Some people should read catalogs!

[wierdscience]

Went to another suckfest auction today.Saw a Miller 135 110v machine go for $750+10% buyer premium+7% sales tax.$877.50 for a $475 welder.
Also saw an $89 Delta drillpress go for $250+ the premium and tax and the list goes on.

I understand that there is always one in every crowd,but today there were so many

Also saw 2.3million#s of new galvanised coil stock sell off in about 20 minutes.

I wanted a roll just to see how far it would go when I un-rolled it Heck,some yellow&black paint and a few number stencils I could have the worlds largest tape measure

[3 Phase Lightbulb]

Were they defective? Sometimes defective items are worth more.. Like a defective minted coin is worth more than a non-defective one. Maybe the same goes with a defective Welder or a defective Drill press

-Adrian

[wierdscience]

No defects,but they did have a certain Patina,does that make them worth more like that nasty old furniture on Roadshow?

I prefer to buy new and let them age naturally if so.

[Your Old Dog]

Isn't it to protect the innocent/stupid that they use numbers on those little signs instead of names?

I have to be careful on ebay because the auctions ending soonist are at the top of the list. Twice I haven't had time to do some research on a weird item and burned myself! It's like catching a fish you didn't really want on the line but he won't let go!

[This message has been edited by Your Old Dog (edited 05-21-2005).]

[bob308]

i have beeen to some auctions where i could have made money going to the store and buying step laders and then putting them up at the sale.

[Rustybolt]

<font face="Verdana, Arial" size="2">Originally posted by wierdscience:
Went to another suckfest auction today.Saw a Miller 135 110v machine go for $750+10% buyer premium+7% sales tax.$877.50 for a $475 welder.
Also saw an $89 Delta drillpress go for $250+ the premium and tax and the list goes on.

I understand that there is always one in every crowd,but today there were so many

Also saw 2.3million#s of new galvanised coil stock sell off in about 20 minutes.

I wanted a roll just to see how far it would go when I un-rolled it Heck,some yellow&black paint and a few number stencils I could have the worlds largest tape measure </font>

More money than common sense. I've seen it before at large machinery auctions.People just get goofy. The one I liked was the guy that bid $8000.00 for a BP. It was a nice machine, but the same machine goes for about 1500 every day. Well. He was happy, and you can bet the owner and auctioneer were happy too.

[C9]

A little off the subject, but not too far.

A guy at work loved to trade for stuff.
He liked a little 'boot' ($$) on top of the trade most times.
He felt like he always had to come out on top, at least a little bit.

The real interesting part was when he wanted a particular item.
He'd have something for trade, but wouldn't part with it for cash.
I'd go down to the tool store and buy the new tool he wanted and swap that.
He was happy cuz he got what he wanted without a cash outlay and I was happy cuz the tool cost less than simply buying his proferred trade item.

Seem more than a few do that one.

[snowman]

I always wondered what the consignment cost was for step ladders and extension ladders.

As well as Harbor Freight tools.

They all bring 20% above new cost.

-Jacob

[PSD KEN]

Guess it is a cottage industry.
I remember years ago, watching hyd. floor jacks, drooling fluid, selling for about 2X new cost.

[Milacron of PM]

<font face="Verdana, Arial" size="2">The one I liked was the guy that bid $8000.00 for a BP. It was a nice machine, but the same machine goes for about 1500 every day.</font>

There is a word of difference, price wise, between a 1990's Bridgeport vari speed, long table, chrome ways, table feed, DRO equipped machine that has virtually no noise in the head and a 1970's Bridgeport, step pully or vari speed with head rattle, questionable ways, no (or antique) DRO, etc.

The really late Bridgeports that still look and sound like a new one are bought by the folks that figure, "well heck, equipped the way it is it would cost over $13,000 for a brand spankin new one, so $8,000 not too bad for one essentially still new"

No way for $1,500 are you gonna get a "newish" Bridgeport with all the goodies.

The point is, the $1,500 Bridgeport and the $8,000 Bridgeport are the "same" machine only to the casual observer.