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Live virtual auction for Gilbertson Tool and Die in Lake Mills planned for December 13

LAKE MILLS – A live virtual auction is planned for the morning of December 13 at Gilbertson Tool and Die in Lake Mills, offering a huge range of industrial and commercial items up for bid.

Quitting Business

Live Virtual Auction

Gilbertson Tool and Die

211 N Western Street

Lake Mills, Iowa 50450

December 13th, 2023

Starting at 9:00 AM

One of the cleanest tool and die facilities in the state of Iowa!!

Don’t miss this exceptional auction opportunity!

400 lots Selling without reserve!! 

Listen to a traditional auctioneer broadcasting over the internet. Visit for details.  

Auctioneers Note:  Mr. Steve Gilbertson started his tool and die company in 1986. For 37 years Gilbertson Tool and Die has provided exceptional service to a midwestern clientele.  Steve has decided to cease operations so he can spend more time on the golf course.  The quality of service which Gilbertson Tool and Die provided was a result of having the proper machines within performance capacities.   This auction welcomes your participation!!

Inspection date:  December 12, 2023, 8:00 AM to 5:00 PM or by appointment. 

Removal information:  All items must be paid for in full before being removed.  Removal dates for all items, except the machines requiring a machine rigger, are Dec. 15th, 16th, no loading on Sunday, 18th, 19th, 7:30AM -5:00 PM.  Weather permitting, all items need to be removed by December 29. 

Machines needing a machine rigger are:  Milltronics VMC, Hurco VMC, Okamato Surface grinder, Ikeda radial arm drill, Die Master OBI punch Press, Boice crane radial arm drill, Mitsubishi EDM, Gorbel bridge crane.

Machinery rigger: BW Contractors, Inc. 7741 Waverly Rd, Cedar Falls, Iowa.  319 987 2070, 

The lots consisting of steel to be loaded by the buyer at buyers expense.

A forklift will be available to assist in loading of general items.  

Shipping and Crating:  Box lots are available for assistance of crating and shipping at a rate of 40.00 per hour plus materials and supplies.  Contact Auction for Details. 

Buyer’s Premium of 15% applies to all purchases.

Terms and Conditions: All items sell as is, where is, like is, without warranty or guarantee.  All items must be paid in full before removal can be started.  Payments are cash, wire transfer, approved company check.  No credit cards accepted. All wire transfers must be completed by Friday December 15.   All bidders must register for this auction at or  Please register 24 hours before the auction starts to be assured of bidding approval. 

CNC VMC   Milltronics model VM24, SN 6496, 3 axis of control, standard table size 24″ x 45″, standard table travel X 40″, saddle travel Y axis 24″, 6,000 RPM maximum, CT40 spindle, spindle bearings have been replaced, updated control to the 8200 series.   

 CNC VMC Hurco model VF1, SN HV11117, X axis 26″, Y axis 14″, Z axis 18″, table size 30″x14″, maximum spindle speed 8,000 RPM, Cat 40 spindle, purchased new one owner, very good appearance. 

CNC Wire EDM Mitsubishi model FA10, SN 51A1M180, X axis 13.7 inches, Y axis 9.8″, Z axis 8.6″, U,V axis control, 15º angle capacity, maximum work piece dimensions, 31.4″x23.6″x8.4″, maximum work piece weight 1,100 lbs., purchased new one owner, exceptional condition. 

 3R tooling consisting of: 3R 292.66 and 3R-239.1 ruler vise, 3R 282 magnum leveling adapter, 3R-239.22 support tab, Black granite surface plate.

Vertical mills:  1987 Bridgeport vertical mill series I, SN 12BR248768, 9″x42″ T-slotted table, Bridgeport power cross feed, 2 HP 3-phase, Kurt power drawbar, Mitutoyo 2-axis programmable DRO, this machine was purchased new one owner, has very good appearance.   Lagun model FTV-2, SN SE-41806, 10″x54″ table, harden ways, Lagun PCF, 60-4,200 variable speed, has Sony Millman programmable 2-axis DRO, Kurt power drawbar, purchased new, has an exceptionally good appearance.   

Grinders: Okamoto auto hyd surface grinder, model ACC-124N, SN 7586, 24″x12″, was purchased new, one owner, very good appearance.   Clausing semi-automatic surface grinder, mode CSG-618, SN 1104821, table size 6″x18″, purchased new one owner. Baldor model 1022W double spindle grinder, serial number P299, 1 HP.

Drills:  Ikeda RA drill, model 1575, SN 91081, 13-inch column, 60 1/2-inch maximum distance spindle to column, power elevation, power column lock. Boice Crane radial arm drill model 830, SN 016-8502, 7 1/2″ column, 36 ” arm. Wilton floor model geared head drill press, model 24200, serial number 37127, 220

Saws: Grob vertical band saw, model 4V-18, serial number 5677, blade butt welder, purchased new, has very good appearance

Bridge Crane: Gorbel freestanding, workstation bridge crane, model GLCSL – FS Dash 2000–15AL – 26–10.6729, 2000 pound, 13‘5″ height, 27 length, 16.6’67 feet overall width, this system was purchased new, very good appearance.

Presses: Simplex H-frame hydraulic press, 55-ton capacity, model IES5513, single acting 13″ stroke, 36″ between the uprights, purchased new, has near new appearance. Bench Master Die Master OBI PUNCH PRESS, 85-ton capacity, MODEL, 85P – 25F – 17–4, SERIAL NUMBER 51892, air clutch and brake, flywheel type.  Rousselle model 4W Gap Frame double crank WIDE BED Punch press.

Blast Cabinet Skat blast dry blast system, in good condition.

Air Compressors: Quincy, QT 15 air compressor, Zeks air dryer.

Steel: Assorted tool steel various types and sizes.

General support:  Precision instruments, hardness tester, surface plate, carbide tooling, CAT 40 tool holders, Kurt vises, rotary tables, sine plates, drill chucks, fastener hardware, tool makers cabinets, A frame gantry, jib crane, assorted tooling, drill grinders, belt grinders, tables, general items.  

Equipment Marketers & Appraisers

3826 Cedar Heights Drive Suite 7

Cedar Falls, Iowa 50613

319 266 3578   mobile 319 415 9850.

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