02.03.2012

Largest Iron Planet auction

Online auction company Iron Planet has sold more than $50 million worth of equipment during its first onsite/online auction last month in Orlando, Florida.

More than 42,000 people from 146 countries are said to have participated over the auction’s four days. Buyers outside the USA bid on around 65 percent of the equipment, with more than 23 percent of the units being knocked down to international buyers.