Modern Mold Inc.

Mould Making & Machine Shop Equipment


Tuesday, August 10, 2010

Start Time






FEATURING: FADAL (2000) VMC 2216 CNC VMC, FADAL (2000) VMC 2216HT CNC VMC, FADAL (1998) VMC 4020 CNC VMC, MITSUBISHI (2000) EA8 4 axis CNC sinker type EDM, ARISTECH (1999) CNC 580 CNC sinker type EDM, MAS VR6 6' way type radial arm drill, MAS (1978) VR5 5' way type radial arm drill,CHEVALIER FSG 3A1224 H hydraulic surface grinder, CHEVALIER FSG 3A1020 hydraulic surface grinder, (3) HARIG manual surface grinders, (6) DECKEL SO single lip cutter grinders, (3) FIRST LC 1 1/2 VS vertical turret mills, KONDIA FV-300 vertical turret mill, BRIDGEPORT vertical turret mill, TOS FA4AV vertical milling machine, MASTERTURN engine lathe, WOTAN 3" table type horizontal boring mill, WELLS F15 dual column horizontal band saw, LASER DESIGN RPS 150 3D high precision laser scanner, RANGER 15HP piston type air compressor, ULTRA AIR (2005) UA75A air dryer, (2)TORIT dust collectors, TRINCO shot blast cabinet, 100 ton hydraulic die spotting press, GMC (2005) C6500 box truck, BAKER 5000 lb electric forklift, factory equipment & machine accessories including; measuring tools, surface plates, vices, angle plates, parallels, chucks, welding equipment, tool holders, perishable tooling, lifting accessories, power tools, hand tools, clamps, saw horses, carts, benches and more.


Terms & Conditions

Corporate Assets Inc. assumes no liability for errors or omissions on this Web site. Corporate Assets Inc. expressly reserves the right to determine the manner of conducting the auction as it may deem appropriate. All subject to prior sale.





Pre-Approval by Corporate Assets Inc. will be required. To participate in the auction you must register and be approved. All Webcast (Remote) Bidders require a deposit equal to 25% of their requested Purchasing Limit (the maximum amount they plan to spend) plus the Buyer's Premium (see below for applicable Buyer's Premium) and must be by Direct Bank Wire Transfer. To ensure approval as a Bidder please make deposit arrangements as far in advance of the sale as possible. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

Invoices for the balance of the purchase price will be emailed and/or faxed to successful bidders within 24 hours of the close of the auction and are due upon receipt.


All buyers must complete the "Buyer Deposit Form" and provide Corporate Assets Inc. with a 25% deposit of their total intended purchase amount by way of wire transfer.* The deposit must be received by no later than 1 business day prior to the commencement of the sale.**

Payment in full must be made before or immediately after the conclusion of the auction.

* Please keep in mind that bank charges may apply to incoming and/or outgoing wire transfers by your/our bank/financial institution.

** In order to meet the Terms and Conditions of Sale, please keep in mind that wire transfers traditionally take between 2 - 4 business days to be processed by your bank. For Bank Wire Transfer details, please contact our office at 416.962.9600 and request to speak with an Accounting Administrator.

For International (Non Canadian and Non U.S. Residents) Buyers, Webcast Remote Buyers & Online Buyers, all payments shall ONLY be by way of wire transfer.

For Canadian and U.S. On-site Buyers, all payments shall be by way of wire transfer, certified cheque, bank draft, Interac, or company cheque accompanied with a valid bank letter of authorization guaranteeing irrevocable payment to Corporate Assets Inc. in the following format: "Name of Bank hereby guarantees irrevocable payment of cheques payable to Corporate Assets Inc. up to Amount in Words & Currency for purchases made by our client Name of Client. This letter is valid for purchases made at the auction of Name of Auction being held in City, State/Province on Date."

Payment by way of Visa or Mastercard will ONLY be accepted for purchases, and not for deposits, from buyers whose total invoice does not exceed $2,500.00.

Payments may be made in advance of the auction by way of wire transfer and any balance in excess of the balance owing will be refunded after the auction.

The Auctioneer reserves the right to put articles back up for auction if a deposit is not received at or before the time of sale.

Download Full Payment Information
Download Buyer Deposit Form
CAD Wire Transfer Details
USD Wire Transfer Details
GBP Wire Transfer Details
EUR Wire Transfer Details

Proxy Bidding

To place a proxy bid, please refer to the Corporate Asset Inc. PROXY BID FORM or email us at: for more information.

All Proxy Bids must be completed in writing, either typed or hand-written, indicate the name of the auction sale, and must be signed and dated. They must be faxed or mailed to our office and received by no later than 3:00 P.M. EST on the day before the auction.

Download Proxy Bid Form