Category: Auction Tips

‘Grease’ Costumes to Be Auctioned for Cancer Research

This iconic musical debuted in 1978 and became the highest-grossing musical film at that time. Grease is well known for its 1950’s style costumes and choregraphed dance numbers. Now, 41 years from its premiere, Olivia Newton-John’s classic looks will be up for auction the public. A portion of the proceeds from the auction will go… Read more »

900-Year-Old Chess Piece to be Auctioned in London

900-Year-Old Chess Piece to be Auctioned in London

Purchased for just a few dollars five decades earlier, this medieval chess piece is set to go on auction for over $1 million dollars. This item was discovered when a Scottish family took the game piece to Sotheby’s, a British American company specializing in decorative art, real estate, and jewelry auctions. Sotheby determined that this… 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 »

How to Score a Bargain at a Live Auction

Finding a Deal at an Auction

Live auctions can be both exciting, and intense. They’re incredibly fast-paced events, where auction-goers bid against one another in a format that can be dizzying if you’re new to it. But actually, live auctions are a great place to find a deal—it’s where the real value of an item can be appraised and debated. That’s… Read more »

How to Succeed at Buying Land at an Auction

Someone Bought Land through an Auction

A land auction offers one of the easiest ways to invest in property. The process is very straightforward, and every potential buyer is placed on a level playing field. Here are a few things to know in order to be successful at your next land auction! Research and be prepared Often, the team of real… Read more »

A Guide to Live Auction Etiquette

People putting up bids at an auction

Planning on attending a live auction but unsure of the proper etiquette? Read on for some helpful tips so that you’ll be ready to start bidding! Do: Bid for what you want Only bid for items you really want to win. Try not to get caught up in the excitement and bid on something you’re… 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 »

Common Auction Mistakes

Common Auction Mistakes

Advertising on social media In this day and age, you may be tempted to post photos and information about your items on social media ahead of your auction. But this can put the security of your items at risk, as people will be better able to find out where they are located. This can be… Read more »

Auctioneer Terms You’ll Want to Learn

Auctioneer Terms You’ll Want to Know

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 »