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Auction house
01
a company in the business of selling items at auction
What is an "auction house"?
An auction house is a company that helps with the sale of items by holding auctions. They organize events where various items, such as art, antiques, and rare items, are sold to the highest offer. Auction houses provide a place for sellers to show their items and for buyers to make offers, often hosting both live and online sales. They also offer services such as assessments and marketing to attract potential buyers.
Examples
Christie 's and Sotheby 's are renowned auction houses known for selling fine art and collectibles to high-profile collectors worldwide.
The auction house in town regularly hosts sales of antiques, jewelry, and rare books, attracting both local enthusiasts and international bidders.
