Not always the same person/owner carting the stuff around for a $10 profit.
There used to be a big auction house across the road from my old shop.
They did a lot of bankruptcy and liquidation type sales, half of the sales were industrial and the other half were office equipment.
Most of the sales were held mid week so typically there was two completely different crowds of buyers that would show up depending on what kind of sale was being held.
There were always a few items in each sale that were of no interest to the crowd present but knowing the value was there if the right buyers were attending it was a no brainer.
I would have a quick look at what was in the sale the day before the auction and leave absentee bids on anything decent that was out of the scope of interest for the expected crowd.
More times than not my lowball bids were successful.
I would pay for what I bought and without ever having to move it I would consign it for the next sale that would have the right crowd of buyers present.
The auction owner did not at all mind collecting commission twice on the same item and I made a tidy profit at the same time.
I have known a few guys that work at auctions that do basically the same thing, they know how much most items will bring and if something is going real cheap they jump on it and consign elsewhere.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.
