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Evansville, Indiana - 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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    William Wilson Auction-Realty Inc
    123 Nw 4th St Ste 2, Evansville, IN 47708
    (812) 434-6716
    Curran Miller Auction Realty Inc
    1005 E Walnut St, Evansville, IN 47714
    (812) 474-6100
    Kurtz Auction and Realty Co
    1227 Lincoln Ave, Evansville, IN 47714
    (812) 452-3191
    1st Choice Moving by Jenkins
    320 N Main St, Evansville, IN 47711
    (812) 484-0885
    DO IT Again Consignments
    5414 E Morgan Ave, Evansville, IN 47715
    (812) 402-3000
    Baker Auction & Realty LLC
    501 N Weinbach Ave, Evansville, IN 47711
    (812) 491-6247
    Ralph Smith Auction Realty
    3209 Kratzville Rd, Evansville, IN 47710
    (812) 422-6586
    Herron Auction Realty & Appraisals
    2119 Us Highway 41 N, Henderson, KY 42420
    (270) 826-6216
    Evansville Auction Company
    4066 Secretariat Dr, Newburgh, IN 47630
    (812) 858-2899
    Sollman Auction & Realty Co
    1903 E State Road 68, Haubstadt, IN 47639
    (812) 768-5621
    Dimmett Auction Service
    1444 N White Rd, Boonville, IN 47601
    (812) 897-1747
    Kurtz Auction & Realty
    305 Frederica St, Owensboro, KY 42301
    (270) 926-8553
    Hill's Auto & Truck Sales
    2573 N State Road 257, Otwell, IN 47564
    (812) 354-2419
    Auction Company The
    1230 N Sapphire Dr, Jasper, IN 47546
    (812) 482-1059
    F C Tucker Emge Auction Services
    621 Main St, Vincennes, IN 47591
    (812) 882-4444

    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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