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Elberton, Georgia - Auctions search results Premier Listings

Types of Auctions and Their Terminology

The auction is an old and unique method of making a purchase. Whether you attend an auction in person or participate in one online, the goal is to make the highest bid for the item you desire without paying more than you can afford. With the proliferation of online auctions, everything can be found on the block, from choice real estate to a collectible penny. Economists laud auctions for helping to create near perfect price discrimination.

  • Online Auctions - These auctions are a recent phenomenon. The public can log onto a specific website and bid on items ranging from houses to auto parts. The auction usually has a strict time limit. At the end of time, the website will distribute the item to the highest bidder.
  • Government Auctions - Government or Municipalities auctions raise money by selling off Repo goods at these specialized auctions. Often, a house or a boat that has been taking by the IRS will be sold at a greatly reduced price to the public. When IRS workers come around to collect property from tax dodgers, this is where that property ends up.
  • Charity Auctions - Nonprofit organizations raise money by auctioning off donated goods. Charity auctions for small organizations may include only minor equipment, however the larger NGOs and NPOs may auction off cars and Antiques.
  • Penny Auctions - These specialized auctions are gaining popularity due to an increase in copper speculation. Older pennies have a higher copper content. You can buy them by the sackful online and watch the price of copper slowly creep up.
  • Auto Auctions - These markets are the best way to find rare or refurbished cars unavailable on the mass market. Collectors and auto mechanics sell their most valuable vehicles through auctions to make the highest return.
    National Auctioneers Association
    Overland Park, KS 66214
    Our association is the most committed providing our members with vital resources and professional development services. Make sure you have a membership to our auction association today!
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    Lakelands Auction Services
    5902 Hwy. 25 North, Hodges, SC 29653
    A full service auction company providing quality asset liquidation in estates, antiques, coins, firearms, equipment and businesses.
    (864) 374-7772
    Poinsett Auctions and Realty
    57 Smith Tractor Rd, Travelers Rest, SC 29690
    Discover beautiful antiques and more rare items at Poinsett Auction & Realty. Based in Travelers Rest, SC, we hold estate auctions on-site and online.
    (864) 626-4542
    Taylor Made Resale & Auction LLC
    30 Clyde Barrett Rd, Dahlonega, GA 30533
    (2) Reviews Write a review
    (706) 867-8160
    User Review: "Owner was very helpful and friendly. Store was loaded with great priced merchandise. Will return on next trip to dahlonega." - Kim (GA)
    Christian Auction and Equipment Sales
    3223 Calhoun Falls Hwy, Elberton, GA 30635
    (706) 213-1835
    Sunshine Services & Auction LLC
    109 New St, Abbeville, SC 29620
    (864) 366-5895
    South Pole Auction Co
    329 E Shockley Ferry Rd, Anderson, SC 29624
    (864) 231-0880
    Piche Auction & Realty LLC
    66 General Daniel Ave S, Danielsville, GA 30633
    (706) 795-5111
    Ethridge Jeff Auctions & Equipment Sales
    115 Coach Rd, Lavonia, GA 30553
    (706) 356-8354
    J R Auctions
    365 Sewell Rd, Lavonia, GA 30553
    (706) 356-0577
    Bidder's Buy Auction House
    1459 Hargrove Lake Rd, Winterville, GA 30683
    (706) 742-2205
    Norris Auction Company
    4913 Us Highway 221 S, Bradley, SC 29819
    (864) 746-5332
    Northeast Georgia Livestock Auction Barn Inc
    1200 Winterville Rd, Athens, GA 30605
    (706) 549-4790
    Union Point Auction Co
    4761 Lamb Ave, Union Point, GA 30669
    (706) 486-2094
    Down Homes Auction and Consignment
    313 Beaverdam Rd, Williamston, SC 29697
    (864) 841-2223
    Dodgen Hilton L Auction & Realty
    2720 Highway 25 S, Greenwood, SC 29646
    (864) 227-8777

    Auctions are public events that allow people to bid on anything from houses, to antiques, to school memorabilia, to vintage coin and stamp collections. These events are sometimes large and sometimes small. An auction can be held by the government or it can be held by an estate or property owner. While auctions allow individuals and families to sell off cars, art pieces, home furnishings, and computer equipment, they also allow people to buy all sorts of items at lower rates. In this day and age, public auctions are not merely held at a house, estate, local site or large building. Now there are plenty of online auctions that sell overstock goods, home surplus items and vintage antiques. It is important to determine whether or not each item has a reserve price. This way you can decide if you want to buyout other bidders before the time runs out. On a separate note, there are also silent auctions that are held in public venues. Often these events are for high-end goods, antique jewelry, expensive artwork, and rare coin collections. Just keep in mind that once you place a bid, you cannot back out. Use the World Wide Web to learn more about auction house locations, government held events, online bidding, and residential home property for sale. This way you can focus on the type of auction you would be most interested in. You will likely discover that there are public auctions being held in your area and online all the time.
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