Serimax Saturnax 05 Orbital Welder Bug
Lot #12
Item: 6928-2041457

Minneapolis, MN

This Lot is:

Closed

Thu, Nov 29, 2018 6:15pm CST

High Bidder: #28396

Current Bid:

$35.00

Next Required Bid: $36.00

Reserve Not Met

Location / Contact:
2650 34th Ave S., Minneapolis, MN 55406
Phone: 651-329-3026

Lot Description: Serimax Saturnax 05 Ornital Welding Bug. If you know what this is then you know that it is a very expensive item. Pictures are of one of 12 units. They are all almost identical. Buyer picks which one they want. First come first served. This unit has a low reserve.

This auction is managed by: KVK Enterprises Inc. 2190 Marshall Ave. St. Paul, MN 55104.

Manager: David Kvasnik, Auctioneer License #62-18-06, 2012 Selby Ave. St. Paul, MN 55104. 651-329-3026.

K-Bid Is the Dealer of record, DLR 24714.

Inspection

Auction Closing:

Thu, Nov 29, 2018
06:05 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

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Metro Liquidations

Manager: Dave Kvasnik


This auction is managed by: KVK Enterprises Inc. 2190 Marshall Ave. St. Paul, MN 55104.

Manager: David Kvasnik, Auctioneer License #62-18-06, 2012 Selby Ave. St. Paul, MN 55104. 651-329-3026.

K-Bid Is the Dealer of record, DLR 24714.

Payment Types Accepted:  Credit cards accepted.  Personal or business check up to $5,000.00.  Cash or certified funds up to $10,000.00.  Wire Transfer for any invoice over $10,000.00.  

All Payments should be Payable to KVK Enterprises Inc. and made on the Pick Up day.

The Only Preview time available is Displayed at the Bottom of each Bid Page for the Auction

As with all K-BID.com Auctions, The Buyer is responsible Inspecting All items prior to Bidding and Safe, Neat Removal and Loading of the Items.

Please bring Help, Tools and the Proper size equipment or Vehicle to Haul your items. 

 

  • All Payments should be Payable to KVK Enterprises Inc. and made on the Pick Up day.
  • Please Do Not Bid if you cannot make Arrangements for Removal on the Scheduled Day.
  • No Early or Late Preview Or Remove will be allowed.  
  • The Only Preview time available is Displayed at the Bottom of each Bid Page for the Auction
  • A KVK Representative Must Be Present for Preview and Removal.
  • As with all K-BID.com Auctions, The Buyer is responsible Inspecting All items prior to Bidding and Safe, Neat Removal and Loading of the Items.
  • Please bring Help, Tools and the Proper size equipment or Vehicle to Haul your items. 
  • Auction Staff  is available Onsite to Help FIND Your Items.  They Are NOT FREE Loading Labor!!!
  • IF you Need Help Loading a Fee of $20.00 to $50.00 per Item dependent on Size, Weight and Location.

 

 

 


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.



2650 34th Ave S.
Minneapolis
MN, 55406


Phone: 651-329-3026

Call David at 651-329-3026 with any questions about shipping. Alternative pickup dates are available for items that are over $500.00 and paid for on the pickup date by credit card. An appointment for later pickup will be made at the time of payment.

Bid History

1 Bid(s)
Bidder Placed High Bid
28396
Nov 28 06:19pm
$35.00