Clausing Horizontal Metal Lathe #5914
Lot #1
Item: 7a89-2414990

Mason City, IA

This Lot is:

Closed

Thu, Jan 2, 2020 7:00pm CST

High Bidder: #324045

Current Bid:

$1,576.99

Next Required Bid: $1,651.99

Location / Contact:
2301 S Federal Avenue, Mason City, IA 50401
Phone: 641-420-5417

Lot Description:

Clausing Lathe Model 5914, Serial #506211. Tailstock supports long work, and hold tools for reaming and cutting. Box of tooling included. View manual at http://vintagemachinery.org/pubs/181/3407.pdf

Update 1/2/20 - seller states that the lathe works well and is set up for 230V 3PH and he believes it is dual voltage if one wanted to set it up for 460V. It was used up until mid 2019. 

If you have assets to sell, I would be honored if you would consider giving me a call at 641-420-5417. Trader Auction Company is located on Highway 65 South in Mason City, Iowa. Serving northern Iowa and southern Minnesota, including Mason City/Clear Lake, Algona, the Iowa Great Lakes area (Okoboji/Spencer/Spirit Lake/Esterville),  Charles City, Cresco, New Hampton, Fort Dodge and Waterloo, IA, and Albert Lea, Austin and Rochester, MN. 

Auction ends January 2nd with removal times Friday afternoon and Saturday morning. Two inspection times available for your convenience. We are easy to find in Mason City, Iowa on Highway 65. 

Equipment left over after noon on Saturday, January 4th is subject to being relisted. If winter weather should prevent you from coming, please communicate this Trader Auction Co by phone at 641-420-5417. We can be flexible but please make every effort to pick up on time. Thank you

Inspection

Auction Closing:

Thu, Jan 02, 2020
07:00 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: I-35 Auctions

Manager: Jon Tofte


Auction managed by Trader Auction Company, 2301 S Federal Av, Mason City, Iowa 50401

Preferred payment methods include: cash, credit/debit card up to $5,000, cashier's check, Apple Pay, wire transfers

Check policy: Trader Auction Company accepts personal checks up to $2,500 with a valid photo I.D. We reserve the right to refuse any check.

If you require tax exempt, please supply a signed sales tax exemption at the time of sale. 


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.
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By placing a bid, you confirm that you are at least 18 years old and agree to comply with all applicable terms.

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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.

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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.
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    • 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
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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
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Sales Tax
Applicable sales tax will be collected by the affiliate managing the auction.



2301 S Federal Avenue
U.S. Hwy 65 South
Mason City
IA, 50401


Phone: 641-420-5417

We are happy to offer shipping services for smaller items. All items shipped are subject to additional shipping and handling charges. 

In most cases, we ship Spee-Dee, FedEx or FedEx Freight within the United States. Sorry, we do not ship to PO boxes. 

Once you have paid for your items on the K-BID Dashboard, contact Trader Auction Company VIA EMAIL as soon as possible to inform us you wish to utilize shipping. You will receive a separate invoice with the shipping amount via email which is due prior to shipping. 

We charge at minimum a $5.00 shipping and handling fee per lot. For freight shipments, there is a minimum $35 pallet fee plus the cost of shipping.

Bid History

29 Bid(s)
Bidder Placed High Bid
324045
Jan 02 07:02pm
$1,576.99
17255
Jan 02 07:01pm
$1,501.99
324045
Jan 02 06:59pm
$1,426.99
17255 ^
Jan 02 06:57pm
$1,275.00
324045
Jan 02 06:57pm
$1,200.00
17255
Jan 02 06:56pm
$1,125.00
250337
Jan 02 06:41pm
$1,050.00
324045
Jan 02 06:04pm
$1,000.00
300876
Jan 02 04:12pm
$850.01
324354
Dec 29 08:31pm
$800.01
241968 ^
Dec 24 05:39am
$750.01
300085
Dec 24 05:39am
$750.00
241968 ^
Dec 24 05:39am
$700.00
300085
Dec 24 05:39am
$650.00
241968 ^
Dec 24 05:38am
$525.00
300085
Dec 24 05:38am
$500.00
241968 ^
Dec 22 03:28pm
$280.00
23902
Dec 22 03:28pm
$255.00
241968 ^
Dec 22 09:21am
$210.00
116637
Dec 22 09:21am
$200.00
241968 ^
Dec 22 09:20am
$155.00
116637
Dec 22 09:20am
$150.00
241968
Dec 21 04:28am
$120.00
317410
Dec 20 07:01pm
$115.00
62536 ^
Dec 20 07:01pm
$86.00
317410
Dec 20 07:01pm
$81.00
62536 ^
Dec 20 01:21pm
$76.00
146998
Dec 20 01:21pm
$75.00
62536
Dec 20 10:27am
$5.00