auction house

Gavel-wielding establishment

An auction house is a business that organizes and conducts auctions, taking items on consignment and selling them to the highest bidder.

Major auction houses like Christie's and Sotheby's handle fine art, antiques, and collectibles, while others specialize in estates, livestock, or industrial equipment.

The house typically takes a commission from both buyer and seller.

bidding

paddle

Flat-bladed water tool

  • gavelSmall ceremonial hammer
  • lotLarge amount or portion
  • reserveSupply kept back

hammer price · increment · bidder · proxy · outbid · estimate · opening bid · going once · going twice · sold

antiques

furniture

Movable room objects

Victorian · heirloom · rarities · ephemera · timepieces · silverware · tapestries · chandeliers · jewelry · decanters

heritage

provenance

Record of ownership

conservation · restoration · ancestry · lineage · archives · patrimony · custodianship · repatriation · looted art · restitution

art

gallery

Space for displaying artwork

Old Masters · contemporary · impressionism · modernism · curator · canvas · portraiture · landscape · abstract · realism

valuables

gemstones

Polished ornamental minerals

  • jewelryOrnamental personal accessories
  • goldElement seventy-nine
  • diamondsPrecious crystallized carbon

watches · luxury · precious · numismatics · philately · wine · handbags · automobiles · memorabilia · Fabergé

Categories
Opposites
pricing mechanism

auction housedepartment store

Large multi-section retail establishment

supermarket · boutique · retail store · retail shop · big-box store

sales direction

auction housebuyer

One who acquires things

purchasing agent · museum collection · private collector · wholesale buyer · pawnshop

market exclusivity

auction houseflea market

Outdoor secondhand goods venue

dollar store · thrift store · garage sale · Walmart · discount store

Family

house, household, auction, housekeeper, auctions, auctioneer, auctioning, auctioned, auction houses

Familiarity
Top 100,000
Profile
Known to kids · Used worldwide · Timeless · Concrete · Everyday, not technical · Rated G