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Featured Auctions Articles

3 Unusual Formats For Auctions on eBay
eBay users are accustomed to only two "standard" formats forsales on eBay: either the 'regular' auction which involvesbidding and waiting; and the Buy It Now, which is an instantpurchase.But there are three other formats that are less well known.1. Live ...

Build Your Ezine Subscription List With Online Auctions
Most people believe auctions are giant flea markets, but they are much more than that. In fact, they are an excellent way to build your ezine subscription list. Online auctions attract millions of targeted customers. You don't have to go in search of ...

Five Surefire Ways to Win Auctions with Lower Bids
How to win auction items with lower bids by exploiting people's mistakes. If an item in an auction gets fewer people looking at it then it will get fewer bids and hence go for less money. So all you need to do is find these items that people are not ...




Auction - May The Best Bidder Win
 
An auction means a public sale of properties or objects that are sold to the highest bidder. There are a whole lot of things that can be put to auction. There are auctions that are held under various categories such as antiques and art, automotive that include vintage cars, motorcycles, accessories, etc. The other popular items include clothing and accessories of film stars and sports stars, scripts of movies, sports goods. The jewellery auctions selling intricately designed precious jewels and gem jewellery are extremely popular.

There are auction houses where you can go and bid for the things of your liking. The auction houses have a calendar holding the sale on a particular theme. You need to submit details such as name, address, telephone number and banking or credit information as is specified by the salesroom where you are going to bid. A unique number, known as the Client Number, is going to be allotted to you. A paddle is a plastic card bearing a number that is registered at the auction. The paddle is raised to bid and the auctioneer calls out the paddle number of the successful bidder at the time of selling each lot. When the gavel falls the auctioneer announces the hammer price. The hammer price is the final bid price, which does not include a buyer's premium. The buyer's premium is the money that is paid separately by the buyer to the auction house. It is a percentage of the final bid price.

Sotheby's and Christies are two very famous auction houses. Samuel Baker founded Sotheby's in the year 1744. However, today this premier auction house has branches on the Manhattan's York Avenue and New Bond Street, London. The New York office was opened in the year 1955. In the year 1964 Sotheby's acquired the Parke-Bernet, which was the largest art auction house of America. This acquisition helped Sotheby's gain a sizable presence across America. James Christie founded Christies in the 18th century. A man having very charming demeanor, James Christie's clientele included the British royalty as well. The auctions of Christies include some 80 categories. Their sales rooms in America are at the Rockefeller Center, New York and North Camden Drive, Los Angeles.

Auctions these days are not just limited to the auction houses. There are lots of websites that are into the business of auctioning. You can list the products you want to auction and invite bidders. You can specify the time when the bid closes as well as other terms and conditions. You need to specify that shipping and the other supply costs are to be borne by the buyer.

Click on the item of your choice and get set bidding.

About the author:

Sintilia Miecevole, host of http://www.futurauction.com loves to go to auctions, just like you! Click on http://www.futurauction.com and find everything from bidding, buying, sales, software, sites to selling, wholesale, locations, tickets and much more. Enjoy an auction close to you!



Auctions News

Dollar slides on bleak corporate outlooks - Seattle Post Intelligencer
NEW YORK -- The dollar slid against the euro, the pound and the yen Wednesday as U.S. companies gave bleak profit outlooks and markets anticipated rate cuts in Europe. The 16-nation currency rose as high as $1.3747 before drifting back to $1.3658 ...

Builder Avoids Foreclosure Using Real Estate Auctions - Earthtimes
CHARLOTTE, N.C. , Jan. 7 /PRNewswire/ -- In this increasingly competitive housing market brought on by current economic conditions, builders are turning to real estate auctions to liquidate new home inventories. Charlotte -based builder, Southampton ...

DoT offers compromise on auctions of 3G spectrum - Business Standard
The Department of Telecommunications (DoT) has suggested a compromise formula to resolve the controversy raised by the ministry of finance on auctioning spectrum, the radio frequencies that enable wireless services, for third-generation or 3G ...

Treasurys down as auctions loom - CNN Money
NEW YORK (CNNMoney.com) -- Treasury prices fell Wednesday - ahead of a record $30 billion auction of three-year notes - amid speculation that the new president will increase debt sales. Meanwhile, bank-to-bank lending rates eased. Yields rose on the ...

Bond prices decline even as Treasury auctions off a record $30 billion ... - Fort Lauderdale Sun-Sentinel
NEW YORK (AP) — Treasurys fell in trading Wednesday despite a decent note auction, as investors grew more reticent about pouring money into government debt. The Treasury Department sold a record $30 billion in three-year notes to more than twice as ...