The Edmonton River Queen has a new owner, but its future is still uncertain.
Century Services was the auction firm behind the sale and says the boat sold for more than $500,000. Century Services Regional Manager Mickey Spencer says whoever bought the boat asked to remain anonymous for the time being.
“I can’t disclose the successful bidder — the winning bidder — at this time, but I’ve been in contact with them and they’ve said in the next few weeks they plan to roll out their plan and who they are,” says Spencer.
He says the bid process they used for the auction is unique to online sales.
“The closing was at 5:00pm, but with online auctions we do a thing called a “soft close”, so any bid lead change basically will extend the bidding by 20 minutes to kind of give everybody involved a fair and final warning that they are no longer the leading bid.”
Spencer thinks the soft close could be the reason the auction lasted a lot longer than anticipated.
“That actually got it extended by another six hours all the way to 11:00pm last night and after all is said and done the high bid was $553,000.”
Spencer says he didn’t think the boat would sell for as much as it did.
The Edmonton River Queen officially launched in 1996 and is currently docked at its 20-year berth near the Muttart Conservatory on the south bank of the North Saskatchewan River. (djs)