auctioning
Selling by bids
Auctioning is the act of selling something through an auction—a public sale where buyers compete by offering progressively higher bids.
The item goes to the highest bidder: They're auctioning off the estate's furniture next week.
Governments auction spectrum licenses; collectors auction rare coins; charities hold silent auctions for donated goods.
Offering prices or obeying
- lotLarge amount or portion
- hammerTool for striking nails
- gavelSmall ceremonial hammer
- reserveSupply kept back
paddle · increment · consignment · cataloguing · valuation · estimate · commission · buyer's premium
Estimation of worth
- catalogingSystematic organization into records
- viewingAct of watching something
- registrationFormal recording of participation
- opening priceFirst quoted market value
competitive bidding · outbidding · proxy · reserve price · hammer price · final bid · settlement · provenance
Valuable old items
- artworkVisual creative production
- collectiblesItems people amass
- jewelryOrnamental personal accessories
- furnitureMovable room objects
vehicles · livestock · property · wine · memorabilia · coins · stamps · rare books
Major fine art auctioneer
- Christie'sMajor art auction firm
- PhillipsCross-slotted fastener system
- estate saleLiquidation of household contents
- livestock marketVenue for selling farm animals
fish market · salesroom · fairground · stockyard · online platform · eBay · barn sale · foreclosure sale
bidding
Offering prices or obeying
reserve · paddle · increment · consignment · cataloguing · valuation · estimate · commission · buyer's premium · opening bid
appraisal
Estimation of worth
- catalogingSystematic organization into records
- viewingAct of watching something
- registrationFormal recording of participation
opening price · competitive bidding · outbidding · proxy · reserve price · hammer price · final bid · settlement · provenance · authentication
antiques
Valuable old items
- artworkVisual creative production
- collectiblesItems people amass
- jewelryOrnamental personal accessories
furniture · vehicles · livestock · property · wine · memorabilia · coins · stamps · rare books · manuscripts
Sotheby's
Major fine art auctioneer
- Christie'sMajor art auction firm
- PhillipsCross-slotted fastener system
- estate saleLiquidation of household contents
livestock market · fish market · salesroom · fairground · stockyard · online platform · eBay · barn sale · foreclosure sale · courthouse steps
sealed bid
Concealed price submission
- liquidationSelling assets for cash
- home activitiescleaning, cooking, sleeping, bathing, eating
- valuingvaluing, appreciating, cherishing, treasuring, prizing
- carbon marketscarbon trading, emissions trading, carbon credits, carbon offsets, allowances
auctioningbuying
Obtaining through payment
purchasing · acquiring · procuring · obtaining · snapping up
auctioningretail selling
Commerce with individual consumers
wholesaling · direct selling · tagging · pricing · haggling
auctioningcollecting
Gathering items over time
accumulating · amassing · hoarding · stockpiling · keeping
- auctioning offSelling to highest bidder
auction, auctions, auctioneer, auctioned, auctioneers, auction house, auction off