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Silent auction bids are being accepted now.
In such an auction, bids are accepted starting with the highest and moving down until all available shares are sold.
Francis Bacon works attract some of the highest auction bids, with Three Studies of Lucian Freud selling for $142m£89m9m) in 2013, far more than its $85m estimate.
The Treasury Department said today that it had uncovered $410 million in bogus auction bids placed over the Internet for next week's auction of two-year notes.
The technology allows businesses to automatically notify customers if their orders have changed, their auction bids have been trumped, or their flights have been canceled.
Collectors worldwide have shown an increased interest in buying art online, with Internet bids accounting for a quarter of auction bids at Christie's International, according to a Businessweek article published last month.
Similar(38)
Over the last year, she was the auctioneer for Green Auction: Bid to Save the Earth; Joyful Heart Foundation; United Way of New York City; and Joyce Theater SoHo.
Auction bidding was electronic, facilitated by a squad of "bidding valets" sporting illuminated hats and iPads, and auction participants tracked bids on large screens.
And according to several people involved with the auction, bidding prices have been lower than expected.
Here he is at a Florida auction, bidding hundreds of dollars for a plate of mangoes.
Per pair, the entry fee was $750, and the minimum auction bid $1,000.
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