What's Knot to Love

[bigsteve]

I browse auctioneer websites sometimes in my spare time, and I see that What's Knot to Love on Colfax is scheduled to go up for bids by order of the Colorado Department of Revenue on Friday, January 23.

Here's a link:
http://www.success-auctions.com/?Auction=207

Of course, they could pay their taxes and get the auction canceled, but if it's gone this far, I don't know.

I was just there last week, and it seemed like a nice shop. This could be a good bargain-seeking opportunity.

[drjammer]

Oh man that sucks, I have been there a few times and really liked the place and the owner seemed really cool.

[workinonit50]

Group buy?

[opusfxd]

Group buy?

Get out of my head!!!

Seriously though, talk about an opportunity for Troop Support!

[NullSmurf]

I operated a Colorado business for 10 years. Doesn't look like they were hurting for business. I'd guess that the owner(s) got greedy and took out more than they should. Sad that he/she/they figured that the taxes were discretionary. State has NO sense of humor.

Oh, and HELL YEAH on the group buy. We should arrange to be there for this one. This auctioneer has no idea what he has in cigars, or their values.

I was just fantasizing that they got their shipment of Anejos just as DoR locked the doors. Can anyone say 20 boxes of 46's?

[jcarlton]

I operated a Colorado business for 10 years. Doesn't look like they were hurting for business. I'd guess that the owner(s) got greedy and took out more than they should. Sad that he/she/they figured that the taxes were discretionary. State has NO sense of humor.

Oh, and HELL YEAH on the group buy. We should arrange to be there for this one. This auctioneer has no idea what he has in cigars, or their values.

I was just fantasizing that they got their shipment of Anejos just as DoR locked the doors. Can anyone say 20 boxes of 46's?

Dammit Bruce, that thought made me drool on my shirt a little.

[LordOfWu]

Dammit Bruce, that thought made me drool on my shirt a little.

That's nothing compared to what just happened in Zack's lap!

:th_dancing-chicken:

[Spect]

That's nothing compared to what just happened in Zack's lap!



:rofl::rofl::rofl::rofl::rofl::rofl::rofl::rofl:

Group buy!

[opusfxd]

So is anyone off that day?

[glking]

Unfortunately, I'm off on Fridays, and the more I think about it, the more I want to go..........:17428:

[NullSmurf]

The good news is that this was a tax seizure. That means some dude with a badge showed up and escorted everyone off the property. The bad news is that its a low level auction - no more than one hour preinspection and no absentee bidding. Terms are cash on the barrelhead, of which I have little available. Lots including cigars will be at least 10 boxes up to maybe 30 or more. I am taking a vacation day to attend.

Preinspection is 1 hour prior. Bring CASH because I suspect you will be required to post it before you'll be allowed to bid. Some of you have met me, some not. My pic is in my profile. These guys had a Fuente account, so I suspect there will be some HTFs in there. I wouldn't be surprised to see some really good deals to be had, but frankly, not so much among the cigar lots.

I'm interested in pooling cash, but not from anyone who cannot attend. I'm not comfortable with that. I suggest we meet for breakfast prior.

[moglman]

I will be very light on cash, but I should be able to be there. I don't know what cigars but I will be researching some of the items on the list. Lets keep this discussion going.

[bigsteve]

Here are the terms as posted in the auction. It seems that cash is NOT required, but credit cards are charged a 3.5% buyer's premium:

"All sales are CASH ONLY - CASH IN HAND unless otherwise specified or announced at the sale. All purchases are "as-is" "where-is" with no warranty express or implied. Visa, M/C, and Discover cards accepted with a 3.5% buyer's premium. Buyer's premium waived for cash and certified funds. Checks will NOT be accepted unless presented with a letter of guaranty from the issuing bank. Checks and certified funds MUST be pre-approved by the auctioneer no less than 24 hours prior to the sale or they will NOT be accepted. Click here to learn about alternative payment terms."

Also,
"This sale will be offered first in bulk to a single bidder. Once the bulk-bid is established, the assets will them be sold one lot at a time. Whichever method that brings the highest return will prevail. Announcements the day of sale take precedence over printed notices."

[glking]

You can also write a personal check if you have a guaranteeing letter from your bank.

[webjunkie]

Wish I could make it.

[opusfxd]

I'd be willing to put in some $$ if I met up with someone ahead of time.

[physiognomy]

My 4c... Take a good close look at all cigars before buying anything! Last time I was in there (admittedly a while ago) it was mold central & many (of the higher end) cigars in the humidor looked like they had been through the tumble dryer. The owner was one of those "it's not mold, it's plume" guys... I could add more, but I'll refrain ;) Might also be worth taking a look at the youtube video(s?) (click link) (http://www.youtube.com/watch?v=NZFbqpny3DU) showing their basement storage.

[NullSmurf]

My 4c... Take a good close look at all cigars before buying anything! Last time I was in there (admittedly a while ago) it was mold central & many (of the higher end) cigars in the humidor looked like they had been through the tumble dryer. The owner was one of those "it's not mold, it's plume" guys... I could add more, but I'll refrain ;) Might also be worth taking a look at the youtube video(s?) (click link) (http://www.youtube.com/watch?v=NZFbqpny3DU) showing their basement storage.

I'm with you here. I'm thinking sealed boxes, ash trays, and that wooden Indian....and the pipes.

Edit to add: after watching the "owner" on video smoking in his humidor, I'm less enthused. Sacrilidge!

[Spect]

Cigars of note in the auction list:

Eadron 4 cases - Likely Padron's
Ashton 28 cases - Damn! Gotta have some VSG's in that pile.
Arturo Fuente Don Carlos 14 cases - Nice!
Arturo Fuente 30 cases - Looks like from the pictures there is some GOF's in this lot.

[zmancbr]

Cigars of note in the auction list:

Eadron 4 cases - Likely Padron's
Ashton 28 cases - Damn! Gotta have some VSG's in that pile.
Arturo Fuente Don Carlos 14 cases - Nice!
Arturo Fuente 30 cases - Looks like from the pictures there is some GOF's in this lot.

And I bet each of those will be a separate lot no?

Could you imagine winning alot of 30 cases of AF stuff? :new_rofl:

[NullSmurf]

First (just to make sure) case = box. If I was the auction clerk and didn't know cigars, I would package my lots of boxes that look alike, or are the same brand, including open boxes of singles. I wonder if other shops will be bidding on the stock. I'm betting that these lots will go unbelievably low.

[zmancbr]

First (just to make sure) case = box. If I was the auction clerk and didn't know cigars, I would package my lots of boxes that look alike, or are the same brand, including open boxes of singles. I wonder if other shops will be bidding on the stock. I'm betting that these lots will go unbelievably low.


Thats why I am sad I won't be there... I would hate to see 30 boxes of Fuentes go for $200 :rolleyes:

[NullSmurf]

Thats why I am sad I won't be there... I would hate to see 30 boxes of Fuentes go for $200 :rolleyes:

Not to worry, brother. If we hit the jackpot for that kind of money, we'll be sharing the wealth.

[zmancbr]

Not to worry, brother. If we hit the jackpot for that kind of money, we'll be sharing the wealth.

:new_rofl: I like it... :youaretheman:

[Spect]

601 60 cases

It was mentioned that all the cigars I've noted were separate counts from the open boxes that are there.

[NullSmurf]

601 60 cases

It was mentioned that all the cigars I've noted were separate counts from the open boxes that are there.


@ ~160-200 per box. $10K for that lot. $5K wholesale. Yall bring your MasterCards.

[NullSmurf]

I'm still going, but I'm not as pumped as before. I'm going with the expectation that I will come home with nothing. The auction format is a different than I'm accustomed to.

This sale will be offered first in bulk to a single bidder. Once the bulk-bid is established, the assets will them be sold one lot at a time. Whichever method that brings the highest return will prevail. Announcements the day of sale take precedence over printed notices.

It is possible that we could go through the whole thing, then lose our bids because the bulk bid nets more. Nevertheless, I'm going to try. My cell is 720-982-9541. If you're going, please send me a text with your name. I'll be there at 9 sharp.






BASEMENT HUMIDOR
Alec Bradley Maxx 8 boxes $90
Lanceros 6 boxes
Cuesta Rey 22 boxes $75
Alcazar Maduru 31 boxes (bundle) $50
Don Jose 17 boxes (bundle) $40
Republic de Nicaragua 26 boxes ?
Padron 4 boxes
Toano The Brick 11 boxes $60
Torano Noventa 9 boxes $200
Oliva 22 boxes ? 5-10 ea
Stradivarius 7 boxes $28/ea
Alec Bradley Tempus 3 boxes $150
Reyes Family 2 boxes robusto 100/perfecto 150
Puros Indios Cienfuegos 5 boxes 12ct $40
La Habana Vieja 49 boxes 20ct $50
Isla Del Sol 11 boxes 20ct $40
La Unica 8 boxes 20ct $60
Diamond Crown Maximus 2 boxes 20ct $300
Grand Habana 22 boxes ?
La Aroma de Cuba 24 boxes 25ct $80
Habana Crème 13 boxes flavored - ugh
Heaven 9 boxes ?
Whats Not to Love 11 boxes ?
Rocky Patel Decade 4 boxes 20ct $160
Rocky Patel Vintage Series 29 boxes
Republic de Honduras 16 boxes
La Aurora 15 boxes
Ashton 28 boxes
Aurora 1495 5 boxes
Monte Cristo 11 boxes
Royal Jamaica 11 boxes
Baccarat 18 boxes
Maria Guerrero 4 boxes
Romeo y Julieta 15 boxes
Reserva Real 11 case
Henry Clay 3 boxes
Onyx Reserve 3 boxes
Deh Upmann 6 boxes
Montecino 14 boxes
Carlos Tereno 20 boxes
Exidus 1959 11 boxes
Casa Torano 41 boxes
Torpedo 3 boxes
Dunhill 11 boxes
The Edge 5 boxes
Cameroon 2 boxes
Coronado by La Flor 17 boxes
La Flor Dominicana 43 boxes
Perdona Reserve 9 boxes
Don Pepin Garcia 8 boxes
La Guorra Cubana 4 boxes
Macanudo 7 boxes
Havana Crème 51 boxes
Joya de Nicaragua 6 boxes
Makers Mark 538 5 boxes
Chateau Real 16 boxes
Brazilia 13 boxes
601 60 boxes
Jara 11 boxes
Chocolate 4 boxes
Earth Nectar Flavours 15 boxes
Acid Cigars 30 boxes
Arturo Fuente 30 boxes
Arturo Fuente Don Carlos 14 boxes


In the upstairs
Ashton
Rocky Patel Vintage Series
Arturo Fuente
Henry Clay
Onyx
La Tradicione
Quorum
Maxx
Cuesta Rey
Alcazar Maduru
Don Jose
la Aurora
Tempus
San Cristobal
Griollo
Oliva

[glking]

It also says

All purchases are "as-is" "where-is" with no warranty express or implied

So, if you open up the box of cigars you just bought and they are all dried out, or white and fuzzy, or full of beetle holes, tough luck.

Knowing all that, I'm still planning on being there with a wad of cash "just in case"!

[NullSmurf]

From: rich@success-auctions.com [mailto:rich@success-auctions.com]
Sent: Saturday, January 17, 2009 8:52 PM
To: bgthomas@gollstrom.com
Subject: RE: Whats Knot to Love

Hi Bruce:

The humidifiers have been checked and maintained daily (except for Sunday). We do not have a more detailed inventory list than what we have currently posted.

Richard D. Schur, BAS
Chief Operations Officer

(866) 290-2243, ext. 2
rich@Success-Auctions.com
1042 W. Baptist Road #175
Colorado Springs, Colorado 80921
Phone / Fax: (866) 290-2BID (2243)
www.Success-Auctions.com


Award-Winning Auctioneers, and Proud members of:
National Auctioneers Association (NAA)
Colorado Auctioneers Association (CAA)
Colorado Self Storage Association
Better Business Bureau of Southern Colorado (BBB)

From: Bruce Thomas
Sent: Saturday, January 17, 2009 8:06 PM
To: Contact@Success-Auctions.com
Subject: Whats Knot to Love

Have the upper and lower humidors been maintained since the seizure? Cigars dry out quickly in Denver. Is there a more detailed inventory available? If not, then will there be?

Bruce Thomas