Trends appear in US online auctions
Series: Antiques Trade Gazette ; (1524) 2 February 2002, 3(1)Publication details: 2002Subject(s): Summary: A survey of US auctioneers reveals firm trends starting to appear in online auctions. Most of the auctioneers agreed that access to Internet facilities had increased interest, and bidding and as a result prices were better. The worst problem voiced, seemed to be non-payment. One auctioneer estimated he had lost $1000 on every sale conducted via the Internet so far. The overall picture is that the US is developing a workable Internet bidding service.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3804-10 (Browse shelf(Opens below)) | 1 | Available | 116542-1001 |
A survey of US auctioneers reveals firm trends starting to appear in online auctions. Most of the auctioneers agreed that access to Internet facilities had increased interest, and bidding and as a result prices were better. The worst problem voiced, seemed to be non-payment. One auctioneer estimated he had lost $1000 on every sale conducted via the Internet so far. The overall picture is that the US is developing a workable Internet bidding service.