Article Categories
» Arts & Entertainment
» Automotive
» Business
» Careers & Jobs
» Education & Reference
» Finance
» Food & Drink
» Health & Fitness
» Home & Family
» Internet & Online Businesses
» Miscellaneous
» Self Improvement
» Shopping
» Society & News
» Sports & Recreation
» Technology
» Travel & Leisure
» Writing & Speaking

  Listed Article

  Category: Articles » Business » Article
 

Auction - May The Best Bidder Win




By Sintilia Miecevole

An auction means a public sale of properties or objects that are sold to the highest bidder. There are a whole lot of things that can be put to auction. There are auctions that are held under various categories such as antiques and art, automotive that include vintage cars, motorcycles, accessories, etc. The other popular items include clothing and accessories of film stars and sports stars, scripts of movies, sports goods. The jewellery auctions selling intricately designed precious jewels and gem jewellery are extremely popular.

There are auction houses where you can go and bid for the things of your liking. The auction houses have a calendar holding the sale on a particular theme. You need to submit details such as name, address, telephone number and banking or credit information as is specified by the salesroom where you are going to bid. A unique number, known as the Client Number, is going to be allotted to you. A paddle is a plastic card bearing a number that is registered at the auction. The paddle is raised to bid and the auctioneer calls out the paddle number of the successful bidder at the time of selling each lot. When the gavel falls the auctioneer announces the hammer price. The hammer price is the final bid price, which does not include a buyer's premium. The buyer's premium is the money that is paid separately by the buyer to the auction house. It is a percentage of the final bid price.

Sotheby's and Christies are two very famous auction houses. Samuel Baker founded Sotheby's in the year 1744. However, today this premier auction house has branches on the Manhattan's York Avenue and New Bond Street, London. The New York office was opened in the year 1955. In the year 1964 Sotheby's acquired the Parke-Bernet, which was the largest art auction house of America. This acquisition helped Sotheby's gain a sizable presence across America. James Christie founded Christies in the 18th century. A man having very charming demeanor, James Christie's clientele included the British royalty as well. The auctions of Christies include some 80 categories. Their sales rooms in America are at the Rockefeller Center, New York and North Camden Drive, Los Angeles.

Auctions these days are not just limited to the auction houses. There are lots of websites that are into the business of auctioning. You can list the products you want to auction and invite bidders. You can specify the time when the bid closes as well as other terms and conditions. You need to specify that shipping and the other supply costs are to be borne by the buyer.

Click on the item of your choice and get set bidding.
 
 
About the Author
Sintilia Miecevole, host of http://www.futurauction.com loves to go to auctions, just like you! Click on http://www.futurauction.com and find everything from bidding, buying, sales, software, sites to selling, wholesale, locations, tickets and much more. Enjoy an auction close to you!

Article Source: http://www.simplysearch4it.com/article/16817.html
 
If you wish to add the above article to your website or newsletters then please include the "Article Source: http://www.simplysearch4it.com/article/16817.html" as shown above and make it hyperlinked.



  Some other articles by Sintilia Miecevole
Home Employment Is The Dream Of Most Americans Today
Americans today have so many reasons to find at home mployment opportunities instead of working for corporate America in their strict 9 to 5 world. One of the most popular reasons people look ...

You Can Find Stunning Art Deco Jewelry
You can find a long history for Art Deco Jewelry. This style of jewelry can be dated back to the mid 1920s. This type of art was inspired by the "Exposition Internationales des Arts Decoratifs and Industriels ...

What Parents Should Know About Teens And Teasing At School
For most teens, going back to school means sharing classrooms and a building with many other students. Unfortunately some learners have to deal with inappropriate behavior such as teasing. Teasing is the act ...

Vitamins For Health
The word 'vitamin' has its root in 'vitamine' that means vital amine. Vitamins are powerful organic compounds found mainly in the food that we eat. Vitamins are essential for all human ...

Furniture Down The Ages
All the movable household articles of equipment fall under the category of furniture. Furniture can be made out of metal, plastic, wood, glass, or marble. Whether it is an ordinary pine ...

Of Stocks, Stockholders And Stock Market
A copper mining enterprise Stora Kopparberg first introduced the system of stock in the 13th century. The financial backers and owners felt the need to raise money for investment in the new ...

  
  Recent Articles
Record Management
by Ismael D. Tabije

Treasure Hunts
by John Tarr

What to Look for in Choosing IP Surveillance Software
by amit

Giving Your Business a Vision Others Can Envision
by Yvonne Weld

Productivity and Production Management
by Ismael D. Tabije

FDA Registration of Food Facilities
by Russell K. Statman

Why Businesses Today Fail - Part 1 Customer Service
by Jeffrey Solochek

Utilizing a Virtual Assistant is Just Good Business Sense
by Yvonne Weld

The Quest For An Auto Dealer
by Ashley Daniels

The Importance of Coaching
by Ashley Daniels

Finding The Right Business Investment
by Jason Sands

Commercial Flooring NY gives your office a professional look
by Stephen robins

Can't connect to database