Rare steam engine sells on auction block, rolls over record
Sugarcreek, Ohio (PRWEB) June 06, 2015 -- Selling to a small, niche market did not stop Kaufman Realty & Auctions from attracting dozens of bidders across the country to bring an impressive $420,000 for a rare 110 HP Case Steam Traction Engine.
Setting a new sales record, auctioneer Curt Yoder of Kaufman Realty & Auction in Sugarcreek, Ohio, sold the late 1912 piston valve engine through online only auction to a buyer from Texas. The engine had been completely restored and is in mint condition. Even the wheel assembly gearing, a component that typically shows much wear, is in exceptional condition.
“This is likely the cleanest and purest restorations done on an engine like this. The owner kept true to the original all the way through and was meticulous in caring for and maintaining it, down to polishing the bolts on the steps,” says auctioneer Yoder. “The owner served the antique tractor and engine world well by preserving this piece as he did.”
Yoder also gives credit to Kurt Aumann, CAI, ATS, CES, of Aumann Auctions in Nokomis, Illinois, for teaming up to market the steam engine to devout antique tractor and engine collectors, which falls directly into Aumann’s wheelhouse.
“This sale is a true testament of the power of MarkNet Alliance, proving that auctioneers partnering with fellow, expert auctioneers is what makes for a successful sale.” This team effort yielded the highest selling price in North America for a steam engine, nearly doubling initial expectations.
The engine was made to Canadian specifications and was certified in Alberta, Canada, to its original 175 PSI and was also certified by the state of Ohio for 175 PSI.
Kaufman Realty & Auction has been in the real estate and auction business since 1975. They specialize in real estate, farm, estates, antique, business liquidations and equipment auctions. The Kaufman team is committed to providing full service auction and real estate transactions either in the live or online format. Kaufman Realty & Auction is a proud member of MarkNet Alliance, a national network of auction companies with proven track records and thriving businesses. The MarkNet model focuses on making local and regional auction companies even more successful by offering technology resources, networking opportunities and educational training for auctioneers and staff. Members of the alliance conducted over 6,000 auctions in 2014 and sold over $1 billion in assets.
Contact: Curt Yoder, (888) 852-4111, curt(at)kaufmanrealty(dot)com
Claire Eskew, MarkNet Alliance, http://www.freijeauctioneers.com, +1 (800) 510-5465, [email protected]
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