-Time
Bidder#11 (Current High Bid) 25,925 USD 07/10/2015 12:51:02 PM CT
Bidder#16 25,825 USD 07/10/2015 12:51:02 PM CT
Bidder#5 20,410 USD 07/10/2015 11:59:42 AM CT
Bidder#6 20,210 USD 07/10/2015 11:42:43 AM CT
Bidder#14 19,110 USD 07/10/2015 11:28:49 AM CT
Bidder#15 16,300 USD 07/10/2015 09:59:05 AM CT
Bidder#4 16,200 USD 07/10/2015 09:59:05 AM CT
Bidder#13 15,700 USD 07/10/2015 09:13:46 AM CT
Bidder#9 15,500 USD 07/09/2015 06:21:51 PM CT
Bidder#2 15,500 USD 07/09/2015 06:21:51 PM CT

Your Bids

Bid # Bid Amount Max Limit Status Date

No bids currently

Please confirm location and directions with the property location point of contact prior to scheduling transportation or pickup.

(*) Possible Extension. See Bidding Rules.