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Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers/pack & ship companies information on our website as a courtesy, they are 3rd party contractors, Koster Industries is not responsible for rigging charges, damages, etc.
We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS.
Automecha - CNC Turning & Fabricating Facility
Auction Date & Time: lots start closing on Thursday October 31, 2019
Location: 48 S. Canal Street (NY-12) Oxford, NY 13830
Inspection: Wednesday, October 30th from 8:00am to 4:00pm
16% Buyers Premium applies on all online purchases.
Riggers:
Pedowitz Machinery Movers (Ray) - 917.939.2975 / ray@pedowitz.com
Koster Industries reserves the right to require a credit card or debit card pre-authorization deposit of $500 in order to be approved to bid within the auction.
Featuring:
CNC LATHE (with live tooling)
Okuma LB15II-MW CNC Lathe, subspindle & live tooling, 20.87” swing, 13.99” swing over cross slide, 29.92” between centers, 13.78” max turning diameter, 3800 RPM, 12-position turret, 15HP continuous, collet nose, chip conveyor, FMB turbo 10.65 / 4200 bar feed, OSP7000L control, S/N: 0902-3465
CNC SWISS TYPE LATHE
20mm Citizen “Cincom L20-5M7” CNC Swiss Type Lathe, Meldas 635LC control, Citizen CAV20L-1S bar feed, S/N: 010951 (2000)
CNC TURRET PUNCH
30 Ton Amada “Pega 357” CNC Turret Punch, 58-station, 350 SPM, [2] sheet clamps, auto indexing, 142” x 72” ball transfer table, [2] auto indexers, thick turret, Amadan 04PC control, S/N: P357-13630H (1989)
CNC PRESS BRAKE
35 Ton x 48” Amada RG-35S CNC Hydraulic Press Brake, 3.94” stroke, 7.87” throat depth, 14.56” die height, NC9-EX control, S/N: 353644 (1987
POWER SHEAR
10’ x 10ga. Wysong 1010-RD Mechanical Power Squaring Shear, 72” squaring arm, [2] front supports, 24” front operated power back gauge
BELT SANDER
1998 36” Timesaver GR2100-900WSF Vertical Belt Sander, Torit 24-FB-55 explosion proof 7.5HP dust collection system
LATHES (all types)
14” X 40” Nardini MS1440E “Mascote” Gap Bed Lathe, 18 spindle speeds, 25-2000 RPM, inch / metric threading, quick acting draw bar, Camloc spindle, S/N: A9HDWS691
Hardinge DV-59 2nd Operation Turret Lathe, cross slide, push button vari-speed, quick acting draw bar, S/N: DV-59-17541
CYLINDRICAL OD GRINDER
6” x 18” Sharp OD-618A Programmable Cylindrical Grinder, motorized work head with 5C drawbar, wheel balancer, S/N: G20040
SURFACE GRINDER
6” x 18” Boyar Schultz Hydraulic Feed Surface Grinder, permanent magnetic chuck
PUNCH & DIE GRINDER
Amada TEG-160C Punch & Die Grinder, 0.75kw, 6” 3-jaw chuck, S/N: HD1556
VERTICAL MILLS
Bridgeport 1-1/2HP Vari-Speed Vertical Milling Machine, 9” x 42” power feed table, 60-4200 RPM, R8 spindle, S/N: 12BR-144147
Bridgeport 1HP Vertical Mill, 9” x 42” hand feed table, 8 spindle speeds, 80-2720 RPM, R8 spindle, S/N: 12BR-62499
OVEN & SPRAY BOOTHS
Despatch PSC-3-23S 500˚ max oven, 86” high x 72” wide x 72” approximate inside dimensions, natural gas, digital timer, 250,000 BTU / HR, double door pass thru type, S/N: 127145
JBI Spray Booth, 80” high x 72” wide x 72” deep approximate inside dimensions, exhaust
Paint Booth, 80” high x 72” wide x 84” deep inside dimensions, exhaust
INSERTION PRESSES
6 Ton Pemserter Series 4 Insertion Press, S/N: H4-1801
4 Ton Pemserter Series B49 Insertion Press, S/N: 0139
SAWS (all types)
10” X 10” Startrite H250 Automatic Feed Horizontal Bandsaw, production counter, power head elevation, 5-speed, 50-300 FPM, 1.9kw, S/N: 89453
16” DoAll 1612 Vertical Bandsaw, welding / grinding attachment, 5200 FPM, vari-speed, S/N: 237-72343
Scotchman CP0350NF Cold Saw, 2.2 / 2HP, mitre cut, Elgo digital pre-cut set, S/N: B1644NF1004
SPOT WELDERS & WELDING MACHINES
50-KVA Peer AR-450 Spot Welder, foot pedal, weld timer, 24” throat, 230V
30-KVA Western Arctronics Spot Welder, 27” throat, timer, foot pedal, S/N: FH809
Linde VI-252 Power Supply with Wire Feeder
Lincoln Idealarc Tig 250 / 250 Variable Voltage AC / DC Arc Welder
Hobart Tig Wave 250 AC / DC Welder
DRILL PRESSES
14” Delta 4-Spindle Gang Drill, [3] tapping heads, drill chuck, 51” x 16-1/2” production table
15” Walker Turner 1326-41 Bench Drill, S/N: 0000921
Burgmaster ¼” Bench Type Turret Drill, 6-position turret, S/N: OB-9344
15” Clausing 1769 Vari-Speed Floor Type Drill Press, Quadrill attachment, 330-4000 RPM, S/N: 524790
MISCELLANEOUS MACHINERY
10 Ton Anderson HP010 Hydraulic Straightening Press, 48” overall table, centers, S/N: 31685
Kidder 5” x 5” Hydraulic Notcher
Eraser C100S Rotary Wire Stripper
Erdger AT-200 Rotary Wire Stripper
Baldor #502 1/2HP Double End Carbide Grinder
Kalamazoo 6” Belt / 12” Disc Combination Sander
6” Delta 31-520 Vertical Belt Sander, S/N: EZ-5267
Central Pneumatic #38440 Bench Type Reach-In Shot Blast
CMC Automation Associates Spin Riveter
Jet Dust Collector
#3 Greenerd & #3 Enco Arbor Presses
APS Big Dipper Solder Dip
3/4HP Craftsman Double End Pedestal Grinder
FORKLIFT TRUCK
3200# Nissan EB01 Electric Forklift Truck, 118” reach, double mast, pneumatic tires, S/N: EB01-000597
AIR COMPRESSORS & DRYER
25HP Ingersoll Rand SSR-EP25SE Rotary Screw Type Air Compressor, 95-CFM, 125-PSIG, digital touch panel, S/N: KE4048U97006
15HP Ingersoll Rand 10-T-13015TM Horizontal Tank Piston Type Air Compressor, S/N: 451947
Zurn / General Air Div. R10A Air Dryer, 200-PSIG, 1/2HP, S/N: R14736
MISCELLANEOUS TOOLING & SHOP SUPPORT
Including: large quantity of Amada punches & dies, Amada brake tooling, oxy / acetylene cart, welding tables, scales, welding clamps, insertion hardware, scissor carts, pallet jacks, pallet racking, steel shelving, lathe tooling, collets, vises, tool boxes, solder guns, work benches, Dumore tool post grinder, tool posts, R8 collets, c-clamps, angle plates, drills, taps, milling cutters, lift carts, chucks, wire strippers, etc.
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
You can also start a live chat with a Bidspotter Support Representative by selecting Live Chat at the top of Bidspotter.com. More information on our chat system can be found by clicking here.
Customer Support Hours:
Email: support@bidspotter.com
Office: (253) 858-6777 Toll Free: (866) 597-2437
T E R M S O F S A L E
NOTICE: All Bidders and other persons attending this sale agree that they have read and had full knowledge of these terms and agree to be bound thereby.
Posted Payment Due Date: 24 Hours from receipt of invoice
Posted Last Day of Removal: Friday, November 8th
BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)
OUT OF COUNTRY RESIDENTS WILL NOT BE APPROVED TO BID WITHOUT A REFUNDABLE DEPOSIT PRIOR.
DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.
PAYMENTS: All payments must be made in the form of Cash, Wire Transfer, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with the account.
Manner of payment is to be made out to Koster Industries Inc. Payments are due upon posted time of payment, any payments over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell any and all lots purchased.
BUYER BEWARE: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCHASE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk, and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling/moving machinery - NO EXEMPTIONS.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers/pack & ship companies information on our website as a courtesy, they are 3rd party contractors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS
.
RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery or for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.
CLAIMS: No claims will be allowed after removal of goods from premises. Koster is not responsible for any damage incurred by contractors or riggers, no rigger / customer can lay any claim to Koster for any and all damages
SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.
INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.
COMPLIANCE WITH LAWS: Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities, and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.
COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation, and performance of the Transaction Documents shall be governed by, and construed in accordance with,
the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.
ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.
SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE: Where items are sold by estimated weight, count or measure, the purchaser will be billed for and required to pay for the estimated weight, count or measure. If upon delivery, any shortage exists, the purchaser will receive a refund at the rate of purchase. If there be an excess, the purchaser will be required to take and pay for such excess, at the rate of purchase.
DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.
RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.
RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.
AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.
SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.
BANKRUPTCY: If at any time prior to payment in full, purchaser files a petition in bankruptcy or for other similar protection from creditors, or an involuntary petition in bankruptcy or other similar proceeding is filed against the purchaser, then, at the option of the auctioneer, the sale may be voided.
ADDITIONAL TERMS AND CONDITIONS: The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction.
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General delivery information available from the auctioneer
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers/pack & ship companies information on our website as a courtesy, they are 3rd party contractors, Koster Industries is not responsible for rigging charges, damages, etc.
We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS.
Automecha - CNC Turning & Fabricating Facility
Auction Date & Time: lots start closing on Thursday October 31, 2019
Location: 48 S. Canal Street (NY-12) Oxford, NY 13830
Inspection: Wednesday, October 30th from 8:00am to 4:00pm
16% Buyers Premium applies on all online purchases.
Riggers:
Pedowitz Machinery Movers (Ray) - 917.939.2975 / ray@pedowitz.com
Koster Industries reserves the right to require a credit card or debit card pre-authorization deposit of $500 in order to be approved to bid within the auction.
Featuring:
CNC LATHE (with live tooling)
Okuma LB15II-MW CNC Lathe, subspindle & live tooling, 20.87” swing, 13.99” swing over cross slide, 29.92” between centers, 13.78” max turning diameter, 3800 RPM, 12-position turret, 15HP continuous, collet nose, chip conveyor, FMB turbo 10.65 / 4200 bar feed, OSP7000L control, S/N: 0902-3465
CNC SWISS TYPE LATHE
20mm Citizen “Cincom L20-5M7” CNC Swiss Type Lathe, Meldas 635LC control, Citizen CAV20L-1S bar feed, S/N: 010951 (2000)
CNC TURRET PUNCH
30 Ton Amada “Pega 357” CNC Turret Punch, 58-station, 350 SPM, [2] sheet clamps, auto indexing, 142” x 72” ball transfer table, [2] auto indexers, thick turret, Amadan 04PC control, S/N: P357-13630H (1989)
CNC PRESS BRAKE
35 Ton x 48” Amada RG-35S CNC Hydraulic Press Brake, 3.94” stroke, 7.87” throat depth, 14.56” die height, NC9-EX control, S/N: 353644 (1987
POWER SHEAR
10’ x 10ga. Wysong 1010-RD Mechanical Power Squaring Shear, 72” squaring arm, [2] front supports, 24” front operated power back gauge
BELT SANDER
1998 36” Timesaver GR2100-900WSF Vertical Belt Sander, Torit 24-FB-55 explosion proof 7.5HP dust collection system
LATHES (all types)
14” X 40” Nardini MS1440E “Mascote” Gap Bed Lathe, 18 spindle speeds, 25-2000 RPM, inch / metric threading, quick acting draw bar, Camloc spindle, S/N: A9HDWS691
Hardinge DV-59 2nd Operation Turret Lathe, cross slide, push button vari-speed, quick acting draw bar, S/N: DV-59-17541
CYLINDRICAL OD GRINDER
6” x 18” Sharp OD-618A Programmable Cylindrical Grinder, motorized work head with 5C drawbar, wheel balancer, S/N: G20040
SURFACE GRINDER
6” x 18” Boyar Schultz Hydraulic Feed Surface Grinder, permanent magnetic chuck
PUNCH & DIE GRINDER
Amada TEG-160C Punch & Die Grinder, 0.75kw, 6” 3-jaw chuck, S/N: HD1556
VERTICAL MILLS
Bridgeport 1-1/2HP Vari-Speed Vertical Milling Machine, 9” x 42” power feed table, 60-4200 RPM, R8 spindle, S/N: 12BR-144147
Bridgeport 1HP Vertical Mill, 9” x 42” hand feed table, 8 spindle speeds, 80-2720 RPM, R8 spindle, S/N: 12BR-62499
OVEN & SPRAY BOOTHS
Despatch PSC-3-23S 500˚ max oven, 86” high x 72” wide x 72” approximate inside dimensions, natural gas, digital timer, 250,000 BTU / HR, double door pass thru type, S/N: 127145
JBI Spray Booth, 80” high x 72” wide x 72” deep approximate inside dimensions, exhaust
Paint Booth, 80” high x 72” wide x 84” deep inside dimensions, exhaust
INSERTION PRESSES
6 Ton Pemserter Series 4 Insertion Press, S/N: H4-1801
4 Ton Pemserter Series B49 Insertion Press, S/N: 0139
SAWS (all types)
10” X 10” Startrite H250 Automatic Feed Horizontal Bandsaw, production counter, power head elevation, 5-speed, 50-300 FPM, 1.9kw, S/N: 89453
16” DoAll 1612 Vertical Bandsaw, welding / grinding attachment, 5200 FPM, vari-speed, S/N: 237-72343
Scotchman CP0350NF Cold Saw, 2.2 / 2HP, mitre cut, Elgo digital pre-cut set, S/N: B1644NF1004
SPOT WELDERS & WELDING MACHINES
50-KVA Peer AR-450 Spot Welder, foot pedal, weld timer, 24” throat, 230V
30-KVA Western Arctronics Spot Welder, 27” throat, timer, foot pedal, S/N: FH809
Linde VI-252 Power Supply with Wire Feeder
Lincoln Idealarc Tig 250 / 250 Variable Voltage AC / DC Arc Welder
Hobart Tig Wave 250 AC / DC Welder
DRILL PRESSES
14” Delta 4-Spindle Gang Drill, [3] tapping heads, drill chuck, 51” x 16-1/2” production table
15” Walker Turner 1326-41 Bench Drill, S/N: 0000921
Burgmaster ¼” Bench Type Turret Drill, 6-position turret, S/N: OB-9344
15” Clausing 1769 Vari-Speed Floor Type Drill Press, Quadrill attachment, 330-4000 RPM, S/N: 524790
MISCELLANEOUS MACHINERY
10 Ton Anderson HP010 Hydraulic Straightening Press, 48” overall table, centers, S/N: 31685
Kidder 5” x 5” Hydraulic Notcher
Eraser C100S Rotary Wire Stripper
Erdger AT-200 Rotary Wire Stripper
Baldor #502 1/2HP Double End Carbide Grinder
Kalamazoo 6” Belt / 12” Disc Combination Sander
6” Delta 31-520 Vertical Belt Sander, S/N: EZ-5267
Central Pneumatic #38440 Bench Type Reach-In Shot Blast
CMC Automation Associates Spin Riveter
Jet Dust Collector
#3 Greenerd & #3 Enco Arbor Presses
APS Big Dipper Solder Dip
3/4HP Craftsman Double End Pedestal Grinder
FORKLIFT TRUCK
3200# Nissan EB01 Electric Forklift Truck, 118” reach, double mast, pneumatic tires, S/N: EB01-000597
AIR COMPRESSORS & DRYER
25HP Ingersoll Rand SSR-EP25SE Rotary Screw Type Air Compressor, 95-CFM, 125-PSIG, digital touch panel, S/N: KE4048U97006
15HP Ingersoll Rand 10-T-13015TM Horizontal Tank Piston Type Air Compressor, S/N: 451947
Zurn / General Air Div. R10A Air Dryer, 200-PSIG, 1/2HP, S/N: R14736
MISCELLANEOUS TOOLING & SHOP SUPPORT
Including: large quantity of Amada punches & dies, Amada brake tooling, oxy / acetylene cart, welding tables, scales, welding clamps, insertion hardware, scissor carts, pallet jacks, pallet racking, steel shelving, lathe tooling, collets, vises, tool boxes, solder guns, work benches, Dumore tool post grinder, tool posts, R8 collets, c-clamps, angle plates, drills, taps, milling cutters, lift carts, chucks, wire strippers, etc.
BidSpotter Customer Service Support Department
Have a question pertaining to the bidding process?
Visit our Frequently Asked Questions!
You can also start a live chat with a Bidspotter Support Representative by selecting Live Chat at the top of Bidspotter.com. More information on our chat system can be found by clicking here.
Customer Support Hours:
Email: support@bidspotter.com
Office: (253) 858-6777 Toll Free: (866) 597-2437
T E R M S O F S A L E
NOTICE: All Bidders and other persons attending this sale agree that they have read and had full knowledge of these terms and agree to be bound thereby.
Posted Payment Due Date: 24 Hours from receipt of invoice
Posted Last Day of Removal: Friday, November 8th
BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)
OUT OF COUNTRY RESIDENTS WILL NOT BE APPROVED TO BID WITHOUT A REFUNDABLE DEPOSIT PRIOR.
DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.
PAYMENTS: All payments must be made in the form of Cash, Wire Transfer, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with the account.
Manner of payment is to be made out to Koster Industries Inc. Payments are due upon posted time of payment, any payments over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell any and all lots purchased.
BUYER BEWARE: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCHASE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.
REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk, and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling/moving machinery - NO EXEMPTIONS.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers/pack & ship companies information on our website as a courtesy, they are 3rd party contractors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS
.
RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery or for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.
CLAIMS: No claims will be allowed after removal of goods from premises. Koster is not responsible for any damage incurred by contractors or riggers, no rigger / customer can lay any claim to Koster for any and all damages
SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.
INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.
COMPLIANCE WITH LAWS: Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities, and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.
COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation, and performance of the Transaction Documents shall be governed by, and construed in accordance with,
the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.
ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.
SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE: Where items are sold by estimated weight, count or measure, the purchaser will be billed for and required to pay for the estimated weight, count or measure. If upon delivery, any shortage exists, the purchaser will receive a refund at the rate of purchase. If there be an excess, the purchaser will be required to take and pay for such excess, at the rate of purchase.
DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.
RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.
RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.
AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.
SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.
BANKRUPTCY: If at any time prior to payment in full, purchaser files a petition in bankruptcy or for other similar protection from creditors, or an involuntary petition in bankruptcy or other similar proceeding is filed against the purchaser, then, at the option of the auctioneer, the sale may be voided.
ADDITIONAL TERMS AND CONDITIONS: The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction.