Auction -- Encyclopaedia Britannica Traditional Auctions

Auction -- Encyclopaedia Britannica - Traditional Auctions

Auction -- Encyclopaedia Britannica Traditional Auctions

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The traditional auction process involves a succession of increasing bids or offers by potential purchasers until the highest (and final) bid is accepted by ... ...

auction -- Encyclopaedia Britannica

http://www.britannica.com/eb/article-9011212/auction

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