World wide bidding

Words by:
William Gregory MRICS, Golding Young and Mawer Auctioneers
Featured in:
August 2014

Dating back thousand of years, auctions are one of the oldest forms of marketplaces for the exchange of goods. The added element of competition over simple bartering gives the seller the chance to maximise the deal and the buyer the opportunity to outbid rivals. This balance is the base of auctions, with all their excitement and drama.

Today the auction method of selling items is more popular than ever, with modern technology expanding and developing the format. Traditional auctioneers such as Golding Young have modernised with the changes. Television programmes regularly attend the auction rooms, broadening the appeal to the general public. Internet catalogues reach a wider audience and live auction bidding allows potential buyers to bid from anywhere where there is a computer connection.

This modern day feature has resulted in worldwide audiences at each of our salerooms in Lincoln, Bourne and Grantham. Over the last three years the increase in numbers has been truly remarkable. Thousands of potential buyers regularly view the online catalogues and then go on to bid, sometimes with spectacular results.



Never miss a copy!

Big savings when you take out a subscription.

May ISSUE OUT NOW!Out now and available in 450 good quality outlets throughout Lincolnshire, including Local Co-op village stores. LIKE and SHARE to spread the word!Packed full of features including:• On the ball - Ollie Chessum• Tales from the tower - Megan Clawson• Concert for a cause - St Peter and St Paul, Old Bolingbroke• Life visits: Louth, Woodhall Spa and Boston• Education supplement - The best options for your child• West Lindsey Churches Festival - Special weekend events• Lincolnshire Aviation - Heritage Centre Step back in timeAnd lots more.Download today at www.lincolnshirelife.co.uk/product/lincolnshire-life-may-2024-digital-copy-copy/ ... See MoreSee Less