Maple Grove, MN
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LED lighting is the most energy efficient and longest lasting lighting technology currently available. All of these bulbs will screw into a standard light socket and lower your electricity bill for years to come. This is all new overstock inventory, and starting bids are well below the seller's wholesale cost.
LEDs (light emitting diodes) are solid-state lighting devices that produce light when a forward voltage is applied. An LED consists of a semiconductor diode packaged in a clear epoxy or silicon gel. The diode contains two slightly different materials: a P-type semiconductor and an N-type semiconductor. The P-type semiconductor has "holes" created by a lack of electrons, producing a positive charge. Conversely, the N-type material has an excess of electrons, resulting in a negative charge. The P- and N-type semiconductors are placed in direct contact in the diode and the region where they meet is referred to as the PN junction. When an electric current passes through the device, electrons flow toward the P region and holes flow toward the N region. Near the PN junction, electrons and holes combine and the electrons shed the extra energy they acquired from the electric current. This energy is released in the form of a photon, the basic unit of light. In this way, an LED emits visible light.
The energy of the photons corresponds to the color of the light emitted. In the visible light spectrum, blue and purple light results from the greatest energy emission whereas yellow and red light is a result of the lowest energy emission. By utilizing materials with different band gaps, engineers can alter energy emission and thus the color of light produced by an LED.
| Bid Range | Minimum Increment | ||
|---|---|---|---|
| $0.01 | - | $75.00 | $1.00 |
| $75.01 | - | $150.00 | $5.00 |
| $150.01 | - | $250.00 | $10.00 |
| $250.01 | - | $500.00 | $25.00 |
| $500.01 | - | $1,000.00 | $50.00 |
| $1,000.01 | - | $5,000.00 | $75.00 |
| $5,000.01 | - | $50,000.00 | $100.00 |
| $50,000.01 | - | $75,000.00 | $250.00 |
| $75,000.01 | - | $100,000.00 | $500.00 |
| $100,000.01 | - | $2,500,000.00 | $1,000.00 |
| Discounted Buyer's Premium | Regular Buyer's Premium | Cap | |
|---|---|---|---|
| 10.00% | 13.00% | $3,250.00 |
This auction is contracted and managed by: New and Used Sale
Manager: Jeff Krueger
This auction is contracted and managed by New and Used Sales By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms. For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction. Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase. There is a 13% BUYERS PREMIUM (13% BP) on this auction. All NON-Credit/Debit Card payments MADE IN-FULL (invoiced amount) will receive a 3% Reduction in BUYERS PREMIUM (10% BP). Applicable Minnesota Sales Tax will be collected. At the close of the auction active items will remain open until no bids have been received for three minutes. Buyer is responsible for all loading and rigging and must bring sufficient help and equipment to load. Auctioneer, New And Used Sale, LLC, or removal location owner are not liable for injuries or damage during removal. At the time the winning bidder pays his invoice in full, ownership of the asset and risk of loss passes immediately to the bidder. If a winning bidder pays the invoice in full, but does not take possession of the assets during the removal day, ownership and risk of loss will still transfer to the bidder. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid. Please contact Jeff at 320-327-2622 with any questions about shipping prior to bidding. All items must be paid for and removed or have shipping arrangements made by the end of the removal date! Please contact Jeff at 320-327-2622 with any questions. Items that are not PAID with a credit card over the phone or other means by 5:00 on removal day will be considered no show and abandoned. We accept Cash, All Major Credit Cards either in person or by phone, PayPal, Cashier's Checks, Money Orders, Personal Checks under $100.00 with ID.
Auction Terms Addendum
This auction is contracted and managed by an independent auctioneer. By placing a bid, you agree to both the auction-specific terms listed on this page and the K-BID User Terms and Agreements.
Platform Role
K-BID Online, Inc. (“K-BID”) operates and maintains K-BID.com as a venue for independent auction companies to conduct online auctions.
They are independent entities and are not employees, agents, or representatives of K-BID. K-BID’s knowledge of individual auctions is limited to the information provided on the website.
Bidder Responsibilities
By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.
Inspection & Removal
Inspection dates and times are provided for every auction. Bidders are strongly encouraged to inspect items prior to bidding.
Removal day is not an inspection day.
Once an auction closes and an invoice is issued, the winning bidder is obligated to complete the purchase.
Item Condition
All items are sold “as is, where is,” with no guarantees or warranties. Buyers are responsible for their own due diligence.
Buyer’s Premium
If applicable, Buyer’s Premium caps are applied per item, not per invoice.
Auction Process
Compliance & Enforcement
Failure to comply with auction terms, including removal requirements, may result in suspension of bidding privileges.
If bidding privileges are suspended due to unpaid invoices:
Duplicate accounts will be deactivated. Suspected fraudulent activity may result in bid removal, account holds, or permanent suspension. K-BID reserves the right to refuse service to any user and may refer fraudulent behavior to appropriate authorities.
Seller Conduct
Sellers and their agents are strictly prohibited from bidding on their own items.
Sales Tax
Applicable sales tax will be collected by the independent auction company managing the auction.
We will combine shipping cost on multiple items to provide the best possible value. If you are unable to make the removal date, please contact Jeff at 320-327-2622 to arrange for Shipping. We offer the most economical shipping available. Items that are not PAID with a credit card over the phone or other means by the end of the pickup date will be considered no show and abandoned.
| Bidder | Placed | High Bid |
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