Auction May The Best Bidder Win

Auction May The Best Bidder Win



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.




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