Types of Auction

Below are our 13 articles in the 'types of auction' category:

Art Auctions
Probably the highest profile of all modern auctions are the art auctions. Record prices for major works by big names are broken regularly making the newspapers and evening news. The buyers are ...
Auction Terminology
Like any field auctions have their own terms, many that apply to both online and in-person auctions. If you’re going to take part as either a bidder or a seller, it definitely helps to speak the ...
Car Auctions
If you know what you’re doing you can pick up a bargain at a car auction – but the real emphasis is on the last part – you really have to know what you’re doing, since vehicles are sold as-is. The ...
Collectible Auctions
Collectibles of all kinds are hot. It can be movie or music memorabilia classic cars, toys – so much qualifies as collectible. What you’ll also find is that with the rising market, more and more ...
Commercial Property Auctions
Buying commercial property as an investment isn’t something for the novice or the unwary. The market is primarily made of up professional investors who have the money to spare (which most of us ...
How Reverse Auctions Work
Have you ever seen web sites which read “firms compete for your business!” Or perhaps a site where you state what you’re willing to pay for an item or service and companies go as low as they can to ...
In-Person Auctions
The first recorded incident of an auction was in 500 B.C. in Greece. Since then, throughout the ages, auctions have flourished and grown. For many years, in the Navy, a dead man’s possessions were ...
Online Auctions
There’s little doubt that the advent of online auctions in the 1990s revolutionised the way people viewed auctions. Before that they’d been largely seen as the preserve of the rich – even regular ...
Police and Government Auctions
What do the police do with all those items they confiscate, anyway? Or what about various government departments? They surely don’t just throw out everything they no longer use?

No, they ...
Residential Property Auctions
Buying a house or flat at auction can be a cheap way to get on the property ladder or to increase your holdings. It works the same way as any other auction – the highest bidder secures the property. ...
Auctions have been used as a method of selling for a long, long time - the first recorded auctions were in Ancient Greece, but it's perfectly possible that they existed before that and no one had ...
The Role of a Auction House
The auction house has been central to auctions for centuries (Sotheby’s held its first auction in 1744 for example), and these days you can find auction houses that not only conduct general auctions, ...
Wine Auctions
You might not have given it a great deal of thought but wine auctions are big business. A single bottle can go for hundreds, even many thousands in some instances (a bottle of Burgundy fetched over ...

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