Category: Auction Facts

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 »

The Gun That Killed Vincent Van Gogh Is Up For Auction

Most famous for The Starry Night Vincent Van Gogh became a very influential figure in Western art. Although he was a very accomplished artist, he did not gain notoriety until his death in 1890. Van Gogh suffered from mental illness and died due to gunshot wounds from a  7mm pocket revolver. In 1888, after a… Read more »

The World’s Most Expensive Items Sold at Auction

Gavel with Money at an Auction

Items sold at auctions verge on the artistic, the fabulous, the rare, and the iconic. Some of the world’s most expensive items sold at auctions range from a balloon animal statue to an iconic dress worn by Marilyn Monroe. Take a look at what some people were willing to pay for the following items. “Portrait… Read more »

Bidder’s Choice: What Does it Mean?

Definition of Bidders Choice

Whether you’re a seasoned veteran or just a beginner, everyone can agree that the extensive vocabulary you hear at an auction can be a little overwhelming. Between the statement, the hammer and the rhythmic chant, there’s a lot to take in, but it’s “bidder’s choice” that quite possibly could be the most essential term you… Read more »

How to Possibly Get a Bargain at an Auction

How to Possibly Get a Bargain at an Auction

If you love shopping for the best deals, then you’re sure to enjoy attending an auction! There are all kinds of great deals to be had, from large properties to small trinkets. So what can you do to find the best bargains? Attend an auction preview Auction previews give you an opportunity to take a… Read more »

All About Auction Chant

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 »

Do You Know the History of Auctions?

History of Auctions

Did you know that auctions have been around for over 2,000 years? The practice of people gathering in groups and bidding to purchase different objects, whether it’s land, jewelry or homes, has been a part of our history for many generations. Ancient Greek records show evidence of auctions taking place as long ago as 500… Read more »

Exploring Different Auction Types

Exploring Different Auction Types

When you think about an auction, images of a fast-talking auctioneer standing on a stage in front of an audience raising bid paddles are likely to come to mind. But did you know that there are actually several different types of auctions? Absolute auction An absolute auction is the most common type of auction in… Read more »