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- Logan Metal Lathe (#3) (73275155)
Logan Metal Lathe (#3)
Listing Number: 73275155 | Perkasie, PA US | Pennridge School District 4 Seller's Other Auctions
Auction Details
| Starting Bid: $100.00 | |
| Current Price: $100.00 | |
| Buy Now Price | $0.00 |
| Reserve Price Not Met Available for immediate purchase. | |
| Buyer's Fee: 9.00% | |
| Start Date | Thursday, March 27, 2025 10:00 AM ET |
| End Date | Wednesday, April 9, 2025 10:20 AM ET [Extended] |
| Bid History | 0 Bid(s) |
| Page Views | 265 |
Payment Details
A certified check made payable to “Pennridge School District” or Cash only at time of pick up. Item must be picked up and paid within 10 days after the auction has ended. Pickup must be made Monday through Friday 7am to 3pm.
Item Description
Vintage Logan Metal Lathe - Model 1875
- HP 1/2 Phase 3 Volts 220
- Used in a high school metal shop until the course was discontinued
- Good condition
- Sold with no warranties, sold as is
- Winning bidder is responsible for removal and any transportation costs relating to picking up this item
Interesting Points:
- Historical Value: This lathe has a history of being used in a high school metal shop, making it a unique piece for collectors.
- Quality Brand: Jet is a reputable brand known for producing reliable metalworking machinery.
- Potential Restoration: With some care and maintenance, this vintage lathe could be restored to its former glory.
Additional information on this Auction
| Custom ID | Lot 02-06 #3 | |
| Will Item results be voted on | No | |
| Will you ship this item | No. Pickup only. | |
| In person item inspection information | Inspections must be made in advance by email at jschuler@pennridge.org | |
| Pickup Location Details | 1303 N. 5th Street, Perkasie, PA 18944 | |
| Number of Hours | 0 | |
| Does it start | Yes | |
| Year | unknown |
Item location This location is a general area based on the sellers zip code. It is not the specific address where the item is located.
Our Buyers Fees
With Municibid, pricing is clear, up-front and transparent. A buyer's fee (% of the winning bid amount) will be charged directly to the winning bidder upon the close of each auction via the credit card you entered prior to placing the bid. You pay the selling agency directly for the full cost of the item. (unless otherwise noted)
All Buyers fee's are aggregate unless otherwise noted. This means after you cross certain price thresholds you will pay a different buyers fee for the remaining amount. See below for an example.
Example:
If buyers fee is 8% for bids up to $99,999.99, 5% for bids $100,000 - $499,999.99, and 4% for bids over $500,000.
- Winning bid: $50,000: = Buyers fee: $4,000 (8% of $50,000).
- Winning bid: $150,000: = Buyers fee: $10,500 (8% of $100,000 = $8,000) + (5% of $50,000 = $2,500).
- Winning bid: $550,000: = Buyers fee: $30,000 (8% of $100,000 = $8,000) + 5% of $400,000 = $20,000) + (4% of $50,000 = $2,000).
Where can I see what the buyers fee is?
The current buyers fee will always be shown on the page of the listing under the current price in both the bid area and auction details area. You will also see the buyers fee amount you will pay for your entered bid on the page where you confirm your bid.
What if the selling agency rejects my bid?
If the government agency rejects your bid (they reserve the right to do so) your buyer's fee will be returned, in full, to you within 5 days of notification to Municibid of the rejected bid by the governing body.
Bidding Increments
Please Note: Bid increments automatically adjust based on the level of the current bid. The increments are as follows:
| If amount is greater than or equal to | The bid increment will be |
| $0.00 | $1.00 |
| $100.00 | $10.00 |
| $500.00 | $25.00 |
| $1000.00 | $50.00 |
| $2500.00 | $100.00 |
FAIR WARNING ALL SALES ARE FINAL. You are legally obligated to pay for your item per the terms of the seller if you are the high bidder at the close of auction. If you do not pay for your item, you will not receive a refund of your buyer's final sale fee, you will no longer be permitted to bid on municibid.com and will be subject to a penalty of 40% of the winning bid amount. If your credit card is declined for insufficient funds, you will be charged a $50 fee.