Spade Bits
Lot #43
Item: 7c25-2444093

Charles City, IA

This Lot is:

Closed

Thu, Feb 13, 2020 7:35pm CST

High Bidder: #151591

Current Bid:

$7.00

Next Required Bid: $8.00

Location / Contact:
915 N Iowa St, Charles City, IA 50616
Phone: 641-420-5417

Lot Description: Approximately 81 spade bits.

Please make every effort to attend the scheduled pick up day. If winter weather should prevent you from coming, please communicate with Trader Auction Co by phone at 641-420-5417. Forklift assistance and carts will be available to assist in loading. 

All payments are due on the scheduled pick up date whether you prefer to come to pick up items or are having them shipped. Items not paid for by the close of business on the scheduled pick up date may be forfeited and the buyers marked as no-shows. 

Inspection

Auction Closing:

Thu, Feb 13, 2020
07:25 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, Clear Lake, Iowa

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.


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.



915 N Iowa St
Charles City
IA, 50616


Phone: 641-420-5417

SAVE TIME, TRADER SHIPS

We are happy to offer shipping services. If you are the winning bidder, please email Jon at northiowatrader@gmail.com or call 641-420-5417 for a freight quote.  

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. 

Trader Auction Company charges a $5.00 handling fee per lot plus freight. Certain lots may require a higher handling fee based on the products being shipped (fragile, special packaging requirements). For pallet shipments, there is a $50 pallet fee plus the cost of shipping. 

If you have any questions about shipping, including whether a product can be safely shipped or is allowed by the carrier, please contact Trader Auction Company.

Online payments are welcome thru the K-BID online payment process.

Bid History

3 Bid(s)
Bidder Placed High Bid
151591
Feb 13 07:32pm
$7.00
264935
Feb 13 06:40pm
$6.00
280095
Feb 12 07:26pm
$5.00