Category: Auction Types

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 »

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 »