[HardWare] Thousands of PC parts go up for auction from the defunct Artesian Builds

[Mihawk.]

The company's swift bankruptcy proceedings will see it sell two massive lots of PC parts to pay off debt.

Leftover PC inventory from recently bankrupt PC builder Artesian Builds will be sold at auction tomorrow, including large quantities of motherboards, RAM kits, fans, partially built PCs, coolers, CPUs, and even a number of graphics cards.

Two lots of PC parts from the company's California and North Carolina sites will be sold to the highest bidder via Zoom. Each lot will be sold as a combined purchase, with new bids having to be made in $5,000 increments or more. That means your average PC builder is likely priced out of the affair. Other PC building companies may well be interested in the haul, however, as the two lots include pretty much everything they would require to build a lot of machines.

Such as: 

43 partially built PCs

413 cases

360 CPUs

359 PSUs

219 RAM kits

283 coolers

167 SSDs + HDDs

59 graphics cards

346 motherboards

There is also office equipment and miscellaneous tools included in the sales, which at one time would have served Artesian Builds' roughly 50 employees. This equipment can be seen in the various images of the company's two locations, included in the legal notice of the sale, most of which appears to have been left as it was during the company's final days of operation.

Artesian Builds is said to have held onto around $917,595 worth of inventory at the time of its closure, so you'd expect large sums of money to exchange hands at the auction for the leftover goods.

Though it's not only inventory that has remained in stasis since the company shuttered. Many customer orders are said to have been left outstanding by its sudden closure. On its final balance sheet, filed in California as a part of bankruptcy proceedings, the company is listed to have an estimated $1.37 million in unfulfilled orders.

An ex-employee told us at the time that there are at least "hundreds" of outstanding gaming PC orders. Some customers also reported that they were having little luck in remunerations from the company, including one whose son had ordered a $5,100 PC in December 2021. They ended up filing a dispute with their credit card company and buying a PC elsewhere, as reportedly so did others in the Artesian Builds Discord server 

 

https://www.pcgamer.com/uk/artesian-builds-auction/

Edited June 27, 2022 by Km-KaReeM