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BULK BID OF "BUTFERING" Widebelt Sanders
Item # GB-230825  |  Lot # 003
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Items in Bulk Bid Group:
Current Bid: $ 4,600   Reserve Not Met
The current Bid has not reached or exceeded the Seller's Reserve price for this Lot.
This Lot will not be sold until the current Bid has reached or exceeded the Seller's Reserve price for this Lot.
Next Bid Increment:
 
$ 4,675    
     
Your Bid:
(
Click or Enter Bid)
  Place Your Bid
     
Max. Proxy Bid:
(Proxy Bid)

Proxy Bid:

A Proxy bid is the maximum dollar amount you are willing to bid for a specific lot. The system automatically bids up to that amount on your behalf against competing bidders (if any).

EXAMPLE: You enter a "Max Proxy Bid" amount of $500 when the lot's reserve is met and the high bid is $100.  Your Proxy Bid automatically raises your bid to the next minimum bid amount, which in this example is $125, and thus makes you the current high bidder.  When a competing bidder bids $150, the system again automatically places a next increment bid of $175 for you, making you the high bidder again.  If a competing bidder bids again, proxy bidding continues until your "Max Proxy Bid" of $500 is exceeded by a bid from a competing bidder. If your high bid is not exceeded by the end of the Auction, then you win the lot.

ADVANTAGES: Should your schedule prevent you from participating near the closing of an Auction, your "Proxy Bid" quickly bids on your behalf.  Also, when your and a competing bidder's proxy bids are of equal amount ($500 in the example) at the end of the Auction, your bid wins, because you entered your $500 "Proxy Bid" amount first.

  Place Proxy Bid
# of Bids: 3    Refresh Graphic Refresh
End Time:
1 Day, 2 Hours, 57 Minutes
(4/26/2018  3:15pm EST)
Refresh:   Enable Refresh Every

Bulk Bidding:

Bulk Bidding:

A Bulk Bid is composed of (2) or more individual lots grouped together enabling a bidder to place a single bid for the entire group.  After the lots close, the Bulk Bid closing bid is compared to the sum of the individual lots closing bids. That determines if the lot(s) will be sold in bulk or individually.

The Bulk Bid wins if its closing bid is greater than or equal to the sum of the individual lot closing bids.  

The Individual lots win if the sum of the individual lots’ closing bids is greater than the Bulk Bid closing bid. 

 

Individual lots that do not meet the reserve will count as $0.00 toward the individual lot total.   Also, higher proxy amounts have no value in determining the total of all individual lots in comparison to the winning Bulk Bid.  ONLY the "current high bid" at the close of the lots will be used to determine if the lot will be sold in bulk or individually.  When you are the high bidder of a lot in a Bulk Bid group and the reserve is met, you may increase your own bid by using a "Jump Bid" to improve your chance as the winning bidder for that lot.

Current Total: $ 0 (Sum of Individual Lots) 

Brand/Model: BULK BID OF "BUTFERING"
Year MFG: 2007
Machine Type: Widebelt Sanders
Serial #: 0412200061/62
Elect./Voltage: 460 V, 60 Cy, 3 Ph.
Location: Conover, NC
Dimensions: 0" L  x  0" W  x  0" H
Weight: Lbs (estimate)
Loading: Rigger Required
Comment:

Description:
MAIN Bulk Bid Lot, ... Consisting of Lots # 001, 002.

 Lot # 001 BUTFERING PROFILINE SUR 313 RRR ... Widebelt Sander (53", Bottom 3-head).

 Lot # 002 BUTFERING OPTIMAT SCO 413 RRRR ... Widebelt Sander (53", Top 4-head).


Final Removal Date: 5/5/2018

Contact the Auction Manager:   Kevin Welker   (877) 580-5844 ext. 316 or Kevin.Welker@exfactoryauctions.com.

  

Note: Number of bids and bid amounts shown may vary slightly from real time.