Issue Date: Vol. 51, No. 9, September 2011, Posted On: 9/18/2011
Cleveland Coin Inventory Sold At Public Auction
Cleveland Coin Machine Exchange Inc., CCME, Ron Gold, George Smith, Family Entertainment Group, amusement machine distributor, arcade games, jukeboxes, pinball machines, amusement business, vending machine, amusement machine sales, amusement machine auction, coin-op news
WILLOUGHBY, OH -- Following the purchase of Cleveland Coin Machine Exchange this summer by Family Entertainment Group LLC, the new owners staged a public auction of more than 350 amusement games, novelties and jukeboxes.
The auction took place Aug. 27 at the Cleveland Coin facility here and on the Internet via simulcast, using real-time bidding technology.
The pieces for sale were described as "excess inventory" and included cranes, kiddie rides, pool tables, arcade games, air hockey tables and bulk venders and among other coin machines.
VT reported the sale of CCME and the retirement of its chief executive Ron Gold in July. | SEE STORY