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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 ...
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 ...
The GreatCollections.com website launched in late 2010, facilitating the sale and purchase of coins and paper money in online auctions. [6] It has since become well known for auctioning rare examples of American currency, [7] [8] such as the Cigarra Collection, [9] and a collection of Indian Head nickels that sold for over $500,000. [10]
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Price on eBay: $16,000 This vintage porcelain doll, which stands 21 inches tall, was manufactured in Germany but is dressed in French attire. Made by Jumeau, one of the most iconic porcelain doll ...
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 ...
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