Ritchie Bros. Auctioneers set new records for its Edmonton site for online bidding and buying at a recent 2-day public auction in Alberta, Canada last week. The industrial auction house sold over 3,000 lots, generating gross auction proceeds of $57 million (US). The auction attracted over 3,800 registered bidders from 20 countries, including 34 U.S. states and 12 Canadian provinces and territories - including a record 1,000 people who registered to bid online, live and in real time, using the Ritchie Bros. internet bidding service rbauctionBid-Live. Almost $12 million (US) of equipment and other assets were sold to online bidders - another new Edmonton site record.

"This was our largest December auction in Edmonton, and the number of active bidders on site and online helped us deliver strong returns for our consignors - despite the lull in the local market," said Brian Glenn, Ritchie Bros. Regional Manager.

The auction featured a large selection of late-model earthmoving and oilfield transportation equipment, as well as more than 60 recreational, industrial and commercial properties in Alberta and Saskatchewan.

http://www.rbauction.com