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IronPlanet Breaks Record for Highest Value Item Sold

March 14, 2013, 07:00 AM
Filed Under: Industry News

IronPlanet broke its record for the largest single unit ever sold. A buyer from North Carolina won a Marion 7820 Walking Dragline in IronPlanet’s Daily Marketplace, for the highest bid of $3 million from a seller in Pennsylvania.

Weighing over 2,000 tons and consisting of a bucket attachment large enough to accommodate parking for three full-size pickup trucks, the item is one of the largest pieces of equipment sold by IronPlanet.
“This successful sale between two of the largest aggregate producers in the United States is a prime example of how our global marketplace connects buyers and sellers quickly and effectively,” said Greg Owens, CEO of IronPlanet.

“Our Daily Marketplace is a complement to our regular weekly auctions and allows us to reach out to our global network and find the right buyers to meet a seller’s price target, which can be particularly useful when selling high-priced and unique items like the dragline.”

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