PropertyRoom.com is launching "no reserve" online auctions starting at $1 for items such as diamond rings, Rolex's and iPods. The company is enticing bargain hunters, asking in its announcement, "What if the merchandise was stolen but it was still legal to buy? Sound too good to be true? Not at PropertyRoom.com, the largest site for online police auctions."
PropertyRoom built its site through its police auction inventory through its connections with law enforcement agencies all over the country.