Auctions and Their Pros
An auction is a process of buying and selling of various artistic pieces, collectibles, leaseholds, etc. It involves several bidders coming together to bid for a particular item. The person who raises the highest price during the bid is eventually the winner of the auction and gets to take away the object being auctioned. Having been established as early as 500 B.C this practice of carrying out auctions has become extremely common, specifically in several western countries.
However, there
