The history of auctions dates back to 500 B.C. The Roman Empire used auctions to liquidate and estate goods. The earliest records of auctions can be found in the 1595 Oxford English Dictionary. As times have changed the face of auctions has transformed to accommodate the digital age. When most people think of online auctions,… Read more »
Tag: Auction Facts
Tips for First Time Auction Buyers
Auctions are a great way to purchase real estate, antiques, and rare items. If you are new to auctions, however, there are a few things to keep in mind to make your experience as smooth and enjoyable as possible: Arrive Early Most auctions have 90 minutes of preview time before the event gets started. This… Read more »
What’s the Difference Between an Auction and an Estate Sale?
An estate sale and an auction are two different ways to sell the contents of your space when you’re planning a move or selling a home. Sometimes these circumstances arise when the death of a loved one occurs. Typically, the easiest way to take care of the family members’ items is to hire a team… Read more »
Unique Items That Sell Well at Auction
It’s fair to assume that common auction items like antiques, cars, artwork, or land will see fast sales at auction, but what about those not-so-common items, the rarities that attract curious eyes and a heaping profit? Items that leave you scratching your head, wondering how people got their hands on these interesting finds. Here are… Read more »
The Most Expensive MLB Memorabilia Ever Sold at Auction
With the weather warming up, it’s time to start playing America’s pastime—baseball. This sport has been reenergized when it comes to the collectible market. Over the past few decades, some incredible pieces of MLB memorabilia have been auctioned off. Here are a few of the most expensive MLB memorabilia items sold at auction! Mark McGwire’s… Read more »
Why Do Properties Go Up for Auction?
While it’s true that some homes that go to auction are a result of a foreclosure or bankruptcy, most of the property sold at auction has no financial distress and is direct for sellers who have chosen the auction method. For many years, auction has been a preferred method for selling agricultural and rural properties,… Read more »
Apollo 11 Lunar Module Timeline Book to Go On Auction
On July 20, 1969 Neil Armstrong and Edwin Aldrin became the first humans to land on the moon. The journey to space was a long road which is rooted in tensions between America and the Soviet Union called the Cold War. On October 4, 1957 the Soviets launched Sputnik, an intercontinental ballistic missile and the… Read more »
Auctioneer Terms You’ll Want to Learn
At auctions, you can expect auctioneers talking a mile a minute and buyers waving their paddles in the air. So how are people able to keep up enough to actually make a bid? Knowing common auctioneer terms can be the key to success. Auction chant Known as “the chant,” auctioneers’ fast-talking styles date back to… Read more »
All About Auction Chant
Auctions can be exciting to attend, with the anticipation of who will be the highest bidder and the auctioneer talking a mile a minute. But have you ever wondered why they talk so fast? There’s more to it than you might think! Tradition Known as “the chant,” auctioneers’ fast-talking styles date back to the 1920s…. Read more »