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Auction Start Date: 01/12/23 8:13 AM ET
Auction End Date: 01/26/23 8:15 PM ET
Asset ID: 565   Number of Bids: 7

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Auction Closed
High Bidder: a*********1
Sold Amount: $1,525.00
Tax (7.250000%): $124.38
Buyer's Premium (12.50%): $190.62
Total Price: $1,840.00
View Bid History
Terms and Conditions
981 visitors
Condition Category Inventory ID
Used/See Description Industrial Equipment, General 0000582761
Condition Category
Used/See Description Industrial Equipment, General
Inventory ID
Cincinnati Lathe - model "Hawk 150". Has not been used in ~10 years. Controller board had issues at the time, not sure if this can be fixed, sold for parts. Contact Justin Lancaster (919)515-3661 Pictures show the current status of the machine. Unable to get better information because of it's size and location.

Questions and AnswersQuestions and Answers
Q: Which controller board was having issues, the programming controller board or the interface inside the lathe? Can you list the controller brand it has? (1/13/23 2:27 PM)
A: Please contact the person in the description for these types of questions. (1/17/23 9:39 AM)
Q: Do you have a forklift on-site capable of loading onto a flatbed trailer? (1/13/23 4:10 PM)
A: Currently we do not. We will do our best to move it to the loading dock but it will be the buyers responsibility to get it onto a flatbed. (1/17/23 9:38 AM)
Q: How can you move it to a loading dock if you don't have a forklift? You will be able to sell it for more if you can load it. (1/18/23 11:03 PM)
A: This item is being stored here by the department. We did not buy it, we have an electric pallet jack that will move it. Reminder, it's the buyers responsibility to remove the item. I do not want to risk loading this onto a truck or trailer and dropping or damaging it. It will sell for what it sells for and we'll be happy with it. Thank you (1/19/23 2:03 PM)
Seller InformationSeller Information
view other auctions from North Carolina State University, NC
Seller Name North Carolina State University, NC  [view seller's other assets]
Asset Location 3240 Ligon St
Material Support Warehouse
Raleigh, North Carolina 27606
Map to this location
Inspection and Removal are by appointment only and only on Monday-Friday 7:30 a.m.- 3:00 p.m. You may contact Lance Newsome at 919-515-5525 or by email at

Most items offered for sale are used and may contain defects not immediately detectable. Bidders may inspect the property prior to bidding. Inspection is by appointment only. Please use the 'Ask a Question' feature to schedule an appointment for Inspection.

Wire Transfer Credit Card
Buy now with PayPal
Payment methods for this item are Wire Transfer, PayPal, or credit cards (Visa, Mastercard, American Express, Discover) only. PayPal and credit card purchases are limited to below $5,000.00 and Bidders residing in the United States, Canada and Mexico Only. If the winning bid plus applicable taxes, if any indicated, plus the buyer's premium equals to $5,000.00 or more, Wire Transfer must be used. Buyers on level one probation have a PayPal and Credit Card limit of $1,000. If Wire Transfer is chosen, a Wire Transfer Transaction Summary page will provide payment and account information. The Wire Transfer must be completed within 5 days unless otherwise specified below.


If you are the winning bidder, you will facilitate payment by referring to the My Bids section of your account.


1. Payment is due within 5 (five) business days of auction closure.

2. Any invoice $5,000 or above requires payment via wire transfer.

3. Depending on your history with GovDeals, you may be limited to the number of auctions/transactions that you can participate in simultaneously AND/OR the dollar amount that you can pay via credit card, debit card or PayPal. For additional insight, please visit the Probation FAQ.


When applicable, sales tax is calculated based upon the auction’s advertised location.

If you are seeking sales tax exemption, you must complete Liquidity Services’ tax exemption form(s). We recommend doing this prior to the auction’s closure or before making payment. To do so, please visit Liquidity Services' Tax Exemption Submission Tool.

Property may be removed by appointment only and appointments must be made at least 24 hours in advance. All items must be removed within ten (10) business days from the time and date of the close of the auction.

The Buyer will make all arrangements and perform all work necessary, including packing, loading and transportation of the property. No Assistance will be provided. Bidders will be locked unless a prior arrangement has been made for any item not removed within the ten (10) business days allowed and stated on the Buyer's Certificate.

Special InstructionsSpecial Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with Liquidity Services WILL BE LOCKED.

Guaranty Waiver. All property is offered for sale 'AS IS, WHERE IS.' North Carolina State University, NC makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.

Description Warranty. Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the property.

Quick Asset Lookup (QAL) #: 19014-565 (GD)

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