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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. 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.

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

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

   1. Gigayacht. Sold for: $168 million Roman Abramovich, a Russian billionaire, must have been staring at an empty dock for a while now, because the 168 milly he shelled out for a 400-foot yacht is ...

5. 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.

6. eBay - Wikipedia

   en.wikipedia.org/wiki/EBay

   Auctions were held annually in 21 years between 2000 and 2022, with no auctions in 2020 and 2021 due to the COVID-19 pandemic. In total, auctions on eBay for lunch with Buffett raised $53.2 million for the Glide Foundation, with winning bids ranging from $2 million to as high as $19 million for the final auction in 2022.

7. Online auction - Wikipedia

   en.wikipedia.org/wiki/Online_auction

   An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.

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

   In contrast, if the seller does not announce the reserve price before the sale, it is a secret reserve price auction. [64] However, potential bidders may be able to deduce an approximate reserve price, if one exists at all, from any estimate given in advance by the auction house. The reserve price may be fixed or discretionary. In the latter ...