GARDEN CITY, Kan. (May 8, 2009) – Tradition met the leading edge on Thursday when 22 antique farm trucks and tractors were sold in an auction that included Internet and live bidding. The May 7 Classic Truck and Tractor Auction was held in conjunction with the 55th Annual 3i SHOW in Garden City, Kan. The antiques brought in $142,500 with a portion of the proceeds benefiting 3i SHOW scholarships.

“The trucks and tractors were displayed on Wednesday and Thursday during the 3i SHOW, giving everyone a chance to come out, enjoy the stories, kick the tires and place a bid,” said Aaron McKee, president of Purple Wave.

The sale, organized by Purple Wave Auction in partnership with the Western Kansas Manufacturers Association and Rocking M Radio, featured Internet bidding that allowed interested buyers from across the nation to participate in the auction.

More than half of the auction’s 200 bidders placed Internet bids before the live sale on Thursday. The items sold to 18 winners in 10 states, including Nebraska, Pennsylvania, Missouri, South Dakota, Minnesota, Indiana, Texas, Iowa, Oklahoma and Kansas. Ten of the winners were Internet bidders.

“Posting the auction online really helped to drive competitive bids, and it’s especially clear when you look at where the winners are from. Fair market value is realized through competitive bidding on both a local and national level. This is the advantage we achieve by mixing Internet sales with local, regional and national marketing,” he said.

Additional antiques, as well as late-model equipment, will be sold in Purple Wave’s Ag Equipment Internet Only Auction on May 27. Internet bidding is currently open at www.purplewave.com, and consignments are being accepted. For more information about the May 27 sale, contact Dan Burke at 866.608.9283.

Purple Wave Auction, headquartered in Manhattan, Kan., auctions commercial real estate, land, and agricultural/industrial equipment, as well as other types of property using its combination of in-person marketing and Internet bidding.

Tags: ag, agriculture, auction, auction results, equipment, farm, Internet, Internet bidding, online, realized prices, tractors

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