SMITHY GRANITE 1340-I MX Industrial Lathe
Lot #14
Item: cc71-4456322

Savage, MN

This Lot is:

Closed

Wed, Dec 27, 2023 7:17pm CST

High Bidder: #457342

Current Bid:

$2,475.00

Next Required Bid: $2,550.00

Location / Contact:
5505 W 123rd Street, Savage, MN 55378
Phone: 612-578-1440

Lot Description:

Used.

This item was working when it was recently taken out of service.

 

If you have questions or want to chat with someone about the auction, please call our main number: 952-314-8937. 

If you'd like to speak with Nate, you can call him direct.

Nate: 612-578-1440

For shipping, please call or email Danny.

Danny: 612-414-0506

danny@savagesurplus.com

 

For shipping inquiries, please email Danny (Danny@savagesurplus.com), or call him M-F 8:00AM-2:00PM (not on the weekend) at 612-414-0506. You can pay your K-bid balance online via your K-bid dashboard, or Danny will take your card information over the phone. 

Inspection

Auction Closing:

Wed, Dec 27, 2023
07:10 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: Savage Surplus

Manager: Adam Strelow


Forms of payment: Cash, Credit Card, or Pay Online by going to your K-bid dashboard and clicking on invoices. 

Removals are always Saturday (the day after the auction closes) from 10:00AM - 2:00PM. Items are expected to be picked up during this time. However, if this time doesn't work for you, please pay online and call during the removal to let us know when you will pick-up during the week. We will do our best to accommodate your schedule. We prefer these situations get picked up either Monday, or Tuesday. 

  • Items that are paid: will be held for one week. After one week, a $30 storage fee will be applied. After 2 weeks, the item will be considered abandoned and will be recirculated into another auction. No refund will be given. 
  • Items that are not paid: will be held for one week. After one week, the item will be recirculated into another auction and the bidder will be marked as a no-show. The bidder's account will be deactivated. 

Please remember to bring adequate transportation, straps, and any needed equipment. We will not load product into unsafe vehicles. 

 


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.



5505 W 123rd Street
Savage
MN, 55378


Phone: 612-578-1440

Shipping is available in the continental US.

 

Shipping will be conducted via Speedee, or Fedex. You will be charged the actual shipping rate, plus $12.00 handling. 

For shipping inquiries, please email Danny (Danny@savagesurplus.com), or call him M-F 8:00AM-2:00PM (not on the weekend) at 612-414-0506. You can pay your K-bid balance online via your K-bid dashboard, or Danny will take your card information over the phone. 

Thank you for making your payment.  

We will see you at the removal.  

Bid History

50 Bid(s)
Bidder Placed High Bid
457342
Dec 27 07:19pm
$2,475.00
74125
Dec 27 07:18pm
$2,400.00
457342
Dec 27 07:16pm
$2,325.00
74125
Dec 27 07:15pm
$2,250.00
457342
Dec 27 07:14pm
$2,175.00
74125
Dec 27 07:10pm
$2,100.00
457342
Dec 27 07:09pm
$2,025.00
74125
Dec 27 07:08pm
$1,950.00
457342
Dec 27 07:06pm
$1,875.00
74125
Dec 27 07:01pm
$1,800.00
457342
Dec 27 07:00pm
$1,725.00
74125
Dec 27 06:57pm
$1,650.00
457342
Dec 27 06:55pm
$1,575.00
74125 ^
Dec 27 06:53pm
$1,500.00
457342
Dec 27 06:53pm
$1,500.00
74125 ^
Dec 27 06:49pm
$1,425.00
457342
Dec 27 06:49pm
$1,350.00
74125 ^
Dec 26 06:44pm
$1,275.00
305433
Dec 26 06:44pm
$1,200.00
74125
Dec 25 03:36pm
$1,125.00
343501
Dec 25 10:45am
$1,050.00
74125
Dec 24 07:47pm
$1,000.00
456337
Dec 24 06:09pm
$850.00
74125 ^
Dec 22 03:05pm
$750.00
19751
Dec 22 03:05pm
$700.00
74125
Dec 22 11:45am
$650.00
58987
Dec 22 09:51am
$600.00
117280
Dec 21 10:09pm
$510.00
456344
Dec 21 07:43am
$485.00
323905
Dec 21 07:26am
$460.00
456344
Dec 21 06:43am
$435.00
117280
Dec 20 04:57pm
$410.00
456344
Dec 20 06:44am
$385.00
117280
Dec 20 06:39am
$360.00
456344
Dec 20 06:20am
$335.00
25612
Dec 19 10:32pm
$285.00
202249
Dec 19 07:51pm
$260.00
456344
Dec 19 05:28pm
$250.00
43195 ^
Dec 19 05:28pm
$210.00
456344
Dec 19 05:28pm
$200.00
43195
Dec 19 05:19pm
$154.00
456344 ^
Dec 19 05:14pm
$149.00
43195
Dec 19 05:14pm
$144.00
456344 ^
Dec 19 05:13pm
$104.00
43195
Dec 19 05:13pm
$99.00
456344
Dec 19 05:10pm
$56.00
43195 ^
Dec 18 08:10pm
$51.00
43146
Dec 18 08:10pm
$50.00
43195
Dec 18 07:07pm
$6.00
92100
Dec 18 06:56pm
$5.00