Gaston & Sheehan Auctioneers |
All ItemsNEXT LOT >
LOT # 1001
Currency: USD | Category: Aircraft | Seller: Southern District of Florida | Start Price: $275000 | Increment Value: $10,000.00 | Number of bids: 1

Current Bid: $275,000.00

w/ Buyer's Premium:$275,000.00

Time Remaining:

Bidding Ends: 06/19/2020 10:00 AM CDT

High Bidder: l****y

State Sales Tax: Login for tax rate

Buyers Premium: 0%

Dynamic Closing: All our auctions are set to extend if there is any bidding activity within the last few minutes of the auction close.

Last Updated: 06/08/2020 3:31 PM CDT

1982 Gulfstream G-III (G-1159A) Business Jet; Tail No. N320MK

Equipment: Collins GPS; Dual Collins VIR-32 NAV; Dual Bendix MST-67A Transponder; DME Sperry WR-800 Radar; Triple Collins VHF-21B Comm Radios

Electrical: Air/heat, microwave, lavatory, coffee maker, and has keys.

**Located in Ft Lauderdale, Florida**

Engine Information
Twin Rolls Royce Spey MK511-8 Stage Three Engines
Hours: Estimated ENG #1 - 10,224.4/ ENG #2 - 9,999.4/ APU TT - 7,463.2
Hours SMOH: Estimated ENG #1 - 3,394.9/ ENG #2 - 3,521.8/ APU TT - 7,463.2
Airframe Hours: Estimated 10,853.5

Repairs Needed/ Notes

- Hydraulic pressure issue needs to be diagnosed and repaired.

- Inoperable flight deck instruments need to be diagnosed and repaired.

- Aircraft needs tires replaced. (Tires have hot spots on the mains due to over speed landings or premature braking. Spots of treads showing.)

- Airframe logs appear complete; last inspection performed on December 2017.

- Engine logs appear complete; last inspection performed on December 2017.

- Main hydraulic system has a pressure leak; no obvious fluid leaking is evident, but pressure is falling off. Needs to be inspected.

*** Aircraft Located in Ft Lauderdale, Florida ***


**Approval to Bid REQUIRED**

NOTE: Auction approval can take up to (1) business day. Please contact us at 512-251-2780, Monday - Friday from 8:30 am to 5:00 pm CST to expedite this process.

The aircraft is located in Ft Lauderdale, FL 33309. Preview will be by appointment only. Please contact Gaston & Sheehan at 512-251-2780 or auction@txauction for preview details.

Dynamic Closing: Please note that all are auctions are set to extend if there is any bidding activity within the last few minutes of the auction. Typically each bid will extend the auction another two to five minutes. This feature protects bidders from being outbid without the opportunity to be notified and place another bid before the close of the auction.

Auto-bidding: Please be aware that when placing your “Maximum bid”, the website will bid on your behalf up to your set maximum bid by the preset bid increment. Example: The current bid is $25 and the bidder enters a maximum bid of $50. The system will bid at the preset increment until the bidders “Maximum bid” is exceeded. At that point the bidder will be notified that he/she has been outbid.

No deposit is required to bid at this auction. Winning bidders will receive an emailed invoice shortly after the close of the auction. Pay from that invoice. If you do not receive an invoice within 24 hours, please contact us.  FAILURE TO PAY FOR ITEMS WILL RESULT IN ACCOUNT DEACTIVATION AND DENIAL FROM PARTICIPATION IN ANY FUTURE GASTON & SHEEHAN AUCTIONS, LIVE OR ONLINE.

Use of the Auction Site marks your full and final acceptance of all Terms and Conditions.

All items on this site are sold “AS IS, WHERE IS.” Gaston & Sheehan makes no guarantee as to authenticity, condition, nature, quality, quantity or size of any item and provides NO WARRANTY, expressed or implied as to any item. No oral statements by any employee of Gaston & Sheehan should be taken as any warranty, expressed or implied. Gaston & Sheehan recommends that all Bidders examine items before placing a bid to obtain firsthand knowledge of the items. Failure to view/inspect any property for sale shall not constitute cause of cancellation of sale. It is hereby warned that bidders should not bid on the basis of photography alone. Bidder must rely on their own inspection to verify the qualities of the item. Failure to inspect an item is not grounds for the retraction of a bid, refund, any adjustment of the price, or any action against Gaston & Sheehan. Auctioneers are not responsible for the actions of any consignors/sellers, typographical errors, misprints, error in cataloging, imperfection, defect, damage, failure of equipment, or loss of money. Use this site at your own risk.

By placing a bid through this website, you are entering into a legally binding contract and agree to follow through with the purchase of the item should you win the item. Bidder expressly agrees not to stop payment, dispute or contest this transaction. Gaston & Sheehan and its consignors reserve the right to remove any and all items from a sale at any time. In addition, the US Marshals Service retains the right to reject any bids for any reason or to make counter offers or accept back up offers at their sole discretion.

The Description of the Assets Set Forth in the Documents Accompanying Each Bid Package or Lot is Believed to be Correct, but Any Error or Omission Will Not Constitute Grounds or Reason for Non-Performance of the Contract of Sale, or Claim by Purchaser for Allowance, Refund, or Deduction from the Purchase Price.

State sales tax will be charged where applicable unless a resale tax number is provided.

Items must be removed from sales site within 14 days from auction end date or applicable storage fees will apply.

The Auctioneer has the right to accept or reject any or all bids on behalf of the consignor. The consignor also retains the right to reject any bid, for any reason or to make counter offers or make backup offers at their sole discretion.

Payment must be received in our office within 4 business days of auction closing. Failure to pay will result in account deactivation and denial to register or participate in any future Gaston & Sheehan auctions live or online. Winning bidders will receive an invoice by email with a shipping quote if applicable, within 24 hours after the close of the auction. Please pay from that invoice. If you do not receive an invoice, please contact our office at 512-251-2780 or by email.

Accepted Payment Forms:

  • Cash
  • Cashier’s Check
  • Money Orders
  • Domestic Bank Wire
  • International Bank Wire 
  • Personal & Company Checks with a Bank Letter of Guarantee (Click HERE for example)


Payments to:

Gaston & Sheehan Auctioneers, Inc.
1420 FM 685, Pflugerville, TX 78660

Item is located in Ft Lauderdale, FL 33309.

Payment for auction items will NOT be accepted at pick up location.

Pick up of items is the buyer's responsibility. Retrieval will be by APPOINTMENT ONLY. 

Items must be removed from the sale site within 14 days from auction end date or applicable storage fees will apply.

Location: Florida


Item is located in Ft Lauderdale, Florida. Preview is by appointment only Monday - Friday from 9 am - 4 pm with a 48 hour notice required. Please contact Gaston & Sheehan at 512-251-2780 or for preview details.