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IronPlanet holds mine and quarry auction

Supplier News

A recent IronPlanet online auction attracted heavy equipment buyers from around the world, with a significant level of interest from the Australasian region.

The 9 August auction, which featured mine and quarry equipment, drew bidders from all over the world. The auction was viewed by global audience of potential buyers, 86 of whom were located within Australia and New Zealand. The inventory included 357 items, which received on average 18 bids each at a median purchase price of US$22300.

The top seller on the day was a 1996 Caterpillar 785D off-road Dump Truck, which sold for US$340000, exceeding the seller’s expectations. The dump truck attracted over 68 bids, eventually going to a buyer in Kentucky USA. Two similar Caterpillar 785D Off-Road Dump Trucks sold for US$282000 and US$256000 respectively.

It was also a big day for wheel loaders, with a 1996 Caterpillar 950H Wheel Loader receiving 64 bids, having reached a price of US$280000. A similar wheel loader went for US$192000.

Other big ticket items included three 2006 Caterpillar Track Excavators which all sold for between US$104000 and US$105000.

The most contested item was a 1993 D9N Caterpillar Track Dozer which received 109 bids before it was sold for US$133000.

Australian buyers featured strongly in the parts and accessories section of the sale, having successfully bid for a number of items, including a new Lawson 4 in 1 Mini Skid Steer bucket, new Lawson Mini Skid Steer pallet forks and a new Pengo D1BR365125J Mini Skid Steer mount hydraulic Auger drum and bit.

A successful bidder from New Zealand purchased a 2006 Power Prime DV 30i portable diesel water pump and Power Prime piping.

IronPlanet’s next auction is scheduled for 23 August and will feature on-road trucks, mixer trucks, excavators and skid steers.

IronPlanet is an online auction company for used heavy equipment. They facilitate the sale of a broad range of heavy equipment and trucks by providing an easy-to-use interface and detailed, guaranteed inspection reports enabling customers to buy and sell with confidence.

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