tiffany and co outlet compared to 160 in the exact same period

$790 million, a decrease of approximately seven% compared to the same quarter last year. The year more than year decrease was due mainly to a tough similar time period in 2012, you may recall that we secured a significant mining packaging in Q3 final year. As well, 4 auction places that held auctions in the 3rd quarter of tiffany outlet 2012, held their auctions in October this yr. As we have now tabulated GAAP for the month of October, I am pleased to confirm October GAAP totaled $361 million up 29% from last year. On the twelve thirty day period trailing foundation in the Oct 31, GAAP was $3.seventy nine billion down four% from a yr in the past. While we are selling more tons, the typical value of lots sold has decreased as a outcome of the combine and age of utilized gear currently coming to market. I would like to take this opportunity to remind everybody that our month-to-month and quarterly GAAP does and will carry on to fluctuate tiffany jewelry outlet considerably as we don't manage our business for comparable periods. We routine auctions throughout the year on dates that best cater to our clients and generate the very best costs for them. During the initial nine months of 2013, we held 166 industrial auctions tiffany and co outlet compared to 160 in the exact same period final yr, and the average GAAP for each tiffany outlet online auction was $15 million in contrast to $17 million in the same period final year. The increase in auctions held and decrease in typical GAAP for each auction is because of in part to keeping much more offsite auctions or those revenue held that site other than our 44 set locations, which we frequently do in new marketplaces or in locations we believe we can develop additional brand existence. While smaller, on typical, offsite revenue are a great way of exposing our industrial auctions to new customers in new or under penetrated markets and are 1 of the tools that we utilized to continue our growth strategy. We mentioned on our last earnings contact, we are acutely focused on improving the productiveness of our Territory Managers and a sizeable part of our sales force is still early in the Ritchie Bros. occupations. The investments we made to provide new assistance resources, direct era, competitors structures and coaching opportunities are beginning to spend off.