Location: 51690 Brich Street, New Baltimore, MI 48047
Online Sale Starts Closing At:
Inspection: Tuesday, December 12th from 8:30 A.M. to 2:30 P.M. EST

Enter Online Auction

Lot Number Qty. Description
1 1 2-PIECE TOOL BOX
2 1 [2] 2-WHEEL HAND CARTS
3 1 8′ WOODEN STEP LADDER WITH [2] DRUM STANDS
4 1 CLEANUP TOOLS & RUBBER FLOOR MATS ON [2] PALLETS
5 1 BANDING CART WITH TOOLS & SUPPLIES
6 1 BANDING CART WITH TOOLS & SUPPLIES
7 1 [4] 4-WHEEL SHOP CARTS
7A 1 [5] COLUMN-MOUNTED SHOP FANS
7B 1 [5] COLUMN-MOUNTED SHOP FANS
8 1 HAND TOOLS (ON BENCH TOP)
9 1 LOT OF EXTENSION CORDS, AIR HOSE, BEARINGS & SHIPPING SUPPLIES (UNDER BENCH)
10 1 [1] BIN OF EYE BOLTS
11 1 [6] DIE CLAMPS & [1] C-CLAMP
12 1 [2] TOTES OF CLOTH LIFTING STRAPS
13 1 ROCKWELL PORTABLE BLADE WELDER
14 1 WELDING TOOLS & WELDING ROD (UNDER BENCH)
15 1 CRAFTSMAN & BLACK & DECKER ELECTRIC DRILLS
16 1 LOT OF PNEUMATIC ANGLE DIE GRINDER, ELECTRIC ETCHER, ENGRAVER & SOLDERING IRON
17 1 [2] BINS OF STRAIGHT SHANK DRILLS
18 1 BOX OF PACKAGED TAPS
19 1 [2] BOXES OF TAPS & REAMERS
20 1 BOX OF COUNTERBORES
21 1 BIN OF COUNTERBORES
22 1 BOX OF KEYWAY CUTTERS
23 1 BOX OF KEYWAY & DOVETAIL CUTTERS
24 1 [1] BIN OF PACKAGED END MILLS
25 1 [1] BIN OF PACKAGED END MILLS
26 1 [1] BOX OF END MILLS
27 1 [1] BIN OF END MILLS
28 1 [7] MILLING CUTTERS
29 1 BIN OF MILLING CUTTERS
30 1 BIN OF MILLING CUTTERS
31 1 CARBIDE INSERTS & BORING BARS
32 1 LOT OF LIVE CENTERS WITH LATHE TOOL HOLDERS, 5C COLLETS & THREAD CHASERS
33 1 [3] PORTABLE BENCHES WITH [1] STEEL DESK [NO CONTENTS] [NOT TO BE REMOVED UNTIL LAST DAY OF REMOVAL]
34 1 [3] STEEL BENCHES WITH [1] HARDWOOD TOP BENCH [NO CONTENTS] [NOT TO BE REMOVED UNTIL LAST DAY OF REMOVAL]
35 1 [3] SECTIONS OF SHELVING WITH [2] SHOP CABINETS [NO CONTENTS] [NOT TO BE REMOVED UNTIL LAST DAY OF REMOVAL]
36 1 OKUMA MDL. MC-50VA CNC VERTICAL MACHINING CENTER, WITH OKUMA OSP-7000M CNC CONTROLS, APPROXIMATLEY 57″ X 20″ T-SLOTTED WORK TABLE, 41.34″ X 20.08″ X 22.05″ APPROXIMATE TRAVELS, 15HP, 5000-RPM, 40-TAPER SPINDLE, 20-POSITION AUTOMATIC TOOL CHANGER, COOLANT SYSTEM, OIL COOLER, S/N: 0710-0303 (1995)
37 1 OKUMA MDL. MC-4VAE CNC VERTICAL MACHINING CENTER, WITH OKUMA OSP-5020M-G CNC CONTROLS, APPROXIMATELY 39-1/4″ X 20″ WORK TABLE, 30″ X 16.14″ X 17.72″ APPROXIMATE TRAVELS, 10HP, 4000-RPM, 40-TAPER SPINDLE, 20-POSITION AUTOMATIC TOOL CHANGER, COOLANT PUMP, CENTRAL LUBE SYSTEM, WORK LIGHT, S/N: 0210.9527 (1991)
38 1 OKUMA MDL. MC-4VAE CNC VERTICAL MACHINING CENTER, WITH OKUMA OSP-5020M-G CNC CONTROLS, APPROXIMATELY 39-1/4″ X 20″ WORK TABLE, 30″ X 16.14″ X 17.72″ APPROXIMATE TRAVELS, 10HP, 4000-RPM, 40-TAPER SPINDLE, 20-POSITION AUTOMATIC TOOL CHANGER, COOLANT PUMP, CENTRAL LUBE SYSTEM, WORK LIGHT, S/N: 0403.9699 (1991)
39 1 OKUMA MDL. MC-4VA CNC VERTICAL MACHINING CENTER, WITH OKUMA OSP-5000M-G CNC CONTROLS, APPROXIMATELY 36″ X 20″ WORK TABLE, 40-TAPER SPINDLE, 20-POSITION AUTOMATIC TOOL CHANGER, S/N: 0107.9264
40 1 OKUMA CADET-L1420 2-AXIS CNC TURNING CENTER, WITH OKUMA OSP-700L CNC CONTROLS, 12″ 3-JAW CHUCK, 20HP, 3200-RPM, 12-POSITION TURRET, PROGRAMMABLE TAILSTOCK, 14.17″ MAX TURNING DIAMETER, 25.59″ CENTERS, 3.15″ SPINDLE BORE, HENNIG MDL. KMO-0044-00 CHIP CONVEYOR (S/N: 5089), CENTRAL LUBE SYSTEM, APPROXIMATELY 2HP HYDRAULIC PUMP, COOLANT PUMP, AGET MIST COLLECTOR, S/N: 09010391 (1998)
41 1 LNS QL-SERVO QCNC RAIL MOUNTED BAR LOADER, WITH 3-1/8″ DIAMETER X 5′ LONG BAR CAPACITY, HAND HELD PROGRAMMING PAD WITH LCD DISPLAY, 5HP HYDRAULIC PUMP, 24″ TRAVEL ON BASE RAILS, S/N: 15071 (1998)
42 1 OKUMA CADET-LNC8 2-AXIS CNC TURNING CENTER, WITH OKUMA OSP-5020L CNC CONTROLS, 10″ 3-JAW CHUCK, 10HP, 4200-RPM, 12-POSITION TURRET, PROGRAMMABLE TAILSTOCK, HENNIG MDL. 100105 CHIP CONVEYOR (S/N: 2041), CENTRAL LUBE SYSTEM, 2HP HYDRAULIC PUMP, COOLANT PUMP, 9.84″ MAX TURNING DIAMETER, 19.68″ MAX TURNING LENGTH, 2″ SPINDLE BORE, S/N: B558 (1993)
43 1 OKUMA CADET-LNC8 2-AXIS CNC TURNING CENTER, WITH OKUMA OSP-5020L CNC CONTROLS, 10″ 3-JAW CHUCK, 10HP, 3500-RPM, 12-POSITION TURRET, PROGRAMMABLE TAILSTOCK, HENNIG MDL. 100105 CHIP CONVEYOR (S/N: 2989), FILTERMIST MDL. F900 MIST COLLECTOR, CENTRAL LUBE SYSTEM, 2HP HYDRAULIC PUMP, COOLANT PUMP, 9.84″ MAX TURNING DIAMETER, 19.68″ MAX TURNING LENGTH, 2″ SPINDLE BORE, S/N: C386 (1994)
44 1 OKUMA MDL. LB-15 2-AXIS CNC TURNING CENTER, WITH OKUMA OSP-5020L CNC CONTROLS, COLLET HEAD, 20HP, 4200-RPM, 12-POSITION TURRET, PROGRAMMABLE TAILSTOCK, 6.89″ MAX TURNING DIAMETER, 20.47″ CENTERS, 2″ SPINDLE BORE, CHIP CONVEYOR, CENTRAL LUBE SYSTEM, APPROXIMATELY 2HP HYDRAULIC PUMP, COOLANT PUMP, S/N: 9406 (1989)
45 1 RODGERS MDL. S80-13-GT 80 TON CAPACITY POWER HYDRAULIC H-FRAME SHOP PRESS, WITH RODGERS MDL. 1000 5HP HYDRAULIC PUMP (S/N: 1865-1154), 45″ BETWEEN HOUSINGS, 13″ SPINDLE STROKE, S/N: S80-1440
46 1 PRATT & WHITNEY MDL. C 16″ X 54″ ENGINE LATHE, WITH 12″ 3 & 4-JAW CHUCKS, 14-1000 RPM 18-SPEED SPINDLE, 4-POSITION TOOL POST, [2] STEADY RESTS, FACE PLATE, TAILSTOCK, 2-1/4″ HOLE THRU SPINDLE, S/N: 23257
47 1 BRIDGEPORT 2HP VARIABLE SPEED VERTICAL MILLING MACHINE, WITH 9″ X 48″ T-SLOTTED WORK TABLE, SERVO POWER FEED, ANILAM MINI-WIZARD 2-AXIS DIGITAL READOUT, POWER DRAW BAR, CENTRAL LUBE SYSTEM, S/N: 260856 (1989)
48 1 BROWN & SHARPE MDL. 2 6″ X 18″ MECHANICAL SURFACE GRINDER, WITH BROWN & SHARPE MICRO-MESH 5″ X 10″ PERMANENT MAGNETIC CHUCK, MECHANICAL POWER TABLE & CROSS FEEDS, EXCELLO 1HP SPINDLE, S/N: N/A
49 1 SUPERIOR HONE MDL. J2 HORIZONTAL PRECISION HONE, WITH 500 RPM SPINDLE, COOLANT SYSTEM, MANDRELS & STONES, S/N: 2-78082
50 1 DAITO MDL. GA320 12″ X 20″ HORIZONTAL BANDSAW, WITH APPROXIMATELY 5HP SAW HEAD MOTOR, POWER DOWNFEED, PNEUMATIC CLAMPING, POWER INFEED WITH 20″ INDEXING, 20″ WIDE X 70″ LONG GRAVITY ROLLER CONVEYOR, PROGRAMMABLE LOGIC FEED CONTROL, COOLANT SYSTEM, SCRAP CONVEYOR, CONTROL PANEL, S/N: 52KZ504B2
51 1 SCOTCHMAN / BEWO MDL. CPO350LT 14″ COLD SAW, WITH 2 / 2.6HP 2-SPEED MOTOR, MITRE BASE, 2-POINT MANUAL CLAMP, WORK STOP, S/N: 38125242A
52 1 12″ ABRASIVE CUTOFF SAW, WITH 3HP MOTOR
53 1 PHOENIX MDL. 9 DRY ROD ELECTRODE STABILIZING OVEN, WITH 100-550 DEGREE TEMPERATURE RANGE
54 1 PEXTO MDL. 383-D 20-GAUGE ROLL BENDER, S/N: 70A-10
55 1 QUEEN CITY APPROXIMATELY 2HP DOUBLE END PEDESTAL GRINDER
56 1 BLACK DIAMOND MDL. BW80 1/3HP BENCH TOP DRILL GRINDER, WITH SPINDLE SLEEVES, WORK LIGHT, CABINET BASE, S/N: 25221
57 1 6″ DOUBLE END BENCH TOP GRINDER
58 1 RICHTER HANDY ANDY PROGRAMMABLE PARTS MARKER, WITH HP PAVILION LAPTOP, S/N: CMTAH7203
59 1 MATTEI MDL. EMS300 30HP ROTARY SCREW TYPE SKID MOUNTED AIR COMPRESSOR
60 1 CHAMPION MDL. HR10-12 10HP 2-STAGE HORIZONTAL TANK MOUNTED AIR COMPRESSOR, WITH APPROXIMATELY 120-GAL. CAPACITY TANK, S/N: D076977 (2000)
61 1 ULTRA-AIR PRODUCTS MDL. UA125AC REFRIGERATED AIR DRYER, WITH 3/4HP COMPRESSOR, AFTER COOLER, S/N: U-25894 (1994)
62 1 CENTRAL AIR HORIZONTAL TANK MOUNTED AIR COMPRESSOR
63 1 SMOKE MASTER MDL. M67 AIR CLEANER
64 1 SMOKE MASTER MDL. M67 AIR CLEANER
65 1 SMOKE MASTER MDL. M67 AIR CLEANER
66 1 SMOKE MASTER MDL. M67 AIR CLEANER
67 1 COOLANT TANK WITH CONTENTS
68 1 2011 DODGE RAM 1500 STANDARD CAB LONG BED PICKUP TRUCK, WITH 4.7L V8 ENGINE, AUTOMATIC TRANSMISSION, 95,663 MILES, VIN: 3D7JB1EPXBG566519
69 1 CATERPILLAR MDL. T50D 5000# CAPACITY PROPANE GAS FORKLIFT TRUCK, WITH 172″ MAX LIFT HEIGHT, SIDE SHIFT, 48″ FORKS, SOLID TIRES, S/N: 2LC02989
70 1 FLOOR MOUNTED FREE STANDING 360-DEGREE JIB CRANE, WITH 9′ ARM, DAYTON 500# CAPACITY ELECTRIC CHAIN HOIST
71 1 BAR STOCK
72 1 [6] CAT 40 TOOL HOLDERS
73 1 [7] CAT 40 TOOL HOLDERS
74 1 [7] CAT 40 TOOL HOLDERS
75 1 [6] CAT 40 TOOL HOLDERS
76 1 [6] CAT 40 TOOL HOLDERS
77 1 [6] CAT 40 TOOL HOLDERS
78 1 [7] CAT 40 TOOL HOLDERS
79 1 [7] CAT 40 TOOL HOLDERS
80 1 [7] CAT 40 TOOL HOLDERS
81 1 [6] CAT 40 TOOL HOLDERS
82 1 [9] CAT 40 TOOL HOLDERS
83 1 [7] CAT 40 TOOL HOLDERS
84 1 [7] CAT 40 TOOL HOLDERS
85 1 [7] CAT 40 TOOL HOLDERS
86 1 [6] CAT 50 TOOL HOLDERS
87 1 [6] CAT 50 TOOL HOLDERS
88 1 [7] CAT 50 TOOL HOLDERS
89 1 [7] CAT 50 TOOL HOLDERS
90 1 [6] CAT 50 TOOL HOLDERS
91 1 [6] CAT 50 TOOL HOLDERS
92 1 [9] CAT 50 TOOL HOLDERS
93 1 [10] CAT 50 TOOL HOLDERS
94 1 [12] CAT 50 TOOL HOLDERS
95 1 [12] CAT 50 TOOL HOLDERS
96 1 [7] CAT 50 TOOL HOLDERS
97 1 [10] CAT 50 TOOL HOLDERS
98 1 [10] CAT 50 TOOL HOLDERS
99 1 [12] CAT 50 TOOL HOLDERS
100 1 [12] CAT 50 TOOL HOLDERS
101 1 [12] CAT 50 TOOL HOLDERS
102 1 [9] CAT 50 TOOL HOLDERS
103 1 [8] CAT 50 TOOL HOLDERS
104 1 COLLETS WITH TOOL CHANGER, SLEEVES & CNC BROACHING TOOL HOLDER
105 1 QUICK CHANGE TOOLING
106 1 [4] TOOL HOLDER CARTS
107 1 [3] TOOL HOLDER CARTS
108 1 [2] CHUCK PLATES
109 1 [7] TURNING CENTER TOOL HOLDERS
110 1 [4] TURNING CENTER TOOL HOLDERS
111 1 LOT OF JAWS
112 1 LOT OF JAWS
113 1 LOT OF JAWS
114 1 R8 TOOL HOLDERS
115 1 BRIDGEPORT R8 BORING HEAD WITH R8 COLLETS
116 1 TAPPING HEAD
117 1 KURT DX6 CROSSOVER 6″ MACHINE VISE
118 1 KURT MDL. D688 6″ MACHINE VISE
119 1 KURT MDL. D675 6″ MACHINE VISE
120 1 KURT MDL. D675 6″ MACHINE VISE
121 1 HEINRICH MDL. 44 4-1/4″ AIR POWERED VISE, WITH FOOT PEDAL
122 1 HEINRICH MDL. 44 4-1/4″ AIR POWERED VISE
123 1 CLAMPING FIXTURES
124 1 HEWS 10″ ROTARY TABLE
125 1 HARTFORD 8″ 3-JAW SUPER SPACER CHUCK WITH BACK PLATES
126 1 HARTFORD 8″ 3-JAW SUPER SPACER CHUCK WITH BACK PLATES
127 1 HARTFORD 8″ 3-JAW SUPER SPACER CHUCK WITH BACK PLATES
128 1 8″ 3-JAW SUPER SPACER CHUCK
129 1 5C COLLET INDEX
130 1 PAIR OF 11″ X 4″ DRILLED & TAPPED ANGLE PLATES
131 1 PAIR OF 11″ X 4″ DRILLED & TAPPED ANGLE PLATES
132 1 [3] ASSORTED ANGLE PLATES
133 1 [5] ASSORTED ANGLE PLATES
134 1 [2] MAGNETIC V-BLOCKS & [1] PAIR OF SETUP V-BLOCKS
135 1 PARALLEL SET (PARTIAL)
136 1 SETUP TOOLING
137 1 ASSORTED MISCELLANEOUS ITEMS (UNDER BENCH)
138 1 LOT OF BINS & TOTES (UNDER BENCH)
139 1 T-SLOTTED ANGLE PLATE
140 1 [3] SECTIONS OF SHELVING WITH CONTENTS
141 1 BINS OF HARDWARE
142 1 SECTION OF SHELVING & SHOP CABINET, WITH CONTENTS
143 1 SECTION OF SHELVING & PLASTIC TUB, WITH CONTENTS
144 1 SECTION OF SHELVING WITH BROACH TOOLING
145 1 [2] BENCHES
146 1 ROUND & BAR STEEL STOCK
147 1 METTLER TOLEDO MDL. VIPER SD30 10,000# CAPACITY DIGITAL SCALE, WITH 5′ X 5′ PLATFORM, S/N: 2652609-7AF
148 1 JONES & LAMSON MDL. PC-14 14″ OPTICAL COMPARATOR, WITH SONY MDL. LH-31A DIGITAL READOUT, S/N: N/A
149 1 STARRETT 36″ X 72″ X 4″ 2-LEDGE PINK GRANITE SURFACE PLATE, WITH STEEL STAND
150 1 STARRETT 24″ X 18″ X 4″ GRANITE SURFACE PLATE
151 1 24″ X 18″ X 3″ 2-LEDGE GRANITE SURFACE PLATE
152 1 24-1/2″ X 24-1/2″ X 2″ STEEL SURFACE PLATE, WITH STEEL STAND
153 1 4-DRAWER PIN GAGE SET
154 1 4-DRAWER PIN GAGE SET
155 1 FOWLER BORE GAGE SETTING MASTER KIT
156 1 MITUTOYO DIAL BORE GAGE SET
157 1 MITUTOYO 13″-14″ MICROMETER WITH CASE
158 1 [2] MITUTOYO 8″-9″ & 5″-6″ MICROMETERS
159 1 MITUTOYO 4″-5″ MICROMETER, WITH STANDARD
160 1 MITUTOYO 4″-5″ MICROMETER, WITH STANDARD
161 1 MITUTOYO 3″-4″ MICROMETER, WITH STANDARD
162 1 MITUTOYO 2″-3″ MICROMETER, WITH STANDARD
163 1 [5] ASSORTED MICROMETERS WITH MITUTOYO STANDARD SET
164 1 [2] GAGE BLOCK SETS
165 1 [4] DIGITAL INDICATORS WITH [3] DIAL INDICATORS
166 1 ELECTRONIC EDGE FINDER, DIAL INDICATOR SET, V-BLOCK, FAN REGULATOR
167 1 ASSORTED INSPECTION ITEMS
168 1 [2] SECTIONS OF SHELVING, FILE CABINET & BIN DRAWER CABINET
169 1 GATEWAY 2000 PC, WITH DESK, [2] FILE CABINETS, SECTION OF SHELVING, WOODEN STAND, [2] CHAIRS, [2] STOOLS
170 1 CONTENTS OF LOFT, INCLUDING: FRIGIDAIRE REFRIGERATOR, MICROWAVE, [2] SECTIONS OF SHELVING, [2] FILE CABINETS, [2] PICNIC TABLES, [3] CHAIRS
171 1 SECTION OF SHELVING, DESK, BOOKCASE, FILE CABINET & [3] CHAIRS
172 1 HP DESKJET 6840 PRINTER WITH SCALE & [2] BATTERY BACKUPS
173 1 OFFICE SUPPLIES, WITH BUNN COFFEE MAKER & MICROWAVE
174 1 [2] DESKS, [1] CART, [1] BOOKCASE, [2] CHAIRS
175 1 HP OFFICEJET PRO 8720 MULTI-FUNCTION PRINTER
176 1 HP LASERJET PRO MFP M125NW LASER PRINTER
177 1 DESK & FILE CABINETS (NO CONTENTS)
178 1 CONFERENCE TABLE WITH [7] CHAIRS
179 1 DELL PC WITH CANON MULTI-FUNCTION PRINTER
180 1 [2] DESKS, [3] FILE CABINETS, [1] BOOKCASE
181 1 ACROPRINT TIME CLOCK, WITH RACK

Buyers Premium: 18%
Sales Tax: 0%

Buyers Premium: 18%
Sales Tax: 0%

Not Available

T E R M S O F S A L E

NOTICE: All Bidders and other persons attending this sale agree that they have read and have full knowledge of these terms and agree to be bound thereby.
Posted Payment Due Date: Thursday, November 30th 2017 - Payments will NOT be accepted on site!!
Posted Last Day of Removal: 15 Days from Invoice

BUYER INFORMATION: Each potential Buyer represents, warrants and certifies that it has provided (i) its full and accurate legal name and business address, and the full and accurate legal name and address of Buyer’s representative(s) attending and/or participating in the sale event of the Property, and (ii) the citizenship status of Buyer and its representative(s) and any foreign interest of Buyer or its representative(s)
DEPOSIT: Koster Industries Inc. Reserves the right to require a deposit upon registration including credit card deposits and holds on the credit card for a minimum of $500.00 USD. All deposits are refundable.
PAYMENTS: All payments must be made in the form of Cash, Company Check – up to $1,000, Certified Funds over $1,000, Money Order, and Credit Cards with a 3% Processing charge. Koster Industries Inc. reserves the right to charge any buyers credit card for purchases made at the sale including all fees associated with if there is no communication between buyer and Koster Industries Inc. We will make multiple attempts to contact buyer then have the right to charge credit card associated with account.

Manor of payment are to be made out to Koster Industries Inc. Payments are due upon posted time of payment, any payments over the period of one week with no communication between buyer and auctioneer could be considered abandoned and Koster Industries Inc. Will reserve the right to re-sell any and all lots purchased.

Buyer Beware: “THE BUYER ALONE IS RESPONSIBLE FOR CHECKING THE QUALITY AND SUITABILITY OF GOODS BEFORE A PURCAHSE IS MADE”. Koster Industries Inc. makes no representations, warranties, promises, covenants or guarantees, expressed or implied, as to defects in or the completeness or accuracy of the description in any advertising of any item(s) being auctioned and is not responsible for any advertising discrepancies, descriptions, nomenclature or inaccuracies of any kind. ALL ITEMS ARE SOLD ON “AS IS, WHERE IS” BASIS AND WITH ALL FAULTS WITHOUT EXCEPTION AND WITH REMOVAL AT BUYERS SOLE RISK AND EXPENSE. THE AUCTIONEER MAKES NO REPRESENTATIONS, WARRANTIES, PROMISES, COVENANTS OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE NATURE, QUALITY, DURABILITY, CAPABILITY, FUNCTION, PERFORMANCE, VALUE OR CONDITION OF THE ITEM(S) BEING AUCTIONED OR ITS (THEIR) SUITABILITY FOR ANY USE. THE AUCTIONEER EXPRESSLY AND SPECIFICALLY DISCLAIM, WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

REMOVAL: All purchases must be removed not later than Posted Removal Time. No lot can, on any account, be removed during the sale. Removal shall be at the expense, risk and liability of the purchaser. Purchases will be delivered only on presentation of paid bill. The Auctioneer shall not be responsible for goods not removed within the time allowed, but shall have the option to remove and store at the expense and risk of the purchaser any article purchased, but not paid for and removal of any of the goods. A storage charge of $750.00 USD will be applied to anyone who does not remove within the posted time limit without prior permission from our office. for insurance reasons Koster Industries Inc. does not supply any material handling devises or equipment including but not limited to forklift trucks, cranes, pallet jacks, hand trucks, Etc. We require valid insurance from all people who work inside the facility including all machinery movers, erectors, millwrights, or any buyer operating equipment or dismantling / moving machinery - NO EXCEMPTIONS.
Koster Industries Inc. does not pack, ship crate, transport or rig any items, we provide riggers / pack & ship companies information on our website as a courtesy, they are 3rd party contactors, Koster Industries is not responsible for rigging charges, damages, Etc. We must be supplied with an insurance certificate naming Koster Industries Inc. as additionally insured for all machinery movers or anyone operating equipment within the building - NO EXCEPTIONS

RESPONSIBILITY FOR NON-DELIVERY: The Auctioneer shall not, in any event, be liable for non-delivery of for any other matter or thing, to any purchaser of any lot, other than for the return to the purchaser of the deposit or sum paid on said lot, should the purchaser be entitled thereto.
CLAIMS: No claims will be allowed after removal of goods from premises.
SAFETY DEVICES: Articles purchased may not incorporate approved activating mechanisms, operating safety devices or safety guards, as required by OSHA or otherwise. It is purchaser’s responsibility that articles purchased be so equipped and safeguarded to meet OSHA and any other requirements before placing such articles into operation.
INDEMNIFICATION: Purchaser agrees to indemnify and hold the Auctioneer harmless from and against all claims and liabilities relating to the condition or use of the articles purchased or failure of user to follow instructions, warnings or recommendations of the manufacturer, or to comply with federal, state and local laws applicable to such articles, including OSHA requirements, or for proximate or consequential damages, costs or legal expenses arising therefrom.
COMPLIANCE WITH LAWS. Buyer shall comply with all U.S. export control laws and regulations. The Property sold under the Transaction Documents may be subject to the provisions of Export Administration Act of 1979 and the Export Administration Regulations promulgated thereunder, the Arms Export Control Act and the International Traffic in Arms Regulations, and the sanctions laws administered by the Office of Foreign Assets Control. Buyer acknowledges that these statues and regulations impose restrictions on import, export and transfer to third countries of commodities and related data, and that licenses from the U.S. Department of Commerce or U.S. Department of State may be required before such commodities or data can be transferred, and that such licenses may impose further restrictions on use and further transfer of such commodities and data. Buyer agrees (i) to notify Seller prior to any transfer of Property (including goods, commodities or data) purchased under the Transaction Documents to any parties outside of the United States, (ii) to provide an end-use certificate and a certification that the Property (including goods, commodities and data) purchased under the Transaction Documents will not be transferred to any end-user or for any end-use that is prohibited by U. S. law, (iii) to provide proof of any required U. S. Automated Export System (AES) filing prior to export of any Property (including goods, commodities or data) purchased under the Transaction Documents, and (iv) that Seller reserves the right to cancel any sale at any time in the event it determines, in its sole discretion, that any transaction arising out of the Transaction Documents does or may violate applicable U.S. export control or similar laws.
COMPLIANCE WITH TERMS OF SALE: In default of payment of bills in full within the time therein specified, the auctioneer in addition to all other remedies allowed by law, may retain all monies received as deposit or otherwise, as liquidated damages. Lots not paid for and removed within the time allowed herein may be resold at public or private sale without further notice, and any deficiency, together with all expenses and charges of re-sale, will be charged to the defaulting purchaser. The execution, interpretation and performance of the Transaction Documents shall be governed by, and construed in accordance with,
the laws of the State of New York (without regard to its conflicts of law provisions). THE PARTIES HEREBY WAIVE THE RIGHT TO A JURY TRIAL IN ANY DISPUTE OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF, DIRECTLY OR INDIRECTLY, THE TRANSACTION DOCUMENTS, ANY OF THE RELATED DOCUMENTS, ANY DEALINGS BETWEEN SELLER AND BUYER RELATING TO THE SUBJECT MATTER HEREOF OR THEREOF, AND/OR THE RELATIONSHIP THAT IS BEING ESTABLISHED BETWEEN SELLER AND BUYER.
RISK TO PERSON AND PROPERTY: Persons attending during exhibition, sale or removal of goods assume all risks of damage of or loss to person and property and specifically release the auctioneer from liability therefore. Neither the Auctioneer nor his principal shall be liable by reason of any defect in or condition of the premises on which the sale is held.

ADDITION TO OR WITHDRAWAL FROM SALE: The auctioneer reserves the right to withdraw from sale any of the property listed or to sell at this sale property not listed, and also reserves the right to group one or more lots into one or more selling lots or to subdivide into two or more selling lots. Whenever the best interest of the seller will be served, the auctioneer reserves the right to sell all the property listed, in bulk.

SALE BY ESTIMATED WEIGHT, COUNT OR MEASURE: Where items are sold by estimated weight, count or measure, the purchaser will be billed for and required to pay for the estimated weight, count or measure. If, upon delivery, any shortage exists, the purchaser will receive a refund at the rate of purchase. If there be an excess, the purchaser will be required to take and pay for such excess, at the rate of purchase.

DISPUTE BETWEEN BIDDERS: If any dispute arises between two or more bidders, the auctioneer may decide the same or put the lot up for sale again at once, and resell to the highest bidder. The auctioneer’s decision shall be final and absolute.

RESERVE: The auctioneer reserves the right to reject any and all bids. On lots upon which there is a reserve, the auctioneer shall have the right to bid on behalf of the Seller.

RECORDS: The record of sale kept by the auctioneer and bookkeeper will be taken as final in the event of any dispute.

AGENCY: The auctioneer is acting as agent only and is not responsible for the acts of its principals.

SALES TAX: Purchaser shall also pay all applicable sales or use taxes imposed by all taxing authorities on such transaction unless purchaser shall present a resale certificate, certificate of exemption or the like, exempting the purchaser and auctioneer from the payment of any such sales and use taxes.

BANKRUPTCY: If at any time prior to payment in full, purchaser files a petition in bankruptcy or for other similar protection from creditors, or an involuntary petition in bankruptcy or other similar proceeding is filed against purchaser, then, at the option of the auctioneer, the sale may be voided.

ADDITIONAL TERMS AND CONDITIONS: The auctioneer may add other terms and conditions of sale, such additional terms and conditions to be announced prior to the auction.





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