Shop Supply Guru
Hot Rolled
- Joined
- May 3, 2016
- Location
- Ohio USA
So one of my large clients was an automotive transmission parts manufacturer and they closed up shop this year. I was excited for the auction to buy stuff (that I sold to them try to get a little cash back from losing the client ). I planned to post on ebay and post certain items on here in the for sale section. I sold this place a lot of what they used carbide and tool holder wise so I know what pricing is. I just attended their bidspotter online auction and it was pure madness. A lot of the tooling was used, metric, random went in big lots for almost new prices. Their were a few items I had my eye on though but they bunched them together in a way that they went for 5k-10k. They bunched lots together of really random stuff (like turning inserts with Custom gear hobs with custom grinding collets) and went for CRAZY MONEY! Half of that stuff won't even be useable unless they are making the exact parts.
Can't believe it
Do many auctions go like this?.... as a guy who sells tooling I think what is the benefit of this. Since you can probably by exactly what you want for maybe a little more.
Can't believe it
Do many auctions go like this?.... as a guy who sells tooling I think what is the benefit of this. Since you can probably by exactly what you want for maybe a little more.