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An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the winning bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange. There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s).History of the auction · Types of auction · Time requirements · Auctions ...

Auctions and auction related directory. Site lists auction events, auctioneers, auction companies, online auctions and other sites where you can bid or sell items. Categories ...