Summary
For more than 2,000 years, the auction industry really didn't change much.
An auctioneer - a person who was one part showman and two parts marketing genius - would display at item and then, using the verbal agility of a veteran sportscaster, work to establish the highest possible price for that item.See the full content of this document
Extract
Online Auctions Put Twist On Tradition
It didn't matter what was being sold - arts, household goods, animals or stocks and bonds - a good auctioneer could quickly establish exactly what the market would pay for any given item.
That industry standard hadn't c...See the full content of this document
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