VINTAGE BANK VAULT
Lot #102
Item: 4c9c-1422965

Minneapolis, MN

This Lot is:

Closed

Tue, Apr 25, 2017 6:46pm CDT

High Bidder: #93641

Current Bid:

$331.00

Next Required Bid: $356.00

Location / Contact:
126 3RD AVE. N., Minneapolis, MN 55401
Phone: 952-920-8922

Lot Description:

Remington Rand - The Safe Cabinet- old time bank vault.   We have the keys and the combinations.  This heavy duty vault is rated as a class A fire safe, measures 85" wide x 41" deep x 50-1/2" high.    The safe has pocket doors, roll out drawers and drawer sections.   We know the safe weighs less than 5000 pounds because it can be lifted with a #5000 capacity forklift without difficulty.  The business owners will load this safe onto your vehicle if you are the luck winner. THE OWNERS WILL USE THEIR FORKLIFT TO LOAD THIS ITEM INTO YOUR VEHICLE.  The safe is in nice usable condition. The photos you are looking at were taken of the safe in LOT 101 and used as representative photos for this safe (LOT 102) and  LOT 103 because it was the easiest to get complete photos of LOT 101. This safe is very similar in condition to LOT 101.   Inspection and removal are by appointment.  Payment must be made by telephone 952-920-8922 or in person at 3250 Gorham Ave, St Louis Park, MN 55426 on Wednesday, April 26th or Thursday, April 27 between 8 am and 5 pm.  Removal must be completed by May 5th. The removal schedule is strict because the building has been sold.    

Payment must be made by telephone 952-920-8922 or in person at 3250 Gorham Ave, St Louis Park, MN 55426 on Wednesday, April 26th or Thursday, April 27 between 8 am and 5 pm.  Removal must be completed by May 5th. The removal schedule is strict because the building has been sold.   

Inspection

Auction Closing:

Tue, Apr 25, 2017
06:45 pm

Removal:


Bidding Increments:

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 PremiumRegular Buyer's PremiumCap
10.00% 13.00%$3,250.00


This auction is contracted and managed by: Auctions for Business & Industry

Manager: Michelle Williams


All of our auctions are TWO DAY ONLY removals unless stated otherwise.  Please be respectful and  DO NOT BID if the stated day for removal does not work for you. We accept Cash, Visa, and Mastercard.  We do not take business or personal checks. We will take a cashiers check or a money order that is made out to AUCTIONS FOR BUSINESS AND INDUSTRY. If you are unsure of what you owe please call Michelle at 952-920-8922 and she will tell you the exact amount. 

This auction is contracted and managed by Auctions for Business & Industry.  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. IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. 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. 


Auction Terms Addendum

This auction is contracted and managed by an independent affiliate. 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 (“Affiliates”) to conduct online auctions.
Affiliates 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.

  • Bidders are responsible for all activity under their account.
  • Account information and passwords must not be shared.
  • All bids are binding and may not be retracted.

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

  • Items with a reserve will not sell unless the reserve price is met.
  • Affiliates may lower reserves at any time:
    • During the auction: updated reserve status will be displayed.
    • After closing: the highest bidder may be awarded the item if the reserve is lowered.
  • At closing, items with active bidding will remain open until no bids are received for three (3) minutes.
  • Outbid notifications are not sent once an item enters the closing 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:

  • Reinstatement is at K-BID’s discretion
  • Requires payment of:
    • 20% penalty on unpaid invoice(s)
    • $25 reinstatement fee
  • A valid government-issued ID must be provided
  • Unpaid items will not be awarded

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 affiliate managing the auction.



126 3RD AVE. N.
Minneapolis
MN, 55401


Phone: 952-920-8922

WE DO NOT HOLD MERCHANDISE AND WE DO NOT SHIP! 

Bid History

17 Bid(s)
Bidder Placed High Bid
93641
Apr 25 06:57pm
$331.00
259252
Apr 25 06:54pm
$306.00
93641
Apr 25 06:53pm
$281.00
259252
Apr 25 06:52pm
$256.00
93641
Apr 25 06:50pm
$246.00
259252 ^
Apr 25 06:47pm
$236.00
93641
Apr 25 06:47pm
$227.00
259252
Apr 25 06:45pm
$212.00
12780 ^
Apr 25 06:44pm
$202.00
92218
Apr 25 06:44pm
$198.00
12780 ^
Apr 25 06:41pm
$188.00
93641
Apr 25 06:41pm
$178.00
12780
Apr 25 04:57pm
$131.00
93641
Apr 25 04:30pm
$116.00
12780
Apr 25 01:55pm
$111.00
93641
Apr 25 10:40am
$22.00
116215
Apr 20 03:26am
$5.00