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Thread: Sometimes it Pays to.....

  1. #1
    Still Plays With Blocks
    DWSmith's Avatar
    Join Date
    Feb 2011
    Home Furnishings Capital of the World, High Point, NC

    Sometimes it Pays to.....

    Inspect prior to an industrial auction.

    I participate in a woodworking forum primarily for NC and including SC, TN, VA and GA. A recent question was posed about an industrial auction that was going on about 1/2 miles away from my shop being conducted by IRS Auctions (Industrial Recovery Services). They asked about two double drum sanders that were being offered and since I was so close I offered to take a look. Both showed heavy use, one had a control board that had been struck by lightning and both needed a new transport belt and other minor repairs.

    After I inspected them the manager I was with told me of another smaller double drum sander that had also been struck. It was out of service and stored in a semi-outside area. I was interested especially since it wasn't included in the auction.

    The other two sold for $1400 to $1500 and once the auction was over I called and made a terribly low offer which the manager accepted. Rather than let moss grow on the deal I hustled over to pay for it and pick it up.

    Once back in the shop I ordered the new motor controal board, three pinch rollers, new transport belt, drum drive belt and casters. All totaled I have less than $1000 in the sander which new was $4300. It works well, still needs some minor adjustments and will be a workhorse in the shop.Click image for larger version. 

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    Sometimes it pays to inspect and be nosy!

    David - Formerly The BoardSMITH
    Now just retired and looking for work

  2. #2
    Senior Member
    WildBoar's Avatar
    Join Date
    Feb 2011
    Nice score, David!
    David (WildBoar's Kitchen)

  3. #3
    Senior Member Deckhand's Avatar
    Join Date
    Jan 2012
    Costa Mesa California
    That's great! Quite a deal.

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