What's wrong with making money? Everyone wants to make money, but it seems they don't want the other guy to make money. Hmmmm.
I've been on both sides of the auction deal, and it's rare that anyone makes a big, hefty profit. The overhead involved in running an auction is bigger than many realize. If the 'house' is keeping inventory, it has to be stored, and moved. this goes triple when the inventory is something like a big tractor. There's also typical rent or fee for the location the auction is using. I'm not defending scam artists, but really the old saw about 'buyer beware' goes double when dealing with auctions.
My best buy at an auction was a 1968 Jaguar XKE. It had been in a barn for 10 years, but it was under a canvas tarp. Which did some damage to the paint, but preserved the rest of the car quite well. Made a pile of money on that. Second best deal was a constant speed prop for a plane. I paid $1900 for it, still in the box with a repair tag on it. Later on, sold it for $11,000.
Was I wrong for getting a good deal? It was an open public auction, the trick is to know when to walk away, and knowing the value of the product you are bidding on.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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