Facts and Records

A Ritchie Bros. auction is an exciting event: millions of dollars of equipment, thousands of bidders, an item selling almost every minute – often for tens or hundreds of thousands of dollars. Here are some interesting facts from more than 50 years of Ritchie Bros. auctions:

Our first auction

  • 1958 in Kelowna, British Columbia, Canada – CA$2,000 of furniture sold

Our first auction outside North America

  • 1987 – in Liverpool, the United Kingdom

The largest auction in Ritchie Bros. history

  • US$203 million of equipment sold over six days at our Orlando, Florida auction site (February 2012)

Our largest Canadian auction

  • CA$93 million (US$79 million) of equipment sold over three days at our Edmonton, Alberta auction site (April 2009)

Our largest auction in Europe

  • US$67 million of equipment sold over three days at our Moerdijk, the Netherlands auction site (November 2004)

The highest bid ever placed at a Ritchie Bros. auction

  • 34 million Euros (US$46 million) – for the 220-ft megayacht Apoise, at an auction in Grand Cayman, Cayman Islands (March 2010)

The highest bid placed on a piece of equipment at a Ritchie Bros. auction

  • US$3.7 million - for a Liebherr LR 1800, 800-ton crawler crane at an auction in Sacramento, California (April 2006)

The most bidders at one auction

  • More than 8,670 people registered to bid on-site or online at an auction at our Orlando, Florida auction site (February 2012)

The most lots ever sold at a Ritchie Bros. auction

  • Over 10,000 heavy equipment items and trucks sold over six days at our Orlando, Florida auction site (February 2012)

Most equipment sold to online bidders at one auction

  • US$47 million of equipment sold to online bidders participating in an auction at our Orlando, Florida auction site (February 2012)

Our largest auction site

  • Orlando, Florida – 200 acres

Our first permanent auction site

  • Edmonton, Alberta – opened in 1976

Auction terminology

Proxy? Choice? Unreserved? Learn the meaning of some common auction terms.