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What is world auction record for the highest price paid for a Tiffany lamp?
Wiki User
∙ 15y ago
A site and a excerpt: A wisteria table lamp brought $231,000, the highest price ever paid at auction for such a model. http://query.nytimes.com/gst/fullpage.html?res=950DE3DE103DF935A3575BC0A96F948260&sec=&spon=&pagewanted=all
Wiki User
∙ 15y ago
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How do you sell an original oil on wood painting signed by Joseph Monticelli?
Auction it at an auction house. If the painting is a good one, a better auction house should fetch a better price.
What is the average price of a signed Antoine Barye Tiger Walking sculpture?
The average price at auction would be $9,000.
What is the highest price in monopoly?
Boardwalk is the highest property and it is $400 in the original United States Monopoly.
Should a reserve price be declared in an auction?
Declaring a reserve price at an auction generally defeats the purpose of having a reserve price. Let's look at the situation. If a reserve price was placed on an item at an auction and revealed, that would be effectively the same as setting a starting price for the auction. Bidders would know that the unit on the block had a reserve of, say, $100, so unless someone was willing to bid $100 for the unit, why bother to bid at all? The auction bidder would bid the $100 or just remain silent and wait to see what happens next. If a reserve price was placed on an auction item and not revealed, bidders would get a chance to bid against each other and attempt to win the item. As the gavel falls on the last bid, the highest bidder would know he had outbid his competition, but would have to wait to see if he met the reserve. This frustrates many bidders. Further, many bidders simply won't "waste time" bidding on anything with a reserve. Their attitude is to have the seller and auction company set a starting bid and everyone can take it from there. Auctions with a reserve often don't attract nearly as many bidders as they would if there was no reserve. True, the seller won't get to "insure" a minimum return for the item, but that seller will get many more bidders to jump in by not having set a reserve. Anyone who follows eBay auctions will know the general ideas presented here are on point. Lots of eBay items with a reserve (that is not declared) will simply have time expire on the auction without attracting any bidders at all. Most bidders who might be interested in an auction item with a reserve will just pass on it rather than get involved in any bidding. Why bother to bid and attempt to outbid competitors only to risk falling short of a reserve price that is beyond what a bidder bid? Or a price that is beyond the maximum that a bidder would be willing to pay for the item? Auctions with a reserve tend to stiffle bidding.
What is the highest price ever paid for a wristwatch?
5.78 million pounds
What is world auction record for the highest price paid for a book?
The world auction record for the highest price paid for a book is $14.2 million for the Codex Leicester by Leonardo da Vinci, sold at an auction in 1994 to Bill Gates.
What is the highest price ever paid for a horse at public auction and where did you get your information?
2.8 million
What does no reserve auction mean on jewelry?
If an item has a reserve price at an auction it means no matter the amount bid it will not sell unless it reaches the reserve price set by the seller. This price is not known by the bidder. In a no reserve auction the item will sell by the highest amount bid on the item this is known as a true auction.
What is the world record price for a watch?
The world record price for a watch is $31.2 million, which was achieved by a Patek Philippe Grandmaster Chime during an auction in 2019.
What is the difference between absolute auction and confirmation auction?
In an absolute auction, the highest bid wins the item or real estate, there is no minimum bid requirement. In a confirmation auction the highest bid has to be confirmed/approved by the owner or bank, sometimes also referred to as a reserve price.
What is the highest price paid for a car?
1962 Le Mans Winning Ferrari 330 TRI LM, which sold for $6.49 million, the highest price paid for a car at auction
Is name your own price an auction or reverse auction?
Name your own price is an auction, a "sealed bid" auction. The highest bidder gets the good or service and you don't get to hear other participants' bids. A reverse auction is where the prices start high and go lower, a setup used in supplier sourcing and procurement.
What is the record for the highest price paid for a mobile number?
119 dollors
What was highest oil price ever?
around 1 year ago the price was $145.29 the record high.
What is the most a car has ever sold for at auction?
The highest price ever paid for a car at auction was $11 million paid for a 1931 Bugatti Type 41 Royale Sports Coupe sold by the auction house Christie's in 1987.
What is the record for highest price per gallon of gasoline when adjusted for inflation?
$15/gallon
What is the highest auction price for a Military Collectible?
Probably for a VC. They are among the most coveted and limited and well documented Military Collectible.
