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As Adam Kirsch, writing for Harvard magazine in 2001, notes, "It is surprisingly easy, even today, to find a complete set of the Harvard Classics in good condition. At least one is usually for sale on eBay, the Internet auction site, for $300 or so, a bargain at $6 a book.
Auctioneers and sellers would post notices describing items for sale, minimum bids, and closing times. [8] As the popularity of online auctions grew, websites dedicated to the practice began to appear in 1995 when two auction sites were founded. [9] The first online auction site was Onsale.com, founded by Jerry Kaplan in May 1995. [10]
An early record was achieved in the 1880s for the sale of the Philadelphia Post Office building for $425,000, then a record for a piece of real estate at auction. [5] Through the 1990s, Freeman's was driven by high volume. The house would sell 50,000 lots a year, at an average of $110 per lot, and make $5.5 million.
Demand improved for five-year notes in the U.S. Treasury's $61 billion auction on Wednesday as the market scrutinized the appetite for the latest government debt offerings in the wake of volatile ...
A high-profile European rabbi is livid that Adolf HItler’s handwritten speech notes were auctioned. While Munich’s Hermann Historica auction house defended selling off the papers, Jewish ...
Treasury notes (T-notes) have maturities of 2, 3, 5, 7, or 10 years, have a coupon payment every six months, and are sold in increments of $100. T-note prices are quoted on the secondary market as a percentage of the par value in thirty-seconds of a dollar. Ordinary Treasury notes pay a fixed interest rate that is set at auction.
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A common example is an online auction, in which a consumer posts an item for sale and other consumers bid to purchase it; the third party generally charges a flat fee or commission. The sites are only intermediaries, just there to match consumers. They do not have to check the quality of the products being offered.
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