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eBay Auction Bidding Strategies--Overcoming the most Frustrating Situation on eBay


The Problem...

It's happened to the best of us.

You've been watching the auction all week, and finally you're about to claim your prize--a rare bronze statue from the Qing Dynasty. Or something just as tantalizing.

You log on a few minutes before the auction closes, and confirm that you're still the top bidder -- no one has challenged you in several days. You're already picturing "your" statue prominently displayed on the living room mantelpiece, your friends green with envy as you tell them about the great deal you got on eBay. You refresh the page a few times, to make sure you're still number 1. You even up your bid a little just to make sure no body tries to outbid you at the last minute.

50 seconds to go...30...10...the auction has ended and the statue is yours!! You refresh the page for the last time so you can see your eBay ID announced as the winning bidder. And that's when your heart drops to your toes. It's not your eBay ID at all, but some joker who calls themselves "SpeedyFingers123".

How could this have happened?

You were the winning bidder with only 10 seconds to go!! Speedy or not, it just doesn't seem humanly possible.

Well, you're right. No one is that fast. SpeedyFingers123 (I made that one up, so if it's your actual eBay ID, please don't sue me!) won the auction in the final 4 seconds. It isn't humanly possible because "speedy" didn't actually place the bid. The bid was place on his or her behalf, from a remote server, using something called Bidding Software.

You've Been Sniped!

The act of placing a bid during the final seconds of an online auction is called "Sniping" and it's perfectly legal on eBay. Bidding wars and sniping are an eBay sellers dream and a buyer's nightmare. Why, you're asking yourself, don't these people just use eBay's trusty proxy bidding process? Why not just discreetly enter the maximum they're willing to pay at the beginning of the auction, then let the cards fall where they may? Well, for a couple of reasons. First, it's not human nature. If all you have to do is outbid the next guy by fifty cents or even five dollars to win, wouldn't you?

Second, it doesn't make economic or strategic sense to place a bid anytime before the last five minutes of an auction.

Think about it. eBay encourages bidders to use the proxy system and place bids early. What this means is that an inexperienced bidder who wants an item will want to be the highest bidder right away, and will keep upping their bid to hold that winning position. They'll only stop when the bidding exceeds their budget. Then the next guy comes along and continues the process. If this starts at the beginning of a seven or ten day auction, and ends with a bidding war in the last 10 minutes, the final price for the item can spiral out of control. Many items sell for far more than fair market value because people get caught up in "bidding fever" -- all they want is to WIN, they're not even thinking about whether the price is realistic.

What to Do?

A better strategy would be for everyone to "watch" the auction until the very end. Again, there's two good reasons. One, the price doesn't spiral up as just illustrated. Two, the auction has zero bids, so it attracts fewer bidders-- less competition. It's a fact that once an auction has at least 1 bid, it becomes a magnet for additional bidders. Shoppers scanning an auction page tend to jump to the ones with bids, figuring there must be something that attracted other bidders. The more bids, the more interesting the item looks.

Wouldn't it be great if a seller started a two carat diamond ring at $0.99 and no one bid until the last five minutes, and they all bid in fifty cent increments? Someone might win the ring for just a few bucks!! Of course, that never happens, but it would be the ideal situation for a buyer-- and it would put eBay out of business in a hurry. eBay encourages early bidding and smiles upon the snipers of the world. eBay makes their profits on listing fees and "final value" fees. The more the item sells for the higher the "final value". This makes eBay very happy. That's why you'll never find any tutorials anywhere on eBay telling you to wait until the end of an auction to bid.

The Solution...

OK, so now that we understand the benefits of sniping, lets get back to our friend "SpeedyFingers123". Speedy probably started out in life just like I did. She learned everything she knew about eBay from eBay and never realized there was such a thing as bidding software. Never knew a computer could do your sniping automatically, bid on your behalf in the last 2 to 8 seconds of an auction, and do it while you're asleep. With sniping software, you tell the software program which auctions you're interested in and how much you're willing to pay. eBay never knows you've seen the auction until your friendly sniping service swoops in and places your bid with only seconds to spare. Neither does your competition. They never see you coming. The only way you can lose is if someone else uses the same program sets their maximum bid higher than yours.

(Yes, my friend, you can still lose. There's no guarantee of winning an auction no matter what system you use, if someone else is willing to pay more. If you set your maximum bid at a million dollars for a hunk of Elvis' belly button lint and some nut is willing to pay a million ten, you're still going to lose!)

"Bidding Fever" Cured

Let's face it, there IS a positive side to losing an auction. It's the satisfaction of knowing that you didn't lose your head and spend more than you could afford!! Trust me, I've been there, done that, and come to regret it. With sniping programs, you can "set it and forget it" and walk away knowing that if you don't win, you couldn't have afforded it anyway.

What's that I hear you saying? "But I could have had it if I'd just upped my bid by another fifty cents!" Hey, did you listen to anything I just said? Do you want to drive yourself nuts? It's only stuff, after all. You can't take it with you, and there will always be more. The beauty of eBay is that there will probably be another just like it, or at least something just as fabulous.

You're in Control

There's another big advantage to using bidding software. Two things, actually. First, sniping programs allow you to do something called "contingency bidding". Suppose you're interested in several very similar items and you want to win at least one of them but not all. Provided they're not all ending at the same time, you can create a contingency plan telling the bidding software to cancel your bids on the other items as soon as you win one of them.

Second, you can change your mind about an item you're bidding on at any time (except in approximately the last 15 minutes). On eBay, it's a huge "no-no" to retract a bid. You can only do this under the most dire of circumstances. Do it too many times you'll be politely asked to leave. Permanently. But, because eBay doesn't register your bid until the Sniping program enters it for you, (at the very end of the auction) you can cancel your "snipe" with no penalty. You're canceling what you've programmed into the sniping software, not an actual bid on eBay. Isn't that nice? No more "watching" an auction you're unsure about, and then forgetting to bid on it. No more babysitting your computer so you can be there for the final moments of the auction. No more finding out you've read the description wrong and you're bidding on an item you don't want. Or finding something you like better after you've already committed yourself to another item, and having to pass on it. (Or worse, spending way too much on both!) And, finally, you have the satisfaction of knowing that winning doesn't depend on the speed of your fingers or your internet connection.

Believe me, the first time you snatch an item away from SpeedyFingers123-- or anyone else for that matter-- you'll be hooked.

© 2004 NetBrainer LLC. An eBay Power Seller and rabid eBay shopper, Carolyn Schweitzer is the owner and editor of "NetBrainer", a site dedicated to improving the performance of buyers and sellers on eBay. (You can learn more about sniping programs at NetBrainer.com ). Carolyn also provides weekly recorded tips on eBay for "Third Mind USA Small-Biz radio".


TODAYS NEWS BY OFFICEJAX FREE ADVERTISING AND AD EXCHANGE SOLUTIONSMORE RESOURCES updated Tue. August / 11 / 2020

L.A. Rockler Fur Company begins auctions of remaining garments - Southernminn.com
L.A. Rockler Fur Company begins auctions of remaining garments  Southernminn.com

Namibia Auctions Fishing Rights to Raise Money for Virus - Bloomberg
Namibia Auctions Fishing Rights to Raise Money for Virus  Bloomberg

With $2.7B in proceeds, CBRS auction showing 'unusual' activity - Light Reading
With $2.7B in proceeds, CBRS auction showing 'unusual' activity  Light Reading

Relief sales adapt to online auctions, find bidders - Mennonite World Review
Relief sales adapt to online auctions, find bidders  Mennonite World Review

Hospitality "Hope Survives" Luncheon, Auction Goes Virtual - Go Blue Ridge
Hospitality "Hope Survives" Luncheon, Auction Goes Virtual  Go Blue Ridge

Jimi Hendrix's Vintage Guitar Auctions for Over $200K USD - HYPEBEAST
Jimi Hendrix's Vintage Guitar Auctions for Over $200K USD  HYPEBEAST

Trump administration announces major midband spectrum auction for 5G - TechCrunch
Trump administration announces major midband spectrum auction for 5G  TechCrunch

Hinson leaves mark on auctions, county - The Stanly News & Press - Stanly News & Press
Hinson leaves mark on auctions, county - The Stanly News & Press  Stanly News & Press

Mystic Chicken Sign Flies Ahead For Flying Pig Auctions - Antiques and the Arts Online
Mystic Chicken Sign Flies Ahead For Flying Pig Auctions  Antiques and the Arts Online

NamesCon Auction Now Live on GoDaddy Auctions - DomainInvesting.com
NamesCon Auction Now Live on GoDaddy Auctions  DomainInvesting.com

Brooks Brothers Heads Toward Sale Auction – WWD - WWD
Brooks Brothers Heads Toward Sale Auction – WWD  WWD

Faraday Future FF 91 Pikes Peak Prototype up for Auction - Motor Trend
Faraday Future FF 91 Pikes Peak Prototype up for Auction  Motor Trend

White Star Auction is up for sale - Sturgis Journal
White Star Auction is up for sale  Sturgis Journal

Celebrity auction hits all-time global record - KTNV Las Vegas
Celebrity auction hits all-time global record  KTNV Las Vegas

CDN Publishing - Heritage Auctions to offer the historic, and unparalleled, Donald G. Partrick Collection Featuring not One, but Two, Brasher Doubloons - Greysheet Daily News
CDN Publishing - Heritage Auctions to offer the historic, and unparalleled, Donald G. Partrick Collection Featuring not One, but Two, Brasher Doubloons  Greysheet Daily News

Seized Fyre Festival merch sparks $805 bid with 3 days left in auction - Business Insider - Business Insider
Seized Fyre Festival merch sparks $805 bid with 3 days left in auction - Business Insider  Business Insider

Virtual Auction for the Animals set for Aug. 29 - Pagosa Springs Sun
Virtual Auction for the Animals set for Aug. 29  Pagosa Springs Sun

BJ DRYE COLUMN: It happened at the auction - The Stanly News & Press - Stanly News & Press
BJ DRYE COLUMN: It happened at the auction - The Stanly News & Press  Stanly News & Press

Auction Life photo submissions open through Aug. 28 - Auto Remarketing
Auction Life photo submissions open through Aug. 28  Auto Remarketing

Bottle Of Whiskey From Sunken Cargo Ship Is Up For Auction - NPR
Bottle Of Whiskey From Sunken Cargo Ship Is Up For Auction  NPR

Albuquerque’s only water park auctioned for $54,000 - KRQE News 13
Albuquerque’s only water park auctioned for $54,000  KRQE News 13

10-year Treasury yield pops back above 0.60% as traders brace for key bond auction - MarketWatch
10-year Treasury yield pops back above 0.60% as traders brace for key bond auction  MarketWatch

Isiah Thomas Claims '84 All-Star Trophy Was 'Stolen,' Auction House Pulls Item - TMZ
Isiah Thomas Claims '84 All-Star Trophy Was 'Stolen,' Auction House Pulls Item  TMZ

Covid curbs may further push back auctions for commercial coal mines - MENAFN.COM
Covid curbs may further push back auctions for commercial coal mines  MENAFN.COM

Clark Field House phone booth up for auction - Ames Tribune
Clark Field House phone booth up for auction  Ames Tribune

Cboe US Periodic Auction To Combat Off-Exchange Volumes - Traders Magazine
Cboe US Periodic Auction To Combat Off-Exchange Volumes  Traders Magazine

Treasury ramps up auctions as borrowing, virus surges - Finance and Commerce
Treasury ramps up auctions as borrowing, virus surges  Finance and Commerce

25th Annual Anne S. Thacik Auction Web site Launches - GANT News
25th Annual Anne S. Thacik Auction Web site Launches  GANT News

Michael Jordan Bulls jersey up for auction - Chicago Sun-Times
Michael Jordan Bulls jersey up for auction  Chicago Sun-Times

Brandon Lee 'Crow' Costume Sells For $25K at Auction - Hollywood Reporter
Brandon Lee 'Crow' Costume Sells For $25K at Auction  Hollywood Reporter

Buffalo Sabres to auction game-worn 50th season jerseys - Niagara Frontier Publications
Buffalo Sabres to auction game-worn 50th season jerseys  Niagara Frontier Publications

Friendship Heights Mall Heading To Foreclosure Auction - Bisnow
Friendship Heights Mall Heading To Foreclosure Auction  Bisnow

Auction move here raises virus concerns | City News - scottsdale.org
Auction move here raises virus concerns | City News  scottsdale.org

AUCTION PREVIEWS Sun. Aug 9th Real Estate & Contents Liverpool - NNY360
AUCTION PREVIEWS Sun. Aug 9th Real Estate & Contents Liverpool  NNY360

Support Huntsville Area Crime Stoppers: Virtual Charity Auction begins August 12 - WAFF
Support Huntsville Area Crime Stoppers: Virtual Charity Auction begins August 12  WAFF

Even with Erie County Fair canceled, the animal shows and auctions go on - WGRZ.com
Even with Erie County Fair canceled, the animal shows and auctions go on  WGRZ.com

Clark County hosting government surplus vehicle, airport lost and found online auctions this week - KLAS - 8 News Now
Clark County hosting government surplus vehicle, airport lost and found online auctions this week  KLAS - 8 News Now

El Paso County foreclosure auction still happening in person, dozens gather - KFOX El Paso
El Paso County foreclosure auction still happening in person, dozens gather  KFOX El Paso

Grace Fisher painting sells for highest bid during Old Spanish Days first online auction - NewsChannel 3-12 - KEYT
Grace Fisher painting sells for highest bid during Old Spanish Days first online auction - NewsChannel 3-12  KEYT

Spots remain open in Triple B Invitational; new auction items available - nsudemons.com
Spots remain open in Triple B Invitational; new auction items available  nsudemons.com

Dream Team's Signed Good Wishes to Ailing Jim Valvano Up for... - Sports Collectors Daily
Dream Team's Signed Good Wishes to Ailing Jim Valvano Up for...  Sports Collectors Daily

Spectacles Belonging to Gandhi Were Mailed to an Auction House–With Owner Having No Idea of Their Value - Good News Network
Spectacles Belonging to Gandhi Were Mailed to an Auction House–With Owner Having No Idea of Their Value  Good News Network

Breaking News: Bonhams' Seiko-Only Auction Disappears In The Wake Of Collector Scrutiny - HODINKEE
Breaking News: Bonhams' Seiko-Only Auction Disappears In The Wake Of Collector Scrutiny  HODINKEE

Pheasant Run auction bringing back flood of memories - Kane County Chronicle
Pheasant Run auction bringing back flood of memories  Kane County Chronicle

Auction of Washington Wines Virtual Pt 1 - AG INFORMATION NETWORK OF THE WEST - AGInfo Ag Information Network Of The West
Auction of Washington Wines Virtual Pt 1 - AG INFORMATION NETWORK OF THE WEST  AGInfo Ag Information Network Of The West

NY state completes investigation into mock slave auction in Watertown 4th grade class - syracuse.com
NY state completes investigation into mock slave auction in Watertown 4th grade class  syracuse.com

The One Sports Bar & Lounge heads to auction in Curtis Bay - Baltimore Business Journal
The One Sports Bar & Lounge heads to auction in Curtis Bay  Baltimore Business Journal

Rotary auction slated - Hillsboro Times Gazette
Rotary auction slated  Hillsboro Times Gazette

MusiCares Foundation announces charity auction items - The Music Universe.
MusiCares Foundation announces charity auction items  The Music Universe.

PALs auction: $3 billion and counting - RCR Wireless News
PALs auction: $3 billion and counting  RCR Wireless News

HiBid.com Auctions Topped $35 Million Last Week; Sports Cars, Gold Bullion, Farm Equipment, & More Up For Sale - Yahoo Finance
HiBid.com Auctions Topped $35 Million Last Week; Sports Cars, Gold Bullion, Farm Equipment, & More Up For Sale  Yahoo Finance

CBRS license bids top $2.4 billion as FCC auction heads into third week - Network World
CBRS license bids top $2.4 billion as FCC auction heads into third week  Network World

$10M 'Flowing Hair' 1794 US dollar set for auction in Las Vegas - FOX5 Las Vegas
$10M 'Flowing Hair' 1794 US dollar set for auction in Las Vegas  FOX5 Las Vegas

Bidding open on Hunterdon Art Museum’s online fundraiser auction - nj.com
Bidding open on Hunterdon Art Museum’s online fundraiser auction  nj.com

Barrett-Jackson Returns To Live Auctions With A Bang - Yahoo! Voices
Barrett-Jackson Returns To Live Auctions With A Bang  Yahoo! Voices

2016 Faraday Future FF91 prototype heads to auction - SlashGear
2016 Faraday Future FF91 prototype heads to auction  SlashGear

Isiah Thomas calls out auction house to return stolen All-Star Game MVP trophy - ClutchPoints
Isiah Thomas calls out auction house to return stolen All-Star Game MVP trophy  ClutchPoints

GNC, China's Harbin Pharmaceutical agree on sale price before auction - New Hope Network
GNC, China's Harbin Pharmaceutical agree on sale price before auction  New Hope Network

Rare 1969 Adams Brothers M-505 Probe 16, like in 'A Clockwork Orange,' up for auction - Autoblog
Rare 1969 Adams Brothers M-505 Probe 16, like in 'A Clockwork Orange,' up for auction  Autoblog

CSC Generation, Marquee Brands Top Fortress in Sur La Table Bankruptcy Auction - The Wall Street Journal
CSC Generation, Marquee Brands Top Fortress in Sur La Table Bankruptcy Auction  The Wall Street Journal

MicroStrategy Announces Commencement of Modified Dutch Auction Tender Offer to Purchase Up to $250 Million of Its Class A Common Stock - Business Wire
MicroStrategy Announces Commencement of Modified Dutch Auction Tender Offer to Purchase Up to $250 Million of Its Class A Common Stock  Business Wire

Going once, going twice ... Seven things to know about bidding at auctions - Stuff.co.nz
Going once, going twice ... Seven things to know about bidding at auctions  Stuff.co.nz

Bidding Ends Today For China Fashion Gala Auction To Benefit China Institute - Forbes
Bidding Ends Today For China Fashion Gala Auction To Benefit China Institute  Forbes

$10M 'Flowing Hair' 1794 US dollar set for auction in Vegas - Las Vegas Sun
$10M 'Flowing Hair' 1794 US dollar set for auction in Vegas  Las Vegas Sun

Vintage BMW Motorcycles Auction: Bonhams at Barber - UltimateMotorcycling.com
Vintage BMW Motorcycles Auction: Bonhams at Barber  UltimateMotorcycling.com

Blake Shelton, Luke Combs among country stars donating to MusiCares Charity Auction - Music News - abcnewsradioonline.com
Blake Shelton, Luke Combs among country stars donating to MusiCares Charity Auction - Music News  abcnewsradioonline.com

PHOTOS: Auction Tops $535,000 for Kishman Family Farm - The Review - The-review
PHOTOS: Auction Tops $535,000 for Kishman Family Farm - The Review  The-review

Auctions get creative as the pandemic forces them online - The New York Times
Auctions get creative as the pandemic forces them online  The New York Times

Lightning Foundation to host online auctions, 50/50 raffles in playoffs - Official site of the Tampa Bay Lightning
Lightning Foundation to host online auctions, 50/50 raffles in playoffs  Official site of the Tampa Bay Lightning

Northern Illinois Hosta Society hosts online auction and plant sale Aug. 26-30 - Chicago Daily Herald
Northern Illinois Hosta Society hosts online auction and plant sale Aug. 26-30  Chicago Daily Herald

Auction Report: Bonhams Announces An All-Seiko Online-Only Auction - HODINKEE
Auction Report: Bonhams Announces An All-Seiko Online-Only Auction  HODINKEE

Sauk Centre Area Auction • Thursday, August 6th | Auctions - ECM Publishers
Sauk Centre Area Auction • Thursday, August 6th | Auctions  ECM Publishers

Founders of YouTube and Restoration Hardware to auction historic Adirondack camp - newyorkupstate.com
Founders of YouTube and Restoration Hardware to auction historic Adirondack camp  newyorkupstate.com

Künker eLive Auction 61 of Ancient and World Coins and Medals Starts Tuesday - CoinWeek
Künker eLive Auction 61 of Ancient and World Coins and Medals Starts Tuesday  CoinWeek

Montgomery Co. police vehicle auctions shift back in gear - WTOP
Montgomery Co. police vehicle auctions shift back in gear  WTOP

Muncie Exide plant sold at bankruptcy auction - The Star Press
Muncie Exide plant sold at bankruptcy auction  The Star Press

Theater at Monmouth 18th annual Silent Auction underway online - Kennebec Journal & Morning Sentinel
Theater at Monmouth 18th annual Silent Auction underway online  Kennebec Journal & Morning Sentinel

HiBid's Toys.HiBid.com Portal Showcases Auctions Featuring Toys, Games & Collectibles for All Ages - PRNewswire
HiBid's Toys.HiBid.com Portal Showcases Auctions Featuring Toys, Games & Collectibles for All Ages  PRNewswire

Watch this: Hellgate senior hosts online auction to benefit Pov - The Missoulian
Watch this: Hellgate senior hosts online auction to benefit Pov  The Missoulian

Brazilian offshore wind 'ready for energy auction in 2023' - Riviera Maritime Media
Brazilian offshore wind 'ready for energy auction in 2023'  Riviera Maritime Media

Bid and Buy at the 2020 Nevada County Fair Online Junior Livestock and Ag Mechanics Auction this week - YubaNet
Bid and Buy at the 2020 Nevada County Fair Online Junior Livestock and Ag Mechanics Auction this week  YubaNet

Auburn Fall Auction will only be open to pre-registered bidders and guests - WANE
Auburn Fall Auction will only be open to pre-registered bidders and guests  WANE

Wine Online: How the Multimillion-Dollar Wine Auction Circuit Is Going Virtual - Robb Report
Wine Online: How the Multimillion-Dollar Wine Auction Circuit Is Going Virtual  Robb Report

1965 Shelby Mustang Sells For A Record $3.85 Million At Mecum Auctions - Forbes
1965 Shelby Mustang Sells For A Record $3.85 Million At Mecum Auctions  Forbes

Auction House Repatriates Sacred Indigenous Items, Possibly a Human Scalp - Free
Auction House Repatriates Sacred Indigenous Items, Possibly a Human Scalp  Free

Cattaraugus County, NY- Tax Foreclosed Real Estate Auction ONLINE ONLY - Bradford Era
Cattaraugus County, NY- Tax Foreclosed Real Estate Auction ONLINE ONLY  Bradford Era

"Disneyland: The First 65 Years" – A Two-Day Auction Starting August 15, 2020 - The DIS
"Disneyland: The First 65 Years" – A Two-Day Auction Starting August 15, 2020  The DIS

Livonia Steak 'n Shake restaurant goes up for sale more than a year after closing - Hometown Life
Livonia Steak 'n Shake restaurant goes up for sale more than a year after closing  Hometown Life

Barrett-Jackson moves Las Vegas and Palm Beach, Florida car auction to Scottsdale instead this fall - AZCentral
Barrett-Jackson moves Las Vegas and Palm Beach, Florida car auction to Scottsdale instead this fall  AZCentral

Kishman Farm near Minerva sold at auction - Canton Repository
Kishman Farm near Minerva sold at auction  Canton Repository

Safe Passage, Inc. "Handbags 4 Hope" Auction Is Now Live - Eagle 99.3 FM WSCH
Safe Passage, Inc. "Handbags 4 Hope" Auction Is Now Live  Eagle 99.3 FM WSCH

Seattle man wins ReStore auction for podcast sign - Huntington Herald Dispatch
Seattle man wins ReStore auction for podcast sign  Huntington Herald Dispatch

US Vehicle Auction Market Outlook 2020-2024: Due to COVID-19, Online/Digital Auctions Have Become the New Norm - GlobeNewswire
US Vehicle Auction Market Outlook 2020-2024: Due to COVID-19, Online/Digital Auctions Have Become the New Norm  GlobeNewswire

Namibia to auction fishing quota to raise money for COVID-19 medicines - Yahoo News
Namibia to auction fishing quota to raise money for COVID-19 medicines  Yahoo News

Box of Stained Glass Bought at Auction Solves 80-year Mystery of Church Windows Gone Missing During WWII - Good News Network
Box of Stained Glass Bought at Auction Solves 80-year Mystery of Church Windows Gone Missing During WWII  Good News Network

Pheasant Run memorabilia will be available in online auction - Chicago Daily Herald
Pheasant Run memorabilia will be available in online auction  Chicago Daily Herald

Dallas-based Heritage Auctions sells vintage Super Mario video game for $114,000 - The Dallas Morning News
Dallas-based Heritage Auctions sells vintage Super Mario video game for $114,000  The Dallas Morning News

ADESA auto auction says Flint layoffs will be more than expected - MLive.com
ADESA auto auction says Flint layoffs will be more than expected  MLive.com

The Strategist’s First-Ever Celebrity Auction - New York Magazine
The Strategist’s First-Ever Celebrity Auction  New York Magazine

Despite an online boost, auction houses saw a 49 percent drop in sales in the first half of 2020. - Artsy
Despite an online boost, auction houses saw a 49 percent drop in sales in the first half of 2020.  Artsy

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