Archive for October 2008
Types of Auctions
Posted by: suzanne rendall on: October 15, 2008
English Auction: This type of auction is used at English auction houses like Phillips, Sotheby’s, and Christie’s. The process starts when the auctioneer announces the item and the minimum bid. Individuals openly try to outbid each other wherein each bid is higher than the previous one. The item is sold when the ‘buy-out’ price is [...]
Tips on Finding the Right Auction House
Posted by: suzanne rendall on: October 14, 2008
There are so many police auctions, government auctions, and privately hosted auctions happening across the country. And choosing one may be a bit confusing. Since the type of auction house will make the difference between getting the best deal and going home with nothing, finding the right one is as important as knowing how to [...]
