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The minimum bid was US$3 million and the sale closed January 16, 2003. [2] The city of Carlotta, California was up for auction on eBay in February 2003. [3] In September 2004, the Indiana Firebirds arena football team was auctioned off, first in a regular auction that failed to reach the reserve price, [4] and again as a "Buy it Now" item for ...
A double auction is a process of buying and selling goods with multiple sellers and multiple buyers. [1] Potential buyers submit their bids and potential sellers submit their ask prices to the market institution, and then the market institution chooses some price p that clears the market: all the sellers who asked less than p sell and all buyers who bid more than p buy at this price p.
A first-price sealed-bid auction (FPSBA) is a common type of auction. It is also known as blind auction. [1] In this type of auction, all bidders simultaneously submit sealed bids so that no bidder knows the bid of any other participant. The highest bidder pays the price that was submitted. [2]: p2 [3]
For example: 2-gauge wire is large (like a pencil) and 30-gauge wire is fine, like thread. In much of the world wire diameter is often expressed in millimeters. For making jump rings, 10- to 18-gauge wire (2.5 to 1.3 mm) is used. Bracelet and necklace wire components are generally made out of wire that is 16-, 18- or 20-gauge (1.3 to 0.8 mm).
Priscilla attended the Mecum auction in Kissimmee, Florida, and gave a brief speech just before bidding got underway. “He loved planes and this was one of them,” she said. “He loved planes ...
A cable tie (also known as a hose tie, panduit [1], tie wrap, wire tie, zap-straps, or zip tie) is a type of fastener for holding items together, primarily electrical cables and wires. Because of their low cost, ease of use, and binding strength, cable ties are ubiquitous, finding use in a wide range of other applications.
[4] [5] It is also called garden twist wire. [6] A twist tie is used by wrapping it around the item to be fastened, then twisting the ends together. [ 4 ] They are often included with boxes of plastic food bags or trash bags , and are commonly available individually in pre-cut lengths, on large spools, or in perforated sheets called gangs.
A Dutch auction is one of several similar types of auctions for buying or selling goods. [1] [2] [3] Most commonly, it means an auction in which the auctioneer begins with a high asking price in the case of selling, and lowers it until some participant accepts the price, or it reaches a predetermined reserve price.