29 Quotes About Auctions

  • Author Nathan Myhrvold
  • Quote

    We're more familiar with what economists call an English auction - prices start low and rise as people bid. However, there is also the Dutch auction, where prices start high and go lower until somebody bites. Movies are sold to the audience via a very slow Dutch auction, where each phase between price drops can last weeks or months.

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  • Author Yu Mengguo
  • Quote

    The long-anticipated auctions have weighed heavily on traders' minds in the futures market which, in part, has contributed to their recent price drop.

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  • Author Boris Nemtsov
  • Quote

    Those foreign cars that are being used now will be sold at open auctions and replaced by domestic-made cars,

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  • Author Michael K. Powell
  • Quote

    High court review will protect the integrity of the FCC's auctions program, which Congress has chosen as the best method of assigning scarce and precious spectrum resources to those that will put them to their most productive use,

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  • Author Jack Reynolds
  • Quote

    In 166,000 auctions and $25 million worth of property we've sold on eBay we've never had a stolen item because any crook with brains in his head isn't going to take stuff to someone who photographs them and puts them on public display.

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  • Author Jerry Saltz
  • Quote

    Now people look at 'The Scream' or Van Gogh's 'Irises' or a Picasso and see its new content: money. Auction houses inherently equate capital with value.

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  • Author Kazuhiko Sano
  • Quote

    Bonds are likely to rebound following the auction. It looks like there will be plenty of demand from investors. A respite from auctions for the near future should help supply and demand conditions recover.

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