Nick Heinen Metal Fabrication and Blacksmith Shop Liquidation Phase 2

Penny Lane Estate Sales



Filtered Results From This Auction:

Showing 1 to 1 of 1 items

Current Bid: $21.00
Next Required Bid: $22.00
High Bidder: #190474
Began Closing:
Thursday 10/05/2023
06:58 pm CDT

Lot is Closed

 


Auction Details:

This is part two of the metal shop liquidation. There are many more shop items to bid on, including large industrial lighting fixtures and glass shades. Also lots of pieces of metal including large aluminum slabs, metal rods, pipe, and angle iron. Please be sure to bring whatever assistance (human or machine) you will need to pack up and transport your purchases. Nick Heinen's life passion and profession is metal fabrication. He has had a rewarding career, hand-building every kind of hardware, tool, part, and cart for his customers, while at the same time creating his own designs. A talented artist, he has turned metal into a variety of decorative hardware, screens, light fixtures and more. To facilitate the closure of Nick's metal fabricating shop, we are selling all of the machinery, tools, artwork and metal stock that he has on hand. He is proud of and has taken impeccable care of his "MADE IN AMERICA" machines. We would love to get them into the hands of other craftsmen and makers who will give them a new home and beneficial work.

Our descriptions are for informational purposes and are not a warranty guaranteeing the condition of the equipment. Equipment should be inspected in person before bidding. Pick up day is NOT inspection day. All equipment is sold as is, with no warranty. As with all used equipment, the equipment may come with typical used equipment issues, including minor mechanical issues and past due maintenance. Before bidding on equipment, be sure that you can come on the removal days to pick it up. It is the winning bidder’s responsibility to bring their own manpower and tools to disassemble and load their winning items. We DO NOT offer delivery. We are not responsible for damage to items or injuries that may occur while loading your purchased items.

Inspection

Auction Closing:

Thu, Oct 05, 2023
06:00 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 - $4,999.9913.00%
$5,000.00 - infinity10.00%$1,000.00


This auction is contracted and managed by: Penny Lane Estate Sales

Manager: Gary Jackson


K-Bid is the simple way to pay, you will receive a notification and invoice following the auction closing. We can also take payments at the pick-up, please have your bidder number available.

BEFORE YOU LEAVE, Check your items to make sure you have received everything on your invoice.

By participating in this auction, you release Penny Lane Estate Sales of any liability of damage or injury that may occur on the premises of this auction.   


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.

  • 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.
  • 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.



220 Monroe Street
Hudson
WI, 54016


Phone: 651-357-8600

NO SHIPPING, YOU MUST PICK UP ON REMOVAL DAY!

Thank you for bidding on our auction! 

Payment can be made (link is on invoice email sent to you by kbid) online prior to coming to the auction removal. 

Please know your bidder number and bring a copy of your paid invoice to the pickup.

Payments Accepted: Online payments through K-BID, Cash onsite at pickup.