Lone Star Auctioneers, Inc.

Company Info

Phone: 
(817) 740-9400
4629 MARK IV PARKWAY
Fort Worth, TX 76106-2213
United States

The Officers and employees of Lone Star Auctioneers strive to attain the highest possible net return on assets to our clients in the highest ethical fashion. Working to maintain absolute integrity of assets and processes within the scope of each contract in all of our business practices. We seek to provide responsive courteous service to our clients and the buying public.

Our clients deal personally with the C.E.O. and President of our firm. The three officers of the firm are the primary auctioneers and personally sell each auction. We have an experienced, motivated and talented staff trained and cross-trained in all phases of the auction industry.

Lone Star Auctioneers is a certified woman-owned, woman-run small business headquartered in the Dallas/Fort Worth Metroplex. Lone Star is a full-service firm providing a full range of auction services to all levels of government: city, county, state and federal. We have sold virtually every type of commodity for various government entities in cities around the U.S. We also provide turn-key auction services to financial institutions, commerce, and industry.

Lone Star sells the jewelry, gold and silver, fine art, antiques and collectibles seized and forfeited nationally for the U.S. Marshals Service as well as forfeited vehicles locally in several USMS districts. In addition, we sell surplus vehicles, heavy equipment, and miscellaneous surplus for the State of Texas. We also have sold the unclaimed contents from safe deposit boxes for the states of Texas, California, Colorado and others. For city and county governments and school districts, Lone Star sells surplus vehicles and equipment, police pursuit vehicles, unclaimed property, impounded vehicles, seized vehicles, office equipment and furniture and much more.

LoneStar Trailer and Truck We are small enough to provide personal attention to each client and yet large enough to handle complex contracts in a number of different states. Contracts with clients such as the State of Texas require three separate, simultaneous auction rings. The national U.S. Marshals Service Jewelry contract and Unclaimed Property auction contracts for Texas, California, Colorado and other states require auction staffing utilizing up to thirty (30) members of our regular staff.

Lone Star Auctioneers has been incorporated in the State of Texas since 1984 and has been specializing in governmental auctions since 1985. In that period of time we have performed over 4,000 successful auctions, selling over a quarter billion in assets. We have increased revenues for almost every client for whom we have ever worked. We currently conduct over 900 auctions per year on average, mostly for government clients.

Marilyn K. Burgess is our C.E.O./President and majority shareholder. Ed Lanford, Jr., C.O.O., is the minority shareholder. Together, they are the founders of Lone Star and own 100% of the company. Ms. Burgess' brother Bill is Vice President of the firm. The three officers and principal auctioneers of the firm have been trained auctioneers for over 95 years collectively.

LoneStar Team at the State of Texas Auction in AustinOur crews are all auction experienced, trained and cross-trained. Most members of our team have been with Lone Star for many years. We are well educated and come from a variety of backgrounds including finance, education, petroleum, manufacturing, equipment, agriculture, banking and government.

Our on-site auctions are fully computerized. This allows us to provide complete and accurate documentation and reconciliation to our clients immediately upon completion of each auction.

Lone Star Auctioneers has had 24/7 Online auctions running continuously since July 31, 2003. Our Online clients and auctions have increased steadily in number since that time, as have the range of types of items sold. Lone Star’s Online auction schedule has grown incrementally as different clients have explored the advantages, profitability and ease of Lone Star’s 24/7 Online auctions.

Lone Star Auctioneers, Inc.'s Auctions

Date
Title
Auction Type
Location

2019January

Auction Date:
01/21/19 to 01/25/19
Auction Type:
Online
Location:
Online
Auction Date:
01/25/19
Auction Type:
Online
Location:
Online
Auction Date:
01/28/19
Auction Type:
Online & Onsite
Location:
Dallas (online), TX
Auction Date:
01/29/19
Auction Type:
Online
Location:
Online