Video/Pinball Games/Parts, Single Operator Auction

[[email protected]]

We have been operating in Michigan for about 30 years and have
decided
to throw in the towel. Selling our entire inventory of Video,
Pinball,
Jukebox; Coin sorting, vending, counting equipment. Many complete
cabinets and lots of parts, manuals, and test equipment. Some working
and in great condition, some non-working or need various repairs or
reconditioning. We also have many items related to Audio/Video, Tel-
Com, & Surveillance, up for bid.
Located in Central Lower Michigan, one day auction internet bidding
only. All items will be on display for personal & physical inspection
the day before 5/19/2008 and day of the auction 5/20/2008. All items
can be picked up the
day after and within 3 days following auction end.
Most auction lots will be starting between $5 & $100 with no
reserve.
The auction catalog is viewable now. Here's a link
to the auction: http://www.1800lastbid.com/auction/listings/categories/index.cfm?cate...
..
Before asking, "NO", I will not sell any item outright, "all items
are up for auction ONLY" and I will not ship, all items must be
picked
up by buyer or buyer's representative. Please feel free to contact me
directly at any time, for any other questions or concerns before the
auction or bidding. [email protected] .

 

[jakdedert]

We have been operating in Michigan for about 30 years and have
decided
to throw in the towel. Selling our entire inventory of Video,
Pinball,
Jukebox; Coin sorting, vending, counting equipment. Many complete
cabinets and lots of parts, manuals, and test equipment. Some working
and in great condition, some non-working or need various repairs or
reconditioning. We also have many items related to Audio/Video, Tel-
Com, & Surveillance, up for bid.
Located in Central Lower Michigan, one day auction internet bidding
only. All items will be on display for personal & physical inspection
the day before 5/19/2008 and day of the auction 5/20/2008. All items
can be picked up the
day after and within 3 days following auction end.
Most auction lots will be starting between $5 & $100 with no
reserve.

I always get aggravated at the term 'no reserve' when there's a minimum
price. How is a minimum price any different than a reserve which is
published? I know that's the common terminology, but it seems silly to me.

jak

 

[JeffM]

We have been operating in Michigan for about 30 years
and have decided to throw in the towel[...]
Most auction lots will be starting between $5 & $100 with no reserve.

I always get aggravated at the term 'no reserve'
when there's a minimum price.

As he has apparently never before posted to Usenet
and his first time he multi-posts this spew all over the place,
it's obvious he's just another sewer rat.

 

[shawn]

I always get aggravated at the term 'no reserve' when there's a minimum
price. How is a minimum price any different than a reserve which is
published? I know that's the common terminology, but it seems silly to me.

I can't see the difference in terms of how it affects potential
buyers. You still have to hit a certain offer price to have a shot at
purchasing the product even if there are no other buyers.