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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.
However, online auction sites, unlike live auctions, usually have an automatic bidding system which allows a bidder to enter their maximum acceptable bid. This is a hidden or proxy bid, known to the system, but not any other bidders; during the auction the actual bid is incremented only enough to beat the existing highest bid. For example, if ...
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.
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Sarasota experienced a surge of growth during the 1950s as part of the post-World War II economic boom. New subdivisions were created in areas surrounding Sarasota, such as Kensington Park that contained 1,400 lots located to the northeast of Sarasota and Southgate to Sarasota's south that covered 1,240 acres. [55]
Doughnut lovers beware! There was recently a doughnut shortage at several Dunkin’ locations in Nebraska, according to reports.. Store locations in Omaha, Lincoln and Grand Island did not have ...