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  2. List of most expensive cars sold at auction - Wikipedia

    en.wikipedia.org/wiki/List_of_most_expensive...

    On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction, at the time a world record. [ 2] The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a ...

  3. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    Private electronic market. Software. v. t. e. An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1][ 2][ 3] Similar to in-person auctions, online auctions come in a variety of types, with different bidding and selling rules. [ 4]

  4. Mecum Auctions - Wikipedia

    en.wikipedia.org/wiki/Mecum_Auctions

    Mecum Auctions, Inc. is an American auction company specializing in collector cars. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois. Since 2011, it has been headquartered in Walworth, Wisconsin. The company hosts various auction events across the United States. Television coverage began in 2008, contributing ...

  5. Auction sniping - Wikipedia

    en.wikipedia.org/wiki/Auction_sniping

    Auctions. Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper. This can be done either manually or by software ...

  6. DealDash - Wikipedia

    en.wikipedia.org/wiki/DealDash

    DealDash is a bidding fee auction website. It was founded in 2009, and is headquartered in Minneapolis, Minnesota, United States. [ 1][ 2][ 3] Users buy "bids", which are credits priced at 13 cents each, which increase the listed price of the item by 1 cent. If no user places a bid after the previous bid, by a time specified (9 seconds as of ...

  7. First-price sealed-bid auction - Wikipedia

    en.wikipedia.org/wiki/First-price_sealed-bid_auction

    A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2] : p2 [3]

  8. Online travel auction - Wikipedia

    en.wikipedia.org/wiki/Online_travel_auction

    The term online travel auction is a system of buying and selling travel products and services online by offering them up for auction and then awarding the item to the highest bidder. [1] The need for travel auctions emanated principally due to the high cost of travel. This high cost is also what led to the growth in popularity of low-cost ...

  9. Real-time bidding - Wikipedia

    en.wikipedia.org/wiki/Real-time_bidding

    Real-time bidding. Real-time bidding ( RTB) is a means by which advertising inventory is bought and sold on a per- impression basis, via instantaneous programmatic auction, similar to financial markets. With real-time bidding, advertising buyers bid on an impression and, if the bid is won, the buyer's ad is instantly displayed on the publisher ...

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