11,000+ bidders from 54 countries

Today, we are building bigger and better events with our regional auction format, bringing together more consignors and buyers to provide more selection and increased competition. Last week, we held regional auctions on both sides of the border, with US$65+ million of equipment sold in our U.S. Rocky Mountain Event and US$27+ million (CA$35+ million) sold in our Canadian B.C. Regional Event—both of which were new regional records.

“Consignors love these big events because they attract more bidders and the increased competition results in more money in their pockets at the end of the auction,” said Chad Apland, Regional Sales Manager (Denver), Ritchie Bros.

“Our Rocky Mountain event last week featured 5,700+ items from 800+ consignors stored across eight locations, with all items selling to online bidders around the world. Low-hour construction equipment was in especially high demand, resulting in some phenomenal prices, including a 2011 Cat 988H wheel loader that sold for US$515,000!”

The May 25 – 26 Rocky Mountain Event attracted 11,000+ bidders from 54 countries, with approximately 94% of the equipment sold to U.S. buyers, including 20% sold to Colorado, 11% to Utah, and 7% to Texas. The remaining 6% was sold to international buyers from as far away as Honduras, India, and Taiwan.

Five big sellers from the Rocky Mountains

2011 Caterpillar 988H wheel loader – US$515,000

2018 Volvo A45 articulated dump truck – US$500,000

2013 Grove TMS9000E 90-ton 8x4x4 hydraulic truck crane – US$345,000

2011 Komatsu PC490LCI-11 hydraulic excavator – US$300,000

2019 John Deere 850K LGP dozer – US$295,000