Spain Auction

This is a reserved online timed auction.

• Bidding will open on: May 6
• Inspect equipment in-person: May 11, 8:00 a.m. – 4:00 p.m.
  • Viewing days for offsite equipment: Please request an appointment at ocana_csms@rbauction.com, before May 5, 17:00h.
    Viewing days for offsite equipment will be May 11.
• View inventory details, photos & videos online
• Convenient bidding options – bid online in real time or via Mobile App

• Ocana bidder terms
• Site-specific terms Ocana

What does “Reserved Auction” mean?

A Reserved Auction means that each item has a minimum acceptable price set by the seller.

• If bidding meets or exceeds the reserve price, the item is sold to the highest bidder
• If bidding does not reach the reserve, the item may not sell
• Reserve prices are set in advance and are not shown to bidders

 

This format still allows open and competitive bidding, while ensuring items sell only once the required level is reached.

 

View more more information about online reserved auctions here.