Scholars and researchers have traced the earliest auctions back to 500 B.C. As opposed to auctioning jewels or art work, back then, it was women who were auctioned off as wives. Instead of prices going higher as the auction progressed, which is the customary practice nowadays, the auction prices descended (highest bids for beauty, of course). If a man was not happy with his purchase, he could return his woman.
Auctions came to America in the 1600s and have evolved to what they are in modern terms; the sale of goods or services, which can include anything from livestock to real estate to automobiles to antiques, and everything in between. Today, online auctions and websites, like OpenLane, are aplenty and offer user friendly, up to the minute sites and sources to help you bid.
Originally a popular source for auto sales, online auctions are now a growing platform for other goods, too. For example, Ove, OpenLane, SmartAuction, insurance auto auctions, and GSA auctions (the latter of which are online auctions of forfeited, surplus, or the sale of Federal personal property), offer many things from agricultural equipment to real estate. The allure of online auction websites such as OpenLane is the convenience it offers of linking buyers and sellers within a platform that is fast, efficient, and offers 24 hours a day, seven days a week services. OpenLane has a user interface that is not only easy to use, but permits you to search for very specific criteria. In addition to OpenLane, Manheim also is an effective source to find the auctions that meet your needs. For more information see this: www.awgremarketing.com