Formerly Polar Kraft Boats – Metalworking Equipment – Syracuse, IN
Previous Page Listing ID#: 1599916

Auction Location

Syracuse, IN 46567
Auction Dates and TimesSALE IS COMPLETED
Wednesday Apr 17, 2024 Completed
Auction Type
 Live Auction 
Company Information
Bright Star Realty and Auctions, INC

Contact: Loren Beachy
Phone: 574-825-0704
Email: beachyauctions@gmail.com
Website: brightstarauctions.com

GoToAuction.com ID#: 5286
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Listing Terms and Conditions

Bidder Terms and Conditions
There is a 13% online buyer’s premium in effect for all purchases made online. Buyer’s premium is 10% for onsite bidders. All items sell where is as is with no warranties or guarantees. Buyer is responsible to inspect all merchandise prior to placing bids. Payment terms: Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. All items are pick-up only. Smalls must be removed within 2 days. All items must be removed within 30 days unless otherwise noted. Loadout available day of auction, after that by appointment. Please call agent for more info. Buyer shall assume responsibility of all property when auctioneer says sold. Auction company is not responsible for any missing or stolen items.
These Bidder Terms and Conditions (“Terms”) apply to auctions conducted by BRIGHT STAR REALTY AND AUCTIONS, LLC and constitute a legal, valid, binding, and enforceable contract between Auctioneer and the Bidder. These Terms also form the basis for the final contract of sale between the Seller and the Buyer.
  1. Auctions Conducted Under These Terms. The Auction is conducted under and in accordance with these Terms, the Terms posted on Auctioneer’s website, applicable law, and any announcements or corrections made by Auctioneer during the Auction. By participating in the Auction, whether at the auction site, online, telephonically, or through any other means (including Absentee Bid), Bidder agrees to be bound by, and to abide by, these Terms.
  2. Auctioneer’s Licensing and Bonding. Auctioneer is licensed and bonded where required.
  3. Definitions. The following definitions apply to these Bidder Terms for each auction conducted by Auctioneer:
“Absentee Bid” means a bid submitted in advance by an Absentee Bidder for the execution during the Auction.
“Absentee Bidder” means a person or entity that submits an Absentee Bid.
“Absolute Auction” or “Absolute” applies only if and when expressly indicated and means that property is to be sold to the highest bidder regardless of the amount of the final bid, with no limiting conditions, restrictions, or reservations. UNLESS SPECIFICALLY AND EXPRESSLY STATED BY AUCTIONEER IN WRITING, NO PROPERTY IS BEING SOLD ABSOLUTE OR AT AN ABSOLUTE AUCTION.
“Auction” means the auction sale at which Auctioneer solicits bids, or is scheduled to solicit bids.
“Auction Site” means the physical location of the Auction, or, for an Auction conducted entirely online, the location at which Property may be inspected.
“Bidder Number” means the number or other identifier issued by Auctioneer to a Registered Bidder for the purposes of identifying bids to such Registered Bidder.
“Bidder Registration” means the information provided by a prospective Bidder, and the process of registering such prospective Bidder, to bid at the Auction, including the prospective Bidder’s agreement to be bound by these Bidder Terms.
“Broker Participation Fee” means an amount that is paid to a broker who has participated in procuring a Buyer, or has otherwise assisted in facilitating the sale of Property at the Auction, under the Terms and in the amount established by Auctioneer.
"Buyer" means the Winning Bidder with respect to each Lot of Personal Property.
"Buyer's Premium" is an amount with respect to each Lot of Personal Property sold at the Auction, calculated as a percentage of the Hammer Price, that is payable by the Buyer to Auctioneer for Auctioneer's own account.
“Fall of the Hammer” means the point, after bids have been received, at which Auctioneer declares a Lot of Personal Property “sold” to Bidder acknowledged by Auctioneer as having made the Winning Bid. During an auction that is exclusively online, the Fall of the Hammer will occur electronically at the end of timed (or extended) bidding. In an auction that is Subject to Seller’s Confirmation, the Fall of the Hammer will occur on Seller’s Confirmation of the High Bid Subject to Confirmation.
“Hammer Price” means the high bid amount recognized by Auctioneer with the Fall of the Hammer.
“High Bid” means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot.
“High Bid Subject to Confirmation” means the High Bid amount recognized by Auctioneer at the conclusion of bidding on the Lot put up at Auction Subject to Seller’s Conformation. If the High Bid Subject to Conformation is confirmed by Seller, it will be the Hammer Price.
“High Bidder” means the Bidder recognized by Auctioneer as having made the High Bid with respect to a Lot.
"Knocked Down" or "Knock Down" means, with respect to any Property put up at the Auction, that Auctioneer has acknowledged the Winning Bid with the Fall of the Hammer, or by announcing "sold", or by giving a similar such indication. Property may be Knocked Down electronically at the conclusion of a timed online auction event.
“Lot” means each individual item or grouping of Personal Property offered at one time by Auctioneer.
“No Sale” occurs if Property is put up at the Auction but is not Knocked Down or sold, and Auctioneer passes on such Property or declares a No Sale.
“Online Auction Platform” means the hardware and software utilized to conduct the Auction online and to facilitate online bidding, including any associated, adjunct, and/or complementary websites, services, premiums and promotions.
“Online Auction Platform Provider” means the provider of the Online Auction Platform and related services to conduct Auction online.
"Online Bidding Period" means, with respect to an Auction conducted in whole or in part online, any established period during which bids may be tendered.
“Participant” means any person who attends, or otherwise participates in, the Auction (in person or remotely). The term Participant includes, but is not limited to, Registered Bidders, Bidder, and Buyers.
“Personal Property” means all tangible and moveable property, including fixtures, designated as Property.
“Pick-up” means the act of picking up or removing sold Lots by respective Winning Bidders at the date(s), time(s), and location indicated for such during the Auction or as later agreed to by Seller and Buyer.
“Private Sale” means an event in which Property is sold by Seller, or on Seller’s behalf, other than at the Auction (including a sale at an auction conducted by a person or entity other than Auctioneer).
“Private Sale Price” means the fair market purchase price of the Property paid, or agreed to, at a Private Sale in an arms-length transaction between Seller and the purchaser of the Property. If the Property is sold through a Private Sale for less than its fair market value, or in a transaction that is not an arms-length transaction, or is gifted by Seller, the Private Sale Price will be an amount equal to the fair market value of the Property in an arms-length transaction.
“Property” means the Real Property and the Personal Property.
“Purchase Price” means an amount equal to the Hammer Price or High Bid Subject to Confirmation, as the case may be, plus the Buyer’s Premium.
"Registered Bidder" means a person or entity that has registered to bid at the Auction.
“Registration Deposit” means, if required by Auctioneer, the deposit, in certified funds, made by a Registered Bidder in order to register for the Auction.
“Reserve” or “With Reserve” means that the Auctioneer may Withdraw Property put up at Auction and/or bids may be rejected prior to the Fall of the Hammer. UNLESS SPECIFICALLY AND EXPRESSLY STATED OTHERWISE BY AUCTIONEER IN WRITING, ALL PROPERTY IS BEING WITH RESERVE.
“Reserve Price” means the minimum price that Seller is willing to accept for specific Property.
“Seller’s Confirmation” means Seller’s confirmation, approval, and acceptance of the High Bid Subject to Confirmation acknowledged and recorded by Auctioneer.
“Subject to Seller's Confirmation” means, with respect to any Property expressly identified in this Agreement as being sold Subject to Seller’s Confirmation, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by Auctioneer, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.
“Winning Bid” means the highest bid received and accepted (and if Subject to Seller’s Confirmation, confirmed by Seller).
"Winning Bidder" means the Bidder who is recognized by Auctioneer as having made the Winning Bid.
“Withdraw” refers to the circumstance in which the Property is removed from the Auction, or in which it is determined that such Property will not be offered or sold at the Auction.
  1. Bidder Registration. All persons desiring to bid at the Auction, must register to bid and be issued a Bidder Number. In order to register to bid, each potential Bidder must provide such information (including identifying information and qualifications) as requested by Auctioneer. Auctioneer may refuse to accept a Bidder Registration from any potential Bidder, may refuse to issue a Bidder Number to any potential Bidder, and, if a Registered Bidder breaches any Bidder Terms or engages in improper conduct, Auctioneer may revoke any Bidder Number. By registering to bid at the Auction, each Registered Bidder acknowledges and agrees that such Registered Bidder has read, understands, and agrees to be bound by, these Bidder Terms. In Auctioneer’s discretion, bids may be received from a person who has not registered to bid, and by placing a bid accepted by Auctioneer such unregistered Bidder will be bound by these Bidder Terms and will immediately complete a Bidder Registration.

 

  1. Governing Law.
    1. For Auctions in the State of Indiana and Online. Unless otherwise indicated, all Property is offered for sale in the State of Indiana, and will be sold in the State of Indiana. Notwithstanding the physical location of the Bidder or any Participant, these Terms are deemed to be entered into in the State of Indiana, all bids and payments are deemed to be received in the State of Indiana, and the contract, if any, will be deemed to be formed and entered into in the State of Indiana.
  2. Buyer's Premium. All Property offered at the Auction is subject to a Buyer’s Premium, which will be paid by the Buyer to Auctioneer for Auctioneer's own account. The Buyer's Premium will be calculated as a percentage of the Hammer Price, and will be added to the Hammer Price to determine the final Purchase Price. Buyer agrees to pay the Winning Bid plus the applicable Buyer’s Premium.
  3. Access to Auction Site. Participants assume all risks associated with their presence at the Auction Site or their access to the online bidding platform utilized by Auctioneer. Any person may be denied access to the Auction, the Auction Site, and the online bidding platform utilized by Auctioneer, and may be removed at Auctioneer’s discretion.
  4. Nature of the Auction. This Property is being sold at the Auction in the manner indicated on the first page of this Agreement.
  5. Bidding. Registered Bidders may only bid at the Auction by agreeing to be bound by these Bidder Terms. By bidding, each Registered Bidder acknowledges and agrees that such Registered Bidder has had a full and fair opportunity to read, and understands, these Bidder Terms, and affirms that such Registered Bidder is subject to and bound by these Bidder Terms.
  6. No Bid Retraction. Bidder may not retract a bid that has been acknowledged by Auctioneer or that has been submitted online. Bidder acknowledges and agrees that Auctioneer is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and for such Bidder to bid at the Auction, Bidder agrees not to withdraw or to attempt to withdraw any tendered bid that has been acknowledged by Auctioneer.
  7. Online Auction. The following terms and conditions apply if the Auction is conducted, in whole or in part, online:
    1. Online Bidding Registration. Anyone desiring to bid online, or to establish the possibility of bidding online, will be required to create an online bidding account by completing all necessary forms and providing required information.
    2. Bidder Terms and Conditions; Notices and Announcements. The Auction will be conducted in accordance with Auctioneer's Terms and any notices or announcements by Auctioneer and/or posted on Auctioneer's website.
    3. Posted Times. All times are based on the Eastern Standard Time zone unless stated otherwise. Posted closing times and time displays are approximate. Auctioneer reserves the right to close early or extend the Auction at any time at Auctioneer’s sole and absolute discretion.
    4. Online Bidding Increments. Auctioneer may establish bid increments, and may modify or change bid increments, in Auctioneer's sole and absolute discretion.
    5. Records of Online Activity. Absent clerical errors, Auctioneer’s records will be deemed final and conclusive.
    6. Technology Disruptions. Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, (iii) viruses or software malfunction, or (iv) otherwise. Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, or close the Auction because of disruptions caused by technology failures, even after bidding has commenced.
    7. Failures by Online Auction Platform Provider and its Affiliates or Contractors. Auctioneer may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Auctioneer be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations.
    8. Auto Extend Feature. Any Online Bidding Period may include an auto extend feature. This means that, if an online bid is entered within a set time period approaching the end of the established Online Bidding Period, the Online Bidding Period will automatically be extended for an additional amount of time in increments established by Auctioneer, and will continue to be so extended until there is a set period of time that lapses during which no online bids are received, after which bidding will close.
 
    1. Disclaimer. Auctioneer makes no representations or warranties, and disclaims any representations or warranties, (i) that the Online Auction Platform or any related website or technology will be uninterrupted, error free or virus free, (ii) as to the results that may be obtained by using the Online Auction Platform or any related website or technology, or (iii) as to the accuracy, completeness, reliability, security, or current nature of the Online Auction Platform or any related website technology.
    2. Responsibility for Online Bids. If a Winning Bid is sent to Auctioneer from the computer of a Registered Bidder, and is, thereafter, confirmed by Seller, such Registered Bidder will be the Buyer.
    3. No Reduction or Retraction of Online Bids. Online bids may not be reduced or retracted.
    4. Competing Online and Onsite Bids. In the event of contemporaneously made online and onsite bids, Auctioneer will determine which bid is the successful bid, and may, in Auctioneer’s discretion, reopen the bidding.
    5. Winning Bidders Subject to Certification by Auctioneer. The final determination of the Winning Bidder is subject to certification by Auctioneer; and any email or electronic message (whether generated manually or automatically) is subject to such certification.
  1. Absentee Bids; Remote Bidding. In Auctioneer’s discretion, Auctioneer may receive Absentee Bids and/or bids tendered by remote Bidders (whether telephonically or otherwise). All prebids and maxbids placed online are considered absentee bids. Auctioneer pledges complete integrity in the treatment of absentee bids and absentee bids may be initiated and advanced in accordance with Auctioneer’s policies and procedures. Auctioneer has the right to initiate any absentee bids at 25% to 50% of their maximum amount. Auctioneer will make reasonable efforts to execute Absentee Bids, but Auctioneer will have no liability to any Absentee Bidder for the failure to execute any Absentee Bids for any reason whatsoever. Each Absentee Bidder acknowledges and agrees that Property may be sold to another Bidder for the maximum amount of the Absentee Bid based on a bidding sequence that causes another Bidder to reach such amount first. If the execution of an Absentee Bid at its maximum amount would require Auctioneer to accept a bid that is less than a full bidding increment, Auctioneer has the sole and absolute discretion to accept or reject such bid. An Absentee Bidder may provide instructions to the Auctioneer to advance the bid by one or more bidding increments after the maximum amount of the Absentee Bid is, or would be, reached. Auctioneer acts only as the agent of the Seller, and the receipt and/or execution of Absentee Bids will not create an agency relationship between Auctioneer and any Absentee Bidder.
  2. Bid Increments. Bid increments are established and controlled by Auctioneer, and may be adjusted or modified in Auctioneer’s sole and absolute discretion.
  3. Registered Bidders Responsible for Bids Placed on Bidder Number. Each Registered Bidder is responsible for the Bidder Number issued to such Registered Bidder. Auctioneer is not responsible for monitoring or policing the use of Bidder Numbers, and each Registered Bidder is responsible for all bids made on the Bidder Number issued to such Registered Bidder even if the Registered Bidder claims that the Bidder Number was lost, stolen, or misappropriated, unless notice of a lost, stolen, or misappropriated Bidder Number was provided to Auctioneer prior to an unauthorized bid being made. Absent a clerical error, Auctioneer’s recording of bids against a Bidder Number will be conclusive as to the making of such bid by, or on behalf of, the Registered Bidder.
  4. Withdrawal of Property. Auctioneer has the absolute right to withdraw any Property from the Auction prior to the Fall of the Hammer, unless the Property is explicitly provided that the Property is being sold at an Absolute Auction.
  5. Winning Bid; Buyer. Pursuant to these Bidder Terms, the Bidder making the Winning Bid for any Lot of Personal Property will be the Buyer of such Property.
  6. All Property Sold “AS IS”, “WHERE IS”, and “WITH ALL FAULTS”. ALL PROPERTY IS BEING OFFERED AND SOLD IN ITS AS IS/WHERE IS CONDITION AT THE TIME OF THE AUCTION, WITH ALL FAULTS, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE. NEITHER AUCTIONEER NOR SELLER MAKES ANY REPRESENTATIONS, WARRANTIES, OR GUARANTEES WHATSOEVER, EXPRESS OR IMPLIED, REGARDING THE NATURE, VALUE, SOURCE, AUTHENTICITY, FITNESS, MERCHANTABILITY, AND/OR ANY OTHER ASPECT OR CHARACTERISTICS OF SUCH PROPERTY. NO STATEMENT ANYWHERE, WHETHER EXPRESS OR IMPLIED, INCLUDING VERBAL STATEMENTS MADE BY AUCTIONEER, WILL BE DEEMED A WARRANTY OR REPRESENTATION BY AUCTIONEER OR SELLER. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT, AUTHENTICITY, ORIGIN, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. EACH BIDDER ACKNOWLEDGES AND AGREES THAT HE, SHE, OR IT CANNOT RELY, AND HAS NOT RELIED, ON ANY REPRESENTATION, WARRANTY, OR GUARANTY MADE BY THE SELLER OR ANYONE ACTING AS AGENT OF THE SELLER, ORALLY OR IN WRITING, ABOUT THE PROPERTY, OR ANY OF IT. BY BIDDING, EACH BIDDER ACKNOWLEDGES AND AGREES THAT SUCH BIDDER HAS HAD A FULL AND FAIR OPPORTUNITY TO INSPECT THE PROPERTY, AND IS RELYING SOLELY ON, OR HAS WAIVED, SUCH BIDDER’S INSPECTION AND INVESTIGATION (i) IN DETERMINING WHETHER TO BID, (ii) IN DETERMINING THE AMOUNT OF A BID, AND (iii) IN BIDDING.
  7. Announcements. Subject to the limitation set forth in these Bidder Terms, all terms and conditions and other announcements made by Auctioneer on the day of the Auction are binding and take precedence over any advertisements or listings.
  8. Bidder’s Inspection. By bidding, each Bidder acknowledges and agrees that such Bidder has had a full and fair opportunity to inspect the Property, and is relying solely on, or has waived, such Bidder’s inspection and investigation (i) in determining whether to bid, (ii) in determining the amount of a bid, and (iii) in bidding. Bidder accepts any and all risks associated with the purchase and/or use of the Property. Bidder agrees to defend, hold harmless, indemnify, and protect both Auctioneer and Seller from any all claims of injury arising out of or relating to the purchase or use of the Property.
  9. Description of Property. Unless otherwise expressly stated otherwise in writing, any description of Property is based solely on visual impression, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by Auctioneer.
  10. Contract of Sale for Personal Property. By operation of these Terms, no additional or further writing will be required to evidence the existence of a contract of sale for any Personal Property Knocked-Down at the Auction regardless of the Purchase Price, and these Bidder Terms, together with Auctioneer’s clerking sheets or other physical or digital notation identifying the Lot, the Hammer Price, and the Buyer, will be conclusive evidence as to the terms of the sale. These Bidder Terms will be incorporated into the contract between each Buyer and Seller.
  11. Bidding by or on Behalf of Seller. At an Absolute Auction there is no Seller bidding. The Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Absolute Auction. At a Reserve Auction, the Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Reserve Auction, unless the Auctioneer announces and discloses that the Seller (or someone on behalf of the Seller) will be bidding at the Auction.
  12. Conduct of the Auction. Auctioneer will regulate all matters relating to the conduct of the Auction and Auctioneer’s decisions will be final and binding. Auctioneer will have control over bidding, and Auctioneer will resolve any and all disputes. If (i) a bid is made while the hammer is falling in acceptance of a prior bid or while bidding is otherwise being terminated, or (ii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware of a bid that was unnoticed prior to the Fall of the Hammer or other termination of the bidding, and it is demonstrated to Auctioneer’s satisfaction that such bid was, in fact, timely made, or (iii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware that Auctioneer and a bid assistant or ringman, or multiple bid assistants or ringmen, have acknowledged bids in the same amount bid from different bidders, or (iv) some other bid dispute arises, Auctioneer may, in Auctioneer’s sole and absolute discretion, reopen the bidding (but will not be required to). Any contract formed with the Fall of the Hammer will be subject to the conditions set forth in this Section. If bidding is reopened pursuant to this Section, the bid recognized by Auctioneer prior to the reopening of the bidding will be held, and may not be retracted, and, if no further bids are received, such bid will be the Winning Bid.
  13. Motor Vehicles and Equipment. Any and all motor vehicles and motorized equipment (including, without being limited to, automobiles, trucks, vans, recreational vehicles, motor cycles, motor scooters, tractors, earth moving equipment and other heavy equipment) must be paid in full prior to removal from the Auction Site; and, if any vehicles or equipment is paid for with a check, the vehicle or equipment will not be released unless and until the check clears the drawee bank and the funds have been received by Auctioneer.
  14. All Sales Final. ALL SALES ARE FINAL. NO REFUNDS OR RETURNS.
  15. Sales Tax. Subject to applicable exemptions, if any, each Buyer is responsible for the payment of sales tax for each Lot Knocked-Down at the Auction, which sales tax will be collected by Auctioneer at the time payment is made.
  16. Payment. All Personal Property must be paid for in-full by onsite Buyers on the day of the Auction, at or before the conclusion of the Auction, and before any Property is removed from the Auction Site by or on behalf of the Buyer. Online purchases are due upon receipt of your invoice. Onsite purchases may be paid in cash or approved check, and, when authorized by the Seller and made available by Auctioneer, by credit card or debit card. Cash payments totaling Ten Thousand Dollars ($10,000) or more will not be accepted. If onsite bidders wish to send a wire, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. Online purchases must be paid by credit card or approved check; provided, however, that any online purchases in excess of Two Thousand Five Hundred Dollars ($2,500.00) must be paid by wire transfer or certified funds unless other arrangements are made with Auctioneer in Auctioneer’s sole and absolute discretion.
 
  1. Wire Transfer Payments. Buyer shall obtain verbal verification of all bank account information from Bright Star Auctions prior to initiating transfer. Except as otherwise provided by law, we shall not be liable for any loss or damage due to misplaced, unauthorized or fraudulent fund transfers.
  2. ACH/eCheck Payments. By providing account information to Bright Star Auctions, buyer gives permission for Bright Star Auctions to retain payment information on file and represents they are the authorized account holder. Upon authorization to collect payment from Buyer’s account and prior to transfer, Buyer is responsible to notify their financial institution of the impending transaction. Buyer agrees to notify Bright Star Auctions of any changes in account information.
  3. Returned Checks. Any checks that are returned unpaid will be subject to a returned check fee in the amount of Fifty and 00/100 Dollars ($50.00). In addition to the foregoing, Auctioneer will be entitled to recover, from the issuer of a returned check, all costs and expenses, including attorneys’ fees, for the collection of payment made in the form of a check that has been returned unpaid.
  4. No Stop Payment Orders or Credit Card Chargebacks. Each Bidder agrees that such Bidder will not, under any circumstances, (i) issue a stop payment order with respect to any checks issued at or in connection with the Auction, or (ii) initiate a credit card chargeback with respect to any purchases at the Auction. Each Bidder further agrees that if, in violation of these Terms, a stop payment order is issued or a credit card chargeback is initiated, these Terms will be conclusive evidence of the Bidder’s (i) waiver of any rights to issue a stop payment order or to initiate a credit card chargeback, and (ii) agreement not to issue a stop payment order or to initiate a credit card chargeback; and each Bidder acknowledges and agrees that on Auctioneer’s presentation of these Terms to the bank, credit card company, or other financial institution against which a check was drawn or that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse any stop-payment order and/or deny any credit card chargeback, and will re-credit all amounts to or for the account of Auctioneer. If, in violation of these Terms, a Bidder issues a stop payment order or initiates a credit card chargeback, such Bidder, even if successful, will remain liable for all purchases made at the Auction, and will be responsible for all costs and expenses, including attorneys’ fees, incurred by or on behalf of Auctioneer and/or Seller in challenging the stop payment order or credit card chargeback and in collecting payment. Each Bidder acknowledges and agrees that the covenant not to issue a stop payment order or to initiate a credit card chargeback is a condition to the issuance of a Bidder Number to such Bidder, and is being made as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and to issue a Bidder Number. Each Bidder acknowledges and agrees that Auctioneer is relying on the covenant not to issue a stop payment order or to initiate a credit card chargeback in accepting such Bidder’s Bidder Registration and in issuing a Bidder Number.
  5. Pick-up and Removal; Shipping. Each Buyer is responsible for removal of Lots purchased at the Auction, including shipping to remote Buyers. Pick-up and removal dates and times will be as posted on Auctioneer’s website or announced at the Auction. Unless otherwise agreed, each Buyer is solely responsible for the disassembly, removal, shipping, and transportation of each Lot purchased by such Buyer. Tools, packing material, and/or assistance will not be supplied at Pickup, so Buyer must plan accordingly. Disassembly and removal shall be done in a quiet and workmanlike manner, and each Buyer, in making its bid, shall thereby indemnify and hold harmless both Auctioneer and Seller against any and all damage caused by the acts of the Buyer, or such Buyer’s employees, agents, representatives, or independent contractors in connection with the Pickup. Any and all damages to the Pickup site, including, without being limited to damages to land or buildings, caused by a Buyer or by an employee, agent, representative, or independent contractor of a Buyer, will be repaired by, or at the expense of, such Buyer to the satisfaction of Auctioneer and Seller. Each Buyer must show a copy of the invoice (digital or hard copy) and government-issued photo identification before Lots will be released. No Buyer shall bring pets or young children to the Pickup, as the movement of Lots presents an extremely high-risk environment that could result in injury or death.
  6. Insurance. Any work performed by Purchaser(s) or Purchaser Representative (including sub-contractors) shall be insured and provide proof of coverage against all claims for injuries against persons or damages to property which may arise from or in connection with the removal of items or equipment. Insurance coverage requirements are as follows: General Liability $1,000,000/$2,000,000 and Worker’s Compensation $1,000,000 or as required by State Law. Seller shall be listed as additionally insured, if required.
  7. Abandoned Items. Any Lots not paid in full, not picked up and removed in the time provided (but, under any circumstances, within thirty (30) days after the Auction), or for which payment has not cleared (within five (5) days after the Auction), will be considered abandoned and may be offered for sale at a later auction or subject to other disposition. Such abandonment does not, however, relieve the Buyer or the Buyer’s obligation to make payment in full. Any payments made by or on behalf of a Buyer are non-refundable, and Buyers will remain responsible for the full purchase price of all Lots sold to them. In addition, Buyer’s bidding privileges may be suspended at future auctions.

  1. Claims. With respect to Lots removed from the Auction Site by or on behalf of a Buyer, no claims or returns will be allowed and no claim will be allowed for adjustments or rescission of any sales based on the failure of a Lot to correspond with any standard and/or expectation of the Buyer.
  2. Risk of Loss for Personal Property. Risk of loss with respect to Personal Property passes to the Buyer with the Fall of the Hammer. Neither Auctioneer nor Seller will be liable for any loss or damage to a Lot after such Lot is sold at the Auction, other than as may be directly and solely caused Auctioneer’s negligence, gross negligence, or intentional misconduct in handling and safeguarding the Lot while in Auctioneer’s sole and exclusive possession.
  3. Buyer’s Remedies; Bidders/Buyers Not Entitled to Incidental or Consequential Damages. To the extent that any Bidder or Buyer may be entitled to damages or remedies, the sole and exclusive remedy available to Bidders and Buyers is a return of the Purchase Price actually paid. Under no circumstances will Auctioneer or the Seller be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. Each Bidder acknowledges and agrees that no Bidder or Buyer is entitled to specific performance or other equitable relief.
  4. Seller’s Remedies. If any Buyer breached such Buyer’s obligations under these Terms or under a sale contract with the Seller of Property sold at the Auction, in addition to all other legal and equitable remedies, such property may be resold and the breaching Buyer will be responsible for any and all damages, including any deficiency or reduction in the Purchase Price, along with incidental damages.
  5. Indemnification. Each Bidder agrees to indemnify, defend, and hold Auctioneer and Seller harmless from any current or future claim regarding the Auction or the Property, including, without being limited to, fitness, use, damage, safety, or injuries to persons or property.
  6. Private Sale. No Participant or Registered Bidder may offer to enter into a Private Sale for the purchase of any of the Property prior to, during, or after the Auction. If any of the Property is not Knocked Down at the Auction and Bidder enters into an agreement to buy (i) any of the Personal Property from the Seller within ten (10) days after the Auction, and/or (ii) any of the Real Property within ninety (90) days after the Auction, Bidder shall pay to Auctioneer an amount equal to Auctioneer’s full commission and Buyer’s Premium.
  7. Waiver. Certain provisions of these Bidder Terms are for the exclusive benefit of Auctioneer and/or Seller(s). Such provisions, including, without being limited to, Bidder registration and qualification requirements, deposit and payment terms (including the method, form, and timing of payment), removal and delivery terms, and Property inspection terms), do not create, and will not be deemed to create, any benefits or rights in favor of any other persons, including competing Bidders, and may not be enforced by any other persons. Either globally or on a case by case basis Auctioneer and/or Seller may (but will not be required to) waive any provisions of these Terms that are intended for the benefit of Auctioneer and/or Seller.
  8. Compliance with the Law. Bidder shall not engage in any illegal conduct on the Auction Site and shall comply with all federal, state, and local laws. Bid pooling occurs when Bidders collude to regulate, and artificially suppress, bidding in an effort to reduce the Hammer Price. Anyone participating in bid pooling will be removed from the Auction Site and referred for prosecution. Theft is a serious offense, and, if discovered, will be prosecuted to the fullest extent of the law. Instances of theft will result in immediate termination of bidding and removal from the Auction Site.
  9. Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. These Bidder Terms will be governed by and construed in accordance with the laws of the State of Indiana, including its statutes of limitations, but without regard to its rules governing conflict of laws. All claims, disputes, and other matters between the parties will be brought in the state or federal courts sitting in and for Elkhart County, Indiana, which courts will have exclusive jurisdiction, and will be the exclusive venue, for any and all such claims, disputes, and other matters. By submitting a Bidder Registration and accepting a Bidder Number each Registered Bidder irrevocably and unconditionally (i) agrees that any claim or suit relating to these Bidder Terms, or the transactions contemplated hereby, will be brought in the state or federal courts sitting in and for Elkhart County, Indiana,; (ii) consents to the jurisdiction of such courts for any such claim, suit or cause of action; (iii) waives any objection that such party may have to the laying of venue of any such claim, suit or cause of action in such courts; and (iv) waives any objection to the bringing of such claim, suit or cause of action in such courts on the grounds of forum non conveniens. Each Bidder, Buyer, and other Participants waive the right to a jury trial.
  10. Attorneys’ Fees. If any Participant breaches such Participant’s obligations under these Terms, Auctioneer and/or Seller will be entitled to recover all costs and expenses, including attorneys’ fees incurred in enforcing their rights.

 
Listing Information
Polar Kraft has been acquired by a larger corporation, which has decided to close the facility. Subsequently, a local investment group purchased the entire complex and wishes to liquidate the production line.

00
Information Lot
Type of Auction: Live, onsite, absolute auction. Metalworking equipment.
Highlight Pieces: Late model Toyota forklifts, almost new welders and more!
Auction Agents: Alvin Yoder 260-214-9860 and Jonathon Miller 574-349-4380
 

01
Preview & Inspection
Buyers are responsible to do their own inspection to determine the condition of the items they purchase. Inspections times are available as follows: 

02
Loadout Information

03
Payment Information
Payment terms: 10% Onsite and 13% Online Buyer's Premium in effect for all purchases. Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. 
 

93
3156G Live Heel Log Loader 1/50 Die-Cast Metal Replica
Have fun buying a high-quality, die-cast toy! All proceeds including buyer's premium will go to Feed My Starving Children (FMSC) which is a Christian nonprofit dedicated to seeing every child and person around the world healthy, nourished and whole in body and spirit. Bright Star will pay for standard shipping and handling to the 48 contiguous states for buyers of this lot.
https://www.youtube.com/watch?v=jYATxeDmuzM&t=8s

98
Heavy Equipment Key Set 36 Keys
Shipping available for $20

99
SDRTOP Manual Sealless Steel Strapping Tool
Model A333, works for 1/2" 5/8" or 3/4" banding, new in box. Shipping available for $30

100
Powermax Hyperthem 30XP Plasma Cutter
In working condition.

101
Miller Syncrowave 250 DX Tig Welder
SN: MC390486L. Comes with Miller Coolmate 3. Working condition.

102
Miller Aluma Power 350 MPA Mig Welder
SN: MC370251U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

103
Miller Millermatic 350P Aluminum Mig Welder
SN: NA533002N. Working condition

104
Miller Millermatic 350P Aluminum Mig Welder
SN: NA483005N. Working condition

105
Miller Aluma Power 350 MPA Mig Welder
SN: MC300127U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

106
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490005L. Working condition

107
Powermax Hyperthem 30XP Plasma Cutter
SN: MD440147L. Just came back from repair shop. Working condition

108
Powermax Hypertherm 45 XP Plasma Cutter
Includes Kart. Working condition

109
Miller Aluma Power 350 MPA Mig Welder
SN: MD380201U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

110
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490009L. Working condition

111
Powermax Hyperthem 30XP Plasma Cutter
SN: MB500288L. Working condition

112
Miller 330ST Aircrafter Tig Welder
SN: JK562093. Working condition

113
Miller Millermatic 255 Mig Welder
SN: NC128776N. Working condition

114
Airco Wire Welder
SN: U479555. Steel only. Working condition

115
ESAB PCM-625 Plasma Cutter
Working condition

116
Acetylene Torch Set
Like new cart.

117
Acetylene Torch Set
No cart, but includes wall mounted reel

125
Delta Rockwell Drill Press
Series 15-017. 1 ph, .5 hp, 115 VAC

126
Jet Belt Sander-Grinder
1 ph, 1.5 hp, 115 VAC. Runs but needs a little attention

127
Dayton Pedestal Grinder
1 ph, .75 hp, 115 VAC. Working condition

128
Wellsaw Model 8 Metal Band Saw
SN: 22258. 1 ph, 1 hp, 115 VAC. 14" x 11" H cap. Working condition

129
Rigid 300 Pipe Threader
SN: 7614690. Includes lots of heads, reamer, and cutter. Also has foot pedal. Working condition

130
Shop Press

131
Clausing Model 1634 Press
SN: 118696. 3 ph, .75 hp, 240 VAC. Working condition

132
Imco SN40-50 Toolroom Lathe
SN: 401061050. 3 ph, 240 VAC. Includes Aloris tool post, 3 jaw chuck, and several other chucks and parts. Working condition

133
Acer 3VK11 Ultima Milling Machine
SN: 409650. 3 ph, 240 VAC. Includes some R8 colletts, 2 vises, 2 hold down set, Anilam Wizard 350 2 aris DRO, X-axis power feed, mechanical variable speed.

134
Boyar-Schultz Model 612 Surface Grinder
SN: 8503. 3 ph, 240 VAC. Includes Sarbarbon tool magnetic chuck

135
Di-Acro Press Brake
SN: JG-1294, No: 14-72. 3 ph, 240 VAC. Includes foot pedal and dies. Working condition

136
Hall and Brown 34" Band Saw
SN: 120. 3 ph, 240 VAC. Working condition

137
Rodgers Horizontal Belt Sander
SN: 450094, Model: 45-50"-6". 3 ph, 240 VAC. Working condition

139
Grob Brothers 18" Band Saw
SN: 6290. 3 ph, 240 VAC. Working condition

140
Delta 15" Band Saw
SN: 87638350, 1 ph, 115 VAC. Working condition

141
Hand Notcher
Includes stand

142
2022 Grizzly Model G0555 14" Band Saw
SN: 22010050. 1 ph, 115 VAC. Working condition

143
Motorized Carpet Rack
Powered by 3 ph, 240 VAC, .5 hp motor with gear reduction drive. Holds up to 8 rolls of carpet (carpet not included). Does include control panel. Working condition

144
Striebig Panel Saw
3 ph, 240 VAC. 16' wide and cuts up to 5.5' tall. Includes control panel. Working condition

145
Delta Rockwell 14-RAS Radial Arm Saw
SN: JI6038, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

146
Delta Rockwell 14-RAS Radial Arm Saw
SN: IG9055, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

147
Delta Rockwell 10" Tablesaw
SN: DV7070, 3 ph, 240 VAC. Comes with extra table, 8' x 8'. Working condition

148
VBS 36" Band Saw
SN: 901627, 3 ph, 240 VAC. Working condition

149
Champ Fond RT-66 Pin Router
SN: 660113, 3 ph, 240 VAC. Includes foot pedal

150
Rockwell 43-120 Router
SN: IG1483, 1 ph, 115 VAC. Working condition

151
Ritter R-700 Horizontal Belt Sander
SN: 6050, 3 ph, 240 VAC, 5' wide. Working condition

152
Digitool Model DT408 CNC Router
SN: 004. Includes control panel and 4' x 8' vaccum bed. Working condition

154
Boat Testing Tank
10' wide x 24' long x 30" deep. Includes 2 air powered arms to push boats down

155
Niagra 810 Metal Shear
(1st of an entirety) SN: 61838, 3 ph, 240 VAC, powered by a 15 hp motor. 10' capacity, shears up to 1/4" steel. Working condition

156
Decoiler
(Part of an entirety) 3 ph, 240 VAC, 8' wide capacity. Setup to uncoil metal coils for shear, no control panel

157
Complete Niagra Shear and Decoiler Line Entirety of Lots 155-156
Plus control panel that controls everything. With 10% raise.

158
Coil Flipper
3 ph, 240 VAC. Working condition

159
Engel 5-14 Metal Shear
(1st of an entirety) SN: 500315, 3 ph, 240 VAC, 5' wide capacity. Includes control panel and built in feeder. Working condition

160
Decoiler
(Part of an entirety) 3 ph, 240 VAC. Includes control panel 5' roll capaicty. Working condition

161
Complete Engel Shear, Feeder, and Decoiler Entirety of Lots 159-160
With 10% raise

162
Cincinnati Model 1012 Metal Shear
SN: 38666, 3 ph, 240 VAC, 12' wide x 10 ga. capacity. Includes foot pedal. Working condition

163
Atlantic HDE Metal Shear
SN: 802331, 3 ph, 240 VAC, 6' x 1/4" capacity. Includes foot pedal

164
Accu Press Model 813510 Metal Shear
SN: 901, 3 ph, 240 VAC, 10' x 135 capacity. Includes foot pedal and 10' extra arm. Working condition

165
Linde CM250-806 Shape Cutting Machine
SN: 82/7/2241, 3 ph, 240 VAC. Includes Miller Coolmate 3 cooler, Powermax Hypertherm 65 plasma cutter, all computer controls, Dayton fan and ductwork to ceiling, and suction cup lift attachment

166
Rib Bender
Includes Hydraulic pack, 3 hp, 3 ph, 240 VAC, used to bend internal ribs of boats

167
Accu Press Model 76012 60 Ton Hydraulic Press
SN: 1816, 3 ph, 240 VAC, 12' wide capacity. Includes foot control but no dies. Working condition

168
Pacific Model J40-10 40 Ton Hydraulic Press
SN: 5109, 3 ph, 240 VAC, 10' wide x 16 ga. Includes foot control, backgage, and Automec digital controls. No dies. Working condition

169
Pacific Model J75-8 75 Ton Hydraulic Press
SN: 5599, 3 ph, 240 VAC, 8' wide x 10 ga. Capacity. Includes foot control and Automec digital controls. No dies. Working condition

170
Lot of Press Dies
These dies fit lots 167, 168, and 169. Approximately 200 dies. Includes rack

171
Hydraulic Press
Tonnage, model, and make unknown. 4' wide capacity. Includes foot control and flattening dies, air powered. Working condition

172
Accupress Model 725024 250 Ton Hydraulic Press
SN: 1271, 3 ph, 240 VAC, 24' wide capacity. Includes foot pedal and Automec digital control. No dies or support arims. Working condition

173
Pacific Model 150/18 150 Ton Hydraulic Press
SN: 3387/150/18, 3 ph, 240 VAC, 18' wide capacity. Includes foot pedal and backstop. No dies or support arms. Working condition

174
Rouselle Model 2 Punch Press
SN: 20348, 3 ph, 240 VAC, 15 ton, shut height: 7 3/4, adjustment 1 1/2, Strokes/min: 170, stroke: 2. Working condition

175
Niagra A 3 1/2 Punch Press
3 ph, 240 VAC, 45 ton, includes foot pedal. Working condition

176
Pacific Model 50 PF Hydraulic Punch Press
SN: 5598, 3 ph, 240 VAC, 50 ton. Includes foot pedal. Working condition

177
Rouselle Model 6 Punch Press
SN: FASA 7833, 3 ph, 240 VAC, 40 ton. Working condition

178
Hamilton 847 Punch Press
3 ph, 240 VAC, 250 ton, 7' wide x 3' high x 4' deep. Worked when they stopped using approximately 20 years ago

179
Rib Bender
3 ph, 240 VAC. Used to bend ribs for external of boats. Working condition

180
Rib Bender
3 ph, 240 VAC. Used to bend reinforcemnt ribs on boats. Working condition

181
Pexto Model 3617A Power Rotating Former
SN: 693263, 3 ph, 240 VAC, 18 ga steel capacity. Working condition

182
Graco Paint Pump Setup
Includes a Graco President pump model 207-914, a Graco Monark pump model 217-523, 2 Grqaco Fast pumps and paint stier. Includes cab. Is air powered. Working condition

183
Graco Paint Pump Setup
Includes 2 Graco President pumps, one is model 2231586, a Nordson model 180C pump and 2 paint stirers. Everything is air powered. Includes cab. Working condition

184
Graco Paint Pump and Mixer Setup
Includes 2 Graco Precision Mix II controlers. 2 Graco President pumps model 207-914. 3 Graco Monark pumps model 217-523, model 218-059, model 224343. 4 Nordson model 140893B pumps. 2 Graco fast pumps model 2260942, model 226-941. 1 Binks fast pump model 41-8530, 5 barrel paint stirer and various other parts. All are air powered pumps. Last used approximately 6 years ago

185
Spray Foam Setup
Includes one spray head, but is set up for 2. Also includes approximately 200' of 1 1/2" black pipe to transfer A side and B side from pressurized tanks.

186
Do-All S-F-P 15" Band Saw
SN: 27-531051, 3 ph, 240 VAC, 122" blade length, includes extra table. Working condition

200
Toyota 8FGCU25 Forklift
SN: C6063, meter reads: 1014 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

201
Yale GLC080VXNTAE088 Forklift
SN: G818V01840P, meter reads: 10949 hours, lift capacity: 7500 lbs, 185" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

202
Toyota 8FGCU25 Forklift
SN: 83191, meter reads: 2282 hours, lift capacity 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

203
Toyota 52-6FGCU30 Forklift
SN: 61260, meter reads: 9884 hours, lift capacity: 4500 lbs, 187" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

204
Toyota 8FGCU25 Forklift
SN: 83186, meter reads: 2139 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

205
1985 Manitou T602TC-D All Terrain Forklift
SN: 6020201, meter reads: 190 hours but not believed to be accurate, lift capacity: 6000 lbs, diesel powered, side shift, 143" lift height, 60" forks

206
John Deere 750 Tractor
SN: CH0750S018930, meter reads: 8421 hours, front hydraulic for loader, 3 pt hitch, rear 540 PTO, one weight on front, 4WD, diesel, 3 pt drawbar. Runs and operates

207
Warehouse Vehicle
Gas powered, 6' bed, includes hitch and on board charger

208
Allis Chalmers 706D All-Terrain Forklift
SN: 70603343, meter reads: 380 hours but not believed to be accurate, lift capacity: 6000 lbs, lift height: 20'. Diesel powered, side shift, 14' forks. Has antifreeze leak. Runs and operates

209
Ford Tractor
SN 760625, meter reads 4172 hours, 3 pt hitch, rear 540 PTO and 1 weight on front, powered by a 2 cylinder diesel engine. Runs and operates

210
3pt Brush Mower
5' wide. Works but rough condition

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Sponsored Links

Formerly Polar Kraft Boats – Metalworking Equipment – Syracuse, IN

Bright Star Realty and Auctions, INC

Bright Star Realty and Auctions, INC


Contact: Loren Beachy
Phone: 574-825-0704
Sale Location
300 E Chicago Street
Syracuse, IN 46567
Sale Dates and Times
Wednesday Apr 17, 2024 Completed
Sale Terms and Conditions

Bidder Terms and Conditions
There is a 13% online buyer’s premium in effect for all purchases made online. Buyer’s premium is 10% for onsite bidders. All items sell where is as is with no warranties or guarantees. Buyer is responsible to inspect all merchandise prior to placing bids. Payment terms: Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. All items are pick-up only. Smalls must be removed within 2 days. All items must be removed within 30 days unless otherwise noted. Loadout available day of auction, after that by appointment. Please call agent for more info. Buyer shall assume responsibility of all property when auctioneer says sold. Auction company is not responsible for any missing or stolen items.
These Bidder Terms and Conditions (“Terms”) apply to auctions conducted by BRIGHT STAR REALTY AND AUCTIONS, LLC and constitute a legal, valid, binding, and enforceable contract between Auctioneer and the Bidder. These Terms also form the basis for the final contract of sale between the Seller and the Buyer.
  1. Auctions Conducted Under These Terms. The Auction is conducted under and in accordance with these Terms, the Terms posted on Auctioneer’s website, applicable law, and any announcements or corrections made by Auctioneer during the Auction. By participating in the Auction, whether at the auction site, online, telephonically, or through any other means (including Absentee Bid), Bidder agrees to be bound by, and to abide by, these Terms.
  2. Auctioneer’s Licensing and Bonding. Auctioneer is licensed and bonded where required.
  3. Definitions. The following definitions apply to these Bidder Terms for each auction conducted by Auctioneer:
“Absentee Bid” means a bid submitted in advance by an Absentee Bidder for the execution during the Auction.
“Absentee Bidder” means a person or entity that submits an Absentee Bid.
“Absolute Auction” or “Absolute” applies only if and when expressly indicated and means that property is to be sold to the highest bidder regardless of the amount of the final bid, with no limiting conditions, restrictions, or reservations. UNLESS SPECIFICALLY AND EXPRESSLY STATED BY AUCTIONEER IN WRITING, NO PROPERTY IS BEING SOLD ABSOLUTE OR AT AN ABSOLUTE AUCTION.
“Auction” means the auction sale at which Auctioneer solicits bids, or is scheduled to solicit bids.
“Auction Site” means the physical location of the Auction, or, for an Auction conducted entirely online, the location at which Property may be inspected.
“Bidder Number” means the number or other identifier issued by Auctioneer to a Registered Bidder for the purposes of identifying bids to such Registered Bidder.
“Bidder Registration” means the information provided by a prospective Bidder, and the process of registering such prospective Bidder, to bid at the Auction, including the prospective Bidder’s agreement to be bound by these Bidder Terms.
“Broker Participation Fee” means an amount that is paid to a broker who has participated in procuring a Buyer, or has otherwise assisted in facilitating the sale of Property at the Auction, under the Terms and in the amount established by Auctioneer.
"Buyer" means the Winning Bidder with respect to each Lot of Personal Property.
"Buyer's Premium" is an amount with respect to each Lot of Personal Property sold at the Auction, calculated as a percentage of the Hammer Price, that is payable by the Buyer to Auctioneer for Auctioneer's own account.
“Fall of the Hammer” means the point, after bids have been received, at which Auctioneer declares a Lot of Personal Property “sold” to Bidder acknowledged by Auctioneer as having made the Winning Bid. During an auction that is exclusively online, the Fall of the Hammer will occur electronically at the end of timed (or extended) bidding. In an auction that is Subject to Seller’s Confirmation, the Fall of the Hammer will occur on Seller’s Confirmation of the High Bid Subject to Confirmation.
“Hammer Price” means the high bid amount recognized by Auctioneer with the Fall of the Hammer.
“High Bid” means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot.
“High Bid Subject to Confirmation” means the High Bid amount recognized by Auctioneer at the conclusion of bidding on the Lot put up at Auction Subject to Seller’s Conformation. If the High Bid Subject to Conformation is confirmed by Seller, it will be the Hammer Price.
“High Bidder” means the Bidder recognized by Auctioneer as having made the High Bid with respect to a Lot.
"Knocked Down" or "Knock Down" means, with respect to any Property put up at the Auction, that Auctioneer has acknowledged the Winning Bid with the Fall of the Hammer, or by announcing "sold", or by giving a similar such indication. Property may be Knocked Down electronically at the conclusion of a timed online auction event.
“Lot” means each individual item or grouping of Personal Property offered at one time by Auctioneer.
“No Sale” occurs if Property is put up at the Auction but is not Knocked Down or sold, and Auctioneer passes on such Property or declares a No Sale.
“Online Auction Platform” means the hardware and software utilized to conduct the Auction online and to facilitate online bidding, including any associated, adjunct, and/or complementary websites, services, premiums and promotions.
“Online Auction Platform Provider” means the provider of the Online Auction Platform and related services to conduct Auction online.
"Online Bidding Period" means, with respect to an Auction conducted in whole or in part online, any established period during which bids may be tendered.
“Participant” means any person who attends, or otherwise participates in, the Auction (in person or remotely). The term Participant includes, but is not limited to, Registered Bidders, Bidder, and Buyers.
“Personal Property” means all tangible and moveable property, including fixtures, designated as Property.
“Pick-up” means the act of picking up or removing sold Lots by respective Winning Bidders at the date(s), time(s), and location indicated for such during the Auction or as later agreed to by Seller and Buyer.
“Private Sale” means an event in which Property is sold by Seller, or on Seller’s behalf, other than at the Auction (including a sale at an auction conducted by a person or entity other than Auctioneer).
“Private Sale Price” means the fair market purchase price of the Property paid, or agreed to, at a Private Sale in an arms-length transaction between Seller and the purchaser of the Property. If the Property is sold through a Private Sale for less than its fair market value, or in a transaction that is not an arms-length transaction, or is gifted by Seller, the Private Sale Price will be an amount equal to the fair market value of the Property in an arms-length transaction.
“Property” means the Real Property and the Personal Property.
“Purchase Price” means an amount equal to the Hammer Price or High Bid Subject to Confirmation, as the case may be, plus the Buyer’s Premium.
"Registered Bidder" means a person or entity that has registered to bid at the Auction.
“Registration Deposit” means, if required by Auctioneer, the deposit, in certified funds, made by a Registered Bidder in order to register for the Auction.
“Reserve” or “With Reserve” means that the Auctioneer may Withdraw Property put up at Auction and/or bids may be rejected prior to the Fall of the Hammer. UNLESS SPECIFICALLY AND EXPRESSLY STATED OTHERWISE BY AUCTIONEER IN WRITING, ALL PROPERTY IS BEING WITH RESERVE.
“Reserve Price” means the minimum price that Seller is willing to accept for specific Property.
“Seller’s Confirmation” means Seller’s confirmation, approval, and acceptance of the High Bid Subject to Confirmation acknowledged and recorded by Auctioneer.
“Subject to Seller's Confirmation” means, with respect to any Property expressly identified in this Agreement as being sold Subject to Seller’s Confirmation, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by Auctioneer, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.
“Winning Bid” means the highest bid received and accepted (and if Subject to Seller’s Confirmation, confirmed by Seller).
"Winning Bidder" means the Bidder who is recognized by Auctioneer as having made the Winning Bid.
“Withdraw” refers to the circumstance in which the Property is removed from the Auction, or in which it is determined that such Property will not be offered or sold at the Auction.
  1. Bidder Registration. All persons desiring to bid at the Auction, must register to bid and be issued a Bidder Number. In order to register to bid, each potential Bidder must provide such information (including identifying information and qualifications) as requested by Auctioneer. Auctioneer may refuse to accept a Bidder Registration from any potential Bidder, may refuse to issue a Bidder Number to any potential Bidder, and, if a Registered Bidder breaches any Bidder Terms or engages in improper conduct, Auctioneer may revoke any Bidder Number. By registering to bid at the Auction, each Registered Bidder acknowledges and agrees that such Registered Bidder has read, understands, and agrees to be bound by, these Bidder Terms. In Auctioneer’s discretion, bids may be received from a person who has not registered to bid, and by placing a bid accepted by Auctioneer such unregistered Bidder will be bound by these Bidder Terms and will immediately complete a Bidder Registration.

 

  1. Governing Law.
    1. For Auctions in the State of Indiana and Online. Unless otherwise indicated, all Property is offered for sale in the State of Indiana, and will be sold in the State of Indiana. Notwithstanding the physical location of the Bidder or any Participant, these Terms are deemed to be entered into in the State of Indiana, all bids and payments are deemed to be received in the State of Indiana, and the contract, if any, will be deemed to be formed and entered into in the State of Indiana.
  2. Buyer's Premium. All Property offered at the Auction is subject to a Buyer’s Premium, which will be paid by the Buyer to Auctioneer for Auctioneer's own account. The Buyer's Premium will be calculated as a percentage of the Hammer Price, and will be added to the Hammer Price to determine the final Purchase Price. Buyer agrees to pay the Winning Bid plus the applicable Buyer’s Premium.
  3. Access to Auction Site. Participants assume all risks associated with their presence at the Auction Site or their access to the online bidding platform utilized by Auctioneer. Any person may be denied access to the Auction, the Auction Site, and the online bidding platform utilized by Auctioneer, and may be removed at Auctioneer’s discretion.
  4. Nature of the Auction. This Property is being sold at the Auction in the manner indicated on the first page of this Agreement.
  5. Bidding. Registered Bidders may only bid at the Auction by agreeing to be bound by these Bidder Terms. By bidding, each Registered Bidder acknowledges and agrees that such Registered Bidder has had a full and fair opportunity to read, and understands, these Bidder Terms, and affirms that such Registered Bidder is subject to and bound by these Bidder Terms.
  6. No Bid Retraction. Bidder may not retract a bid that has been acknowledged by Auctioneer or that has been submitted online. Bidder acknowledges and agrees that Auctioneer is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and for such Bidder to bid at the Auction, Bidder agrees not to withdraw or to attempt to withdraw any tendered bid that has been acknowledged by Auctioneer.
  7. Online Auction. The following terms and conditions apply if the Auction is conducted, in whole or in part, online:
    1. Online Bidding Registration. Anyone desiring to bid online, or to establish the possibility of bidding online, will be required to create an online bidding account by completing all necessary forms and providing required information.
    2. Bidder Terms and Conditions; Notices and Announcements. The Auction will be conducted in accordance with Auctioneer's Terms and any notices or announcements by Auctioneer and/or posted on Auctioneer's website.
    3. Posted Times. All times are based on the Eastern Standard Time zone unless stated otherwise. Posted closing times and time displays are approximate. Auctioneer reserves the right to close early or extend the Auction at any time at Auctioneer’s sole and absolute discretion.
    4. Online Bidding Increments. Auctioneer may establish bid increments, and may modify or change bid increments, in Auctioneer's sole and absolute discretion.
    5. Records of Online Activity. Absent clerical errors, Auctioneer’s records will be deemed final and conclusive.
    6. Technology Disruptions. Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, (iii) viruses or software malfunction, or (iv) otherwise. Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, or close the Auction because of disruptions caused by technology failures, even after bidding has commenced.
    7. Failures by Online Auction Platform Provider and its Affiliates or Contractors. Auctioneer may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Auctioneer be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations.
    8. Auto Extend Feature. Any Online Bidding Period may include an auto extend feature. This means that, if an online bid is entered within a set time period approaching the end of the established Online Bidding Period, the Online Bidding Period will automatically be extended for an additional amount of time in increments established by Auctioneer, and will continue to be so extended until there is a set period of time that lapses during which no online bids are received, after which bidding will close.
 
    1. Disclaimer. Auctioneer makes no representations or warranties, and disclaims any representations or warranties, (i) that the Online Auction Platform or any related website or technology will be uninterrupted, error free or virus free, (ii) as to the results that may be obtained by using the Online Auction Platform or any related website or technology, or (iii) as to the accuracy, completeness, reliability, security, or current nature of the Online Auction Platform or any related website technology.
    2. Responsibility for Online Bids. If a Winning Bid is sent to Auctioneer from the computer of a Registered Bidder, and is, thereafter, confirmed by Seller, such Registered Bidder will be the Buyer.
    3. No Reduction or Retraction of Online Bids. Online bids may not be reduced or retracted.
    4. Competing Online and Onsite Bids. In the event of contemporaneously made online and onsite bids, Auctioneer will determine which bid is the successful bid, and may, in Auctioneer’s discretion, reopen the bidding.
    5. Winning Bidders Subject to Certification by Auctioneer. The final determination of the Winning Bidder is subject to certification by Auctioneer; and any email or electronic message (whether generated manually or automatically) is subject to such certification.
  1. Absentee Bids; Remote Bidding. In Auctioneer’s discretion, Auctioneer may receive Absentee Bids and/or bids tendered by remote Bidders (whether telephonically or otherwise). All prebids and maxbids placed online are considered absentee bids. Auctioneer pledges complete integrity in the treatment of absentee bids and absentee bids may be initiated and advanced in accordance with Auctioneer’s policies and procedures. Auctioneer has the right to initiate any absentee bids at 25% to 50% of their maximum amount. Auctioneer will make reasonable efforts to execute Absentee Bids, but Auctioneer will have no liability to any Absentee Bidder for the failure to execute any Absentee Bids for any reason whatsoever. Each Absentee Bidder acknowledges and agrees that Property may be sold to another Bidder for the maximum amount of the Absentee Bid based on a bidding sequence that causes another Bidder to reach such amount first. If the execution of an Absentee Bid at its maximum amount would require Auctioneer to accept a bid that is less than a full bidding increment, Auctioneer has the sole and absolute discretion to accept or reject such bid. An Absentee Bidder may provide instructions to the Auctioneer to advance the bid by one or more bidding increments after the maximum amount of the Absentee Bid is, or would be, reached. Auctioneer acts only as the agent of the Seller, and the receipt and/or execution of Absentee Bids will not create an agency relationship between Auctioneer and any Absentee Bidder.
  2. Bid Increments. Bid increments are established and controlled by Auctioneer, and may be adjusted or modified in Auctioneer’s sole and absolute discretion.
  3. Registered Bidders Responsible for Bids Placed on Bidder Number. Each Registered Bidder is responsible for the Bidder Number issued to such Registered Bidder. Auctioneer is not responsible for monitoring or policing the use of Bidder Numbers, and each Registered Bidder is responsible for all bids made on the Bidder Number issued to such Registered Bidder even if the Registered Bidder claims that the Bidder Number was lost, stolen, or misappropriated, unless notice of a lost, stolen, or misappropriated Bidder Number was provided to Auctioneer prior to an unauthorized bid being made. Absent a clerical error, Auctioneer’s recording of bids against a Bidder Number will be conclusive as to the making of such bid by, or on behalf of, the Registered Bidder.
  4. Withdrawal of Property. Auctioneer has the absolute right to withdraw any Property from the Auction prior to the Fall of the Hammer, unless the Property is explicitly provided that the Property is being sold at an Absolute Auction.
  5. Winning Bid; Buyer. Pursuant to these Bidder Terms, the Bidder making the Winning Bid for any Lot of Personal Property will be the Buyer of such Property.
  6. All Property Sold “AS IS”, “WHERE IS”, and “WITH ALL FAULTS”. ALL PROPERTY IS BEING OFFERED AND SOLD IN ITS AS IS/WHERE IS CONDITION AT THE TIME OF THE AUCTION, WITH ALL FAULTS, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE. NEITHER AUCTIONEER NOR SELLER MAKES ANY REPRESENTATIONS, WARRANTIES, OR GUARANTEES WHATSOEVER, EXPRESS OR IMPLIED, REGARDING THE NATURE, VALUE, SOURCE, AUTHENTICITY, FITNESS, MERCHANTABILITY, AND/OR ANY OTHER ASPECT OR CHARACTERISTICS OF SUCH PROPERTY. NO STATEMENT ANYWHERE, WHETHER EXPRESS OR IMPLIED, INCLUDING VERBAL STATEMENTS MADE BY AUCTIONEER, WILL BE DEEMED A WARRANTY OR REPRESENTATION BY AUCTIONEER OR SELLER. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT, AUTHENTICITY, ORIGIN, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. EACH BIDDER ACKNOWLEDGES AND AGREES THAT HE, SHE, OR IT CANNOT RELY, AND HAS NOT RELIED, ON ANY REPRESENTATION, WARRANTY, OR GUARANTY MADE BY THE SELLER OR ANYONE ACTING AS AGENT OF THE SELLER, ORALLY OR IN WRITING, ABOUT THE PROPERTY, OR ANY OF IT. BY BIDDING, EACH BIDDER ACKNOWLEDGES AND AGREES THAT SUCH BIDDER HAS HAD A FULL AND FAIR OPPORTUNITY TO INSPECT THE PROPERTY, AND IS RELYING SOLELY ON, OR HAS WAIVED, SUCH BIDDER’S INSPECTION AND INVESTIGATION (i) IN DETERMINING WHETHER TO BID, (ii) IN DETERMINING THE AMOUNT OF A BID, AND (iii) IN BIDDING.
  7. Announcements. Subject to the limitation set forth in these Bidder Terms, all terms and conditions and other announcements made by Auctioneer on the day of the Auction are binding and take precedence over any advertisements or listings.
  8. Bidder’s Inspection. By bidding, each Bidder acknowledges and agrees that such Bidder has had a full and fair opportunity to inspect the Property, and is relying solely on, or has waived, such Bidder’s inspection and investigation (i) in determining whether to bid, (ii) in determining the amount of a bid, and (iii) in bidding. Bidder accepts any and all risks associated with the purchase and/or use of the Property. Bidder agrees to defend, hold harmless, indemnify, and protect both Auctioneer and Seller from any all claims of injury arising out of or relating to the purchase or use of the Property.
  9. Description of Property. Unless otherwise expressly stated otherwise in writing, any description of Property is based solely on visual impression, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by Auctioneer.
  10. Contract of Sale for Personal Property. By operation of these Terms, no additional or further writing will be required to evidence the existence of a contract of sale for any Personal Property Knocked-Down at the Auction regardless of the Purchase Price, and these Bidder Terms, together with Auctioneer’s clerking sheets or other physical or digital notation identifying the Lot, the Hammer Price, and the Buyer, will be conclusive evidence as to the terms of the sale. These Bidder Terms will be incorporated into the contract between each Buyer and Seller.
  11. Bidding by or on Behalf of Seller. At an Absolute Auction there is no Seller bidding. The Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Absolute Auction. At a Reserve Auction, the Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Reserve Auction, unless the Auctioneer announces and discloses that the Seller (or someone on behalf of the Seller) will be bidding at the Auction.
  12. Conduct of the Auction. Auctioneer will regulate all matters relating to the conduct of the Auction and Auctioneer’s decisions will be final and binding. Auctioneer will have control over bidding, and Auctioneer will resolve any and all disputes. If (i) a bid is made while the hammer is falling in acceptance of a prior bid or while bidding is otherwise being terminated, or (ii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware of a bid that was unnoticed prior to the Fall of the Hammer or other termination of the bidding, and it is demonstrated to Auctioneer’s satisfaction that such bid was, in fact, timely made, or (iii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware that Auctioneer and a bid assistant or ringman, or multiple bid assistants or ringmen, have acknowledged bids in the same amount bid from different bidders, or (iv) some other bid dispute arises, Auctioneer may, in Auctioneer’s sole and absolute discretion, reopen the bidding (but will not be required to). Any contract formed with the Fall of the Hammer will be subject to the conditions set forth in this Section. If bidding is reopened pursuant to this Section, the bid recognized by Auctioneer prior to the reopening of the bidding will be held, and may not be retracted, and, if no further bids are received, such bid will be the Winning Bid.
  13. Motor Vehicles and Equipment. Any and all motor vehicles and motorized equipment (including, without being limited to, automobiles, trucks, vans, recreational vehicles, motor cycles, motor scooters, tractors, earth moving equipment and other heavy equipment) must be paid in full prior to removal from the Auction Site; and, if any vehicles or equipment is paid for with a check, the vehicle or equipment will not be released unless and until the check clears the drawee bank and the funds have been received by Auctioneer.
  14. All Sales Final. ALL SALES ARE FINAL. NO REFUNDS OR RETURNS.
  15. Sales Tax. Subject to applicable exemptions, if any, each Buyer is responsible for the payment of sales tax for each Lot Knocked-Down at the Auction, which sales tax will be collected by Auctioneer at the time payment is made.
  16. Payment. All Personal Property must be paid for in-full by onsite Buyers on the day of the Auction, at or before the conclusion of the Auction, and before any Property is removed from the Auction Site by or on behalf of the Buyer. Online purchases are due upon receipt of your invoice. Onsite purchases may be paid in cash or approved check, and, when authorized by the Seller and made available by Auctioneer, by credit card or debit card. Cash payments totaling Ten Thousand Dollars ($10,000) or more will not be accepted. If onsite bidders wish to send a wire, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. Online purchases must be paid by credit card or approved check; provided, however, that any online purchases in excess of Two Thousand Five Hundred Dollars ($2,500.00) must be paid by wire transfer or certified funds unless other arrangements are made with Auctioneer in Auctioneer’s sole and absolute discretion.
 
  1. Wire Transfer Payments. Buyer shall obtain verbal verification of all bank account information from Bright Star Auctions prior to initiating transfer. Except as otherwise provided by law, we shall not be liable for any loss or damage due to misplaced, unauthorized or fraudulent fund transfers.
  2. ACH/eCheck Payments. By providing account information to Bright Star Auctions, buyer gives permission for Bright Star Auctions to retain payment information on file and represents they are the authorized account holder. Upon authorization to collect payment from Buyer’s account and prior to transfer, Buyer is responsible to notify their financial institution of the impending transaction. Buyer agrees to notify Bright Star Auctions of any changes in account information.
  3. Returned Checks. Any checks that are returned unpaid will be subject to a returned check fee in the amount of Fifty and 00/100 Dollars ($50.00). In addition to the foregoing, Auctioneer will be entitled to recover, from the issuer of a returned check, all costs and expenses, including attorneys’ fees, for the collection of payment made in the form of a check that has been returned unpaid.
  4. No Stop Payment Orders or Credit Card Chargebacks. Each Bidder agrees that such Bidder will not, under any circumstances, (i) issue a stop payment order with respect to any checks issued at or in connection with the Auction, or (ii) initiate a credit card chargeback with respect to any purchases at the Auction. Each Bidder further agrees that if, in violation of these Terms, a stop payment order is issued or a credit card chargeback is initiated, these Terms will be conclusive evidence of the Bidder’s (i) waiver of any rights to issue a stop payment order or to initiate a credit card chargeback, and (ii) agreement not to issue a stop payment order or to initiate a credit card chargeback; and each Bidder acknowledges and agrees that on Auctioneer’s presentation of these Terms to the bank, credit card company, or other financial institution against which a check was drawn or that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse any stop-payment order and/or deny any credit card chargeback, and will re-credit all amounts to or for the account of Auctioneer. If, in violation of these Terms, a Bidder issues a stop payment order or initiates a credit card chargeback, such Bidder, even if successful, will remain liable for all purchases made at the Auction, and will be responsible for all costs and expenses, including attorneys’ fees, incurred by or on behalf of Auctioneer and/or Seller in challenging the stop payment order or credit card chargeback and in collecting payment. Each Bidder acknowledges and agrees that the covenant not to issue a stop payment order or to initiate a credit card chargeback is a condition to the issuance of a Bidder Number to such Bidder, and is being made as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and to issue a Bidder Number. Each Bidder acknowledges and agrees that Auctioneer is relying on the covenant not to issue a stop payment order or to initiate a credit card chargeback in accepting such Bidder’s Bidder Registration and in issuing a Bidder Number.
  5. Pick-up and Removal; Shipping. Each Buyer is responsible for removal of Lots purchased at the Auction, including shipping to remote Buyers. Pick-up and removal dates and times will be as posted on Auctioneer’s website or announced at the Auction. Unless otherwise agreed, each Buyer is solely responsible for the disassembly, removal, shipping, and transportation of each Lot purchased by such Buyer. Tools, packing material, and/or assistance will not be supplied at Pickup, so Buyer must plan accordingly. Disassembly and removal shall be done in a quiet and workmanlike manner, and each Buyer, in making its bid, shall thereby indemnify and hold harmless both Auctioneer and Seller against any and all damage caused by the acts of the Buyer, or such Buyer’s employees, agents, representatives, or independent contractors in connection with the Pickup. Any and all damages to the Pickup site, including, without being limited to damages to land or buildings, caused by a Buyer or by an employee, agent, representative, or independent contractor of a Buyer, will be repaired by, or at the expense of, such Buyer to the satisfaction of Auctioneer and Seller. Each Buyer must show a copy of the invoice (digital or hard copy) and government-issued photo identification before Lots will be released. No Buyer shall bring pets or young children to the Pickup, as the movement of Lots presents an extremely high-risk environment that could result in injury or death.
  6. Insurance. Any work performed by Purchaser(s) or Purchaser Representative (including sub-contractors) shall be insured and provide proof of coverage against all claims for injuries against persons or damages to property which may arise from or in connection with the removal of items or equipment. Insurance coverage requirements are as follows: General Liability $1,000,000/$2,000,000 and Worker’s Compensation $1,000,000 or as required by State Law. Seller shall be listed as additionally insured, if required.
  7. Abandoned Items. Any Lots not paid in full, not picked up and removed in the time provided (but, under any circumstances, within thirty (30) days after the Auction), or for which payment has not cleared (within five (5) days after the Auction), will be considered abandoned and may be offered for sale at a later auction or subject to other disposition. Such abandonment does not, however, relieve the Buyer or the Buyer’s obligation to make payment in full. Any payments made by or on behalf of a Buyer are non-refundable, and Buyers will remain responsible for the full purchase price of all Lots sold to them. In addition, Buyer’s bidding privileges may be suspended at future auctions.

  1. Claims. With respect to Lots removed from the Auction Site by or on behalf of a Buyer, no claims or returns will be allowed and no claim will be allowed for adjustments or rescission of any sales based on the failure of a Lot to correspond with any standard and/or expectation of the Buyer.
  2. Risk of Loss for Personal Property. Risk of loss with respect to Personal Property passes to the Buyer with the Fall of the Hammer. Neither Auctioneer nor Seller will be liable for any loss or damage to a Lot after such Lot is sold at the Auction, other than as may be directly and solely caused Auctioneer’s negligence, gross negligence, or intentional misconduct in handling and safeguarding the Lot while in Auctioneer’s sole and exclusive possession.
  3. Buyer’s Remedies; Bidders/Buyers Not Entitled to Incidental or Consequential Damages. To the extent that any Bidder or Buyer may be entitled to damages or remedies, the sole and exclusive remedy available to Bidders and Buyers is a return of the Purchase Price actually paid. Under no circumstances will Auctioneer or the Seller be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. Each Bidder acknowledges and agrees that no Bidder or Buyer is entitled to specific performance or other equitable relief.
  4. Seller’s Remedies. If any Buyer breached such Buyer’s obligations under these Terms or under a sale contract with the Seller of Property sold at the Auction, in addition to all other legal and equitable remedies, such property may be resold and the breaching Buyer will be responsible for any and all damages, including any deficiency or reduction in the Purchase Price, along with incidental damages.
  5. Indemnification. Each Bidder agrees to indemnify, defend, and hold Auctioneer and Seller harmless from any current or future claim regarding the Auction or the Property, including, without being limited to, fitness, use, damage, safety, or injuries to persons or property.
  6. Private Sale. No Participant or Registered Bidder may offer to enter into a Private Sale for the purchase of any of the Property prior to, during, or after the Auction. If any of the Property is not Knocked Down at the Auction and Bidder enters into an agreement to buy (i) any of the Personal Property from the Seller within ten (10) days after the Auction, and/or (ii) any of the Real Property within ninety (90) days after the Auction, Bidder shall pay to Auctioneer an amount equal to Auctioneer’s full commission and Buyer’s Premium.
  7. Waiver. Certain provisions of these Bidder Terms are for the exclusive benefit of Auctioneer and/or Seller(s). Such provisions, including, without being limited to, Bidder registration and qualification requirements, deposit and payment terms (including the method, form, and timing of payment), removal and delivery terms, and Property inspection terms), do not create, and will not be deemed to create, any benefits or rights in favor of any other persons, including competing Bidders, and may not be enforced by any other persons. Either globally or on a case by case basis Auctioneer and/or Seller may (but will not be required to) waive any provisions of these Terms that are intended for the benefit of Auctioneer and/or Seller.
  8. Compliance with the Law. Bidder shall not engage in any illegal conduct on the Auction Site and shall comply with all federal, state, and local laws. Bid pooling occurs when Bidders collude to regulate, and artificially suppress, bidding in an effort to reduce the Hammer Price. Anyone participating in bid pooling will be removed from the Auction Site and referred for prosecution. Theft is a serious offense, and, if discovered, will be prosecuted to the fullest extent of the law. Instances of theft will result in immediate termination of bidding and removal from the Auction Site.
  9. Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. These Bidder Terms will be governed by and construed in accordance with the laws of the State of Indiana, including its statutes of limitations, but without regard to its rules governing conflict of laws. All claims, disputes, and other matters between the parties will be brought in the state or federal courts sitting in and for Elkhart County, Indiana, which courts will have exclusive jurisdiction, and will be the exclusive venue, for any and all such claims, disputes, and other matters. By submitting a Bidder Registration and accepting a Bidder Number each Registered Bidder irrevocably and unconditionally (i) agrees that any claim or suit relating to these Bidder Terms, or the transactions contemplated hereby, will be brought in the state or federal courts sitting in and for Elkhart County, Indiana,; (ii) consents to the jurisdiction of such courts for any such claim, suit or cause of action; (iii) waives any objection that such party may have to the laying of venue of any such claim, suit or cause of action in such courts; and (iv) waives any objection to the bringing of such claim, suit or cause of action in such courts on the grounds of forum non conveniens. Each Bidder, Buyer, and other Participants waive the right to a jury trial.
  10. Attorneys’ Fees. If any Participant breaches such Participant’s obligations under these Terms, Auctioneer and/or Seller will be entitled to recover all costs and expenses, including attorneys’ fees incurred in enforcing their rights.

 
Listing Details
Polar Kraft has been acquired by a larger corporation, which has decided to close the facility. Subsequently, a local investment group purchased the entire complex and wishes to liquidate the production line.

00
Information Lot
Type of Auction: Live, onsite, absolute auction. Metalworking equipment.
Highlight Pieces: Late model Toyota forklifts, almost new welders and more!
Auction Agents: Alvin Yoder 260-214-9860 and Jonathon Miller 574-349-4380
 

01
Preview & Inspection
Buyers are responsible to do their own inspection to determine the condition of the items they purchase. Inspections times are available as follows: 

02
Loadout Information

03
Payment Information
Payment terms: 10% Onsite and 13% Online Buyer's Premium in effect for all purchases. Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. 
 

93
3156G Live Heel Log Loader 1/50 Die-Cast Metal Replica
Have fun buying a high-quality, die-cast toy! All proceeds including buyer's premium will go to Feed My Starving Children (FMSC) which is a Christian nonprofit dedicated to seeing every child and person around the world healthy, nourished and whole in body and spirit. Bright Star will pay for standard shipping and handling to the 48 contiguous states for buyers of this lot.
https://www.youtube.com/watch?v=jYATxeDmuzM&t=8s

98
Heavy Equipment Key Set 36 Keys
Shipping available for $20

99
SDRTOP Manual Sealless Steel Strapping Tool
Model A333, works for 1/2" 5/8" or 3/4" banding, new in box. Shipping available for $30

100
Powermax Hyperthem 30XP Plasma Cutter
In working condition.

101
Miller Syncrowave 250 DX Tig Welder
SN: MC390486L. Comes with Miller Coolmate 3. Working condition.

102
Miller Aluma Power 350 MPA Mig Welder
SN: MC370251U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

103
Miller Millermatic 350P Aluminum Mig Welder
SN: NA533002N. Working condition

104
Miller Millermatic 350P Aluminum Mig Welder
SN: NA483005N. Working condition

105
Miller Aluma Power 350 MPA Mig Welder
SN: MC300127U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

106
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490005L. Working condition

107
Powermax Hyperthem 30XP Plasma Cutter
SN: MD440147L. Just came back from repair shop. Working condition

108
Powermax Hypertherm 45 XP Plasma Cutter
Includes Kart. Working condition

109
Miller Aluma Power 350 MPA Mig Welder
SN: MD380201U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

110
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490009L. Working condition

111
Powermax Hyperthem 30XP Plasma Cutter
SN: MB500288L. Working condition

112
Miller 330ST Aircrafter Tig Welder
SN: JK562093. Working condition

113
Miller Millermatic 255 Mig Welder
SN: NC128776N. Working condition

114
Airco Wire Welder
SN: U479555. Steel only. Working condition

115
ESAB PCM-625 Plasma Cutter
Working condition

116
Acetylene Torch Set
Like new cart.

117
Acetylene Torch Set
No cart, but includes wall mounted reel

125
Delta Rockwell Drill Press
Series 15-017. 1 ph, .5 hp, 115 VAC

126
Jet Belt Sander-Grinder
1 ph, 1.5 hp, 115 VAC. Runs but needs a little attention

127
Dayton Pedestal Grinder
1 ph, .75 hp, 115 VAC. Working condition

128
Wellsaw Model 8 Metal Band Saw
SN: 22258. 1 ph, 1 hp, 115 VAC. 14" x 11" H cap. Working condition

129
Rigid 300 Pipe Threader
SN: 7614690. Includes lots of heads, reamer, and cutter. Also has foot pedal. Working condition

130
Shop Press

131
Clausing Model 1634 Press
SN: 118696. 3 ph, .75 hp, 240 VAC. Working condition

132
Imco SN40-50 Toolroom Lathe
SN: 401061050. 3 ph, 240 VAC. Includes Aloris tool post, 3 jaw chuck, and several other chucks and parts. Working condition

133
Acer 3VK11 Ultima Milling Machine
SN: 409650. 3 ph, 240 VAC. Includes some R8 colletts, 2 vises, 2 hold down set, Anilam Wizard 350 2 aris DRO, X-axis power feed, mechanical variable speed.

134
Boyar-Schultz Model 612 Surface Grinder
SN: 8503. 3 ph, 240 VAC. Includes Sarbarbon tool magnetic chuck

135
Di-Acro Press Brake
SN: JG-1294, No: 14-72. 3 ph, 240 VAC. Includes foot pedal and dies. Working condition

136
Hall and Brown 34" Band Saw
SN: 120. 3 ph, 240 VAC. Working condition

137
Rodgers Horizontal Belt Sander
SN: 450094, Model: 45-50"-6". 3 ph, 240 VAC. Working condition

139
Grob Brothers 18" Band Saw
SN: 6290. 3 ph, 240 VAC. Working condition

140
Delta 15" Band Saw
SN: 87638350, 1 ph, 115 VAC. Working condition

141
Hand Notcher
Includes stand

142
2022 Grizzly Model G0555 14" Band Saw
SN: 22010050. 1 ph, 115 VAC. Working condition

143
Motorized Carpet Rack
Powered by 3 ph, 240 VAC, .5 hp motor with gear reduction drive. Holds up to 8 rolls of carpet (carpet not included). Does include control panel. Working condition

144
Striebig Panel Saw
3 ph, 240 VAC. 16' wide and cuts up to 5.5' tall. Includes control panel. Working condition

145
Delta Rockwell 14-RAS Radial Arm Saw
SN: JI6038, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

146
Delta Rockwell 14-RAS Radial Arm Saw
SN: IG9055, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

147
Delta Rockwell 10" Tablesaw
SN: DV7070, 3 ph, 240 VAC. Comes with extra table, 8' x 8'. Working condition

148
VBS 36" Band Saw
SN: 901627, 3 ph, 240 VAC. Working condition

149
Champ Fond RT-66 Pin Router
SN: 660113, 3 ph, 240 VAC. Includes foot pedal

150
Rockwell 43-120 Router
SN: IG1483, 1 ph, 115 VAC. Working condition

151
Ritter R-700 Horizontal Belt Sander
SN: 6050, 3 ph, 240 VAC, 5' wide. Working condition

152
Digitool Model DT408 CNC Router
SN: 004. Includes control panel and 4' x 8' vaccum bed. Working condition

154
Boat Testing Tank
10' wide x 24' long x 30" deep. Includes 2 air powered arms to push boats down

155
Niagra 810 Metal Shear
(1st of an entirety) SN: 61838, 3 ph, 240 VAC, powered by a 15 hp motor. 10' capacity, shears up to 1/4" steel. Working condition

156
Decoiler
(Part of an entirety) 3 ph, 240 VAC, 8' wide capacity. Setup to uncoil metal coils for shear, no control panel

157
Complete Niagra Shear and Decoiler Line Entirety of Lots 155-156
Plus control panel that controls everything. With 10% raise.

158
Coil Flipper
3 ph, 240 VAC. Working condition

159
Engel 5-14 Metal Shear
(1st of an entirety) SN: 500315, 3 ph, 240 VAC, 5' wide capacity. Includes control panel and built in feeder. Working condition

160
Decoiler
(Part of an entirety) 3 ph, 240 VAC. Includes control panel 5' roll capaicty. Working condition

161
Complete Engel Shear, Feeder, and Decoiler Entirety of Lots 159-160
With 10% raise

162
Cincinnati Model 1012 Metal Shear
SN: 38666, 3 ph, 240 VAC, 12' wide x 10 ga. capacity. Includes foot pedal. Working condition

163
Atlantic HDE Metal Shear
SN: 802331, 3 ph, 240 VAC, 6' x 1/4" capacity. Includes foot pedal

164
Accu Press Model 813510 Metal Shear
SN: 901, 3 ph, 240 VAC, 10' x 135 capacity. Includes foot pedal and 10' extra arm. Working condition

165
Linde CM250-806 Shape Cutting Machine
SN: 82/7/2241, 3 ph, 240 VAC. Includes Miller Coolmate 3 cooler, Powermax Hypertherm 65 plasma cutter, all computer controls, Dayton fan and ductwork to ceiling, and suction cup lift attachment

166
Rib Bender
Includes Hydraulic pack, 3 hp, 3 ph, 240 VAC, used to bend internal ribs of boats

167
Accu Press Model 76012 60 Ton Hydraulic Press
SN: 1816, 3 ph, 240 VAC, 12' wide capacity. Includes foot control but no dies. Working condition

168
Pacific Model J40-10 40 Ton Hydraulic Press
SN: 5109, 3 ph, 240 VAC, 10' wide x 16 ga. Includes foot control, backgage, and Automec digital controls. No dies. Working condition

169
Pacific Model J75-8 75 Ton Hydraulic Press
SN: 5599, 3 ph, 240 VAC, 8' wide x 10 ga. Capacity. Includes foot control and Automec digital controls. No dies. Working condition

170
Lot of Press Dies
These dies fit lots 167, 168, and 169. Approximately 200 dies. Includes rack

171
Hydraulic Press
Tonnage, model, and make unknown. 4' wide capacity. Includes foot control and flattening dies, air powered. Working condition

172
Accupress Model 725024 250 Ton Hydraulic Press
SN: 1271, 3 ph, 240 VAC, 24' wide capacity. Includes foot pedal and Automec digital control. No dies or support arims. Working condition

173
Pacific Model 150/18 150 Ton Hydraulic Press
SN: 3387/150/18, 3 ph, 240 VAC, 18' wide capacity. Includes foot pedal and backstop. No dies or support arms. Working condition

174
Rouselle Model 2 Punch Press
SN: 20348, 3 ph, 240 VAC, 15 ton, shut height: 7 3/4, adjustment 1 1/2, Strokes/min: 170, stroke: 2. Working condition

175
Niagra A 3 1/2 Punch Press
3 ph, 240 VAC, 45 ton, includes foot pedal. Working condition

176
Pacific Model 50 PF Hydraulic Punch Press
SN: 5598, 3 ph, 240 VAC, 50 ton. Includes foot pedal. Working condition

177
Rouselle Model 6 Punch Press
SN: FASA 7833, 3 ph, 240 VAC, 40 ton. Working condition

178
Hamilton 847 Punch Press
3 ph, 240 VAC, 250 ton, 7' wide x 3' high x 4' deep. Worked when they stopped using approximately 20 years ago

179
Rib Bender
3 ph, 240 VAC. Used to bend ribs for external of boats. Working condition

180
Rib Bender
3 ph, 240 VAC. Used to bend reinforcemnt ribs on boats. Working condition

181
Pexto Model 3617A Power Rotating Former
SN: 693263, 3 ph, 240 VAC, 18 ga steel capacity. Working condition

182
Graco Paint Pump Setup
Includes a Graco President pump model 207-914, a Graco Monark pump model 217-523, 2 Grqaco Fast pumps and paint stier. Includes cab. Is air powered. Working condition

183
Graco Paint Pump Setup
Includes 2 Graco President pumps, one is model 2231586, a Nordson model 180C pump and 2 paint stirers. Everything is air powered. Includes cab. Working condition

184
Graco Paint Pump and Mixer Setup
Includes 2 Graco Precision Mix II controlers. 2 Graco President pumps model 207-914. 3 Graco Monark pumps model 217-523, model 218-059, model 224343. 4 Nordson model 140893B pumps. 2 Graco fast pumps model 2260942, model 226-941. 1 Binks fast pump model 41-8530, 5 barrel paint stirer and various other parts. All are air powered pumps. Last used approximately 6 years ago

185
Spray Foam Setup
Includes one spray head, but is set up for 2. Also includes approximately 200' of 1 1/2" black pipe to transfer A side and B side from pressurized tanks.

186
Do-All S-F-P 15" Band Saw
SN: 27-531051, 3 ph, 240 VAC, 122" blade length, includes extra table. Working condition

200
Toyota 8FGCU25 Forklift
SN: C6063, meter reads: 1014 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

201
Yale GLC080VXNTAE088 Forklift
SN: G818V01840P, meter reads: 10949 hours, lift capacity: 7500 lbs, 185" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

202
Toyota 8FGCU25 Forklift
SN: 83191, meter reads: 2282 hours, lift capacity 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

203
Toyota 52-6FGCU30 Forklift
SN: 61260, meter reads: 9884 hours, lift capacity: 4500 lbs, 187" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

204
Toyota 8FGCU25 Forklift
SN: 83186, meter reads: 2139 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

205
1985 Manitou T602TC-D All Terrain Forklift
SN: 6020201, meter reads: 190 hours but not believed to be accurate, lift capacity: 6000 lbs, diesel powered, side shift, 143" lift height, 60" forks

206
John Deere 750 Tractor
SN: CH0750S018930, meter reads: 8421 hours, front hydraulic for loader, 3 pt hitch, rear 540 PTO, one weight on front, 4WD, diesel, 3 pt drawbar. Runs and operates

207
Warehouse Vehicle
Gas powered, 6' bed, includes hitch and on board charger

208
Allis Chalmers 706D All-Terrain Forklift
SN: 70603343, meter reads: 380 hours but not believed to be accurate, lift capacity: 6000 lbs, lift height: 20'. Diesel powered, side shift, 14' forks. Has antifreeze leak. Runs and operates

209
Ford Tractor
SN 760625, meter reads 4172 hours, 3 pt hitch, rear 540 PTO and 1 weight on front, powered by a 2 cylinder diesel engine. Runs and operates

210
3pt Brush Mower
5' wide. Works but rough condition

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Formerly Polar Kraft Boats – Metalworking Equipment – Syracuse, IN
 Live Auction
 
Auction Date(s)
Wednesday Apr 17, 2024 Completed
Auction Location

Syracuse, IN 46567
Company
Bright Star Realty and Auctions, INC

Contact: Loren Beachy
Phone: 574-825-0704
Website: brightstarauctions.com

Listing Terms and Conditions

Bidder Terms and Conditions
There is a 13% online buyer’s premium in effect for all purchases made online. Buyer’s premium is 10% for onsite bidders. All items sell where is as is with no warranties or guarantees. Buyer is responsible to inspect all merchandise prior to placing bids. Payment terms: Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. All items are pick-up only. Smalls must be removed within 2 days. All items must be removed within 30 days unless otherwise noted. Loadout available day of auction, after that by appointment. Please call agent for more info. Buyer shall assume responsibility of all property when auctioneer says sold. Auction company is not responsible for any missing or stolen items.
These Bidder Terms and Conditions (“Terms”) apply to auctions conducted by BRIGHT STAR REALTY AND AUCTIONS, LLC and constitute a legal, valid, binding, and enforceable contract between Auctioneer and the Bidder. These Terms also form the basis for the final contract of sale between the Seller and the Buyer.
  1. Auctions Conducted Under These Terms. The Auction is conducted under and in accordance with these Terms, the Terms posted on Auctioneer’s website, applicable law, and any announcements or corrections made by Auctioneer during the Auction. By participating in the Auction, whether at the auction site, online, telephonically, or through any other means (including Absentee Bid), Bidder agrees to be bound by, and to abide by, these Terms.
  2. Auctioneer’s Licensing and Bonding. Auctioneer is licensed and bonded where required.
  3. Definitions. The following definitions apply to these Bidder Terms for each auction conducted by Auctioneer:
“Absentee Bid” means a bid submitted in advance by an Absentee Bidder for the execution during the Auction.
“Absentee Bidder” means a person or entity that submits an Absentee Bid.
“Absolute Auction” or “Absolute” applies only if and when expressly indicated and means that property is to be sold to the highest bidder regardless of the amount of the final bid, with no limiting conditions, restrictions, or reservations. UNLESS SPECIFICALLY AND EXPRESSLY STATED BY AUCTIONEER IN WRITING, NO PROPERTY IS BEING SOLD ABSOLUTE OR AT AN ABSOLUTE AUCTION.
“Auction” means the auction sale at which Auctioneer solicits bids, or is scheduled to solicit bids.
“Auction Site” means the physical location of the Auction, or, for an Auction conducted entirely online, the location at which Property may be inspected.
“Bidder Number” means the number or other identifier issued by Auctioneer to a Registered Bidder for the purposes of identifying bids to such Registered Bidder.
“Bidder Registration” means the information provided by a prospective Bidder, and the process of registering such prospective Bidder, to bid at the Auction, including the prospective Bidder’s agreement to be bound by these Bidder Terms.
“Broker Participation Fee” means an amount that is paid to a broker who has participated in procuring a Buyer, or has otherwise assisted in facilitating the sale of Property at the Auction, under the Terms and in the amount established by Auctioneer.
"Buyer" means the Winning Bidder with respect to each Lot of Personal Property.
"Buyer's Premium" is an amount with respect to each Lot of Personal Property sold at the Auction, calculated as a percentage of the Hammer Price, that is payable by the Buyer to Auctioneer for Auctioneer's own account.
“Fall of the Hammer” means the point, after bids have been received, at which Auctioneer declares a Lot of Personal Property “sold” to Bidder acknowledged by Auctioneer as having made the Winning Bid. During an auction that is exclusively online, the Fall of the Hammer will occur electronically at the end of timed (or extended) bidding. In an auction that is Subject to Seller’s Confirmation, the Fall of the Hammer will occur on Seller’s Confirmation of the High Bid Subject to Confirmation.
“Hammer Price” means the high bid amount recognized by Auctioneer with the Fall of the Hammer.
“High Bid” means the high bid amount recognized by Auctioneer at the conclusion of bidding on a Lot.
“High Bid Subject to Confirmation” means the High Bid amount recognized by Auctioneer at the conclusion of bidding on the Lot put up at Auction Subject to Seller’s Conformation. If the High Bid Subject to Conformation is confirmed by Seller, it will be the Hammer Price.
“High Bidder” means the Bidder recognized by Auctioneer as having made the High Bid with respect to a Lot.
"Knocked Down" or "Knock Down" means, with respect to any Property put up at the Auction, that Auctioneer has acknowledged the Winning Bid with the Fall of the Hammer, or by announcing "sold", or by giving a similar such indication. Property may be Knocked Down electronically at the conclusion of a timed online auction event.
“Lot” means each individual item or grouping of Personal Property offered at one time by Auctioneer.
“No Sale” occurs if Property is put up at the Auction but is not Knocked Down or sold, and Auctioneer passes on such Property or declares a No Sale.
“Online Auction Platform” means the hardware and software utilized to conduct the Auction online and to facilitate online bidding, including any associated, adjunct, and/or complementary websites, services, premiums and promotions.
“Online Auction Platform Provider” means the provider of the Online Auction Platform and related services to conduct Auction online.
"Online Bidding Period" means, with respect to an Auction conducted in whole or in part online, any established period during which bids may be tendered.
“Participant” means any person who attends, or otherwise participates in, the Auction (in person or remotely). The term Participant includes, but is not limited to, Registered Bidders, Bidder, and Buyers.
“Personal Property” means all tangible and moveable property, including fixtures, designated as Property.
“Pick-up” means the act of picking up or removing sold Lots by respective Winning Bidders at the date(s), time(s), and location indicated for such during the Auction or as later agreed to by Seller and Buyer.
“Private Sale” means an event in which Property is sold by Seller, or on Seller’s behalf, other than at the Auction (including a sale at an auction conducted by a person or entity other than Auctioneer).
“Private Sale Price” means the fair market purchase price of the Property paid, or agreed to, at a Private Sale in an arms-length transaction between Seller and the purchaser of the Property. If the Property is sold through a Private Sale for less than its fair market value, or in a transaction that is not an arms-length transaction, or is gifted by Seller, the Private Sale Price will be an amount equal to the fair market value of the Property in an arms-length transaction.
“Property” means the Real Property and the Personal Property.
“Purchase Price” means an amount equal to the Hammer Price or High Bid Subject to Confirmation, as the case may be, plus the Buyer’s Premium.
"Registered Bidder" means a person or entity that has registered to bid at the Auction.
“Registration Deposit” means, if required by Auctioneer, the deposit, in certified funds, made by a Registered Bidder in order to register for the Auction.
“Reserve” or “With Reserve” means that the Auctioneer may Withdraw Property put up at Auction and/or bids may be rejected prior to the Fall of the Hammer. UNLESS SPECIFICALLY AND EXPRESSLY STATED OTHERWISE BY AUCTIONEER IN WRITING, ALL PROPERTY IS BEING WITH RESERVE.
“Reserve Price” means the minimum price that Seller is willing to accept for specific Property.
“Seller’s Confirmation” means Seller’s confirmation, approval, and acceptance of the High Bid Subject to Confirmation acknowledged and recorded by Auctioneer.
“Subject to Seller's Confirmation” means, with respect to any Property expressly identified in this Agreement as being sold Subject to Seller’s Confirmation, that after the High Bid Subject to Seller’s Confirmation has been received and acknowledged by Auctioneer, Seller may determine, in Seller's sole and absolute discretion, to (i) accept such bid or (ii) reject such bid.
“Winning Bid” means the highest bid received and accepted (and if Subject to Seller’s Confirmation, confirmed by Seller).
"Winning Bidder" means the Bidder who is recognized by Auctioneer as having made the Winning Bid.
“Withdraw” refers to the circumstance in which the Property is removed from the Auction, or in which it is determined that such Property will not be offered or sold at the Auction.
  1. Bidder Registration. All persons desiring to bid at the Auction, must register to bid and be issued a Bidder Number. In order to register to bid, each potential Bidder must provide such information (including identifying information and qualifications) as requested by Auctioneer. Auctioneer may refuse to accept a Bidder Registration from any potential Bidder, may refuse to issue a Bidder Number to any potential Bidder, and, if a Registered Bidder breaches any Bidder Terms or engages in improper conduct, Auctioneer may revoke any Bidder Number. By registering to bid at the Auction, each Registered Bidder acknowledges and agrees that such Registered Bidder has read, understands, and agrees to be bound by, these Bidder Terms. In Auctioneer’s discretion, bids may be received from a person who has not registered to bid, and by placing a bid accepted by Auctioneer such unregistered Bidder will be bound by these Bidder Terms and will immediately complete a Bidder Registration.

 

  1. Governing Law.
    1. For Auctions in the State of Indiana and Online. Unless otherwise indicated, all Property is offered for sale in the State of Indiana, and will be sold in the State of Indiana. Notwithstanding the physical location of the Bidder or any Participant, these Terms are deemed to be entered into in the State of Indiana, all bids and payments are deemed to be received in the State of Indiana, and the contract, if any, will be deemed to be formed and entered into in the State of Indiana.
  2. Buyer's Premium. All Property offered at the Auction is subject to a Buyer’s Premium, which will be paid by the Buyer to Auctioneer for Auctioneer's own account. The Buyer's Premium will be calculated as a percentage of the Hammer Price, and will be added to the Hammer Price to determine the final Purchase Price. Buyer agrees to pay the Winning Bid plus the applicable Buyer’s Premium.
  3. Access to Auction Site. Participants assume all risks associated with their presence at the Auction Site or their access to the online bidding platform utilized by Auctioneer. Any person may be denied access to the Auction, the Auction Site, and the online bidding platform utilized by Auctioneer, and may be removed at Auctioneer’s discretion.
  4. Nature of the Auction. This Property is being sold at the Auction in the manner indicated on the first page of this Agreement.
  5. Bidding. Registered Bidders may only bid at the Auction by agreeing to be bound by these Bidder Terms. By bidding, each Registered Bidder acknowledges and agrees that such Registered Bidder has had a full and fair opportunity to read, and understands, these Bidder Terms, and affirms that such Registered Bidder is subject to and bound by these Bidder Terms.
  6. No Bid Retraction. Bidder may not retract a bid that has been acknowledged by Auctioneer or that has been submitted online. Bidder acknowledges and agrees that Auctioneer is acting in reliance on tendered bids in the conduct of the Auction, and that bid retraction is disruptive and interferes with the Auction, and that, as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and for such Bidder to bid at the Auction, Bidder agrees not to withdraw or to attempt to withdraw any tendered bid that has been acknowledged by Auctioneer.
  7. Online Auction. The following terms and conditions apply if the Auction is conducted, in whole or in part, online:
    1. Online Bidding Registration. Anyone desiring to bid online, or to establish the possibility of bidding online, will be required to create an online bidding account by completing all necessary forms and providing required information.
    2. Bidder Terms and Conditions; Notices and Announcements. The Auction will be conducted in accordance with Auctioneer's Terms and any notices or announcements by Auctioneer and/or posted on Auctioneer's website.
    3. Posted Times. All times are based on the Eastern Standard Time zone unless stated otherwise. Posted closing times and time displays are approximate. Auctioneer reserves the right to close early or extend the Auction at any time at Auctioneer’s sole and absolute discretion.
    4. Online Bidding Increments. Auctioneer may establish bid increments, and may modify or change bid increments, in Auctioneer's sole and absolute discretion.
    5. Records of Online Activity. Absent clerical errors, Auctioneer’s records will be deemed final and conclusive.
    6. Technology Disruptions. Auctioneer will not be responsible for technology disruptions, errors, or failures (including disruptions to bidding or the failure to execute, recognize, or record online bids), whether caused by (i) loss of connectivity, breakdown, disruption, or failure of the Online Auction Platform, (ii) breakdown, disruption, or failure of a Bidder's internet connection, computer, or system, (iii) viruses or software malfunction, or (iv) otherwise. Auctioneer may, but will not be required to, continue, suspend, delay, extend, reschedule, or close the Auction because of disruptions caused by technology failures, even after bidding has commenced.
    7. Failures by Online Auction Platform Provider and its Affiliates or Contractors. Auctioneer may use an Online Auction Platform Provider to facilitate the Auction. Under no circumstances will Auctioneer be liable for any failure of the Online Auction Platform Provider to perform all or any of its obligations, or for the failure of any affiliates, employees, agents, representatives, or contractors of the Online Auction Platform Provider to perform their obligations.
    8. Auto Extend Feature. Any Online Bidding Period may include an auto extend feature. This means that, if an online bid is entered within a set time period approaching the end of the established Online Bidding Period, the Online Bidding Period will automatically be extended for an additional amount of time in increments established by Auctioneer, and will continue to be so extended until there is a set period of time that lapses during which no online bids are received, after which bidding will close.
 
    1. Disclaimer. Auctioneer makes no representations or warranties, and disclaims any representations or warranties, (i) that the Online Auction Platform or any related website or technology will be uninterrupted, error free or virus free, (ii) as to the results that may be obtained by using the Online Auction Platform or any related website or technology, or (iii) as to the accuracy, completeness, reliability, security, or current nature of the Online Auction Platform or any related website technology.
    2. Responsibility for Online Bids. If a Winning Bid is sent to Auctioneer from the computer of a Registered Bidder, and is, thereafter, confirmed by Seller, such Registered Bidder will be the Buyer.
    3. No Reduction or Retraction of Online Bids. Online bids may not be reduced or retracted.
    4. Competing Online and Onsite Bids. In the event of contemporaneously made online and onsite bids, Auctioneer will determine which bid is the successful bid, and may, in Auctioneer’s discretion, reopen the bidding.
    5. Winning Bidders Subject to Certification by Auctioneer. The final determination of the Winning Bidder is subject to certification by Auctioneer; and any email or electronic message (whether generated manually or automatically) is subject to such certification.
  1. Absentee Bids; Remote Bidding. In Auctioneer’s discretion, Auctioneer may receive Absentee Bids and/or bids tendered by remote Bidders (whether telephonically or otherwise). All prebids and maxbids placed online are considered absentee bids. Auctioneer pledges complete integrity in the treatment of absentee bids and absentee bids may be initiated and advanced in accordance with Auctioneer’s policies and procedures. Auctioneer has the right to initiate any absentee bids at 25% to 50% of their maximum amount. Auctioneer will make reasonable efforts to execute Absentee Bids, but Auctioneer will have no liability to any Absentee Bidder for the failure to execute any Absentee Bids for any reason whatsoever. Each Absentee Bidder acknowledges and agrees that Property may be sold to another Bidder for the maximum amount of the Absentee Bid based on a bidding sequence that causes another Bidder to reach such amount first. If the execution of an Absentee Bid at its maximum amount would require Auctioneer to accept a bid that is less than a full bidding increment, Auctioneer has the sole and absolute discretion to accept or reject such bid. An Absentee Bidder may provide instructions to the Auctioneer to advance the bid by one or more bidding increments after the maximum amount of the Absentee Bid is, or would be, reached. Auctioneer acts only as the agent of the Seller, and the receipt and/or execution of Absentee Bids will not create an agency relationship between Auctioneer and any Absentee Bidder.
  2. Bid Increments. Bid increments are established and controlled by Auctioneer, and may be adjusted or modified in Auctioneer’s sole and absolute discretion.
  3. Registered Bidders Responsible for Bids Placed on Bidder Number. Each Registered Bidder is responsible for the Bidder Number issued to such Registered Bidder. Auctioneer is not responsible for monitoring or policing the use of Bidder Numbers, and each Registered Bidder is responsible for all bids made on the Bidder Number issued to such Registered Bidder even if the Registered Bidder claims that the Bidder Number was lost, stolen, or misappropriated, unless notice of a lost, stolen, or misappropriated Bidder Number was provided to Auctioneer prior to an unauthorized bid being made. Absent a clerical error, Auctioneer’s recording of bids against a Bidder Number will be conclusive as to the making of such bid by, or on behalf of, the Registered Bidder.
  4. Withdrawal of Property. Auctioneer has the absolute right to withdraw any Property from the Auction prior to the Fall of the Hammer, unless the Property is explicitly provided that the Property is being sold at an Absolute Auction.
  5. Winning Bid; Buyer. Pursuant to these Bidder Terms, the Bidder making the Winning Bid for any Lot of Personal Property will be the Buyer of such Property.
  6. All Property Sold “AS IS”, “WHERE IS”, and “WITH ALL FAULTS”. ALL PROPERTY IS BEING OFFERED AND SOLD IN ITS AS IS/WHERE IS CONDITION AT THE TIME OF THE AUCTION, WITH ALL FAULTS, INCLUDING ANY HIDDEN DEFECTS OF ANY NATURE. NEITHER AUCTIONEER NOR SELLER MAKES ANY REPRESENTATIONS, WARRANTIES, OR GUARANTEES WHATSOEVER, EXPRESS OR IMPLIED, REGARDING THE NATURE, VALUE, SOURCE, AUTHENTICITY, FITNESS, MERCHANTABILITY, AND/OR ANY OTHER ASPECT OR CHARACTERISTICS OF SUCH PROPERTY. NO STATEMENT ANYWHERE, WHETHER EXPRESS OR IMPLIED, INCLUDING VERBAL STATEMENTS MADE BY AUCTIONEER, WILL BE DEEMED A WARRANTY OR REPRESENTATION BY AUCTIONEER OR SELLER. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT, AUTHENTICITY, ORIGIN, MERCHANTABILITY, OR FITNESS FOR A PARTICULAR PURPOSE, ALL OF WHICH ARE EXPRESSLY DISCLAIMED. EACH BIDDER ACKNOWLEDGES AND AGREES THAT HE, SHE, OR IT CANNOT RELY, AND HAS NOT RELIED, ON ANY REPRESENTATION, WARRANTY, OR GUARANTY MADE BY THE SELLER OR ANYONE ACTING AS AGENT OF THE SELLER, ORALLY OR IN WRITING, ABOUT THE PROPERTY, OR ANY OF IT. BY BIDDING, EACH BIDDER ACKNOWLEDGES AND AGREES THAT SUCH BIDDER HAS HAD A FULL AND FAIR OPPORTUNITY TO INSPECT THE PROPERTY, AND IS RELYING SOLELY ON, OR HAS WAIVED, SUCH BIDDER’S INSPECTION AND INVESTIGATION (i) IN DETERMINING WHETHER TO BID, (ii) IN DETERMINING THE AMOUNT OF A BID, AND (iii) IN BIDDING.
  7. Announcements. Subject to the limitation set forth in these Bidder Terms, all terms and conditions and other announcements made by Auctioneer on the day of the Auction are binding and take precedence over any advertisements or listings.
  8. Bidder’s Inspection. By bidding, each Bidder acknowledges and agrees that such Bidder has had a full and fair opportunity to inspect the Property, and is relying solely on, or has waived, such Bidder’s inspection and investigation (i) in determining whether to bid, (ii) in determining the amount of a bid, and (iii) in bidding. Bidder accepts any and all risks associated with the purchase and/or use of the Property. Bidder agrees to defend, hold harmless, indemnify, and protect both Auctioneer and Seller from any all claims of injury arising out of or relating to the purchase or use of the Property.
  9. Description of Property. Unless otherwise expressly stated otherwise in writing, any description of Property is based solely on visual impression, and is given solely for identification purposes, and does not create any warranty, expressed or implied, or representation by Auctioneer.
  10. Contract of Sale for Personal Property. By operation of these Terms, no additional or further writing will be required to evidence the existence of a contract of sale for any Personal Property Knocked-Down at the Auction regardless of the Purchase Price, and these Bidder Terms, together with Auctioneer’s clerking sheets or other physical or digital notation identifying the Lot, the Hammer Price, and the Buyer, will be conclusive evidence as to the terms of the sale. These Bidder Terms will be incorporated into the contract between each Buyer and Seller.
  11. Bidding by or on Behalf of Seller. At an Absolute Auction there is no Seller bidding. The Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Absolute Auction. At a Reserve Auction, the Seller or anyone acting on the Seller’s behalf will not bid (directly or indirectly) on any Property put up at Reserve Auction, unless the Auctioneer announces and discloses that the Seller (or someone on behalf of the Seller) will be bidding at the Auction.
  12. Conduct of the Auction. Auctioneer will regulate all matters relating to the conduct of the Auction and Auctioneer’s decisions will be final and binding. Auctioneer will have control over bidding, and Auctioneer will resolve any and all disputes. If (i) a bid is made while the hammer is falling in acceptance of a prior bid or while bidding is otherwise being terminated, or (ii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware of a bid that was unnoticed prior to the Fall of the Hammer or other termination of the bidding, and it is demonstrated to Auctioneer’s satisfaction that such bid was, in fact, timely made, or (iii) promptly after the Fall of the Hammer or other termination of the bidding Auctioneer is made aware that Auctioneer and a bid assistant or ringman, or multiple bid assistants or ringmen, have acknowledged bids in the same amount bid from different bidders, or (iv) some other bid dispute arises, Auctioneer may, in Auctioneer’s sole and absolute discretion, reopen the bidding (but will not be required to). Any contract formed with the Fall of the Hammer will be subject to the conditions set forth in this Section. If bidding is reopened pursuant to this Section, the bid recognized by Auctioneer prior to the reopening of the bidding will be held, and may not be retracted, and, if no further bids are received, such bid will be the Winning Bid.
  13. Motor Vehicles and Equipment. Any and all motor vehicles and motorized equipment (including, without being limited to, automobiles, trucks, vans, recreational vehicles, motor cycles, motor scooters, tractors, earth moving equipment and other heavy equipment) must be paid in full prior to removal from the Auction Site; and, if any vehicles or equipment is paid for with a check, the vehicle or equipment will not be released unless and until the check clears the drawee bank and the funds have been received by Auctioneer.
  14. All Sales Final. ALL SALES ARE FINAL. NO REFUNDS OR RETURNS.
  15. Sales Tax. Subject to applicable exemptions, if any, each Buyer is responsible for the payment of sales tax for each Lot Knocked-Down at the Auction, which sales tax will be collected by Auctioneer at the time payment is made.
  16. Payment. All Personal Property must be paid for in-full by onsite Buyers on the day of the Auction, at or before the conclusion of the Auction, and before any Property is removed from the Auction Site by or on behalf of the Buyer. Online purchases are due upon receipt of your invoice. Onsite purchases may be paid in cash or approved check, and, when authorized by the Seller and made available by Auctioneer, by credit card or debit card. Cash payments totaling Ten Thousand Dollars ($10,000) or more will not be accepted. If onsite bidders wish to send a wire, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. Online purchases must be paid by credit card or approved check; provided, however, that any online purchases in excess of Two Thousand Five Hundred Dollars ($2,500.00) must be paid by wire transfer or certified funds unless other arrangements are made with Auctioneer in Auctioneer’s sole and absolute discretion.
 
  1. Wire Transfer Payments. Buyer shall obtain verbal verification of all bank account information from Bright Star Auctions prior to initiating transfer. Except as otherwise provided by law, we shall not be liable for any loss or damage due to misplaced, unauthorized or fraudulent fund transfers.
  2. ACH/eCheck Payments. By providing account information to Bright Star Auctions, buyer gives permission for Bright Star Auctions to retain payment information on file and represents they are the authorized account holder. Upon authorization to collect payment from Buyer’s account and prior to transfer, Buyer is responsible to notify their financial institution of the impending transaction. Buyer agrees to notify Bright Star Auctions of any changes in account information.
  3. Returned Checks. Any checks that are returned unpaid will be subject to a returned check fee in the amount of Fifty and 00/100 Dollars ($50.00). In addition to the foregoing, Auctioneer will be entitled to recover, from the issuer of a returned check, all costs and expenses, including attorneys’ fees, for the collection of payment made in the form of a check that has been returned unpaid.
  4. No Stop Payment Orders or Credit Card Chargebacks. Each Bidder agrees that such Bidder will not, under any circumstances, (i) issue a stop payment order with respect to any checks issued at or in connection with the Auction, or (ii) initiate a credit card chargeback with respect to any purchases at the Auction. Each Bidder further agrees that if, in violation of these Terms, a stop payment order is issued or a credit card chargeback is initiated, these Terms will be conclusive evidence of the Bidder’s (i) waiver of any rights to issue a stop payment order or to initiate a credit card chargeback, and (ii) agreement not to issue a stop payment order or to initiate a credit card chargeback; and each Bidder acknowledges and agrees that on Auctioneer’s presentation of these Terms to the bank, credit card company, or other financial institution against which a check was drawn or that issued the credit card on which charges were made, such bank, credit card company, or other financial institution will reverse any stop-payment order and/or deny any credit card chargeback, and will re-credit all amounts to or for the account of Auctioneer. If, in violation of these Terms, a Bidder issues a stop payment order or initiates a credit card chargeback, such Bidder, even if successful, will remain liable for all purchases made at the Auction, and will be responsible for all costs and expenses, including attorneys’ fees, incurred by or on behalf of Auctioneer and/or Seller in challenging the stop payment order or credit card chargeback and in collecting payment. Each Bidder acknowledges and agrees that the covenant not to issue a stop payment order or to initiate a credit card chargeback is a condition to the issuance of a Bidder Number to such Bidder, and is being made as an inducement for Auctioneer to accept such Bidder’s Bidder Registration and to issue a Bidder Number. Each Bidder acknowledges and agrees that Auctioneer is relying on the covenant not to issue a stop payment order or to initiate a credit card chargeback in accepting such Bidder’s Bidder Registration and in issuing a Bidder Number.
  5. Pick-up and Removal; Shipping. Each Buyer is responsible for removal of Lots purchased at the Auction, including shipping to remote Buyers. Pick-up and removal dates and times will be as posted on Auctioneer’s website or announced at the Auction. Unless otherwise agreed, each Buyer is solely responsible for the disassembly, removal, shipping, and transportation of each Lot purchased by such Buyer. Tools, packing material, and/or assistance will not be supplied at Pickup, so Buyer must plan accordingly. Disassembly and removal shall be done in a quiet and workmanlike manner, and each Buyer, in making its bid, shall thereby indemnify and hold harmless both Auctioneer and Seller against any and all damage caused by the acts of the Buyer, or such Buyer’s employees, agents, representatives, or independent contractors in connection with the Pickup. Any and all damages to the Pickup site, including, without being limited to damages to land or buildings, caused by a Buyer or by an employee, agent, representative, or independent contractor of a Buyer, will be repaired by, or at the expense of, such Buyer to the satisfaction of Auctioneer and Seller. Each Buyer must show a copy of the invoice (digital or hard copy) and government-issued photo identification before Lots will be released. No Buyer shall bring pets or young children to the Pickup, as the movement of Lots presents an extremely high-risk environment that could result in injury or death.
  6. Insurance. Any work performed by Purchaser(s) or Purchaser Representative (including sub-contractors) shall be insured and provide proof of coverage against all claims for injuries against persons or damages to property which may arise from or in connection with the removal of items or equipment. Insurance coverage requirements are as follows: General Liability $1,000,000/$2,000,000 and Worker’s Compensation $1,000,000 or as required by State Law. Seller shall be listed as additionally insured, if required.
  7. Abandoned Items. Any Lots not paid in full, not picked up and removed in the time provided (but, under any circumstances, within thirty (30) days after the Auction), or for which payment has not cleared (within five (5) days after the Auction), will be considered abandoned and may be offered for sale at a later auction or subject to other disposition. Such abandonment does not, however, relieve the Buyer or the Buyer’s obligation to make payment in full. Any payments made by or on behalf of a Buyer are non-refundable, and Buyers will remain responsible for the full purchase price of all Lots sold to them. In addition, Buyer’s bidding privileges may be suspended at future auctions.

  1. Claims. With respect to Lots removed from the Auction Site by or on behalf of a Buyer, no claims or returns will be allowed and no claim will be allowed for adjustments or rescission of any sales based on the failure of a Lot to correspond with any standard and/or expectation of the Buyer.
  2. Risk of Loss for Personal Property. Risk of loss with respect to Personal Property passes to the Buyer with the Fall of the Hammer. Neither Auctioneer nor Seller will be liable for any loss or damage to a Lot after such Lot is sold at the Auction, other than as may be directly and solely caused Auctioneer’s negligence, gross negligence, or intentional misconduct in handling and safeguarding the Lot while in Auctioneer’s sole and exclusive possession.
  3. Buyer’s Remedies; Bidders/Buyers Not Entitled to Incidental or Consequential Damages. To the extent that any Bidder or Buyer may be entitled to damages or remedies, the sole and exclusive remedy available to Bidders and Buyers is a return of the Purchase Price actually paid. Under no circumstances will Auctioneer or the Seller be liable for incidental or consequential damages, including, without being limited to lost profits or reduced productivity. Each Bidder acknowledges and agrees that no Bidder or Buyer is entitled to specific performance or other equitable relief.
  4. Seller’s Remedies. If any Buyer breached such Buyer’s obligations under these Terms or under a sale contract with the Seller of Property sold at the Auction, in addition to all other legal and equitable remedies, such property may be resold and the breaching Buyer will be responsible for any and all damages, including any deficiency or reduction in the Purchase Price, along with incidental damages.
  5. Indemnification. Each Bidder agrees to indemnify, defend, and hold Auctioneer and Seller harmless from any current or future claim regarding the Auction or the Property, including, without being limited to, fitness, use, damage, safety, or injuries to persons or property.
  6. Private Sale. No Participant or Registered Bidder may offer to enter into a Private Sale for the purchase of any of the Property prior to, during, or after the Auction. If any of the Property is not Knocked Down at the Auction and Bidder enters into an agreement to buy (i) any of the Personal Property from the Seller within ten (10) days after the Auction, and/or (ii) any of the Real Property within ninety (90) days after the Auction, Bidder shall pay to Auctioneer an amount equal to Auctioneer’s full commission and Buyer’s Premium.
  7. Waiver. Certain provisions of these Bidder Terms are for the exclusive benefit of Auctioneer and/or Seller(s). Such provisions, including, without being limited to, Bidder registration and qualification requirements, deposit and payment terms (including the method, form, and timing of payment), removal and delivery terms, and Property inspection terms), do not create, and will not be deemed to create, any benefits or rights in favor of any other persons, including competing Bidders, and may not be enforced by any other persons. Either globally or on a case by case basis Auctioneer and/or Seller may (but will not be required to) waive any provisions of these Terms that are intended for the benefit of Auctioneer and/or Seller.
  8. Compliance with the Law. Bidder shall not engage in any illegal conduct on the Auction Site and shall comply with all federal, state, and local laws. Bid pooling occurs when Bidders collude to regulate, and artificially suppress, bidding in an effort to reduce the Hammer Price. Anyone participating in bid pooling will be removed from the Auction Site and referred for prosecution. Theft is a serious offense, and, if discovered, will be prosecuted to the fullest extent of the law. Instances of theft will result in immediate termination of bidding and removal from the Auction Site.
  9. Governing Law; Jurisdiction; Venue; Waiver of Jury Trial. These Bidder Terms will be governed by and construed in accordance with the laws of the State of Indiana, including its statutes of limitations, but without regard to its rules governing conflict of laws. All claims, disputes, and other matters between the parties will be brought in the state or federal courts sitting in and for Elkhart County, Indiana, which courts will have exclusive jurisdiction, and will be the exclusive venue, for any and all such claims, disputes, and other matters. By submitting a Bidder Registration and accepting a Bidder Number each Registered Bidder irrevocably and unconditionally (i) agrees that any claim or suit relating to these Bidder Terms, or the transactions contemplated hereby, will be brought in the state or federal courts sitting in and for Elkhart County, Indiana,; (ii) consents to the jurisdiction of such courts for any such claim, suit or cause of action; (iii) waives any objection that such party may have to the laying of venue of any such claim, suit or cause of action in such courts; and (iv) waives any objection to the bringing of such claim, suit or cause of action in such courts on the grounds of forum non conveniens. Each Bidder, Buyer, and other Participants waive the right to a jury trial.
  10. Attorneys’ Fees. If any Participant breaches such Participant’s obligations under these Terms, Auctioneer and/or Seller will be entitled to recover all costs and expenses, including attorneys’ fees incurred in enforcing their rights.

 
Polar Kraft has been acquired by a larger corporation, which has decided to close the facility. Subsequently, a local investment group purchased the entire complex and wishes to liquidate the production line.

00
Information Lot
Type of Auction: Live, onsite, absolute auction. Metalworking equipment.
Highlight Pieces: Late model Toyota forklifts, almost new welders and more!
Auction Agents: Alvin Yoder 260-214-9860 and Jonathon Miller 574-349-4380
 

01
Preview & Inspection
Buyers are responsible to do their own inspection to determine the condition of the items they purchase. Inspections times are available as follows: 

02
Loadout Information

03
Payment Information
Payment terms: 10% Onsite and 13% Online Buyer's Premium in effect for all purchases. Cash, check, wire transfer. Cash Payments totaling $10,000 or more will not be accepted. Credit cards are only accepted on invoices with a total of less than $2500. All payments are due immediately upon receipt of your invoice. Onsite buyers, payment is due the day of the auction. If onsite bidders wish to send a wire and still be assessed only the onsite buyer’s premium, they must present a bank letter of credit (with limit stated equal to or higher than the amount owed by bidder) and wire must be sent no later than one business day after the auction. 
 

93
3156G Live Heel Log Loader 1/50 Die-Cast Metal Replica
Have fun buying a high-quality, die-cast toy! All proceeds including buyer's premium will go to Feed My Starving Children (FMSC) which is a Christian nonprofit dedicated to seeing every child and person around the world healthy, nourished and whole in body and spirit. Bright Star will pay for standard shipping and handling to the 48 contiguous states for buyers of this lot.
https://www.youtube.com/watch?v=jYATxeDmuzM&t=8s

98
Heavy Equipment Key Set 36 Keys
Shipping available for $20

99
SDRTOP Manual Sealless Steel Strapping Tool
Model A333, works for 1/2" 5/8" or 3/4" banding, new in box. Shipping available for $30

100
Powermax Hyperthem 30XP Plasma Cutter
In working condition.

101
Miller Syncrowave 250 DX Tig Welder
SN: MC390486L. Comes with Miller Coolmate 3. Working condition.

102
Miller Aluma Power 350 MPA Mig Welder
SN: MC370251U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

103
Miller Millermatic 350P Aluminum Mig Welder
SN: NA533002N. Working condition

104
Miller Millermatic 350P Aluminum Mig Welder
SN: NA483005N. Working condition

105
Miller Aluma Power 350 MPA Mig Welder
SN: MC300127U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

106
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490005L. Working condition

107
Powermax Hyperthem 30XP Plasma Cutter
SN: MD440147L. Just came back from repair shop. Working condition

108
Powermax Hypertherm 45 XP Plasma Cutter
Includes Kart. Working condition

109
Miller Aluma Power 350 MPA Mig Welder
SN: MD380201U. Comes with Miller XR-Aluma feed, wire feeder. Working condition

110
Powermax Hyperthem 30XP Plasma Cutter
SN: MC490009L. Working condition

111
Powermax Hyperthem 30XP Plasma Cutter
SN: MB500288L. Working condition

112
Miller 330ST Aircrafter Tig Welder
SN: JK562093. Working condition

113
Miller Millermatic 255 Mig Welder
SN: NC128776N. Working condition

114
Airco Wire Welder
SN: U479555. Steel only. Working condition

115
ESAB PCM-625 Plasma Cutter
Working condition

116
Acetylene Torch Set
Like new cart.

117
Acetylene Torch Set
No cart, but includes wall mounted reel

125
Delta Rockwell Drill Press
Series 15-017. 1 ph, .5 hp, 115 VAC

126
Jet Belt Sander-Grinder
1 ph, 1.5 hp, 115 VAC. Runs but needs a little attention

127
Dayton Pedestal Grinder
1 ph, .75 hp, 115 VAC. Working condition

128
Wellsaw Model 8 Metal Band Saw
SN: 22258. 1 ph, 1 hp, 115 VAC. 14" x 11" H cap. Working condition

129
Rigid 300 Pipe Threader
SN: 7614690. Includes lots of heads, reamer, and cutter. Also has foot pedal. Working condition

130
Shop Press

131
Clausing Model 1634 Press
SN: 118696. 3 ph, .75 hp, 240 VAC. Working condition

132
Imco SN40-50 Toolroom Lathe
SN: 401061050. 3 ph, 240 VAC. Includes Aloris tool post, 3 jaw chuck, and several other chucks and parts. Working condition

133
Acer 3VK11 Ultima Milling Machine
SN: 409650. 3 ph, 240 VAC. Includes some R8 colletts, 2 vises, 2 hold down set, Anilam Wizard 350 2 aris DRO, X-axis power feed, mechanical variable speed.

134
Boyar-Schultz Model 612 Surface Grinder
SN: 8503. 3 ph, 240 VAC. Includes Sarbarbon tool magnetic chuck

135
Di-Acro Press Brake
SN: JG-1294, No: 14-72. 3 ph, 240 VAC. Includes foot pedal and dies. Working condition

136
Hall and Brown 34" Band Saw
SN: 120. 3 ph, 240 VAC. Working condition

137
Rodgers Horizontal Belt Sander
SN: 450094, Model: 45-50"-6". 3 ph, 240 VAC. Working condition

139
Grob Brothers 18" Band Saw
SN: 6290. 3 ph, 240 VAC. Working condition

140
Delta 15" Band Saw
SN: 87638350, 1 ph, 115 VAC. Working condition

141
Hand Notcher
Includes stand

142
2022 Grizzly Model G0555 14" Band Saw
SN: 22010050. 1 ph, 115 VAC. Working condition

143
Motorized Carpet Rack
Powered by 3 ph, 240 VAC, .5 hp motor with gear reduction drive. Holds up to 8 rolls of carpet (carpet not included). Does include control panel. Working condition

144
Striebig Panel Saw
3 ph, 240 VAC. 16' wide and cuts up to 5.5' tall. Includes control panel. Working condition

145
Delta Rockwell 14-RAS Radial Arm Saw
SN: JI6038, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

146
Delta Rockwell 14-RAS Radial Arm Saw
SN: IG9055, 3 ph, 240 VAC. Adjustable up to 90 degree 2 different ways. Working condition

147
Delta Rockwell 10" Tablesaw
SN: DV7070, 3 ph, 240 VAC. Comes with extra table, 8' x 8'. Working condition

148
VBS 36" Band Saw
SN: 901627, 3 ph, 240 VAC. Working condition

149
Champ Fond RT-66 Pin Router
SN: 660113, 3 ph, 240 VAC. Includes foot pedal

150
Rockwell 43-120 Router
SN: IG1483, 1 ph, 115 VAC. Working condition

151
Ritter R-700 Horizontal Belt Sander
SN: 6050, 3 ph, 240 VAC, 5' wide. Working condition

152
Digitool Model DT408 CNC Router
SN: 004. Includes control panel and 4' x 8' vaccum bed. Working condition

154
Boat Testing Tank
10' wide x 24' long x 30" deep. Includes 2 air powered arms to push boats down

155
Niagra 810 Metal Shear
(1st of an entirety) SN: 61838, 3 ph, 240 VAC, powered by a 15 hp motor. 10' capacity, shears up to 1/4" steel. Working condition

156
Decoiler
(Part of an entirety) 3 ph, 240 VAC, 8' wide capacity. Setup to uncoil metal coils for shear, no control panel

157
Complete Niagra Shear and Decoiler Line Entirety of Lots 155-156
Plus control panel that controls everything. With 10% raise.

158
Coil Flipper
3 ph, 240 VAC. Working condition

159
Engel 5-14 Metal Shear
(1st of an entirety) SN: 500315, 3 ph, 240 VAC, 5' wide capacity. Includes control panel and built in feeder. Working condition

160
Decoiler
(Part of an entirety) 3 ph, 240 VAC. Includes control panel 5' roll capaicty. Working condition

161
Complete Engel Shear, Feeder, and Decoiler Entirety of Lots 159-160
With 10% raise

162
Cincinnati Model 1012 Metal Shear
SN: 38666, 3 ph, 240 VAC, 12' wide x 10 ga. capacity. Includes foot pedal. Working condition

163
Atlantic HDE Metal Shear
SN: 802331, 3 ph, 240 VAC, 6' x 1/4" capacity. Includes foot pedal

164
Accu Press Model 813510 Metal Shear
SN: 901, 3 ph, 240 VAC, 10' x 135 capacity. Includes foot pedal and 10' extra arm. Working condition

165
Linde CM250-806 Shape Cutting Machine
SN: 82/7/2241, 3 ph, 240 VAC. Includes Miller Coolmate 3 cooler, Powermax Hypertherm 65 plasma cutter, all computer controls, Dayton fan and ductwork to ceiling, and suction cup lift attachment

166
Rib Bender
Includes Hydraulic pack, 3 hp, 3 ph, 240 VAC, used to bend internal ribs of boats

167
Accu Press Model 76012 60 Ton Hydraulic Press
SN: 1816, 3 ph, 240 VAC, 12' wide capacity. Includes foot control but no dies. Working condition

168
Pacific Model J40-10 40 Ton Hydraulic Press
SN: 5109, 3 ph, 240 VAC, 10' wide x 16 ga. Includes foot control, backgage, and Automec digital controls. No dies. Working condition

169
Pacific Model J75-8 75 Ton Hydraulic Press
SN: 5599, 3 ph, 240 VAC, 8' wide x 10 ga. Capacity. Includes foot control and Automec digital controls. No dies. Working condition

170
Lot of Press Dies
These dies fit lots 167, 168, and 169. Approximately 200 dies. Includes rack

171
Hydraulic Press
Tonnage, model, and make unknown. 4' wide capacity. Includes foot control and flattening dies, air powered. Working condition

172
Accupress Model 725024 250 Ton Hydraulic Press
SN: 1271, 3 ph, 240 VAC, 24' wide capacity. Includes foot pedal and Automec digital control. No dies or support arims. Working condition

173
Pacific Model 150/18 150 Ton Hydraulic Press
SN: 3387/150/18, 3 ph, 240 VAC, 18' wide capacity. Includes foot pedal and backstop. No dies or support arms. Working condition

174
Rouselle Model 2 Punch Press
SN: 20348, 3 ph, 240 VAC, 15 ton, shut height: 7 3/4, adjustment 1 1/2, Strokes/min: 170, stroke: 2. Working condition

175
Niagra A 3 1/2 Punch Press
3 ph, 240 VAC, 45 ton, includes foot pedal. Working condition

176
Pacific Model 50 PF Hydraulic Punch Press
SN: 5598, 3 ph, 240 VAC, 50 ton. Includes foot pedal. Working condition

177
Rouselle Model 6 Punch Press
SN: FASA 7833, 3 ph, 240 VAC, 40 ton. Working condition

178
Hamilton 847 Punch Press
3 ph, 240 VAC, 250 ton, 7' wide x 3' high x 4' deep. Worked when they stopped using approximately 20 years ago

179
Rib Bender
3 ph, 240 VAC. Used to bend ribs for external of boats. Working condition

180
Rib Bender
3 ph, 240 VAC. Used to bend reinforcemnt ribs on boats. Working condition

181
Pexto Model 3617A Power Rotating Former
SN: 693263, 3 ph, 240 VAC, 18 ga steel capacity. Working condition

182
Graco Paint Pump Setup
Includes a Graco President pump model 207-914, a Graco Monark pump model 217-523, 2 Grqaco Fast pumps and paint stier. Includes cab. Is air powered. Working condition

183
Graco Paint Pump Setup
Includes 2 Graco President pumps, one is model 2231586, a Nordson model 180C pump and 2 paint stirers. Everything is air powered. Includes cab. Working condition

184
Graco Paint Pump and Mixer Setup
Includes 2 Graco Precision Mix II controlers. 2 Graco President pumps model 207-914. 3 Graco Monark pumps model 217-523, model 218-059, model 224343. 4 Nordson model 140893B pumps. 2 Graco fast pumps model 2260942, model 226-941. 1 Binks fast pump model 41-8530, 5 barrel paint stirer and various other parts. All are air powered pumps. Last used approximately 6 years ago

185
Spray Foam Setup
Includes one spray head, but is set up for 2. Also includes approximately 200' of 1 1/2" black pipe to transfer A side and B side from pressurized tanks.

186
Do-All S-F-P 15" Band Saw
SN: 27-531051, 3 ph, 240 VAC, 122" blade length, includes extra table. Working condition

200
Toyota 8FGCU25 Forklift
SN: C6063, meter reads: 1014 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

201
Yale GLC080VXNTAE088 Forklift
SN: G818V01840P, meter reads: 10949 hours, lift capacity: 7500 lbs, 185" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

202
Toyota 8FGCU25 Forklift
SN: 83191, meter reads: 2282 hours, lift capacity 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

203
Toyota 52-6FGCU30 Forklift
SN: 61260, meter reads: 9884 hours, lift capacity: 4500 lbs, 187" lift height, solid tires, LP, side shift, 60" forks. Runs and operates

204
Toyota 8FGCU25 Forklift
SN: 83186, meter reads: 2139 hours, lift capacity: 4500 lbs, 189" lift height, solid tires, LP, side shift, 48" forks. Runs and operates

205
1985 Manitou T602TC-D All Terrain Forklift
SN: 6020201, meter reads: 190 hours but not believed to be accurate, lift capacity: 6000 lbs, diesel powered, side shift, 143" lift height, 60" forks

206
John Deere 750 Tractor
SN: CH0750S018930, meter reads: 8421 hours, front hydraulic for loader, 3 pt hitch, rear 540 PTO, one weight on front, 4WD, diesel, 3 pt drawbar. Runs and operates

207
Warehouse Vehicle
Gas powered, 6' bed, includes hitch and on board charger

208
Allis Chalmers 706D All-Terrain Forklift
SN: 70603343, meter reads: 380 hours but not believed to be accurate, lift capacity: 6000 lbs, lift height: 20'. Diesel powered, side shift, 14' forks. Has antifreeze leak. Runs and operates

209
Ford Tractor
SN 760625, meter reads 4172 hours, 3 pt hitch, rear 540 PTO and 1 weight on front, powered by a 2 cylinder diesel engine. Runs and operates

210
3pt Brush Mower
5' wide. Works but rough condition