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The first auction ended on June 5, 2006, with a winning bid of US$5,000,310. However, the sale was not completed, and the fort and lands surrounding it remain for sale and have been relisted on the site several times since. [10] [11] In October 2008, amidst the 2008–2011 Icelandic financial crisis, one seller put up Iceland for sale. The ...
In October 2013, an 18-year-old Siberian woman calling herself "Shatuniha" posted an auction for her virginity on a Russian auction site. As of early November it was reported that she had received a bid for 900,000 rubles (about US$27,700), and that local police in Krasnoyarsk said no laws would be violated. At least one report stated that the ...
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 ...
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 ...
PARIS — The live sales of Hubert de Givenchy’s estate raised more than 114 million euros, more than double the presale low estimate of the collection, making it the second most valuable ...
PARIS — The sale of Hubert de Givenchy’s estate at Christie’s in Paris next week reflects the exacting eye of the designer known as the ambassador for French taste, as the house he founded ...
The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction. This price is the aggregate of the hammer price (i.e., the winning bid or sale price at the auction) plus any buyer's premium paid to the auction houses (where levied, and in accordance with the ...
Each of the bids increases the price of the item by a small amount, such as one penny (0.01 USD, 1¢, or 0.01 GBP, 1p; hence the name of the auction), and extends the time of the auction by a few seconds. Bid prices vary by site and quantity purchased at a time, but generally cost 10–150 times the price of the bidding increment.