auction houses
Sale by bids
Auction houses are businesses that conduct auctions—sales where goods go to the highest bidder.
Major auction houses like Christie's and Sotheby's handle fine art, antiques, and collectibles, while others specialize in real estate, livestock, or estate sales.
The term typically implies an established institution rather than a casual auctioneer: The painting sold at auction house prices.
- auctioneersPeople who conduct bidding sales
- Christie'sMajor art auction firm
- appraisalEstimation of worth
- provenanceRecord of ownership
- buyer's premiumPercentage added to winning bid
galleries · fair warning · valuation · hammer price · bid · opening bid · bidding wars · reserve · catalogue · Sotheby's · gavel · rare books · decorative arts · lot · historical artifacts · going · sold · knock-down
- book tradebook dealers, bookselling, bookseller, publisher, bookshops
- art worldartist, painter, painting, paintings, sculpture
- auctionsbidding, bid, bidder, hammer price, gavel
- livestockcow, cows, cattle, bull, bulls
- luxuryluxury, wealth, luxurious, opulent, opulence
- agribusinessagribusiness, farm, farms, corporate farms, factory farming
auction housesdepartment stores
Large retailers with varied sections
big-box stores · retail chains · boutiques · showrooms · supermarkets
auction housesflea markets
Outdoor secondhand sales
garage sales · yard sales · discount stores · dollar stores · thrift stores
house, household, housing, houses, auction, housekeeper, auctions, housemate, housekeeping