Coronet Record Power Wood-Turning Lathe
Lot #1
Item: 7fb7-2516736

Loretto, MN

This Lot is:

Closed

Thu, Sep 3, 2020 8:30pm CDT

High Bidder: #259186

Current Bid:

$325.00

Next Required Bid: $350.00

Shipping: Yes
Online Payment: Yes
Location / Contact:
226 St. John Street, Loretto, MN 55357
Phone: 763-742-8768

Lot Description:

Coronet Record Power "CL3" Wood-Turning Lathe Set 

    Serial# COO443 

    115Volt Single Phase Electric 

    Belt-Driven With Variable Speeds     

    Includes Wooden Cabinet Stand & Assorted Accessories Shown 

    In Great Overall Condition 

In Good Working Condition -- Watch The Video Provided 


    

      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments

    2.  

  1. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

    Each auction has a scheduled one-day removal unless otherwise pre-approved by Loretto Equipment BEFORE the auction closes.  

    If a successful bidder makes payment on an item / purchase and does not pick it up on the scheduled removal date, or make arrangements for shipping, the item / purchase will be held for 14 consecutive days (The 14 days include Saturday and Sunday) 

    If the buyer does not remove the item / purchase in the allotted 14-days,  the item / purchase will be considered abandoned and forfeited. 

    Loretto Equipment will reserve the right to dispose of the item as desired. No credits / refunds / reimbursements will be given for items deemed abandoned / forfeited.

Inspection

Auction Closing:

Thu, Sep 03, 2020
08:30 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: Loretto Equipment

Manager: Casey (P.O. BOX 24)


      1. ACCEPTED PAYMENTS Cash, Good Checks, Cashier’s Checks, Wire Transfers, Credit Cards.

      2.         IMPORTANT NOTE: No Credit Cards Are Accepted Over $5,000 OR For Titled / Registered Items. 

    1.                            NOTEA $20 Charge Will Be Added To ALL Wire Transfer Payments

    2.  

  1. This auction is contracted and managed by Loretto Equipment.

    Important Note:

    Items are to be paid for & picked-up on the scheduled removal date. 

    Each auction has a scheduled one-day removal unless otherwise pre-approved by Loretto Equipment BEFORE the auction closes.  

    If a successful bidder makes payment on an item / purchase and does not pick it up on the scheduled removal date, or make arrangements for shipping, the item / purchase will be held for 14 consecutive days (The 14 days include Saturday and Sunday) 

    If the buyer does not remove the item / purchase in the allotted 14-days,  the item / purchase will be considered abandoned and forfeited. 

    Loretto Equipment will reserve the right to dispose of the item as desired. No credits / refunds / reimbursements will be given for items deemed abandoned / forfeited.


This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

At the close of the auction, active items will remain open until no bids have been received for three minutes.

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

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.

 



226 St. John Street
Loretto
MN, 55357


Phone: 763-742-8768

PLEASE DO NOT CALL TO ARRANGE SHIPPING 

- FOLLOW THE INSTRUCTIONS LISTED BELOW -

 

  • Shipping Starting at $10.00 plus $5.00 handling/packaging fee per package. 

 

  • If you would like to arrange shipping for an auction purchase, please send an email to: LorettoShipping@gmail.com 
  • We will respond with payment instructions.

 

  • Your email MUST include your bidder number, name, and desired shipping address in    your email. 

 

 PLEASE DO NOT CALL TO ARRANGE SHIPPING 

 - FOLLOW THE INSTRUCTIONS LISTED ABOVE -

Important Notes: 

--Please Call 763-742-8768 Prior To Making Payment If You Need Your Items Shipped 

--When Making An Online Payment, You Are Still Required To Pick Up Your Items On The Scheduled Removal Date.

Bid History

37 Bid(s)
Bidder Placed High Bid
259186
Sep 03 10:29am
$325.00
111776
Sep 02 07:23pm
$300.00
23916 ^
Sep 02 02:35pm
$275.00
188583
Sep 02 02:35pm
$270.00
23916
Sep 02 11:28am
$236.00
259186
Sep 02 11:21am
$215.00
256869 ^
Sep 02 11:21am
$205.00
259186
Sep 02 11:21am
$205.00
256869
Sep 01 11:53pm
$195.00
294333
Sep 01 06:53am
$185.00
8401 ^
Sep 01 06:53am
$175.00
294333
Sep 01 06:53am
$165.00
8401 ^
Aug 31 11:31pm
$155.00
33756
Aug 31 11:31pm
$150.00
8401 ^
Aug 31 11:31pm
$145.00
33756
Aug 31 11:31pm
$140.00
8401 ^
Aug 31 11:31pm
$135.00
33756
Aug 31 11:31pm
$130.00
8401 ^
Aug 31 11:31pm
$125.00
33756
Aug 31 11:31pm
$120.00
8401 ^
Aug 31 11:30pm
$115.00
33756
Aug 31 11:30pm
$110.00
8401
Aug 28 02:54pm
$105.00
238182
Aug 27 04:31pm
$76.00
342598 ^
Aug 26 09:24pm
$75.00
13603
Aug 26 09:24pm
$75.00
342598 ^
Aug 26 08:26pm
$46.00
224221
Aug 26 08:26pm
$45.00
342598 ^
Aug 26 03:54pm
$36.00
257709
Aug 26 03:54pm
$35.00
342598
Aug 25 09:00pm
$31.00
39465 ^
Aug 25 02:39pm
$26.00
247625
Aug 25 02:39pm
$25.00
39465 ^
Aug 25 02:38pm
$16.00
247625
Aug 25 02:38pm
$15.00
39465
Aug 25 07:03am
$6.00
111388
Aug 25 06:24am
$5.00