August 25, 2010

Now this could be interesting

I like going to auctions both as a people watching event -- the interplay between two people bidding for a $10K piece of equipment and the auctioneer playing them off one against the other is pure theater. That and there are some incredible deals to be had if you take the time to inspect the lots and know #1) - how to evaluate the quality and function of something you want and #2) - what the used market value is for that item. Some auctions I have just walked away with nothing as the bidding was insane. Others, I have cleaned up -- getting useful stuff in awesome condition for pennies on the dollar. This auction will be interesting: Key-SEC Security Services. Included are all sorts of high-security key cutters, lock pins, blank keys, etc... Medeco, tubular keys. If I had a larcenous heart and a couple thousand of disposable cash, I could cause quite a problem for people who thought their stores were secure. Medeco is very specialized and they don't just sell their machines to anyone. I am betting that the terms of sale will be updated to reflect the required bonding, insurance and certification needed to own this stuff... Posted by DaveH at August 25, 2010 4:17 PM
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