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Too_Many_Tools Too_Many_Tools is offline
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Default Allentown Steel Fab auction......

On Apr 15, 12:50*pm, Randy333 wrote:
On Fri, 15 Apr 2011 07:54:01 -0700 (PDT), Too_Many_Tools





wrote:
On Apr 15, 7:34 am, Randy333 wrote:
On Wed, 13 Apr 2011 22:05:29 -0700 (PDT), Too_Many_Tools


wrote:
On Apr 13, 2:36 pm, Randy333 wrote:
On Wed, 13 Apr 2011 10:50:17 -0400, "Joe AutoDrill"


wrote:
"Randy333" wrote in message
.. .
Anyone going? Most of the machines will not even fit in my building
but I'm going to look around. Some support equipment might be
useful. Preview is today auction on the 14th.


bidspotter.com should have details.


Location is Allentown PA.


Somehow, I got a hold of their paper "brochure" for this auction.... The
stuff there is huge. I was especially impressed with their steel plate
offerings and railroad cars.


If I was eccentric and rich, I'd be snapping up some cool stuff there for my
home. For now, I'll have to settle for the eccentric and not-so-rich stuff.


I just got back they have 4060 lots, they intend to sell it all in a
single day.......Heard the auctioneer say he expects to get through
the first 600 lots in 45 minutes. WOW.


Should have been a 2 or 3 day auction.


Tomorrow will tell.- Hide quoted text -


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Not a good sign.


They will be grouping lots to make that deadline..lots of them.


Sounds like they already have a set of buyers set up.


TMT


They did group a bunch of lots, most was "choice in numerical order"
All in All not bad, I spent all of $33.00 WOW. Was out bid on all
the welders, they did have a few nice pulse MIG machines.


I left at 6PM they had around 800-900 lots to go.


What's a 4 roll plate roller worth? nice one with 1" x 10 foot
capacity. went for 315,000 they said replacement was 2mil.- Hide quoted text -


- Show quoted text -


LOL...so they still had a fourth of the lots to go at 6PM..figures.


How many rings did they have going?


1 ring



Good turnout?


Yes



Any foreign buyers visible buying serious iron?


Not that I saw, many from out of state though... *



FWIW...I have seen some screaming deals in the ending hours of an
industrial auction..quality stuff going for fractions of cents on the
dollar.


In my experience, welders always go high...even the scrap..there are
only a few companies left in that niche and they have an monopoly. I
expect that to change as the older stuff dies off...the newer stuff
has much less value in terms of parts and raw scrap.


Iggy's latest purchase was a real coup in that respect. ;)


I'll look, think I missed the post on that.





TMT- Hide quoted text -


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From Ig...a Master of finding good buys and all around good guy...

" made an incredible buy today too, a Lincoln LN-25 MIG wire feed for
CC and CV machines, together with a gas solenoid option and a
contactor option. The price was $50. The seller, a gorgeous red
headed
woman, was 100% honest with this welder also. "

I do admit that I am disappointed that we did not see a picture of the
redhead... ;)

TMT