the.com/auction
a room where confidence costs money and hesitation costs more.
means a public sale where goods go to whoever offers the highest bid, with the price climbing as buyers compete.
from From Latin auctio, "an increasing," rooted in augere, "to increase" — the same growth verb behind "augment" and "author." The word names the one thing that always rises at a sale: the price.
- latin root
- from augere, to increase, like the price
- dutch style
- price drops until someone panics and buys
- record sale
- a da Vinci hit $450 million in 19 minutes
- silent paddle
- a scratched nose has bought paintings
- ancient rome
- the whole empire was once auctioned off
for instance
christie's london art auction — sold banksy's girl with balloon for $1.4 million in 2018
sotheby's new york — sold kennedy's jackie o jewelry collection for $34.5 million in 1996
barrett-jackson collector car — sold a 1962 ferrari 250 gto for $38.1 million in scottsdale arizona 2024