Up for bid: 1,000 Panasonic IP cameras (and more)

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03/04/2010
While the Vancouver Police angle to get a say in how the leftover cameras from the Winter Olympics get used going forward, it's apparent that not all of those cameras will be sticking around anyway. Here's 1,000 of those cameras being auctioned off. Get your bids in now! Actually, it's a lot more than just 1,000 cameras:
* (1,000) Network Fixed Dome Cameras: Panasonic type WV-NW484S - (1,000) 1/2" 4.5~12.5mm Day/Night IR Lens - (1,000) 15~50 F1.5 1/3" Auto Iris Lens - (1,000) Camera Mounts * (90) PTZ Cameras and mounts: Panasonic type WV-NW964 * (2,000) IR Illuminators: Raymax type RM50-AI-30, RM100-SI-30 * (4,000) PIR Detectors: Xtralis type PRO-45H, PRO-100H, PRO-250H, PRO-18WH
They're being sold by Honeywell Building Solutions and they were apparently purchased new for the 2010 winter Olympics. So, why isn't Honeywell BS just keeping the equipment around and using it on other jobs? Were they leasing the equipment to the Olympics, or are they just reselling it for them and then giving them the money? Does the Olympics not care if they get the money back? I've got a few calls in but I'm not getting anything immediately back. I've also got a call in to the auction people about whether you have to buy the whole lot or not. I'm guessing you do. Seems like a big parcel, though. What's the winning bid on that? The domes retail on Google for $825. The mounts are another $215 each. I can't find pricing for the IR illuminators or the PIRs, but they aren't free. So, $2 million or so? Who's going to bid on that? I'm kind of fascinated by this.

Comments

[...] I've never seen an auction like this in security. 1,000 Olympic-used IP domes: http://www.securitysystemsnews.com/blogs/?p=2920 [...]

[...] RT @Sam_Pfeifle: I've never seen an auction like this in security. 1,000 Olympic-used IP domes: http://www.securitysystemsnews.com/blogs/?p=2920 [...]

In past experiences, used hardware typically takes a 30-40% hit in value from original cost. If I use dealer pricing and average out the quantities for comparable material, I am coming up with dealer cost of around $3M. On the high end, at a 40% reduction, that is still well over a street value of $890k for the gear. If no one buys hits the reserve amount set from HSM, will their sales people be pushing Panasonic forever?