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Net Auctions and Auction Information |
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Auction and Its Benefits
An auction is basically a public sale wherein any object issold to the highest bidder. It can be defined as a process of purchasing and selling things by offering them up for bid, taking bids and selling the things out to the highest bidder. This is what is generally the case. However, a sale to the lowest bidder may also take place, in cases where land is sold for non-payment of taxes to anyone willing to take it for the shortest term; or where a contract is offered to an individual or party willing to take it for the shortest term; or where a contract is offered to an individual or party willing to perform it at the lowest price. Such cases too seem to fairly come under the purview of the term 'auction'. In case of auction the seller presents the products on a public platform. The selling price of the products are determined by the bids or offers of buyers interested in buying them based on their individual estimation of value of and need of the products. The person offering the highest bid at closing of auction receives the right to purchase the products at the bid price. The winner of the bid is normally legally bound to buy the item auctioned. In recent times auctions have been conducted online. The benefits of auction are many. Some of the significant advantages are: a) The auctioned item fetches the highest price in the given situation. Thus, in a way there is the maximization or optimization of profit. b) At an auction the goods are almost certainly disposed off after bidding by their sale to the highest bidder. Hence, this serves as the right podium for disposing or selling out of accumulated goods. Otherwise, business could have become stagnant due to the stocking of these goods. Certain items could also have perished (in case of perishable goods) or expired if not sold out in time. c) In case of auctioning a variety of articles may come up for sale, which may not be otherwise available in the market. The buyer can get quite surprised by looking at a treasure trove of antique articles available at an auction. d) An auction can also be considered as a method for estimating the value of certain commodities which have hitherto undetermined or variable prices. Author bio:
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Public Auction WBOC TV 16 After over an hour of bidding for individual lots at the Ocean City Brewing Company's public auction on Tuesday, one Pennsylvania man bought everything in an ... Silverstone Auctions Shines with Race Retro Classic Car Sale Business Wire Proxibid will provide live online bidding for the Silverstone Auctions Race Retro Classic Car Sale this weekend in Coventry, Warwickshire UK. Spectacular, well-provenanced antiquities are in Ancient Resource Auctions' online auction, March 2nd ArtfixDaily Greek terracotta relief scene from circa the 5th century BC, depicting two women seated on ornate chairs and facing each other, mold-made and partially in the ... National Powersport Auctions Roars Into Sacramento Motorcycle & Powersports News Given the size of the state and the volume of anticipated business, the new Sacramento operation occupies a 38000 sq. ft. facility conveniently located near ... Auction House Wine Sales Break Records Forbes Wine sales at major auction houses across the globe hit record highs in 2018, according to Sotheby's, the international auction house with outposts around the ... Durgin-Park memorabilia is on the auction block The Boston Globe After Durgin-Park closed on Jan. 12, one of the most common refrains uttered among locals seemed to be, “I wish I had gone.” The 192-year-old restaurant was ... Luxury Real-Estate Firm Concierge Auctions Fights Allegations of Fraudulent Bids Wall Street Journal In the competitive world of luxury real estate, Concierge Auctions is the dominant force in the rapidly growing business of selling pricey properties to the highest ... Museum of Art auction ends Thursday The Ledger LAKELAND — The Polk Museum of Art's annual fundraising online auction ends at 5 p.m. Thursday. Nearly 70 items are being sold to the highest bidder for just ... Torrington sells downtown property at tax auction; no bids on 2nd site - Torrington Register Citizen Torrington sells downtown property at tax auction; no bids on 2nd site Torrington Register Citizen TORRINGTON — A sparse crowd attended the city's delinquent tax auction Tuesday, where one of the two properties for sale was purchased. The former ... Online auction for the United Way is March 8 Cornell Chronicle The fourth annual Big Red Online Auction to benefit the United Way will be held March 8 from 12:01 a.m. to 11:59 p.m.. Chandler Speedway up for auction TriStateHomepage.com The auction will take place on Wednesday, March 20. Rare Michael Jordan shoe goes from Milwaukee mall demolition site to high-priced auction Milwaukee Journal Sentinel "My Very Best." It's a simple enough message, scrawled on an old athletic shoe that wound up in an abandoned storage room as Capitol Court Mall was being ... Visit The Kung Fu Nuns Of Nepal And Other Auction Items At The Hollywood For Science Gala Forbes Buddhist nuns practice Kung Fu at the Amitabha Drukpa Nunnery on the outskirts of KathmanduGetty. Our world is dramatically changing through global ... Mint copy of Super Mario Bros. sells for $100,150 at auction The Verge A mint condition original copy of Super Mario Bros. for the NES has sold for a whopping $100150 at an auction, making it one of the most expensive games ever ... Ferrari Emerges As Top Earner from 2019 Scottsdale Collectible Car Auctions Forbes With another round of January auctions behind us, we can now get a better look at how collector cars are selling and marvel at the prices they command. Auctioneer facing more theft allegations at National Book Auctions ithaca.com Local auctioneer David Hall, who ran two local consignment companies, has been hit with another lawsuit regarding the operation of his National Book Auctions ... Big Changes Expected For The Boulevard Mall If It Goes To Auction wyrk.com The way people shop has completely changed so of course the places where we shop will need to change too. That looks like the case with The Boulevard Mall. FEMA auctions surplus trailers stored in Central Texas KWTX The Federal Emergency Management Agency is selling thousands of surplus trailer homes that were shipped to and stored at a Central Texas airport and bids ... Phillips to Auction 164 Lots of 20th Century and Contemporary Art Barron's Phillips will auction 164 pieces of 20th century and contemporary art at an evening sale March 7 and a day sale March 8 in London. The auction will include ... Sheldon Christian School hosting auction | News nwestiowa.com SHELDON—The good book says faith can move mountains and a group of believers also hope it can help raise $35000 for Sheldon Christian School. Chocolate auction supports youth programs Valleyjournal ARLEE – Auctioneer JR Strand had never seen a three-way tie for the top honor at the Arlee Chocolate Lover's Festival, but he did this year af... Iron Horse may yield gold in auction | News, Sports, Jobs Lewistown Sentinel Bob Ellis knew what he wanted from his mother-in-law's collection of Lou Gehrig memorabilia both times she asked him to pick something out as a Father's Day. HELPING HAND AUCTION | Local News Paris Post Intelligencer The Helping Hand radio auction raised $6385 on Friday and $8187 on Saturday for a year-to-date total of $258536. 'Ballpark Auctions' moves to new Port Richey location FOX 13 News, Tampa Bay There's a brand new place in Port Richey called Ballpark Auctions. Delta puts VIP bourbon tour up for auction with miles Atlanta Journal Constitution Delta Air Lines is holding a SkyMiles auction for a VIP bourbon tour that will involve curating a Woodford Reserve bourbon for Sky Clubs. Monty Mason '89 yearbook pages depict Pi Lambda Phi 'slave auctions' The Flat Hat When Virginia Senator Monty Mason '89 (D-Williamsburg) was an undergraduate at the College of William and Mary, his fraternity — Pi Lambda Phi ... The FCC Just Wrapped Its First 5G Airwave Auction, and It Didn't Even Crack $1 Billion Fortune The first 5G airwave license auction ended with the Federal Communications Commission receiving total winning bids of $702 million. Candlelight Ball auction to raise money for APSU scholarships Clarksville Leaf Chronicle Every spring, the Austin Peay State University Candlelight Ball provides an evening of fine dining and dancing, while also allowing participants to support ... Brisbane auctions: The Balmoral time capsule house holding a lifetime of memories Domain News On the market for the first time in its 57-year history, this Balmoral Hill house was a literal labour of love for its owner and is now a bricks and mortar time capsule ... Auction to be held to sell off Hawk Plant assets shropshirestar.com Hundreds of assets belonging to collapsed plant hire company Hawk are to be sold off at auction. Online New Mexico-Based Dispersal Auction Takes Place Feb. 22-25 - Horse Racing News Paulick Report An online auction of 70 Thoroughbreds, including broodmares, yearlings, 2-year-olds, and a stallion, will take place Feb. 22-25 as part of a court-ordered ... T-Mobile Drops Alternative C-Band Auction Plan at FCC CableFAX There's a new C-Band auction plan at the FCC, with T-Mobile offering up an alternative to the C-Band Alliance pitch. Feds auction off prized horses of ex-Venezuela treasurer who got rich as socialist country crumbled Fox News As Venezuela's path of socialism was going bust and millions of people were drowning in poverty without access to adequate healthcare or even food, a small ... SCS Winter Auction Packer football | News nwestiowa.com This football signed the 2018 Green Bay Packers will be up for bid during the Sheldon Christian School 2019 Winter Auction on Friday, Feb. 22. KAR Auction Services: 4Q Earnings Snapshot WHIO KAR Auction Services Inc. (KAR) on Tuesday reported fourth-quarter net income of $67.3 million. Art auction funds scholarship in memory of beloved teacher Big Country Homepage A new scholarship is being organized in memory of beloved Wylie art teacher Stacy Horton Sanchez. You can help fund the scholarship for it's first students at a ... Kure For Kassie Live Auction and Benefit Dinner - ABC 36 News WTVQ Kassie is a 34 year old mother of two who was diagnosed with Stage 3 esophageal cancer on her 34th birthday. It has now metastasized to her brain and has ... Two Clallam parcels set for auction in Department of Natural Resources land exchange Peninsula Daily News Common School Trust to gain interest in 368 acres in Skagit County. Silent Auction Will Benefit Programs At Linden House Ste. Genevieve Herald French Colonial America, the properties of the campus of the National Society of the Colonial Dames of America in the State of Missouri, will host a silent auction ... Amsterdam foreclosure auction bids top $141K The Recorder The Recorder - newspaper of the Montgomery County Region of New York and your best source for local news and information. Selling Heathrow's slots at auctions 'will push up fares' The Times Ministers are considering auctioning take-off and landing slots at an expanded Heathrow, despite warnings that such a move would inflate costs for airlines and ... Industry Stunned as Mexico Cancels Clean Power Auction Greentech Media News Mexico's renewables sector is reeling from the cancellation of an upcoming clean energy auction and the likely handing of power back to state entities. After 34 Years On Boy's Bedroom Wall, Spider-Man Original Cover Art Now At Auction For $75K - Forbes After 34 Years On Boy's Bedroom Wall, Spider-Man Original Cover Art Now At Auction For $75K Forbes For 24 years, the original cover art for a Spider-Man comic book drawn by the legendary artist John Romita Sr hung on a boy's bedroom wall. The owner had no ... 3 White Tractors Sold Today on Illinois Farm Auction | Agweb.com AgWeb A whiteout today (February 16, 2019) at the George & Curtis Overcash estate and Larry Overcash farm auction in Canton, IL. Nope, I'm not talking whiteout as in ... Auction for memorabilia at popular Mardi Gras Multiclub underway WPRI 12 Eyewitness News According to Salvadore Auctions website, the doors opened at 9 a.m. and bidding started at at 11 a.m. on Saturday. Global Wine Auction Market Exceeds $479 Million in 2018 | Collecting News | Collecting Wine Spectator While 2018 was a volatile year for Wall Street, it was a winning year for wine auctions. Bidders paid record prices for a host of rarities ranging from Domaine de ... 9 Online Auction Sites to Rival eBay G2 Crowd Online auctions are a great way to snag unique items, so we've compiled a list of 9 online auction sites that work similarly to eBay but offer a unique way for you ... Finders keepers: KCSO selling seized items in online auction WBIR.com The auction company said buyers will find several designer brands for sale including over a thousand watches. Auction set for kuleana on Zuckerberg estate Thegardenisland.com LIHUE — Several small land parcels located within the boundaries of Facebook CEO Mark Zuckerberg's 700-acre estate on the North Shore will be sold at a ... Amazon HQ2 Auction Exposes Tax Break-Industrial Complex YubaNet Washington, DC, Feb. 19, 2019—Good Jobs First, the watchdog group on economic development incentives, today released a strategic proposal for ending the ... Boulevard Mall expected to go on auction block this spring WIVB.com - News 4 AMHERST, N.Y. (WIVB) - There could be some major changes coming to the Boulevard Mall in Amherst. The troubled mall is expected to go on the auction block ... Prices remain competitive in 1GW Maharashtra solar auction PV-Tech A 1GW solar auction has been completed in the Indian state of Maharashtra with tariffs remaining competitive but the number of winning players further ... Antigua Villa Heading to Auction Caribbean Journal A luxe Antigua villa is headed to auction, Caribbean Journal has learned: the Villa Nonsuch at Antigua's prestigious Nonsuch Bay. BCSO Hosts Car Auction My Panhandle Those in need of a car were able to get some great deals early Saturday morning. Old West Auction Totes Up $3.1 Million In Weekend Sales Antiques and the Arts Online MESA, ARIZ. - The more than 500 people who attended the live auction of the Robert G. McCubbin photography collection conducted by Old West Events on ... Controversial Limestone West timber auction could be delayed in court ABC FOX Montana BOZEMAN - A group in Bozeman is fighting a proposal by the Department of Natural Resources and Conservation (DNRC) to develop the Gallatin Front for ... Quora adds search-like keyword targeting, Auction Insights for advertisers Search Engine Land SAN JOSE — Quora continues to rapidly build out features and capabilities of its not-yet-two-year old advertising platform. The question and answer platform ... Heritage Global Patents & Trademarks to Conduct Auction of the Intellectual Property of Beaulieu Group, LLC - World Famous Carpet Manufacturer PRNewswire SAN DIEGO, Feb. 19, 2019 /PRNewswire/ -- Heritage Global Patents & Trademarks has been appointed to auction the Intellectual Property of Beaulieu Group, ... Auction Preview: Contemporary Art Day Auction at Sotheby's, London, Mar 6 | Artinfo - BLOUIN ARTINFO Auction Preview: Contemporary Art Day Auction at Sotheby's, London, Mar 6 | Artinfo BLOUIN ARTINFO What: Contemporary Art Day Auction. Where: Sotheby's; 1518 Slocum Street, Dallas, TX 75207. When: March 6; 10.30 am GMT. Public Viewing: Fri, 01 Mar 19 ... St. Pius Annual Legacy Gala Dinner Auction Coming Up in April My Moinfo (Festus) The annual St. Pius Legacy Gala Dinner Auction will be held the evening of Saturday, April 6th in the Ralph Boyer Gymnasium at St. Pius High School ... Auction Preview: Contemporary Art Evening Auction at Sotheby's, London, Mar 5 BLOUIN ARTINFO What: Contemporary Art Evening Auction. Where: Sotheby's, 34-35 New Bond Street, London W1A 2AA, UK. When: Mar 5, 7:00 PM GMT. Public Viewing: Fri, 01 ... Waverly's Feb. 28 Auction Spotlights Presidential Material & First Editions - In The News Fine Books & Collections Magazine Falls Church, Virginia - A letter written by Abraham Lincoln in the early days of the Civil War, a document from 1793 signed by Washington and Jefferson; and a ... DPNS plans Mardi Gras Auction Davis Enterprise Davis Parent Nursery School's Mardi Gras Auction is from 5:30 to 10 p.m. Saturday, Feb. 23, at Davis Veterans Memorial Center. The $25 ticket includes Creole ... Mario Klingemann's "Memories of Passersby I" up for auction Fast Company Mario Klingemann's “Memories of Passersby I” generates portraits using neural networks. But that's not what makes it art. Broad City Will Auction Series' Wardrobe, Props for Charity TVOvermind Before you ask why anyone would want anything that was one an outfit or a prop on Broad City let's just be fair and say that people do collect some truly. Torah ark 'stolen' from northern Romanian synagogue set for Israeli auction Jewish Chronicle Romania's Jewish community has moved to block the Israeli auction of a Torah ark because they believe was fraudulently removed from the northern town of ... George Washington's 'illustrious' hair goes up for auction Fox News A lock of hair from founding father George Washington is set to go up for auction next month and experts believe it could fetch a pretty penny. Third annual auction benefits QHS FFA Herald-Whig The third annual Quincy High School FFA auction will take place Thursday, Feb. 21, in the QHS cafeteria. David Gilmour's guitar collection comes to auction Christie's David Gilmour's 1969 Black Fender Stratocaster has earned its place in rock'n'roll history. Known as 'The Black Strat', the guitar was purchased in 1970 at ... Up for auction: Bob Dylan's childhood bathroom sink Bring Me The News It's being sold on Ebay by the owners of the former Zimmy's Restaurant. 'Huge sentiment shift': Sydney, Melbourne auction clearances pick up The Australian Financial Review Sydney's auction clearance rate hit a nine-month high and Melbourne's also picked up on the weekend buoyed by hopes of an interest rate cut and relief that ... 007 Lots You Can Buy In The Bond & Beyond Auction Forbes Memorabilia associated with James Bond and other vintage action stars hits the auction block on February 7th. A range of material from actual film-used props to ... Clark County auction scheduled for March 2 KLAS-TV Clark County will hold its first government auction of the year on Saturday, March 2. 2019 Fantasy Baseball Draft Prep: 12-team Head-to-head points auction CBS Sports Every auction is different, of course, but Scott White says it wasn't so surprising to see owners go aggressively after starting pitching in this one. LaFayette's last dairy farm to auction off equipment, cattle WSYR Owner Bud Nurse told NewsChannel 9 due to his health and the dairy economy, he has decided to auction off all of his equipment and cattle. Unopened Super Mario Brothers game sells for $100k at auction WPVI-TV There's a new world record for a classic video game. No one wanted to buy Hitler's paintings at an auction held in Germany amid public outrage and accusations of forgery Business Insider Five paintings believed to be created by Adolf Hitler failed to sell at a German auction amid public outrage and accusations of forgery over the weekend. Buckeye Cruise For Cancer Auction Includes Woody Hayes Projector, Urban Meyer's 2014 Playbook and Various Auto Eleven Warriors The Buckeye Cruise For Cancer has a mighty impressive live auction lineup including Urban Meyer's 2014 playbook, Woody Hayes' projector, a charm of seven ... No One Wanted To Buy These 'Hitler Paintings' At Controversial Nuremberg Auction HuffPost Five paintings purportedly made by genocidal dictator Adolf Hitler failed to find any buyers at a weekend auction in Nuremberg, Germany, amid concerns about ... The Golf Auction to present rare, coveted pieces of the PGA REACH collection PGA.com A 1999 PGA Championship flag autographed by Tiger Woods is one of the rare collectibles that is part of the PGA REACH Collection, which will be unveiled for ... Mardi Gras Multi Club items being sold at auction Turn to 10 Here's a chance to own a piece of Rhode Island nightclub history. Items from Mardi Gras, JR's Fastlane, Mustang Sally's and Club 5 in Cranston are being sold ... Eric Sabree welcomes investigations of family's role in tax foreclosure auction The Detroit News Wayne County Treasurer Eric Sabree embraced two separate county reviews of his family's property purchases from his office's tax auction, he said in a ... New England Patriots Julian Edelman's beard trimmings up for auction MassLive.com Julian Edelman's beard is no more but the trimmings will have a second life, of sorts. Priciest home ever listed for sale in Arizona draws $14 million bid at auction AZCentral One of Arizona's priciest homes — a 31000-square-foot Paradise Valley mansion listed for $35 million — drew a top bid of $14 million on Jan. 31. |
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