Record-Setting Prices at Jeff Martin's Texas Auction

Mon October 21, 2019 - Southeast Edition #22
Jeff Martin Auctioneers


Yellow iron held steady at Jeff Martin’s Permian Basin Unreserved Auction on Oct. 9.
Yellow iron held steady at Jeff Martin’s Permian Basin Unreserved Auction on Oct. 9.
Yellow iron held steady at Jeff Martin’s Permian Basin Unreserved Auction on Oct. 9. This auction featured a large quantity of aerial equipment, construction equipment, heavy trucks, oilfield support items, welders, generators and trailers. Buyers came from 34 states and multiple foreign countries live onsite and bidding online. Truck values climbed towards to the sky for late model Peterbilt Truck Tractors, particularly those with Cummins power.

Jeff Martin Auctioneers Inc. once again hosted a Permian Basin Unreserved Auction at 2923 Interstate 20 in Stanton (Midland), Texas, on Oct. 9. This auction featured a large quantity of aerial equipment, construction equipment, heavy trucks, oilfield support items, welders, generators and trailers. Yellow iron held steady as the vast majority of items were sold to end users working or headquartered in the Permian Basin. Truck values were a different story, with prices climbing towards to the sky for late model Peterbilt Truck Tractors, particularly those with Cummins power. Buyers came from 34 states and multiple foreign countries live onsite and bidding online via Proxibid or JMA Live, powered by NextLot.

Patrick Valkenburg, territory manager, had this to say about the Jeff Martin Auctioneers Inc. difference: "With numerous auction facilities strategically located throughout the U.S., we have a unique ability to offer our customers assets to numerous markets outside of the oil and gas industry. We are the only auction company in the Permian Basin with this multi-market reach to offer our sellers a distinct advantage when selling their heavy equipment, trucks and related items."

Jeff Martin Auctioneers Inc. regularly sells heavy construction equipment, agricultural equipment, transportation equipment and much more. With seven locations across the United States, and still growing, the company says it is striving to continue to achieve great things. "Our Mission is to consistently provide our guests with the best value-added service with the highest level of Honesty, Integrity and Professionalism in the Auction Industry," Jeff Martin himself said.

For more information on Jeff Martin Auctioneers, visit https://www.jeffmartinauctioneers.com/.