Gourt > Shopping > Auctions (21)
An auction is the process of buying and selling things by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction is a method for determining the value of a commodity that has an undetermined or variable price. Auctions can be with reserve or minimum, or without minimums, or absolute or no reserve. In reserve auctions, there is a minimum bid or reserve price; if the bidding does not reach the minimum, there is no sale (but the person who puts the item up for auction may still owe a fee to the auctioneer or auction company). In absolute or no reserve auctions, the sale is guaranteed, with only the price left to be determined. In the context of auctions, a bid is an offered price.
Auctions are publicly seen in several contexts and almost anything can be sold at auction. Some typical auction arenas include the following:
- the antique business, where besides being an opportunity for trade they also serve as social occasions and entertainment
- in the sale of collectibles such as stamps, coins, classic cars (by Kruse International for example), fine art, and luxury real estate
- in the sale of all types of real property including residential and commercial real estate, farms, vacant lots and land
- for the sale of second-hand goods of all kinds, particularly house clearances and online auctions
- in commodities auctions, like the fish wholesale auctions
- in thoroughbred horseracing, where yearling horses are commonly auctioned off; and
- in legal contexts where forced auctions occur, as when one's farm or house is sold at auction on the courthouse steps.
Although less publicly visible, the most economically important auctions are the commodities auctions in which the bidders are businesses even up to corporation level. Examples of this type of auction include:
- sales of businesses
- spectrum auctions, in which companies purchase licenses to use portions of the electromagnetic spectrum for communications (for cell phone networks, for example)
- timber auctions, in which companies purchase licenses to log on government land
- electricity auctions, in which large-scale generators and consumers of electricity bid on generating contracts
- environmental auctions, in which companies bid for licenses to avoid being required to decrease their environmental impact
- debt auctions, in which governments sell debt instruments, such as bonds, to investors. The auction is usually sealed and the uniform price paid by the investors is typically the best non-winning bid. In most cases, investors can also place so called non-competitive bids which indicates an interest to purchase the debt instrument at the resulting price, whatever it may be.
Auctions :: Business Services
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E Commerce Marketplaces
Other Payment Systems :: Merchant Services
Auctions :: Shopping
Auctions :: Shopping
Auctions :: Shopping
Baseball Pioneer's Letters Pulled From Auction - New York Times
Fri, 03 Jul 2009 01:33:15 -0000
Baseball Pioneer's Letters Pulled From AuctionNew York TimesHunt Auctions was scheduled to sell some of the items on July 14 at the Major League Baseball All-Star Game FanFest in St. Louis. But the letters have been ...Pioneer Wright's letters pulled from auctionMLB.comBidding on baseball letters suspended amid inquiryThe Associated PressBaseball trove may have long-missing docs from NYThe Associated Pressall 209 news articles »
OFF THE RUN: Auction Rule Change Spotlights Primary Dealers - Wall Street Journal
Thu, 02 Jul 2009 14:33:44 -0000
OFF THE RUN: Auction Rule Change Spotlights Primary DealersWall Street JournalThe June 1 changes in how US Treasury debt auction bids are reported give the government a better picture of foreign investor demand - a key investor base, ...Treasurys Up As Stocks Slip After Poor US Payrolls ReportWall Street Journalall 4 news articles »
Lake luxury homes will be auctioned off — just to be sold - Kansas City Star
Fri, 03 Jul 2009 04:10:28 -0000
Lake luxury homes will be auctioned off — just to be soldKansas City StarOwners of luxury homes at the Lake of the Ozarks are turning to auctions to get their properties sold in a slow real estate market. ...and more »
Barter - Books, clothing, beauty, collectibles, home and garden.
Meta Description: [ auctionandbarter.com ]
Amazon.com Auctions - Organized by category with search available. Also lists some items for Sotheby's.
Auction Fire - Offers a variety of categories. Includes image hosting, consignment service, message board and fraud alerts.
Meta Description: [ Auction Fire is a free online auction site. An ebay alternative offering free auctions. Internet Auctions Website. Buy or sell in thousands of internet auction categories. No listing fees, free image hosting, and free feature auctions. Seller may link ads to their own websites. ]
Auction-Warehouse - Name-brand computers, peripherals, games, and electronics.
Meta Description: [ Auction-Warehouse.com - FREE auctions for everyone and great deals for Computers, Electronics, Office products, Tools, Collectibles, Jewelry and much more! ]
500
Auction4it.com - Includes electronics, jewelry and household items.
Auctionweiser Enterprises - Includes price guides, listing fees, and FAQ.
Meta Description: [ InterShopZone.com Marketplace - search for millions of products in one location. ]
500
Bid Monkey - Includes books, electronics, coins, and computers.
Meta Description: [ The Fastest Growing Auction Community on the Internet! ]
Bid-Alot.com - Offering listings for a wide variety of products. Includes information regarding photo uploads and registration.
Meta Description: [ Online auctions world wide. You can buy and sell on our secure site. ]
Bid4Assets - Offering jewelry, real estate, and personal property.
Meta Description: [ Bid4Assets is the online auction site for high value items like real estate, jewelry, coins, collectibles, art, memorabilia, luxury items, financial instruments, sports equipment and more. Find great deals on forfeited, seized, surplus and tax defaulted property from U.S. Marshals Service, stat... ]
Bidera - General merchandise sorted by category. Proxy bidding and bulk item uploading.
Meta Description: [ Bidera ™ Auctions - online auctions offering a wide variety of products - includes fine art, antiques books, jewelry, coins and other collectible memorabilia. ]
500
Bidville Auctions - Offering a wide variety of products, includes a watchlist and image gallery.
Meta Description: [ Better Auctions. Bidville.com, your alternative auction site. ]
Bidz.com - Includes jewelry, antiques, art, coins, autos and electronics.
Meta Description: [ The largest online jewelry auction. Up to 95% off gold jewelry, engagement rings, watches, diamond jewelry, gemstones, and much more starting at $1 no reserve, every 5 seconds. ]
Christian-Auctions.com - Includes bibles, books, music, computers, and collectibles.
Meta Description: [ international dating christian auction credit counseling catholic rosaries amish jesus ]
CQout - Wide variety of products including arts, books, fashion, housewears and jewelry.
Meta Description: [ Seek-you-out a real bargain at CQout Online Auctions UK. Buy or sell at auction autographs, cheap CDs, jewellery, treadmills, movie posters, rowing machines, books, telephone systems and much more.... ]
eBay - International person to person auction site, with products sorted into categories.
Meta Description: [ Buy and sell electronics, cars, clothing, apparel, collectibles, sporting goods, digital cameras, and everything else on eBay, the world's online marketplace. Sign up and begin to buy and sell - auction or buy it now - almost anything on eBay.com ]
eBid - No fee online auctions with items sorted by category.
Meta Description: [ eBid Online Auctions the No. 1 Alternative. List for Free in the US, UK, Canada, Australia, Ireland, Deutschland, France, España, Italia, Nederlands. Buy and Sell second hand and unwanted telephones, hardware, second, hand, user, action figures, antiques, autographs, animation art, barbie, beani... ]
Epier.com - Toys, collectibles, electronics, real estate and apparel listings.
Meta Description: [ Auction site ePier is a no listing fee online auction site. An ebay alternative offering free auctions. Internet Auctions Website. Buy or sell in thousands of internet auction categories. No listing fees, free image hosting, and feature auctions. Seller may link ads to their own websites. ]
General Services Administration Auctions - U.S. government offers the general public the opportunity to bid electronically on a wide array of federal assets. Surplus, seized and forfeited assets are available for bidding.
InterAuct - Singapore auction site.
Meta Description: [ Singapore Online Auction site. Buy and sell, New or Old Auction - Style! No charges or fees! Create your very own auctions and join in the fun and excitement of out-bidding others! ]
Internet Auction - Offers a items for auction divided into categories.
Meta Description: [ Internet Auction - Bid & Buy online at Below Wholesale Prices!!
Your source for jewelry, computers, electronics, games, gold, diamonds, automotive, tools, sporting equipment, gift ideas..... ]
iOffer.com - Offers electronics, crafts, business, hobbies, home and garden, video games and computers.
Meta Description: [ iOffer: A place to buy, sell and trade ]
KaBid.com - Products offered include books, coins, stamps, trading cards, sporting goods, toys, and music.
QXL - Online auction with offers for European consumers, including arts, collectibles, cars, computing, consumer electronics and entertainment.
Meta Description: [ online auction house. ]
Romahawk - Includes jewelry, music, collectibles, video games and personal care.
Meta Description: [ Buy or sell your product(s) 24/7 at our online auction, where our listings just keep getting larger! ]
SalvageSale, Inc. - Claims recovery and commercial salvage.
Meta Description: [ Buy and sell salvage, surplus, and used goods, equipment, and machinery. ]
Sam's Club - Includes apparel, electronics, computers and software, jewelry, and toys.
Meta Description: [ Sam’s Club Wholesale Warehouse offers wholesale online internet auctions for apparel, electronics, computers and software, jewelry, toys, and more. ]
500
The Free Auction - Offering a wide variety of categories. Includes live chat and message board.
Trade Me - Free online auctions and classifieds for New Zealanders.
Meta Description: [ TradeMe - New Zealand Online Auctions and Classifieds Trade Me is New Zealand's leading shopping website, with thousands of online auctions and classifieds. Buy and sell online at TradeMe.co.nz! ]
Tradeaway - Find, sell, trade, barter, buy any new/used item, service or real estate.
Meta Description: [ barter, Find, sell, trade, buy any new/used item, service or real estate with TradeAway. Sell your home, buy a car, trade for a boat or vacation. ]
uBid - On-line auction house.
Meta Description: [ Bid on Auctions you can Trust at uBid. Top alternative to eBay. uBid stands behind our Auctions 100%. Dedicated Customer Care. Best Auction Deals on the Web. ]
Utrove.com - Computers, automotive, housewares, music and electronics. Includes a gallery and account information.
Meta Description: [ utrove.com is an online auction offering a wide array of used antiques and collectibles culled from around the world. From unique one-of-a kind items to estate pieces, the depth of resources is enormous. ]
Vintage Auctions of Canada Ltd. - Online auctions for collector cars, art, and other items.
Yahoo Auctions - Offers various categories to buy and sell.
YNotBid - General auctions online.
Meta Description: [ YNotBid...the favorite online auction in your neighborhood! No credit cards required! Find auctions in your own city! ]
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