Posted December 12, 2018

GovPlanet attracts huge crowds for massive "blowout" auction

More than 180,000 bids were placed on 700,000+ military surplus items.

It's not every day you see hundreds of thousands of U.S. military items—including Humvees, tactical vehicles, uniforms, field gear, and more—sell in just two days, but Ritchie Bros.' GovPlanet marketplace did exactly that last week.

On December 7 – 8, GovPlanet sold more than 700,000 military surplus items—packaged up into approximately 8,400 lots—through two live onsite auctions in Las Vegas, NV and Atlanta, GA, as well as an online-only auction at

"We had more than 5,800 bidders from 35 countries place more than 180,000 bids on the expansive selection of assets sold over the two-day event," said Doug Feick, Senior Vice President, New Business and Corporate Development, Ritchie Bros./GovPlanet. "One item alone—a simple winch—achieved 606 bids from 237 unique bidders! The selection was diverse and demand was high, with auction attendees from around the world. We had upwards of 185,000 people who viewed the auction."

The massive military surplus event also included construction equipment, computer and office equipment, storage and shipping containers, medical and dental equipment, aircraft parts and other items owned by the U.S. Department of Defense. Utilizing the full power of the Ritchie Bros. operation, the company separated out rolling stock items and sold them through unreserved auctions at the company's permanent sites in Las Vegas and Atlanta.

Simultaneously the company sold non-rolling stock items—stored at one of GovPlanet's two warehouses or one of 70+ U.S. military bases across the United States—through the company's well-established GovPlanet website.

Gross transactional value for the two-day GovPlanet event was over US $9 million. Specific sales highlights included 100+ Humvees that sold for a combined $865,000; a 2011 Caterpillar 120M motor grader that sold for $177,500 and a 2015 Terex AC40/2 hydraulic truck crane that sold for $130,000. All these items were sold without minimum bids or reserve prices.

For more information about GovPlanet and their upcoming auctions, visit