Lincoln Precision TIG 375 AC/DC
Lot #1
Item: ba08-3922585

Sheffield, IA

This Lot is:

Closed

Tue, Feb 21, 2023 8:00pm CST

High Bidder: #366921

Current Bid:

$4,325.00

Next Required Bid: $4,400.00

Location / Contact:
2479 Lark Avenue (County Hwy S34), Sheffield, IA 50475
Phone: 641-357-5417

Lot Description:

Lincoln Precision industrial stick/TIG welder, model 375. Shows minimal signs of use. AC and DC tig welder by Lincoln Electric. Welds aluminum, stainless steel and mild steel. Dual cylinder rack. Single phase power only 208/230/460v. 

K-1903-1

10809-4

U1070906213

Mfg date: 9/6/2007 

Water cooler model K1828-3. Code 11068-4. Serial U1070801976. 

Air cooled TIG torch included. Weldcraft WP-20 25 ft. Foot control included. 

Seller states it works fine and that are selling because they upgraded machines.

This auction includes excess equipment and supplies belonging to a long time north central Iowa manufacturer. Condition of items contained in this auction is not guaranteed. Please do your research and attend the inspection. Bids cannot be withdrawn once placed. 

A forklift is available on site to assist with loading. We are not responsible for damage to vehicles or merchandise during loading.

Inspection

Auction Closing:

Tue, Feb 21, 2023
08:00 pm

Removal:

Fri, Feb 24, 2023
09:00 am - 03:00 pm

Removals are by appointment within the schedule above.

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


PAYMENTS ARE DUE WITHIN 72 HOURS OF THE CLOSE OF THE AUCTION. Winning bidders who have not paid their invoices by this time will be listed as no-shows.

For invoices less than $5,000, preferred payment method is online through your K-BID Dashboard prior to removal. For invoices over $5,000, the preferred payment method is wire transfer or cashier's check.

Payment methods we accept include:

  • cash
  • credit cards up to $5,000
  • cashier's checks
  • wire transfers ($20 fee applies)
  • personal and business checks up to $2,500
    • valid photo I.D. required with all checks
    • return check fee is $35 or maximum allowable by law
    • amounts over $2,500 paid with check must be with certified funds
    • we reserve the right to refuse any check

Please pick up your items in a timely manner. Paid lots left behind for more than 10 days are considered abandoned and will become the property of I-35 Auctions. No notice or reminders will be made. 

Any refunds issued for unclaimed purchases are subject to a restocking fee not to exceed 25%. The decision whether to issue any refund is at the discretion of I-35 Auctions' management. 

Items have not been tested unless otherwise described in the lot descriptions. I-35 Auctions makes no warranty as to the condition of items offered herein. Buyer is responsible for inspecting items prior to purchase. Used items come with used issues, including minor mechanical issues, interior and exterior imperfections. Pick up day is not inspection day. 

I-35 Auctions is not responsible for accidents, injuries or damage to property while visiting the auction site. 

Buyers are solely responsible for assuring proper trailering of goods and securely fastening their own loads. I-35 Auctions and the seller are not responsible for any accidents which may occur due to improper loading, stowage or securing of loads. I-35 Auctions does reserve the right to refuse to load any vehicle that is deemed unsafe. 

Auction managed by I-35 Auctions, Clear Lake, Iowa

 


Auction Terms Addendum

This auction is contracted and managed by an independent auctioneer. 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 to conduct online auctions.
They 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.

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  • 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.
  • Reserves may be lowered at any time at the independent auction company's discretion:
    • 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 independent auction company managing the auction.



2479 Lark Avenue (County Hwy S34)
Sheffield
IA, 50475


Phone: 641-357-5417

Shipping:

  • Before paying your invoice, please contact us and let us know you want shipping so charges can be added. Please email your shipping request to contact@i35auctions.com. 
  • Not all items are eligible for shipping. 
  • No international shipments. 

Parcel shipments:

$18.50 handling fee per shipping box, plus freight. We try to fit everything in one box when possible. Large orders, oversized items or items requiring special packaging will be charged a higher handling fee.

We ship via Spee-Dee, UPS and USPS. 

Pallet shipments:

Minimum $60 per pallet handling fee, plus freight charges. Please let us know if your receiving location is residential or business and if you have a loading dock and/or forklift.

Online payments can be made through your K-BID Dashboard or we can process your payment in person on pick up day. If you want items shipped, please wait until freight charges are added before paying your invoice.

Bid History

74 Bid(s)
Bidder Placed High Bid
366921
Feb 21 08:09pm
$4,325.00
2162
Feb 21 08:07pm
$4,325.00
366921
Feb 21 08:07pm
$4,250.00
2162 ^
Feb 21 08:05pm
$4,175.00
366921
Feb 21 08:05pm
$4,100.00
2162 ^
Feb 21 08:04pm
$4,025.00
366921
Feb 21 08:04pm
$3,950.00
2162 ^
Feb 21 08:02pm
$3,875.00
429659
Feb 21 08:02pm
$3,800.00
2162
Feb 21 08:01pm
$3,725.00
429659
Feb 21 08:01pm
$3,650.00
2162 ^
Feb 21 08:00pm
$3,575.00
57017
Feb 21 08:00pm
$3,500.00
2162
Feb 21 07:58pm
$3,080.00
429649
Feb 21 07:58pm
$3,005.00
2162 ^
Feb 21 07:57pm
$2,875.00
429649
Feb 21 07:57pm
$2,800.00
2162 ^
Feb 21 07:57pm
$2,575.00
429649
Feb 21 07:57pm
$2,500.00
2162 ^
Feb 21 07:57pm
$2,375.00
345306
Feb 21 07:57pm
$2,300.00
2162 ^
Feb 21 07:57pm
$2,175.00
345306
Feb 21 07:57pm
$2,100.00
2162
Feb 21 07:56pm
$1,955.00
429649
Feb 21 07:56pm
$1,880.00
429605
Feb 21 07:55pm
$1,805.00
429649
Feb 21 07:55pm
$1,730.00
429659 ^
Feb 21 07:55pm
$1,655.00
429630
Feb 21 07:55pm
$1,580.00
429659
Feb 21 07:54pm
$1,505.00
429649
Feb 21 07:54pm
$1,430.00
429659
Feb 21 07:51pm
$1,355.00
429649
Feb 21 07:43pm
$1,280.00
429659
Feb 21 07:42pm
$1,205.00
429649
Feb 21 07:14pm
$1,130.00
429659
Feb 21 07:13pm
$1,055.00
429649
Feb 21 07:02pm
$1,000.00
429659
Feb 21 06:53pm
$950.00
143701
Feb 21 06:41pm
$900.00
429649
Feb 21 04:18pm
$850.00
226653
Feb 21 03:17pm
$800.00
429630
Feb 21 01:27pm
$750.00
102062
Feb 21 01:25pm
$700.00
292190
Feb 17 04:25pm
$650.00
392066 ^
Feb 15 06:48pm
$600.00
2162
Feb 15 06:48pm
$575.00
392066
Feb 13 11:08pm
$525.00
186405 ^
Feb 13 11:08pm
$500.00
392066
Feb 13 11:08pm
$500.00
186405
Feb 13 07:10pm
$260.00
25612
Feb 07 10:46pm
$232.00
338375
Feb 05 08:56pm
$155.00
428006
Feb 04 12:41pm
$105.00
25612 ^
Feb 04 12:41pm
$100.00
428006
Feb 04 12:41pm
$100.00
25612 ^
Feb 04 12:41pm
$66.00
428006
Feb 04 12:41pm
$65.00
25612 ^
Feb 04 12:41pm
$51.00
428006
Feb 04 12:41pm
$50.00
25612
Feb 03 09:28am
$31.00
407697
Feb 03 01:45am
$26.00
427825 ^
Feb 03 01:45am
$23.00
407697
Feb 03 01:45am
$22.00
427825
Feb 02 12:20am
$21.00
25612 ^
Feb 02 12:19am
$20.00
427825
Feb 02 12:19am
$20.00
25612 ^
Feb 02 12:19am
$16.00
427825
Feb 02 12:19am
$15.00
25612 ^
Feb 02 12:18am
$10.00
427825
Feb 02 12:18am
$9.00
25612 ^
Feb 02 12:18am
$8.00
427825
Feb 02 12:18am
$7.00
25612
Feb 01 08:51am
$6.00
111027
Jan 31 09:04pm
$5.00