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A public boat auction features various neglected sailboats and powerboats, with many vessels selling for minimum bids of $500.15:32 The auction process includes a preview hour where potential buyers inspect the deck, cockpit, and interior of each boat before bidding begins.2:32 Several vessels remain unsold due to a lack of interest, while others sell to bidders for prices ranging from $500 to $575.14:37 The auctioneer manages the bidding, often starting at $400 or $500, and requires bidders to provide a bidder number upon purchase.14:31 The vessels vary in condition, with some showing significant wear, storage clutter, and signs of previous long-term occupancy.5:16 The auction serves as a venue for acquiring low-cost project boats, though the inventory list is not provided to all attendees.

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