2023 Year in Review: Celebrating Milestones and Achievements at Bright Star Auctions

by Wayne Nisley
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February 15, 2024
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3 Min Read

2023 has been a year of remarkable achievements and significant milestones for Bright Star Auctions. As we reflect on the past year, we are excited to share our accomplishments that have not only set new benchmarks but also positioned us for even greater heights in the future. Here's a look at our highlights from 2023.

Loren Indiana Auctioneer Champion

President Loren Beachy clinched the Indiana Auctioneers Association Bid Calling Contest at the annual IAA convention in November. This accolade is a testament to Loren's exceptional skills and mastery in auctioneering, highlighting our leadership in the industry. Congratulations, Loren!

AMM Designation from NAA

In April, Wayne Nisley was awarded the Auction Marketing Management (AMM) designation by the National Auction Association (NAA), joining an elite group of 137 auctioneers. This designation underscores our commitment to staying ahead of the curve in auction marketing strategies, ensuring we remain at the forefront of the industry.

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Record-Breaking Wood-Mizer Sale

The sale of a 2019 LT 70 super hydraulic, wide throat, portable band mill for $142,500 in June at the Baxter Lumber liquidation auction in Heaters, WV, set a record for Bright Star for the highest-selling Wood-Mizer at auction. This demonstrates the supply versus demand rule, as the Wood-Mizer company had a long wait list for new machines, thus increasing the need for used machines. See the machine here

Wood Mizer
2019 Wood-Mizer - Sold for $142,500

First Auctions at Ozark and Wooster Yards

September and April were landmark months as we conducted our first heavy equipment consignment auctions at the Birch Tree, MO, and Wooster, OH yards, respectively. These events were warmly received by the community, laying the foundation for future growth and expansion in these areas.

Ozark auction yard in Birch Tree, MO – 9/22
Ozark auction yard in Birch Tree, MO – 9/22
Wooster yard - April 27 - Wooster, OH
Wooster yard - April 27 - Wooster, OH

IronRing: Monthly Virtual Auction Rebranding

In June, we introduced IronRing, a rebranding of our monthly virtual heavy equipment consignment auction. The introduction of reserves has attracted high-dollar assets, and we are excited about the growth potential of IronRing in 2024.

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More about IronRing

Transition to a Bi-Monthly Schedule

In July, we transitioned to a bi-monthly schedule for our Lake Erie and Michiana consignment yards, offering sellers quicker turn around options to sell their equipment. This change has been met with positivity, and we look forward to continued growth at both auction yards in 2024.

Michiana Equipment Auction 12/29/23
Michiana Equipment Auction - 12/29/23

Expansion into Canada

December marked our inaugural sawmill liquidation auction in Quebec, Canada. This venture presented unique challenges, including language barriers and logistical hurdles, but it also opened new avenues for growth in online and phone bidding auctions.

Supporting Feed My Starving Children

Our commitment to showing Christ to the world led us to support Feed My Starving Children in May 2023. Through the sale of die-cast toys representing the forestry industry, we have contributed to this Christian nonprofit dedicated to seeing every child and person around the world healthy, nourished, and whole in body and spirit. Buy a toy at our auction and help support this worthy cause!

More Info here
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As we look back on 2023, we are filled with gratitude for the opportunities and challenges that have propelled us forward. Bright Star Auctions is poised for an exciting future, and we are eager to build on these achievements in the years to come.

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Have questions or want to learn more about Bright Star Auctions? Contact us today or follow us on social media to stay updated on the latest news, events, and auctions.

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A Licensed Auction Company in Multiple States
Auctioneer Licenses
Indiana
Auctioneer Co. Lic. - Bright Star Realty & Auctions, LLC - AC32100007
Auctioneer Lic. - Loren Beachy - AU10500161
Kentucky
Principal Auctioneer Lic. - Loren D. Beachy - 259651
Wisconsin
Auctioneer Lic. - Loren D. Beachy - 2990-52
Illinois
Auctioneer Lic. - Loren Dale Beachy - #441002283
Tennessee
Auctioneer Lic. - Loren D. Beachy - 7154
Auctioneer Lic. - Zach Kittrell - 1959
West Virginia
Licensed auction house
Ohio
Auctioneer Co. Lic. - Bright Star Realty and Auctions, LLC - 2018000007
Auctioneer Lic. - Eugene Hochstetler - 2018000033
Virginia
Auctioneer Co. Lic. - Bright Star Realty & Auctions, LLC - 2908001059
Auctioneer Lic. - Loren Dale Beachy - 2907004635
North Carolina
Auction Firm Lic. - Bright Star Realty & Auctions, LLC - 10455
Auctioneer Lic. - Loren D. Beachy - 10381
South Carolina
Reciprocal Principal Lic. - Loren Beachy - 4795
Pennsylvania
Auctioneer Lic. - Loren D. Beachy - AU0056900
Mississippi
Bright Star Realty & Auctions LLC Firm Lic# 1654F
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