Before the auction calendar, let us first understand, what is an auction?
A sale of goods (usually old, rare, and antique) or property, made by competitive bidding where the auctioned item is sold to the person who makes the highest bid. It is carried out by an auctioneer, who considers himself the seller’s agent until the hammer falls and announces the completion of the sale in favor of the highest bidder. Nowadays many auctions take place online whereby the auctioneer provides the site on which the Products are advertised.
What is an auction house?
To sell these goods, there are places where all these deals are carried out. These places or houses are called auction houses. There is a tremendous change in the early auction houses and that of now. Now there are online auction houses available and in this critical situation like COVID-19, it has proven that online auctions are good. There are many auction houses available. A few of them to discuss are Christie’s, Bonhams, Phillips, and more.
After making both ideas clear, let us discuss the auction calendar.
Here we will discuss the auctions of old, rare, antiques, vintage, modern, mid-century, and a lot more other items. Usually, the auction calendar is prepared according to the upcoming auctions of the above-mentioned items. Also, there are auctions of properties. To prepare this calendar, one needs to go through the schedule of all the auctions. If it is a third-party auction calendar, then the auction houses play an important role here.
Basically, in the auction calendar, there are dates of auctions mentioned. There is an arrangement made to view the lot, which is the items that are going to be auctioned. We can call it an auction preview. Here the person who is interested to purchase an item in the auction can view the item. Nowadays this facility is made available online.
Many a time there is news regarding auctions. People usually come to know about a particular auction by reading this auction news. News can give us the information of the auctions but to know the day, date, and time of that particular auction, one needs to view the auction calendar. Telling about the auctions after considering my experience in this industry, I can say there are many auction houses conducting auctions in the auction industry. Some are specialized in some particular items and some give the service of all the possible items. Auction calendars present the auction schedule of the upcoming auctions in a tabular format or in a list format one after the other. There are links provided for the auction previews, other auctions, featured lots of the auction houses, and a lot more information.
Interested people who think about the auctions and are willing to bid for any item search for auction this week. For this, their search lands on the auction calendar itself. Times and again the auction houses divert the people to the auction calendar so that they make it possible to show all the auctions of that week or month. People can plan a strategy to bid on a particular item. They get the time and they can view the item and plan for it accordingly.
I have noticed the most expensive book sold at auction. It was sold for $11.5 million at a Sotheby’s event. One can imagine the amount for a book. There are many such amazing auctions held in the auction industry. The other auction which I can say is Da Vinci’s “Salvator Mundi” it is the most expensive painting sold at auction. The amount for which it was sold is $110.7 million. Yet there are many other such huge auctions in the auction industry.
