More auction madness....

[Luntz]

Auction took place today in SoCal..........big stuff is cheap, little stuff is pricey.
Vertical mill went for $700, the Gerstner chest $225. Plus 18% auction fee plus 10% Cal state sales tax..
Tally up the raw material and man power to produce each item......staggering difference.
The amount of steel, motors, precision gears etc!
Versus a wood box.
I slipped out the back with this Charles Parker. Gonna cost me more in gas than what I paid for it lol.










Mill went for

 

[Shiftless]

Sounds typical.

I attended an auction years ago where mills like that one didn’t even bring an opening bid. Minimum was only $5
But mostly worn out, big vises brought hundreds of dollars.
Buyers had to remove equipment immediately and disassembly was prohibited.

 

[Oldtuleguy]

Smoking deal on that mill

 

[Luntz]

It'll cost more to move/install it than the purchase price.

 

[bmwrd0]

Big stuff goes cheap, as most of us don't have the room for it at home, nor the desire to pay for riggers to get it moved.

Six-inch Craftsman lathes go for decent coin, and so do small mills and shapers. Big stuff will sit. I was at an estate sale this weekend and a three-phase horizontal mill got zero attention. Small drill presses? Flew out the door, as you can put them in your truck.

 

[Oldtuleguy]

You know you want one!

 

[53Mike]

Dialed into an auction for a pharma manufacturer in Vacaville just before Xmas.
Picked up an Advance Tabco 24" x 96" Enclosed SS base table or cabinet. $325 +18%+sales tax.
and a Jamco 36" x 54" x 18" SS 2-door cabinet, $410+18%+sales tax.
The best one in Oct was a Novatek Voyager floor drill press, $25+18%+sales tax
$25 rigger fee on the drill press and Jamco cabinet.
One needs to be patient. And don't get caught up in over-bidding.
Cheers !
Mike K.

 

[Packard V8]

That Tree mill for $700 was a steal. I'd buy them all day long for that. The chest, wouldn't pay $225, wood I?

jack vines

 

[joe_padavano]

That Tree mill for $700 was a steal. I'd buy them all day long for that. The chest, wouldn't pay $225, wood I?

jack vines

Yeah, I was thinking the same thing. I have the same Tree mill and I paid twice that for it about 20 years ago.