More than 800 companies sold more than 4,850 equipment items and trucks at Ritchie Bros.’ May Rocky Mountain event, which was held on May 26 and May 27. The auction yielded more than $54 million in sales, matching the company-record breaking amount sold at Ritchie Bros.’ Rocky Mountain auction in March.

“Consignors are taking advantage of the strong market pricing Ritchie Bros. is achieving in 2021,” Matt Johnson, director of the U.S. West at Ritchie Bros., said. “After our massive March Rocky Mountain sale, we saw a wave of consignments. Through two Rocky Mountain events in 2021, we’ve sold more than 9,000 items for [more than $108] million, attracting 1.8 million online pageviews. Our hybrid onsite-online regional auctions provide access to unbelievable selection for buyers while getting sellers more eyes on their equipment to drive higher price realization.”

Equipment for the Rocky Mountain regional auction was stored at Ritchie Bros.’ locations in Denver, Salt Lake City and Williston, ND. Highlights included more than 240 truck tractors, more than 95 excavators, more than 80 loaders, more than 70 skid steers, more than 60 aerial work platforms and more than 30 crawler tractors. All items were sold without minimum bids or reserve prices.

Approximately 88% of the equipment in the auction was sold to U.S. buyers, including 16% sold to buyers in Colorado, 9% to buyers in Utah and 5% to buyers in North Dakota. The remaining 12% of the equipment was sold to international buyers from countries including Peru, Egypt and the Netherlands.

Five Big Sellers

• 2012 Caterpillar D8T crawler tractor – $315,000
• 2020 Caterpillar 330 hydraulic excavator – $287,500
• 2014 Kenworth T800 tri-drive hydro vac truck – $257,500
• 2018 Caterpillar 938M wheel loader – $180,000
• 2019 Kenworth T370 S/A mechanics truck – $160,000

Auction Quick Facts: Rocky Mountain Regional Auction (May 2021)

• Gross Transaction Value (GTV): More than $54 million
• Total Registered Bidders: More than 11,600
• Total Number of Lots: More than 4,850
• Total Number of Consignors: More than 800

Ritchie Bros. will sell more than 50,000 equipment items and trucks in its upcoming auctions, including a Phoenix auction on June 4; timed auction events in Sacramento, CA, (June 9) and Las Vegas (June 11); and a two-day Houston auction on June 15 and June 16.