If you’ve ever been to an auction and lost out on items, you might have just been bidding on the wrong lots. Many items are affordable, unique, and easy to obtain at auctions! These include collectible antiques like glassware and coins, as well as useful items like tools, cars, and equipment. Here are some of the most common items you’ll find that you can actually win at an auction!

You will usually find two different types of auctions: a collective or a disposal. Collective auctions create lots—or auction items—from several suppliers or vendors. Disposal auctions usually come from a single person or estate to pay debts, finalize foreclosure, or to simply clear space. 

Auctioneering has existed for much longer than any single location to sell popular goods. We call it “auction,” which comes from the Latin “auctus,” meaning “increasing,” but the process likely has had many names before that. 

Many collectors of fine art expect that their artwork holds value higher than the price they originally paid. However, how do you know if you own valuable art or a mass-produced piece? Some of the questions you can ask to determine this include: 

Attending auctions is one of the most exciting ways to find new art for your collection. While you may discover interesting pieces at estate sales or galleries, artwork auctions provide you with the opportunity to get your hands on a rare piece of high value at a reasonable price tag. Before attending auction houses or throwing your hat into the online-only auction ring, understanding what to look for in artwork up for bid can help you find pieces worth adding to your collection. Know how to tell if the art at auctions merits competitive bidding with this short guide. 

There are a lot of misconceptions about what someone who has lost their property to foreclosure goes through. In the public’s eye, these people have been kicked out on the street with nothing and completely ruined by debt. This simply isn’t true. The actual process is very similar to bankruptcy auctions, though there are some crucial differences to make sure you understand.

The auction market has evolved significantly in recent years, taking advantage of new technology to keep buyers and sellers around the world informed about what is happening in real-time. One major change has been that auctions are no longer limited to local events; instead, they are used by all types of buyers, many of whom never leave their homes. This allows them to be part of the market and make buying decisions on livestock.

There are many questions when it comes to preparing for an auction. Whether you are going to be attending one, selling items, or hosting the auction, there are steps you should take to prepare for the auction. 

If you frequent auctions, you know how vital it is to understand the condition of items. You may also know that this and other factors (like provenance, age, and rarity) will affect the value of the item up for bid. Knowing the following factors can help you value items like an appraiser!

Online auctions have become extremely popular across the world. These events offer everything from old collectibles to heavy equipment to used books and more. Similar to traditional auctions, online auctions can be fun and help you save money on your purchases. If you have never participated in one of these events, you may wonder how long they can take.