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Surplus Record. Surplus Record is the leading independent business directory of surplus, new, and used machine tools, machinery, and industrial equipment in the United States. It was founded in 1924 by Thomas P. Scanlan . The monthly directory, which is hundreds of pages long, has been referred to as "the bible of the used and surplus capital ...
The brothers began conducting auctions more regularly and in 1958 incorporated Ritchie Bros. Auction Galleries Ltd. to formalize their new business. [4]: 17 Ritchie Bros. began selling used equipment in the 1960s. In 1963 Dave Ritchie moved to Vancouver, B.C. and rented an auction site on S.E. Marine Drive. He set up the company's first ...
MyPillow is auctioning off hundreds of pieces of equipment and subleasing some manufacturing spaces amid what founder and CEO Mike Lindell calls “a massive, massive cancellation.” Lindell, in ...
Private electronic market. Software. v. t. e. A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [ 1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to ...
Software. v. t. e. 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. [ 4]
e. Auction sniping (also called bid sniping) is the practice, in a timed online auction, of placing a bid likely to exceed the current highest bid (which may be hidden) as late as possible—usually seconds before the end of the auction—giving other bidders no time to outbid the sniper. This can be done either manually or by software on the ...
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RR Auction is an auction house established in 1976 by Bob Eaton. The company headquarters is in Boston with a production office based in Amherst, New Hampshire. [1] The company is known for its monthly auctions of historical documents, manuscripts, autographs, artifacts, sports collectibles, spaceflight memorabilia, presidential items and more. [2]
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