Ritchie Bros. Lists Top-10 Big-Ticket Cranes it Sold in 2021

Grove GMK7550 $2.075 million, highest priced of 2021

Feb. 8, 2022 - In 2021, Ritchie Bros. auctioneers sold more than 1,400 cranes, about 39% of them rough-terrain models.

Recently, the auction giant posted a blog listing the 10 cranes it sold for the highest prices in 2021.

The blog said that according to Rouse Services, which tracks equipment prices across the industry, the Auction Value Index for cranes is up approximately 9% year over year.

Ritchie Bros. quoted an excerpt from Rouse’s quarterly crane commentary for Q4 2021 that says the crane industry has continued to improve relative to earlier in the pandemic, and that used-crane prices have held up well.

Here are the top 10 big-ticket cranes the Ritchie Bros. sold through its multiple sales channels in 2021.

1. 2012 Grove GMK7550 550-ton 14x6x14 all-terrain crane – US$2.075 million

2. Unused 2021 Grove GMK5250XL 300-ton 10x6x10 all-terrain crane – US$1.85 million

3. 2020 Grove GMK5150L 175-ton 10x8x8 all-terrain crane – US$1.25 million

4. 2015 Link-Belt ATC3275 275-ton all-terrain crane – US$965,000

5. 2019 Link-Belt 218HSL Hylab 110-ton self-erecting crawler crane – US$685,000

6. 2013 Link-Belt TCC11000 crawler crane – US$576,000+

7. 2001 Manitowoc 2250 300-ton self-erecting crawler crane – US$475,000

8. 2010 Liebherr LTM1200-5.1 200-tonne 10x8x10 all-terrain crane - US$521,000+

9. 2013 Soilmec SC90HD crawler crane – US$343,000+

10. 2017 Tadano-Mantis GTC-600 telescopic crawler crane – US$270,000

Anyone wanting to research the latest pricing for equipment can sign up for the Free Ritchie Bros. Asset Valuator tool. Ritchie Bros. says it lets users quickly type in make, model year, and meter hours to instantly receive pricing results for items sold through Ritchie Bros. over the past two years.