Lagun Republic FTV-25 Vertical Milling Machine
Lot #5
Item: f6e9-6034498

White Bear Lake, MN

This Lot is:

Closed

Sun, Feb 22, 2026 7:15pm CST

High Bidder: #23305

Current Bid:

$800.00

Next Required Bid: $850.00

Location / Contact:
White Bear Lake, MN 55110
Phone: 612-590-3748

Lot Description:

Lagun Republic FTV-25 Vertical Milling Machine. Approx 91" t x 52"d x 70"w. Powers up. Bring equipment and bring help to move.
Due to ceiling height you will probably need a floor machine dolly. All items are in a small ground level shop. There are NO FORKLIFTS OR AUCTION HELP to remove or carry items. Ceiling is 9' but garage opening is only 7' tall. You will need to be patient as other bidders may be there ahead of you.

IMPORTANT AUCTION INFORMATION – PLEASE READ CAREFULLY

1. Pick-Up Policy:

  • All titled assets must be picked up on the stated date and time unless prior arrangements are made.

  • You must remove all items in any lot you win, unless the lot specifically states otherwise.

  • Pick-up is only available on the advertised date. No alternate dates are provided. See the Terms tab for full auction details.

2. Payment Terms:

  • Cash preferred.

  • For invoices over $3,000, accepted forms of payment are:

    • Bank Certified Cashier’s Check

    • Cash

    • Bank Wire Transfer ($35 wire fee)

  • For invoices under $2,500, you may pay CASH IN PERSSON or online by debit or credit card.

  • No personal or business checks will be accepted under any circumstances.

3. Load-Out Requirements:

  • Bring your own tools, ladders (if necessary), and sufficient help to dismantle, move, and load your items.

  • Load-out is available only on the scheduled day, NO EXCEPTIONS ON THIS AUCTION AS PROPERTY HAS BEEN SOLD and we have to be out on the date stated. 

4. Responsibility After Purchase:

  • It is the bidder’s responsibility to inspect and verify all purchased items before leaving the auction site.

  • If an item is missing after you leave, there is nothing we can do.

  • If an item is confirmed to still be at the site, the bidder must return on the same pick-up day or arrange to pay for shipping (if offered).

Whiteford Asset Management & Auction Services / K-BID Online Auctions
Minnesota’s #1 choice for business asset auctions — proudly serving the entire Midwest.

Looking for Our Next Auction Partner!
We specialize in selling assets from:

  • Entertainment centers (Arcades, Bounce Houses, Trampoline Parks)

  • Fitness facilities

  • Cars, Trucks, ATVs, Motorcycles, Campers

  • Commercial, Industrial, and Heavy Equipment

  • Rental Centers, Auto Shops, and more!

Let us put 30 years of auction expertise to work for you. We'll maximize your return and minimize hassle.

There’s no better venue than Whiteford Asset Management & Auction Services & K-BID Online Auctions to get the job done right.

Inspection

Fri, Feb 20, 2026
10:00 am - 01:00 pm

Auction Closing:

Sun, Feb 22, 2026
07:10 pm

Removal:

Tue, Feb 24, 2026
09:30 am - 05:00 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 - $51,000.00 $100.01
$51,000.01 - $75,000.00 $250.00
$75,000.01 - $76,000.00 $250.01
$76,000.01 - $100,000.00 $500.00
$100,000.01 - $110,000.00 $500.01
$110,000.01 - $2,500,000.00 $1,000.00
$2,500,000.01 - $2,500,000.00 $1,000.01

Buyer's PremiumCap
15.00%$1,500.00


This auction is contracted and managed by: Whiteford Auction Services

Manager: Jeff Whiteford


Whiteford Asset Management & Auction Services – Auction Terms & Conditions

 

Dealer services provided by K-BID:  DLR24714


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.



White Bear Lake
MN, 55110


Phone: 612-590-3748

No shipping on this auction

Cash is always the preferred method no matter the amount as the cc fees charge so much. We also accept Bank Certified Cashiers Check for invoices over $1,000. We do accept credit cards as well but up to $2,500 only. We also accept bank wires and we charge a $35 fee to accept one. NO CHECKS of any kind business or personal. 

Removal time and date only for the times and date(s) given.

Bid History

19 Bid(s)
Bidder Placed High Bid
23305
Feb 22 07:06pm
$800.00
4668
Feb 22 07:05pm
$750.00
23305 ^
Feb 22 07:01pm
$700.00
4668
Feb 22 07:01pm
$700.00
23305
Feb 21 10:14pm
$650.00
520315
Feb 21 08:05pm
$525.00
23305 ^
Feb 21 08:04pm
$500.00
520315
Feb 21 08:04pm
$500.00
23305
Feb 21 07:10pm
$425.00
520315
Feb 21 06:50pm
$260.00
264529
Feb 21 06:42pm
$210.00
520315
Feb 21 12:09pm
$155.00
264529 ^
Feb 21 12:09pm
$125.00
520315
Feb 21 12:09pm
$120.00
264529
Feb 20 07:43am
$101.00
213814
Feb 18 09:26pm
$17.00
441390 ^
Feb 18 09:22pm
$7.00
213814
Feb 18 09:22pm
$6.00
441390
Feb 11 08:53pm
$5.00