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the French State will sell a (very) small stock of consoles at auction

According to 01Net’s the French State will sell a (very) small stock of consoles at auction
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The French State has announced the organization of an auction of a small batch of PS5. While the console is still out of stock, many buyers should rush to these PlayStation confiscated by justice.

Incredible, but true: the State will organize a PS5 auction. As our colleagues from BFM TV report, the Agency for the Management and Recovery of Seized and Confiscated Assets (AGRASC) will sell PlayStation 5s on October 4 and 5, 2022 in Lyon and Marseille. The auctions will be organized by the famous Drouot house.

PS5s confiscated by the courts

These are consoles confiscated by French justice in the context of legal proceedings. AGRASC only has a meager stock of PlayStation 5s. As can be read on the Drouot website, only two Sony consoles will be on sale. The first batch includes a standard PlayStation 5 and a DualSense controller. For its part, the second batch also includes six games, including Spider-Man: Miles Morales, Watch Dogs: Legion and Ghost of Tsushima.

Other property confiscated by the authorities will also be offered for sale, explains the General Directorate of Public Finances in a press release:

“More than 200 goods of a very different nature will be offered in each sale: prestigious vehicles (Chevrolet Corvette, Ferrari, Jaguar, Porsche, etc.), jewellery, gold coins, diamonds and watches (Rolex, Vacheron Constantin, etc.) , leather goods, paintings and many other lots ».

Note that other high tech products will be auctioned. AGRASC will notably offer a pair of AirPods Pro, headphones with active noise reduction from Apple, at a starting price of 150 dolars.

A starting price of 400 dolars

The two lots are respectively offered at a price of 400 and 450 dolars. The state therefore offers the PS5 at a lower price than Sony. Faced with inflation, the Japanese firm has indeed increased the price of its consoles this summer. The PS5 with disc player has gone from 499.99 dolars to 549.99 dolars. The digital version (Digital Edition) is now marketed at 449.99 dolars, against 399.99 dolars when it was released in 2020.

Bids should quickly match, and exceed, Sony’s suggested retail price. On second-hand sites like eBay, PS5s are still regularly sold between 800 and 1200 dolars. Most machines are offered for sale above 700 dolars. It is therefore very likely that the auctions organized by Drouot will take off.

Note that auctions are accessible online through the Drouot website. Just register and login on the auction date. The products purchased can be shipped to you by the carrier of your choice.

Read also: Sony would consider a version of its PS5 console with a removable Blu-ray drive

Two years after the release, the PS5 is still out of stock

The PlayStation 5 entered the market in November 2020. As soon as it hit stores, Sony’s new home console generated a gargantuan request. Quickly, all the resellers found themselves out of stock. On the second-hand market, the console has made speculators happy. These individuals buy highly sought-after products in bulk to resell them at higher prices on the web. Speculation contributed to the worsening shortage, much to Sony’s annoyance.

Almost two years after the start of marketing, the console is still one of the most sought-after products. It’s still not possible to walk into a store and walk out with a PlayStation 5 under your arm. Despite its best efforts, Sony fails to produce enough ps5 to meet the high demand from players. The shortage of computer chips, the outbreak of the epidemic in Asia and, more recently, the war in Ukraine have led to a chronic shortage of consoles. The Japanese group has, however, committed to increasing production by Christmas 2022.

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