Massive auction of Megown Test and Measurement's assets - Page 1
Forum section: electronics / general

author: admiralmaggie
author_rank: Contributor
timestamp: May 24, 2017, 08:43:56 pm
content: FYI, There is a massive auction of Megown Test and Measurement's assets right now... Tons and tons of Scopes, Network Analyzers, Logic Analyzers and alot more... Downside: Company is in Rocklin, CA and you have to remove it with-in a certain rigid time from their facility (no shipping). I'm not affiliated with them but I have bought items from this auction company in the past, Obviously YMMV... Too bad I live in East Coast...https://hgpauction.hibid.com/catalog/101354/megown-test-and-measurement/?ipp=100http://www.hgpauction.com/auctions/89885/megown-test-measurement-inc/

author: pascal_sweden
author_rank: Super Contributor
timestamp: May 25, 2017, 10:42:52 am
content: It's a pity that they don't provide any shipping.But maybe they work together with a separate shipping company?

author: EEVblog
author_rank: Unknown
timestamp: May 25, 2017, 11:36:15 am
content: That's the kind of sale you'd fly in for the day for.

author: admiralmaggie
author_rank: Contributor
timestamp: May 25, 2017, 03:31:28 pm
content: They do provide a list of "agents" who will pick up the items and pack and ship it to you but not sure the cost... Lots of items are going for next to nothing... Last time I bought items from the same auction company, they were giving all unsold items away for free. I don't know if they are going to do the same here...

author: admiralmaggie
author_rank: Contributor
timestamp: May 25, 2017, 03:32:31 pm
content: For sure! Infinite "teardown" opportunities Dave!

author: edavid
author_rank: Super Contributor
timestamp: May 25, 2017, 04:36:50 pm
content: For those interested in Silicon Valley history, this is what became of the Test Lab Company of Mountain View. For many years, it was known for high prices, brusque service, and a Raiders of the Lost Ark like warehouse. However, they would regularly send some good equipment across the parking lot to the Haltek surplus store to sell on consignment, to the delight of local engineers.During the first dot-com boom, the auction company Dove Brothers/DoveBid decided to buy Test Lab Co to dress up the company for an IPO. The business was moved to the Sacramento area, which led to the tragic closing of Haltek. Then the dot-com crash hit, and the IPO was called off.Eventually (2005), Mike Megown took the test equipment business back from Dove... and I guess now he's closing it.(And in 2008, the Dove brothers sold DoveBid, and in 2009 started HGP, which is running this auction. So I guess there are no hard feelings.)

author: mark03
author_rank: Frequent Contributor
timestamp: May 25, 2017, 08:21:57 pm
content: Any idea why the auctioneer's terms of service includes this bit?QuoteI *think* I won a Marconi 2022D sig gen, not exactly for a song though ($325 + 18%). The status is still stuck in "may have won" however, which makes me a bit nervous. And in the meantime, all the other sig gen alternative lots have closed...Fortunately my parents live a few miles down the road

author: admiralmaggie
author_rank: Contributor
timestamp: May 25, 2017, 08:29:14 pm
content: They are probably trying to discourage individuals with no experience from getting involved... I have bought items from two separate auctions through them before. One in Pittsburg and another in Boston. Both times, it said "may have won" I guess because they may have sealed bids. I got an email with an invoice shortly after...

author: edavid
author_rank: Super Contributor
timestamp: May 25, 2017, 08:29:37 pm
content: Quote from: mark03 on May 25, 2017, 08:21:57 pmSo they aren't responsible for paying sales tax?

author: admiralmaggie
author_rank: Contributor
timestamp: May 25, 2017, 08:31:30 pm
content: They did charge me sales taxes both times...

author: mikeselectricstuff
author_rank: Super Contributor
timestamp: May 25, 2017, 08:36:02 pm
content: Quote from: mark03 on May 25, 2017, 08:21:57 pmProbably to avoid falling under retail consumer protection regs

author: admiralmaggie
author_rank: Contributor
timestamp: May 25, 2017, 08:51:56 pm
content: Quote from: mikeselectricstuff on May 25, 2017, 08:36:02 pmThat makes sense Mike...

author: EEVblog
author_rank: Unknown
timestamp: May 25, 2017, 11:24:14 pm
content: Annoying that it doesn't show the final bid price

author: mark03
author_rank: Frequent Contributor
timestamp: May 26, 2017, 12:35:44 am
content: Anyone here have experience actually picking up equipment on site? Is it normal for the auction house to provide carts, etc. to help you get stuff out to your car, or are you totally on your own?

author: admiralmaggie
author_rank: Contributor
timestamp: May 26, 2017, 12:56:46 am
content: Quote from: mark03 on May 26, 2017, 12:35:44 amI have picked up items from their auctions up in Boston and Pittsburg. In both cases the on site folks had carts available but you are pretty much on your own to load it etc...

author: Smokey
author_rank: Super Contributor
timestamp: May 26, 2017, 01:52:05 am
content: There is so much stuff there it's hard to sort through.... I gave up after 2 pages....

author: Muxr
author_rank: Super Contributor
timestamp: May 26, 2017, 02:06:31 am
content: Wish I was on the west coast for that.