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Item # TQ-230215  |  Lot # 2
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Current Bid: $ 3,500   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:
$ 3,575    
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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.

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# of Bids: 1   
End Time:
16 Hours, 7 Minutes
(6/18/2018  2:15pm EST)
Auto Refresh:   Enable Refresh Every

Brand/Model: KING "72" 4-JAW"
Year MFG: N/A
Machine Type: VTL/VBM
Serial #: N/A
Elect./Voltage: 220/440 V, 60 Cy, 3 Ph.
Location: Savannah , GA
Dimensions: 144" L  x  144" W  x  168" H
Weight: 70,000 Lbs (estimate)
Loading: Rigger Required

Vertical Turret Lathe!

  72" 4-Jaw chuck

  Swing 76"

  Distance under rail 70"

  Table speeds 1.39 - 45.5 RPM

  30 HP Main motor

  Ram head & turret head on elevating rail


  Includes: Adjustable chuck jaws

Final Removal Date: 6/26/2018

Contact the Auction Manager:   Bill Merrigan   (877) 580-5844 ext. 444 or bill.merrigan@exfactoryauctions.com.


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