August 2026 Online Equipment Consignment Auction: Comprehensive Briefing
Executive Summary
The August 2026 Online Equipment Consignment Auction, conducted by Fragodt Auction and Real Estate LLC, represents a major monthly liquidation event of agricultural, construction, and recreational assets. The auction is segmented into three distinct "Rings," each targeting specific equipment categories and following unique closing schedules on Monday, August 17th, 2026.
Key takeaways include:
• Diverse Inventory: The auction spans from high-value harvesters and tractors (Ring 1) to specialized attachments and parts (Ring 2), and finally to tools, shop equipment, and vehicles (Ring 3). • Decentralized Logistics: All items remain at the owners' properties; buyers are responsible for coordinating viewings and removals directly with the sellers. • Uniform Fee Structure: A 10% buyer’s premium applies to all purchases, with a strategic cap of $1,000 per item. • Staggered Closing: Bidding concludes in waves starting at 5:00 PM, with varying intervals (20 to 60 seconds) between items to manage high-volume traffic across the three rings.
Auction Operational Framework
The auction is conducted via an online platform with specific protocols designed to ensure transparency for the bidder and protection for the seller. Bidding and Fees Feature Regulation Buyer's Premium - 10% per item Premium Cap - $1,000 per item Extended Bidding - 2-minute "soft close" extension if a bid is placed in the final moments Privacy - Usernames/emails are only visible to the specific bidder while logged in Starting Bids - Initial high bids for various lots are documented at $5.00
Closing Schedule (Monday, August 17th)
The auction utilizes a staggered closing time to prevent overlap between the different rings: • Ring 1: Starts closing at 5:00 PM (1 item every minute). • Ring 2: Starts closing at 6:00 PM (1 item every 20 seconds). • Ring 3: Starts closing at 7:00 PM (1 item every 30 seconds).
Ring 1: Heavy Agricultural and Construction Assets
Ring 1 contains the highest-capital assets, including late-model combines, tractors, and specialized harvesting equipment. Primary Equipment Categories • Harvesting Machinery: Significant entries include a 2013 Case IH 8230 RWA Combine with 36” front tracks and a 1994 Case IH 1688. Specialized heads are also featured, such as the 2007 Geringhoff Rota-Disc 12-row folding corn head and the 2014 Case IH 3162 Terra Flex draper head. • Tractors and Loaders: The inventory features a 2003 New Holland TM155 MFWD with loader, a 2001 Case IH MX Magnum 270, and a 2009 Versatile 485 4WD tractor. Sub-compact options include a 2005 Massey Ferguson GC2300 with mid-mount mower. • Tillage and Field Maintenance: High-capacity units include the John Deere 2210 Field Cultivator (38.5') and a 2014 John Deere 2410 Chisel Plow (50'). • Construction and Earthmoving: Key lots include a 2007 Volvo ECR88 excavator and various skid loaders, such as the 2021 Bobcat S76 and the 2000 Gehl 5635 SXT Turbo.
Specialized Agricultural Units Ring 1 also includes niche equipment: • Self-Propelled Forage Harvester: 2012 John Deere 7750 4WD. • Self-Propelled Sprayers: Rogator 1074 (100' booms) and a Miller Nitro 2275HT with a 1400-gallon stainless steel tank. • Sugarbeet Harvester: 2016 Amity 2700 12R22”.
Ring 2: Support Equipment, Parts, and Attachments
Ring 2 focuses on the "Monthly Consignment Program's" secondary assets, primarily consisting of components, livestock equipment, and skid loader attachments located throughout Minnesota. Key Inventory Highlights • Skid Loader Attachments: A high volume of new or lightly used attachments are available, many featuring "Universal Skid Loader Mounts." This includes rock buckets, bale forks, tree pullers, tillers, and rotary choppers (PaBreak and JCT brands). • Tractor Components: Numerous lots dedicated to John Deere and Allis-Chalmers parts, including fenders, hoods, wide fronts, and rims. • Grain Handling and Storage: Includes bin fans (Farm Fans and other brands), aeration tubes, bin unload augers, and grain screeners. • Tires and Rims: Various lots of "Band Duals" and tires on rims (e.g., 18.4-38 and 24.5-32 sets), often sold as "Buying All for One Money" lots.
Ring 3: Tools, Shop Equipment, and Vehicles
Ring 3 offers consumer-grade and light industrial equipment, along with a variety of vehicles in varying states of repair. Industrial and Shop Tools • Compressed Air and Shop Power: Features an Air America 60-gallon vertical compressor and a 1982 Champion 5 HP upright compressor. • Metalworking and Fabrication: Notable items include two metal anvils (12” and 23”), an acetylene torch set with cart, and a 10-12 ton hydraulic press. • Storage: A Craftsman 5-drawer rolling toolbox with contents. Vehicles and Recreation The auction lists several vehicles, noting specific mechanical conditions: • Functional/Running: 2005 Buick Terraza (196k miles) and 2007 Pontiac Grand Prix. • Project/Non-Running: 1977 Ford F-150 (has title), Ford Gran Torino (no title), and a 1973 Ford F100 (smashed front, has title). • Repair Required: 2017 Ford Escape AWD with a "bad engine." • Recreational: 1990 Crestliner Phantom 18' boat and a Baja Motorsports 9.2HP go-cart. Building and Household Goods • HVAC and Heating: Includes corn-burning stoves (A-Maizing Heat and St. Croix), an Ashley wood-burning stove, and a 6’ x 10’ walk-in cooler. • Building Materials: Several lots of new Hayfield windows (black vinyl exterior) and miscellaneous house windows.
Logistics and Buyer Requirements
Inspection and Verification Fragodt Auction and Real Estate LLC emphasizes that all items are sold from the owner's premises. The auction house provides the owner’s name and phone number for every lot. Bidders are explicitly instructed to: 1. Call the owner to set up a viewing time. 2. Direct specific technical questions to the owner. Removal and Pick-up Buyers must adhere to a strict removal window. All items must be picked up within 45 days of the auction's conclusion. The office in Milan, MN, serves as the central point for administrative inquiries, while physical asset transfer occurs at the various seller locations (e.g., Vesta, Clarkfield, Marshall, Willmar, and Starbuck, MN). Important Disclaimers • Location Variation: While most items are in Minnesota, some lots (e.g., Lot 2014) are located in South Dakota and are subject to South Dakota Sales Tax. • Condition: Many items in Ring 3 are listed as "non-running" or "unknown working condition," requiring buyer due diligence.