Some states allow auction houses to bid on their own items. Why would auction houses shill bid their own items? The practice raises several ethical questions. Shill bidding has been a hot topic ...

Collectors faced major trust issues in 2025 when shill bidding scandals rocked the sports cards and collectibles scene. The Fanatics Collect shill bidding scandal started with Patrick Ryan admitting ...

The global marketplace and selling platform announced in an email to its customers on April 13, that starting May 13, 2026 buyers in the United States will no longer be able to cancel a winning ...

In 1989, as the art market roared, the critic Peter Schjeldahl wrote deliciously about attending his very first auction, a marquee November sale in New York at Christie’s. He saw “finely tailored ...

Launched in June 2018, "Ad Manager" worked on second price auction method until now wherein the highest bidder bought the product for the second-highest bid rather than on his own highest. The change, ...

The U.S. closing auction is the single largest liquidity event of the trading day. On a typical day in 2024, exchanges matched an average of $50 billion in notional volume during the closing auction, ...