[Code of Federal Regulations]
[Title 19, Volume 1]
[Revised as of April 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 19CFR127.23]

[Page 623]
 
                        TITLE 19--CUSTOMS DUTIES
 
  CHAPTER I--UNITED STATES CUSTOMS SERVICE, DEPARTMENT OF THE TREASURY
 
PART 127--GENERAL ORDER, UNCLAIMED, AND ABANDONED MERCHANDISE--Table of Contents
 
         Subpart C--Sale of Unclaimed and Abandoned Merchandise
 
Sec. 127.23  Appraisement of merchandise.

    Before unclaimed and abandoned merchandise is offered for sale, it 
shall be appraised in accordance with sections 402 and 402a, Tariff Act 
of 1930, as amended (19 U.S.C. 1401a, 1402). Such merchandise shall also 
be appraised at its actual domestic value in its condition at the time 
and place of examination, whether or not it has depreciated or 
appreciated in value since the date of exportation. The quantity of 
merchandise in each lot shall be reported.