Logan Metal Lathe (#5)

Listing Number: 73277470 | Perkasie, PA US | Pennridge School District 4 Seller's Other Auctions

This Auction Ends in:

7 Days, 4 Hours

Auction may be extended by 2 minutes to prevent bid sniping.

Current Price:

$300.00 Reserve Price Not Met

Bids: 4 Buyers Fee: 9.00%

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Auction Details

Starting Bid: $100.00
Current Price: $300.00
Buy Now Price	$0.00
Reserve Price Not Met
Buyer's Fee: 9.00%

Start Date	Thursday, March 27, 2025 10:00 AM ET
End Date	Wednesday, April 9, 2025 10:45 AM ET [Extended]
Bid History	4 Bid(s)
High Bidder	S******y
Page Views	247

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 60132 HS

HP 1/2 CYC.50/60 Frame F56K
RPM 1425/1725
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 #5
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

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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.

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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.