ring bidding, which is the practice of bidding on one's own object in an effort to increase competition, is illegal. Some countries also forbid chandelier bidding, which involves an auctioneer calling out false bids at crucial times in the bidding in order to create the appearance of greater...
The auction is managed by an auctioneer, someone who keeps an eye on the bidding and determines the ultimate winner. In some cases, the seller may set a minimum bid, ensuring that the item will not sell below a certain price. Famous auction houses like Sotheby's specialize in this type ...
A sealed bid auction, for example, is an auction in which people submit secret bids, while in a Dutch auction, the auctioneer starts at a high price and decreases it until somebody agrees to buy the item for that price. An absolute auction is the "classic" type of auction where the ...
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An auction is an event in which property or goods are sold to the highest bidder. Most of the time, an auction is open to the...
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"Knock down" often has broader applications, including metaphorical uses, while "knock over" is generally more literal and specific to physical actions. 2 What does it mean when an auctioneer says "knocked down"? It means an item has been sold, typically at a reduced price. Can "knock down...
Because ot its poor quality, it received little attention.When it was time for the auction, the auctioneer gaveled(敲槌) the crowd to attention. First the yer read from Fitzgerald's will that the first art work to be auctioned was the painting of his son.The poor-quality painting didn'...
Auctions usually work in the same way:someone has something to offer but does not want to search for buyers.He approaches an auction house and offer the article to be auctioned.Part of the money gained through the auction goes to the auctioneer.Anyone who is intereseted at the item will bi...
Robin Brown Auctioneer Mike Moyer Large Man at Auction Darra Herman Auction BidderDirector Sam Weisman Writers Donald E. Westlake Matthew Chapman All cast & crew Production, box office & more at IMDbProUser reviews93 Review Featured review6/10 It's just plain funny ! Just the name Martin ...