Over 1150 Total Lots Up For Auction at Three Locations - WI 07/09, NJ Cleansweep 07/10, CA 07/11

Warm magnets lead to cool cash

July 02, 2010
An imaging center in Costa Rica had two 1.5 T MRI warm magnets and in storage.
It researched its options online and found DOTmed. After a discussion with the DOTmed managed auction team, the center realized the global auction platform would provide the best exposure and opportunity to maximize sales income.

The Auction Team went to work, posting the offering and then contacting scrap metal vendors across the globe.

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In just one auction cycle both magnets sold for a high bid of $22,500.

The seller was able to have the magnets packed into a container in Costa Rica and then shipped off to the port in Houston, Texas, where the buyers picked them up.

The seller was incredibly pleased to get such a high amount on the sale of warm magnets on top of not having to pay any upfront costs.