38 new entries added to auction company slogans, auctioneers slogans, that include pictures. 1. Easy to spot - bid it, why not?
Interesting Facts
Auctions have been around throughout recorded history. In 500 BC, annual auctions were held in Babylon where women were auctioned off for marriage. Here are 5 surprising facts about you may not know about auctions:
  • During the Roman Empire, slaves captured as "spoils of war" were auctioned off in the forum. The Romans also used auctions to liquidate to possessions of debtors whose property had been confiscated.
  • The oldest auction house in the world is Stockholm Auction House. (Stockholms Auktionsverk). It was established in Sweden in 1674.
  • During the American Civil War, goods seized by armies were sold by the division colonel. Auctioneers today are sometimes given the unofficial title of "colonel."
  • Auction chanting or calling is considered an art form. Top auctioneers often develop their own distinctive bid calling techniques, and novices attempt to develop versatile skills that will serve them in various auction situations.
  • Sotheby's, now the world's second-largest auction house, held its first auction in 1744. Christie's, now the world's largest auction house, was established around 1766. Other early auction houses that are still in operation include Dorotheum (1707), Bonhams (1793), Phillips de Pury Company (1796), Freeman's (1805) and Lyon & Turnbull (1826).
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Quotes on Auctioning
Quotes about Auctions:

  • "Auction houses run a rigged game. They know exactly how many people will be bidding on a work and exactly who they are. In a gallery, works of art need only one person who wants to pay for them." -Jerry Saltz
  • "Every election is a sort of advance auction sale of stolen goods." -H. L. Mencken
  • "I don't pay attention to auction prices. Nothing interests me less. One of the benefits of not being an artist is I don't have to navigate the social hierarchies of the art world as a person of desire. I don't need anything. I live in a different way." -Rachel Kushner
  • "Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an auction would be a core feature." -Tyler Winklevoss
  • "I love collecting things from auction - we Brits really are hoarders and collectors." -Jonathan Anderson

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