auction lot
Sale catalog entry
An auction lot is a single item or group of items offered as one unit in an auction.
Bidders compete for each lot separately, and the lot goes to the highest bidder.
A lot might be a single painting, a collection of books, or an entire estate's contents bundled together: Lot 47 is a set of Victorian silverware.
- biddingOffering prices or obeying
- opening bidFirst price proposed
- going onceAuctioneer's initial announcement
- hammerTool for striking nails
- gavelSmall ceremonial hammer
consignment · reserve · estimate · starting price · fair market value · catalog · paddle · sold · sold sign · collectible · antique · estate · parcel · item · buyer · buyer's premium · seller · appraisal
- auctionsbidding, bid, bidder, hammer price, gavel
- collectiblesbaseball cards, commemorative stamps, rare coins, mementos, rare stamps