"The golden ring started at 1 yuan, after 15 rounds of bidding, was finally successfully sold by enthusiastic bidders for 2,201 yuan." On October 17, Teng County People's Court completed the first "one-yuan auction" criminal property auction in the region. It took only 21 days from the case filing to the disposal, creating two firsts in the execution field in the autonomous region. According to the data from the Alibaba auction platform, the ring involved attracted a total of 10,099 people, and 65 people participated in the auction. What is the "1 yuan starting shooting" of
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On October 19, the reporter learned from Teng County Court that the original owner of the ring was Qin, who was sentenced to four years in prison and a fine of 30,000 yuan by the Teng County People's Court for the crime of theft. During the execution, although the law enforcement department has sealed the ring in accordance with the law, when it comes to the auction and disposal process, how to determine the retained price of the ring has become a difficult problem. According to the previous online auction process, to determine the retention price, a professional appraisal agency must first appraise the material and purity of the ring, and then conduct inquiry or price evaluation. However, since this case is a criminal property criminal execution, no one will pay the relevant appraisal and appraisal fees in advance. If the administrative approval process for applying for payment plus the subsequent selection of institutions to appraisal, appraisal, and until it is put on the shelves for auction and delivery, it will take at least two or three months, and the final auction transaction proceeds may not even be enough to pay the appraisal fees.
Tengxian Vice President Gao Yun admitted that on the one hand, the court has a situation where there are many cases, fewer people, and shorter trial limits, and on the other hand, it is the risk of the execution subject matter depreciation over time. To this end, the judges of the Execution Bureau of Teng County Court through a thorough study of Article 5 of the "Regulations of the Guangxi High Court on the Operation Process of Online Judicial Auctions", and under the guidance of the Execution Bureau of the Wuzhou Intermediate Court of , fully utilized their subjective initiative. Finally, after consultation with the Alibaba auction team, they determined the auction plan: "Relying on the Taobao judicial criminal items involved in the case, the auction starts at a price of 1 yuan according to the current situation. In the "HTM1 Auction Announcement ", the status and bidding risks of the ring should be fully disclosed, and the bidders should be reminded to take a look on the spot." Subsequently, Deputy Director Wang Qiang, the Execution Bureau of Teng County Court, quickly drafted an announcement, "on the shelves" on September 28, and forwarded the auction information through WeChat public accounts, circle of friends, etc. Soon, the news of "the first 1 yuan auction ring in Guangxi District" spread widely, and the number of applicants quickly rose by more than 65.
At 10:00 am on October 16, the auction officially began. The first place bid 1 yuan, and the second place bid 101 yuan after just 1 second, and the first place was eliminated. The price starts for 5 minutes, and the price starts from 1 yuan, with an additional price of 100 yuan each time, and it is increased to 901 yuan. Then one suddenly increased the price to 1,801 yuan, and then the price was 100 yuan for each bidding. At 15:53 on the same day, after 15 biddings, the price was finally set at 2,201 yuan, until the auction ended at 10:00 a.m. on October 17, and the lot was finally sold at a premium of 2,200 yuan.
Vice President Gao Yun said that compared with the traditional criminal property disposal methods, the "1 yuan starting price" system attracts the attention of potential bidders because of its own marketing effect. The actual transaction price is more likely to exceed the original expected value because the premium is much higher than the original expected value, which ultimately maximizes the rights obtained by creditors or government financial departments.
Wuzhou Municipal Court Execution Bureau innovatively explored the "1 yuan starting" system for criminal property involved in the case. Because it effectively reduced some cumbersome processes, it not only helped to increase the efforts to "sweep the gangster and eliminate evil and eliminate the financial and blood" during the execution process, completely eradicate the economic foundation of criminals, but also greatly improved the disposal efficiency of execution objects by fully leveraging the laws of market value. After Teng County Court made the exploration of this new model, it has caused courts across the district to follow suit, providing a new direction for solving the dilemma of difficulty in cashing out property involved in criminal cases and low execution rate, and has become a new highlight of the work of courts across the district in the Internet information age.
Reporter: Li Jiyuan
Correspondent: Wang Qiang, Su Gang, Zhu Yuwang
