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On June 1, 2018, it was announced that a 1963 Ferrari 250 GTO had sold for $70 million at a private auction, at the time a world record. [2] The 1904 Rolls-Royce 10 hp Two-Seater is currently listed on the Guinness World Records as the most expensive veteran car to be sold, at the price of US$7,254,290 (equivalent to $10,660,000 in 2023), on a ...
The following list is a chart of the most expensive coins. Most of these are auction prices. ... Beijing Chengxuan Auction [8] August 12, 2022 $6,600,000 1794 Flowing ...
A Patek Philippe pocket watch. This list of most expensive watches sold at auction documents the watches sold at auction worldwide for at least 1.5 million US dollars.The final price listed is the total price paid by the buyer converted to US dollars, according to the currency exchange rate at the time of auction.
List of most expensive paintings. Salvator Mundi by Italian artist Leonardo da Vinci (c. 1500) This is a list of the highest known prices paid for paintings. The record is approximately US$ 450.3 million (which includes commission), paid for Leonardo da Vinci 's Salvator Mundi (c. 1500). The painting was sold in November 2017, [1][2] through ...
An auction is usually a process of buying and selling goods or services by offering them up for bids, taking bids, and then selling the item to the highest bidder or buying the item from the lowest bidder. Some exceptions to this definition exist and are described in the section about different types. The branch of economic theory dealing with ...
A reverse auction (also known as buyer-determined auction or procurement auction) is a type of auction in which the traditional roles of buyer and seller are reversed. [1] Thus, there is one buyer and many potential sellers. In an ordinary auction also known as a forward auction, buyers compete to obtain goods or services by offering ...