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  2. Mecum Auctions - Wikipedia

    en.wikipedia.org/wiki/Mecum_Auctions

    Mecum Auctions, Inc. is an American auction company specializing in collector cars. It was founded by Dana Mecum in 1988, and was originally based in Marengo, Illinois. Since 2011, it has been headquartered in Walworth, Wisconsin. The company hosts various auction events across the United States. Television coverage began in 2008, contributing ...

  3. List of most expensive cars sold at auction - Wikipedia

    en.wikipedia.org/wiki/List_of_most_expensive...

    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 ...

  4. Dutch auction - Wikipedia

    en.wikipedia.org/wiki/Dutch_auction

    A Dutch auction initially offers an item at a price in excess of the amount the seller expects to receive. The price lowers in steps until a bidder accepts the current price. That bidder wins the auction and pays that price for the item. For example, a business might auction a used company car at a starting bid of €15,000.

  5. Reverse auction - Wikipedia

    en.wikipedia.org/wiki/Reverse_auction

    e. 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 ...

  6. The Cheyenne Supercomputer is going for a fraction of its ...

    www.engadget.com/the-cheyenne-supercomputer-is...

    GSA Auctions. Cheyenne Supercomputer. $28,000 $10,000,000 Save $9,972,000. Grab one of the world's most powerful supercomputers for far below list price during the US Government auction. $28,000 ...

  7. Online auction - Wikipedia

    en.wikipedia.org/wiki/Online_auction

    An online auction (also electronic auction, e-auction, virtual auction, or eAuction) is an auction held over the internet and accessed by internet connected devices. [ 1 ] [ 2 ] [ 3 ] Similar to in-person auctions, online auctions come in a variety of types , with different bidding and selling rules.

  8. Whatnot raises $20M for its livestreaming platform built for ...

    techcrunch.com/2021/03/04/whatnot-raises-20m-for...

    Whatnot raises $4M as it gets into livestreamed auctions and Pokémon cards. The company tells me that this Series A round was led by Connie Chan of Andreessen Horowitz, and backed by YC, Wonder ...

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