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machinery pete
Contributor

$2 Million Machinery Auction in Blizzard - Video

Highlights from December 11, 2010 farm auction I covered in Fairmont, MN, tons of late model equipment....worst winter storm we've had in Minnesota since Halloween blizzard of '91:

 

 

Pete

www.machinerypete.com

 

 

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2 Replies
4wd
Senior Contributor

Re: $2 Million Machinery Auction in Blizzard - Video

Thanks for both videos Pete. Very good quality considering the environment; I have a couple of questions.

 

1. Why the sale? Was it a farming business dispersal? With current prices, hard to believe anyone would quit unless  health issues. Or was this a dealer inventory reduction sale.

 

2. Was this a "buyer's premium" sale where an auctioneer's tax was added to each final purchase price?

 

Thanks again for the good report.

 

 

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machinery pete
Contributor

Re: $2 Million Machinery Auction in Blizzard - Video

Glad you enjoyed the videos...I sure had fun shooting them :-)

 

In answer to your questions:

1. Why the sale?......family health reasons dictated

 

2. only added buyer fee on this auction was for internet buyers...stated at 2.5% for internet buyers.

 

Pete

www.machinerypete.com

 

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