Second hand silver lining

THE collapse of 80-year-old Coffs Harbour engineer WE Smith in 2017 was bad news for the 100 or so workers who lost their jobs but it could be a boon for the second-hand yellow goods market as the liquidated firm’s plant and equipment goes up for sale in an unreserved auction.

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One of the items for auction.

Lloyds Auctions and Aylward Auctioneers will hold two auctions to offload more than 2000 pieces of engineering equipment for prices as low as $1, on February 28.