Ritchie Bros. sold more than 9,200 items for more than C$110 million ($83 million) at its most recent online auction in Edmonton, AB, which was held Oct. 28-31.

The Edmonton auction attracted 18,945 bidders from 58 countries, which was up 49% from the same event in October 2019. Approximately 91% of the equipment was purchased by Canadians, with Western Canadian buyers winning the majority of the items. International buyers, including those from Australia, China and the United Kingdom, purchased 9%.

“With the recent record-breaking $34 million forestry auction in Chilliwack, our $110 million sale in Edmonton last week, and the big, four-day Grande Prairie event in three weeks, we are seeing some real momentum right now in Western Canada,” Andrew Lutic, regional sales manager for Ritchie Bros., said. “This was our third online-only auction in Edmonton and it’s working extremely well, with safe practices onsite to allow for in-person inspections. Thank you to all our consignors and buyers for continuing to put your trust in Ritchie Bros.”

Equipment items were sold for more than 1,100 consignors, including a package of items for Ritchie Bros. customer Richardson Bros. Olds.

“We miss the camaraderie of being at the auction in person, but the bidding audiences have certainly gotten bigger since Ritchie Bros. has gone all online,” Frank Richardson of Richardson Bros. Olds, said. “We recently completed a major project in Calgary and came to Ritchie Bros. with all the surplus equipment as we’ve been doing for decades. The auctions are perfectly organized. Bidders can show up a couple days before the auction, inspect the items, which are all perfectly sorted and lined up, and then bid safely from their phone. They sure make it easy.”

Sales highlights include:

• A more than 156 acre agricultural real estate property with a home quarter that sold for C$1.16 million ($880,00)
• A more than 6,000 square-foot lakefront home in Crane Lake, AB, that sold for C$765,000 ($581,250)
• A 2010 Caterpillar 16M VHP motor grader that sold for C$600,000 ($455,890)
• A 2016 Peterson 2710D horizontal grinder that sold for C$490,000 ($372,310)
• A 2013 Tadano GR1000XL-2 100-ton 4x4x4 rough terrain crane that sold for C$490,000 ($372,310)

Auction Quick Facts

• Gross Transaction Value (GTV): More than C$110 million ($83 million)
• Total Number of Lots: More than 9,200
• Total Registered Bidders: More than 18,945
• Total Number of Consignors: More than 1,100