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Lot of Rinco Electromagnetics Index Drivers
$50.00 USD (1 Bids)
Closes:
3d8h(Jan 30, 2026 02:30 AM UTC)
$2.00 USD
Bid IncrementSales/Lot Type:
Online Auction
Location:
Iowa City, Iowa, USASubject to an auto-extension of the auction end time.
Possible Bad Bid
The Minimum Bid is USD 52.00.
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If this is correct, to continue select "Accept Bid."
If this is incorrect or you want to submit as a Max Auto Bid, select "Reject Bid."
WATCHERS: 4 |VISITORS: 57
Taxes
To be added at payment
Buyer's Premium
12.5%
High Bidder
kr*****
Account Type
Government
Seller's Terms & Conditions
Seller's Other Items
Description
Make/Brand
Spring Valley
Model
1007-4
Title Restriction
Clean Title
Lot#
7484-40940
Condition
Used/See Description
Inventory ID
16343
North American Bidders Only.
For Auction is a Lot of Rinco Electromagnetics Index Drivers. The Rinco Index Driver (Model 1007-4) is an industrial component primarily used in CNC, metalworking, and manufacturing environments, specifically for machining centers and milling machines. Index Drivers are used for precision indexing and positioning in automated machining and milling operations.
The Index Drivers have been powered on. The Index Drivers have not been tested further. We do not know how many Index Drivers are in this Lot. The Drivers show cosmetic wear such as scuffs and grime. Please reference the included photos and Index Driver model number for more details. The Lot of Index Drivers are being sold AS IS.
Q & A
Have a question or looking to schedule an appointment?
Seller Information
Asset Contact:
andrew schmidt
Phone:
Item Location:
Inspection
Most items offered for sale are used and may contain defects not immediately detectable. Any inspections that occur must be done by appointment only.
Payment
If you are the winning bidder, you will facilitate payment by referring to the My Bids section of your account.
Note:
1. Payment is due within 5 (five) business days of auction closure.
2. Any invoice $5,000 or above requires payment via wire transfer.
3. Depending on your history with GovDeals, you may be limited to the number of auctions/transactions that you can participate in simultaneously AND/OR the dollar amount that you can pay via credit card, debit card or PayPal. For additional insight, please visit the Probation FAQ.
SALES TAX
When applicable, sales tax is calculated based upon the auction’s advertised location.
If you are seeking sales tax exemption, you must complete Liquidity Services’ tax exemption form(s). We recommend doing this prior to the auction’s closure or before making payment. To do so, please visit Liquidity Services' Tax Exemption Submission Tool.
Note:
1. Payment is due within 5 (five) business days of auction closure.
2. Any invoice $5,000 or above requires payment via wire transfer.
3. Depending on your history with GovDeals, you may be limited to the number of auctions/transactions that you can participate in simultaneously AND/OR the dollar amount that you can pay via credit card, debit card or PayPal. For additional insight, please visit the Probation FAQ.
SALES TAX
When applicable, sales tax is calculated based upon the auction’s advertised location.
If you are seeking sales tax exemption, you must complete Liquidity Services’ tax exemption form(s). We recommend doing this prior to the auction’s closure or before making payment. To do so, please visit Liquidity Services' Tax Exemption Submission Tool.
Removal
Property may be removed by appointment only and appointments must be made at least 24 hours in advance. After paying for your auction you can make your make your appointment by going to our bidder porthole and registering with our system. You will then have access to our calendar where you can make your appointment, Hours of pickup are Monday-Friday 8am to 3pm. (close for lunch from 12pm to 12:30pm) We are closed on all University Holidays.
Items will not be released if buyer fails to make an appointment.
All items must be removed within ten (10) business days from the time and date of issuance of the Buyer's Certificate.
The Buyer will make all arrangements and perform all work necessary, including packing, loading and transportation of the property. Pallets or containers that items are on or in are not included. No Assistance will be provided. Any item left after the 10 day limit will be relisted, buyers will be subject to GovDeals policies.
Purchaser is solely responsible for the loading and transportation.
The University disclaims all liability for injury or property damage associated with this purchase.
The University of Iowa Surplus Department does not provide or prepare items for shipping (except for certain clothing items) however there are local companies that will prepare and ship items from our location.
If items are shipped at your request by paying for the shipping you are agreeing that assets are sold as is, where is and without warranty. Once the asset is removed from the seller's premises there is no refund of monies previously paid.
If you are contracting with a freight company,
DO NOT LIST UI SURPLUS AS THE SHIPPER.
You must list yourself (the buyer) as the shipper (we would be considered the destination).
Any bill of ladings with The University of Iowa or our staff members as the shipper will be denied. ALL T-FORCE SHIPMENTS WILL HAVE TO BE BE SCHDULED THROUGH THE LOCAL UPS STORE OR WILL BE DENIED
I have included a few local shippers that have done pickups for other customers in the past. Please feel free to call if you have any questions and again thanks for your business.
UPS Store – 319-359-1773 store6597@theupsstore.com
AG PACK AND SHIP for any type of shiping 319-855-9911 AGPACKANDSHIP@GMAIL.COM
Mailboxes of Iowa City – 319-354-2113Move it, for packaging and freight 866-576-0030
Freight pack 319-471-7009
Items will not be released if buyer fails to make an appointment.
All items must be removed within ten (10) business days from the time and date of issuance of the Buyer's Certificate.
The Buyer will make all arrangements and perform all work necessary, including packing, loading and transportation of the property. Pallets or containers that items are on or in are not included. No Assistance will be provided. Any item left after the 10 day limit will be relisted, buyers will be subject to GovDeals policies.
Purchaser is solely responsible for the loading and transportation.
The University disclaims all liability for injury or property damage associated with this purchase.
The University of Iowa Surplus Department does not provide or prepare items for shipping (except for certain clothing items) however there are local companies that will prepare and ship items from our location.
If items are shipped at your request by paying for the shipping you are agreeing that assets are sold as is, where is and without warranty. Once the asset is removed from the seller's premises there is no refund of monies previously paid.
If you are contracting with a freight company,
DO NOT LIST UI SURPLUS AS THE SHIPPER.
You must list yourself (the buyer) as the shipper (we would be considered the destination).
Any bill of ladings with The University of Iowa or our staff members as the shipper will be denied. ALL T-FORCE SHIPMENTS WILL HAVE TO BE BE SCHDULED THROUGH THE LOCAL UPS STORE OR WILL BE DENIED
I have included a few local shippers that have done pickups for other customers in the past. Please feel free to call if you have any questions and again thanks for your business.
UPS Store – 319-359-1773 store6597@theupsstore.com
AG PACK AND SHIP for any type of shiping 319-855-9911 AGPACKANDSHIP@GMAIL.COM
Mailboxes of Iowa City – 319-354-2113Move it, for packaging and freight 866-576-0030
Freight pack 319-471-7009
Removal and Transportation Options
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Special Instructions
NOTICE: If you are the winning bidder and default by failing to adhere to this sellers terms and conditions your account with Liquidity Services WILL BE LOCKED.
Guaranty Waiver. All property is offered for sale 'AS IS, WHERE IS.' University of Iowa makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.
Description Warranty. Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the property.
Guaranty Waiver. All property is offered for sale 'AS IS, WHERE IS.' University of Iowa makes no warranty, guaranty or representation of any kind, expressed or implied, as to the merchantability or fitness for any purpose of the property offered for sale. Please note that upon removal of the property, all sales are final.
Description Warranty. Seller warrants to the Buyer that the property offered for sale will conform to its description. Any claim for misdescription must be made prior to removal of the property. If Seller confirms that the property does not conform to the description, Seller will keep the property and refund any money paid. The liability of the seller shall not exceed the actual purchase price of the property.
Bid History
Bid History refreshes automatically
Asset ID 40940 / Bids 1
kr*****
January 24, 2026 07:48 AM UTC
USD 50.00High Bidder
User ID
Bid Date & Time
Bid Amount
Additional Information
First time bidding? Please review our Terms and Conditions.
For further assistance please review our Frequently Asked Questions.