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  2. Unusual eBay listings - Wikipedia

    en.wikipedia.org/wiki/Unusual_eBay_listings

    The price had risen to $3,000 before eBay closed the auction. [8] [9] In May 2006, the remains of U.S. Fort Montgomery, a stone fortification in upstate New York built in 1844, were put up for auction on eBay. The first auction ended on June 5, 2006, with a winning bid of US$5,000,310.

  3. Racing slick - Wikipedia

    en.wikipedia.org/wiki/Racing_slick

    The first drag racing slick was developed by M&H Tires (Marvin & Harry Tires) in the early 1950s. It was the only company in the world that produced and sold original drag racing tyres. Drag racing slicks vary in size, from slicks used on motorcycles to very wide ones used on "top fuel" dragsters.

  4. 10 of the Most Expensive Items Ever Sold on eBay

    www.aol.com/10-most-expensive-items-ever...

    Luxury Is Calling. One man’s trash is very often another man’s treasure on eBay, which has been selling head-scratching items since 1995. But eBay is a place for a lot more than just cheap ...

  5. eBay - Wikipedia

    en.wikipedia.org/wiki/EBay

    eBay office in Toronto, Canada. eBay Inc. (/ ˈ iː b eɪ / EE-bay, often stylized as ebay or Ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide.

  6. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    The largest consumer-to-consumer online auction site is eBay, which researchers suggest is popular because it is a convenient, efficient, and effective method for buying and selling goods. [ 6 ] Despite the benefits of online auctions, the anonymity of the internet, the large market, and the ease of access makes online auction fraud easier than ...

  7. Proxy bid - Wikipedia

    en.wikipedia.org/wiki/Proxy_bid

    Proxy bidding is an implementation of an English second-price auction used on eBay, in which the winning bidder pays the price of the second-highest bid plus a defined increment. It differs from a Vickrey auction in that bids are not sealed; the "current highest bid" (defined as second-highest bid plus bid increment) is always displayed.

  8. Winner's curse - Wikipedia

    en.wikipedia.org/wiki/Winner's_curse

    Savvy bidders will avoid the winner's curse by bid shading, or placing a bid that is below their ex ante estimation of the value of the item for sale—but equal to their ex post belief about the value of the item, given that they win the auction. The key point is that winning the auction is bad news about the value of the item for the winner ...

  9. Auction - Wikipedia

    en.wikipedia.org/wiki/Auction

    If the reserve is not reached this should be clearly declared. In South Africa, auctioneers can use their staff or any bidder to raise the price as long as it is disclosed before the auction sale. Rael Levitt's companies The Auction Alliance controversy focused on vendor bidding and led to its downfall in 2012. [141] [142]

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