The definition given is: auction refers to the sale and purchase of specific items or property rights to the highest bidder in the form of open bidding. But he is not necessarily accurate, and there are some shortcomings, such as a lack of publicity; The openness of online auctions is also far from that of traditional auctions.

Auction is one of the oldest ways of property rights transfer, originated from the public bidding behavior that originated after the existence of human beings, in order to transfer their surplus goods, people initially to transfer or sell their products, rather than can specialize in auction activities, only this way is convenient and successful, it has attracted people's interest and more attention. According to the relevant historical records, the auction took place in the 5th century BC. The historian's book "History" records the annual auction of married women in the city. Auction houses appeared at the end of the second century AD.

The auction model of modern civilization began in England in the eighteenth century. In 1744 and 1766, two auction houses were established in London, "" and "Christie". It had a huge impact on the auction industry around the world for more than 250 years. In 1874, Britain's largest auction house opened a subsidiary in Shanghai---- Ruismore Auction Company. China's auction industry emerged in the last years of the Qing Dynasty, when auction houses mostly auctioned old goods and pawn items acquired by themselves, and since then self-management has been accompanied by the survival and development of the auction industry.

rules

In order to effectively follow the auction principle of "openness, fairness, impartiality, and the highest bidder", protect the legitimate rights and interests of all parties, and ensure the smooth conduct of the auction, these rules are formulated.

Article 1: Those who participate in the bidding activities must obtain the bidding qualifications before they can participate in the bidding, and those who have not obtained the bidding qualifications cannot participate in the bidding.

Article 2: The auction object shall be auctioned in its current condition, and the auction object shall be displayed before the auction, and the bidder shall carefully look at the auction item (including hiring professionals to assist in the appraisal) before bidding, and once the bidder enters the bidding table, it shall be deemed to have understood and accepted the current situation of the auction (including defects), and shall not return the goods or refuse to pay the transaction price for any reason after the successful bidding.

Article 3: The bidder shall hold the number to meet the price, and the bidding behavior of those who do not hold the license plate shall be invalid. Bidders shall not maliciously collude with each other to damage the interests of others, otherwise the auction will be invalid and they will be liable for compensation in accordance with the law.

Article 4: After the auction quotes the starting price of the auction object, the bidder shall raise the price with his sign. At the same time, the auctioneer's bidder's price increase shall be immediately announced to the public, and the bidder shall raise his card to respond to the price and quote the latest price after the price increase.

Article 5: When the auctioneer asks for three consecutive inquiries and no one responds to the price, it shall be confirmed with a hammer, and once the auction is confirmed, there shall be no remorse, and the last bidder shall be the buyer, and the transaction confirmation shall be signed immediately.

Article 6: If a bidder quotes a new price after the auctioneer strikes the hammer, it will be invalid.

Article 7: The price increase of the bidder each time the bidder raises the sign shall be announced on the spot according to the situation of the subject matter.

process

In order to effectively follow the auction principle of "openness, fairness, impartiality, and the highest bidder", protect the legitimate rights and interests of all parties, and ensure the smooth conduct of the auction, these rules are formulated.

Article 1: Those who participate in the bidding activities must obtain the bidding qualifications before they can participate in the bidding, and those who have not obtained the bidding qualifications cannot participate in the bidding.

Article 2: The auction object shall be auctioned in its current condition, and the auction object shall be displayed before the auction, and the bidder shall carefully look at the auction item (including hiring professionals to assist in the appraisal) before bidding, and once the bidder enters the bidding table, it shall be deemed to have understood and accepted the current situation of the auction (including defects), and shall not return the goods or refuse to pay the transaction price for any reason after the successful bidding.

Article 3: The bidder shall hold the number to meet the price, and the bidding behavior of those who do not hold the license plate shall be invalid. Bidders shall not maliciously collude with each other to damage the interests of others, otherwise the auction will be invalid and they will be liable for compensation in accordance with the law.

Article 4: After the auction quotes the starting price of the auction object, the bidder shall raise the price with his sign. At the same time, the auctioneer's bidder's price increase shall be immediately announced to the public, and the bidder shall raise his card to respond to the price and quote the latest price after the price increase.

Article 5: When the auctioneer asks for three consecutive inquiries and no one responds to the price, it shall be confirmed with a hammer, and once the auction is confirmed, there shall be no remorse, and the last bidder shall be the buyer, and the transaction confirmation shall be signed immediately.

Article 6: If a bidder quotes a new price after the auctioneer strikes the hammer, it will be invalid.

Article 7: The price increase of the bidder each time the bidder raises the sign shall be announced on the spot according to the situation of the subject matter.

term

1. The term "party" is a collective term for the principal, the bidder and the buyer.

2. "Consignor" refers to a citizen, legal person or other organization that entrusts the auctioneer to auction the goods or property rights, and the "consignor" is sometimes referred to as the seller.

3. "Bidder" means a citizen, legal person or other organization participating in the bidding for the auction object.

4. "Buyer" means the bidder who receives the auction object at the highest price.

5. "Bidder" and "Buyer" are sometimes referred to collectively as buyers.

6. The "auction object" shall be the goods or property rights owned by the consignor or can be disposed of in accordance with law.

7. The "transaction price", also known as the "hammer price", refers to the price at which the hammer decides to sell the auction object to the buyer at the auction.

8. "Reference price", also known as "estimate", refers to the express price of each auction object on the auction catalogue printed by the Company. The price is determined by the Company and is not the final selling price.

9. "Auction Reserve Price" refers to the lowest selling price mutually agreed between the Company and the Consignor for the Auction Objects entrusted by the Company and indicated in the Power of Attorney.

10. "Auction Object" refers to the auction object that has been auctioned and concluded.

11. "Commission", also known as "agency fee", refers to the service fee charged by the Company to the client and the buyer after the transaction in accordance with the relevant laws and regulations.

12. "Auction Proceeds" refers to the net amount paid by the Company to the Consignor for the sale of the Auction Objects after the Auction is concluded, i.e., the balance of the Transaction Price after deducting the commission and the accrued expenses payable by the Consignor.

function

Many people see auctions as an ancient commodity. To this day, however, auctions still occupy an important place in modern economic life, and in the United States, there may be more than 1,000 antique auctions in a single week. Fifty percent of the tea drinks by the British is bought at auction. In international trade, wool, wool, tobacco, grain, etc. are also mainly auctioned, and the transaction price of the auction has important reference value for the determination of similar commodities. Auction is so popular and developed in the world that it is enough to say that it has a special function in modern society.

1. Price on-site discovery function;

2. Value preservation and value-added functions;

3. Invigorate the function of commodity circulation;

4. Social service function.

auctioneer

refers to those established in accordance with the Auction Law and > to engage in auction activities. In accordance with the provisions, the following conditions shall be met:

(1) The auctioneer shall be an enterprise legal person established in accordance with the regulations, that is, it shall have a certain registered capital, its own name, organizational structure, domicile and articles of association;

(2) The auctioneer is an intermediary organization that accepts the entrustment of others to carry out buying and selling activities. The Auction Law prohibits auctioneers from auctioning self-operated items, and can only accept the entrustment of citizens, legal persons, and other organizations to collect commissions from the goods or property rights entrusted by the auction, rather than the price difference of the goods. In addition, the auction enterprise must also be reviewed and approved by the local competent authority before applying for registration and obtaining a business license from the administrative department for industry and commerce;

(3) The auction enterprise shall be an enterprise legal person established in accordance with the provisions of the Company Law. In addition to meeting the requirements stipulated in this Law, auction enterprises shall also comply with the relevant provisions of the Company Law.

Auctioneer

Refers to a person who has the ability to conduct an auction. The auctioneer shall meet the following conditions:

(1) Have a college degree or above and professional knowledge of auction;

(2) More than two years of work in the auction industry;

(3) Good conduct. Those who have been dismissed from public office or have had their auctioneer credentials revoked for less than five years, or who have received criminal punishment for intentional crimes, must not serve as auctioneers.

Bring the collection to the company (calligraphy and painting works can also be mailed) - negotiate and sign the consignment auction contract - work numbering, take photos - retouching, typesetting - printing and production catalogue - online preview - investment promotion - hotel preview for 2 days - auctioneer auction for 1-2 days - 30 (working days) after the auction bring the consignment auction contract to the company for settlement and return procedures.