Source Confirmed
Seller-confirmed
- Seller describes two 260-8P meters as usable by visual inspection, says detailed calibration testing was not performed, warns repairs may be required, and requires buyer-managed removal.
Analysis snapshotSnapshot decision:SKIP
Simpson 260 Analog Multimeter Lot — GSA Auction Analysis
The seller calls two meters 260-8P, but the only supplied photo confirms a Simpson 260 Series 7-family meter and does not establish the second unit. Function, calibration, accessories, and Puerto Rico logistics remain unresolved; the $80 model supports a $0 blind ceiling.
Analysis snapshot · Historical — observed September 16, 2026. The scheduled close date of September 16, 2026 has passed. The price, evidence, economics, and recommendation remain exactly as recorded and are not current.
Decision at a glance
RecommendationSKIP
- Maximum hammer bid
- $0
The auction bid ceiling supported by this analysis, if one is defensible; see costs below for buyer-premium treatment.
Why this decision
SKIP: at $80 conservative whole-lot resale, selling friction plus $100 logistics, $40 testing, $50 uncertainty, and the $500 profit requirement fail before acquisition cost.
See costs and maximum bid for the displayed assumptions and buyer-premium treatment.
- Snapshot observed bid
- $83
- Bidders
- Not captured
- Blind-model resale
- $80
Snapshot provenance and timing · observed Sep 16, 2026, 6:17 PM UTC · scheduled close September 16, 2026
GSA Auctions sale 1-1-QSC-I-26-325, lot 032 · Carolina, Puerto Rico 00979
Snapshot observed Sep 16, 2026, 6:17 PM UTC
Scheduled close September 16, 2026
Analysis prepared Sep 16, 2026, 6:17 PM UTC
Published September 17, 2026 · page updated September 17, 2026
Prepared and published by Oleksii Udod for LotCaliper.
View official GSA lotContinue after this auction
This auction snapshot is historical. Continue with related research, or review a relevant published analysis whose recorded scheduled close has not passed.
Relevant analyses with future scheduled closes
These are individually prepared, time-stamped analyses with recorded scheduled closes. Verify the official auction before acting.
Auction snapshot
This page preserves the 2026-09-16 GSA open-auction observation for sale 1-1-QSC-I-26-325, lot 032, item 377311. The observed bid was $83; it is not a final hammer or completed sale.
Small family and front-panel differences change both feature expectations and comp selection; do not multiply high working prices across a partly unseen as-is lot.
Review and correction history
Independent review not required. No corrections recorded.
View review and correction details
Independent review not required
No mandatory independent review was required under the current gate. This is not an approval.
How independent review worksHow evidence is classified
Seller facts, photo-derived observations, manufacturer context, unknowns, and LotCaliper assumptions remain explicitly separated.
Photo Derived
Photo-derived
- The sole supplied auction photo shows a Simpson 260 SERIES 7 front panel without the reset control associated with protected P variants.
Not Established
Not established
- No voltage, current, resistance, zero-adjust, continuity, calibration, battery/fuse, or internal-condition evidence is established.
- Actual buyer-managed pickup, packing, and shipping from Puerto Rico is unquoted.
Lotcaliper Assumption
LotCaliper assumptions
- $80 conservative gross resale under the approved whole-lot basis.
- $0 blind maximum hammer under the standard LotCaliper professional-reseller profile.
Structured photo observations (1)
These are bounded observations from the preserved photographs. They do not establish functional operation or seller inclusion beyond the corresponding source evidence.
Model · Confirmed
One visible Simpson 260 SERIES 7-family meter
Photo confidence: High
Equipment identity
Dmm Daq · quantity 2
Simpson 260 analog multimeter lot; one photo-confirmed Series 7-family meter
Identity confidence: Medium High
Identity evidence
Seller describes two 260-8P meters as usable by visual inspection, says detailed calibration testing was not performed, warns repairs may be required, and requires buyer-managed removal.
GSA Auctions · Text · observed Sep 16, 2026, 6:17 PM UTC
The sole supplied auction photo shows a Simpson 260 SERIES 7 front panel without the reset control associated with protected P variants.
GSA Auctions · Image · observed Sep 16, 2026, 6:17 PM UTC
Configuration
The second meter's exact variant, test leads, batteries, fuses, case, manual, and accessories are not established.
Not established · no source evidence establishes presence or absence
Configuration evidence
No voltage, current, resistance, zero-adjust, continuity, calibration, battery/fuse, or internal-condition evidence is established. Actual buyer-managed pickup, packing, and shipping from Puerto Rico is unquoted.
GSA Auctions · Image · observed Sep 16, 2026, 6:17 PM UTC
Condition
As-is / repair risk
Seller repair-risk wording controls normalization; no warranty or detailed functional test is established.
Evidence confidence: High
Condition evidence
Seller describes two 260-8P meters as usable by visual inspection, says detailed calibration testing was not performed, warns repairs may be required, and requires buyer-managed removal.
GSA Auctions · Text · observed Sep 16, 2026, 6:17 PM UTC
Untested
No voltage, current, resistance, zero-adjust, continuity, calibration, battery/fuse, or internal-condition evidence is established. Actual buyer-managed pickup, packing, and shipping from Puerto Rico is unquoted.
Evidence confidence: High
Condition evidence
The sole supplied auction photo shows a Simpson 260 SERIES 7 front panel without the reset control associated with protected P variants.
GSA Auctions · Image · observed Sep 16, 2026, 6:17 PM UTC
Market evidence
Market evidence strength
Medium
Public auditability
Limited Legacy
Evidence recency
Not Recorded
Recent completed Series 7-family evidence is mostly low-dollar, about $40–$80 per unit; related protected variants and stronger accessory/condition states are not direct comps.
Legacy evidence counts were not preserved. Unknown is not reported as zero.
Sensitivity and robustness
Fails
The modeled economics fail the standard reseller requirements under the stated assumptions.
Blind/as-is standard profile
- Max hammer
- $0
- Gross resale model
- $80–$160
A positive hammer requires buyer-specific lower costs or stronger verified condition and resale evidence; neither is assumed.
Costs and maximum bid
| Transaction / operating cost | Amount | Basis |
|---|---|---|
| Selling Fees | $12 | LotCaliper assumption: 15% of modeled gross resale. |
| Shipping | $100 | LotCaliper pickup, packing, rigging, and inbound-logistics reserve; not a carrier or GSA quote. |
| Testing Repair Reserve | $40 | LotCaliper functional-test and diagnostic reserve. |
| Risk Buffer | $50 | LotCaliper reserve for untested condition, verification, repair, return, and liquidity uncertainty. |
- Buyer premium
- Not modeled
- Return requirements
- $500 minimum profit · 30% minimum ROI
- Computed bid constraints
Profit floor: $0
ROI floor: $0
Binding: Profit and ROI floors
- Snapshot blind/as-is max hammer
- $0
- Modeled result at recorded bid
- No bid recorded
This is a reseller ceiling, not a prediction of the auction's closing price. Any buyer premium or other unquoted acquisition charge must be deducted before bidding.
Identity, condition, and blind economics
The photo contradicts the 260-8P claim for the visible meter but cannot identify the unseen second meter.
Recent completed Series 7-family evidence is mostly low-dollar, about $40–$80 per unit; related protected variants and stronger accessory/condition states are not direct comps. SKIP: at $80 conservative whole-lot resale, selling friction plus $100 logistics, $40 testing, $50 uncertainty, and the $500 profit requirement fail before acquisition cost.
- No voltage, current, resistance, zero-adjust, continuity, calibration, battery/fuse, or internal-condition evidence is established.
- Actual buyer-managed pickup, packing, and shipping from Puerto Rico is unquoted.
Recommendation and rationale
Snapshot decision
SKIPSKIP: at $80 conservative whole-lot resale, selling friction plus $100 logistics, $40 testing, $50 uncertainty, and the $500 profit requirement fail before acquisition cost.
Confidence
- Identity
- Medium High
- Configuration
- Medium
- Condition
- Low
- Market Support
- Medium
- Costs
- Medium Low
Why these confidence levels were assigned
- Identity rationale
- The photo contradicts the 260-8P claim for the visible meter but cannot identify the unseen second meter.
- Configuration rationale
- The second meter's exact variant, test leads, batteries, fuses, case, manual, and accessories are not established.
- Material unknowns: Bounded
- Condition rationale
- No functional, calibration, or service evidence bounds the material condition risk.
- Material unknowns: Unbounded
- Market Support rationale
- Recent completed Series 7-family evidence is mostly low-dollar, about $40–$80 per unit; related protected variants and stronger accessory/condition states are not direct comps.
- Material unknowns: Bounded
- Costs rationale
- Logistics and verification are buyer-specific reserves rather than quotes.
- Material unknowns: Unbounded
Market support assesses how well the available evidence supports the resale assumption. Exact third-party marketplace records may be omitted when source-use rights are unclear. Each dimension uses the published methodology rubric; a confidence label measures the strength and boundedness of its evidence, not the likelihood of a profitable outcome.
Risks and unknowns
High · Function Unverified
No voltage, current, resistance, zero-adjust, continuity, calibration, battery/fuse, or internal-condition evidence is established.
The supplied evidence does not demonstrate the value-bearing function.
High · Profit Floor Failure
The standard absolute-profit requirement fails even at a zero hammer.
LotCaliper economics model.
Sources
View cited public sources
- GSA Auctions API / Data.gov
Official public provenance for auction facts; no unverified direct item URL is invented.