Over $35.5 Million Sold Through HiBid.com Last Week; Bidding Now Open for Fine Art, Antiques, Farm Machinery, Vintage Audio Equipment, and More

OCALA, Fla., Oct. 28, 2020 /PRNewswire/ — HiBid.com facilitated the sale of more than $35.5 million (gross auction proceeds) in assets last week, with 1,131 auctions held on the site from October 19th through the 25th. With 834,000 bidders submitting 1.39 million bids per day, on average, auctioneers sold more than 392,000 lots during the course of the week. On Friday alone, the auction platform experienced a record number of auction lots for sale in one day, with that total surpassing 740,000 lots.

HiBid works seamlessly with Auction Flex, a comprehensive auction management platform. HiBid supports webcast auctions, internet-only auctions, and absentee bidding.

October 19th-25th HiBid.com Highlights
Gross auction proceeds: $35,546,528 (USD)
Gross merchandise volume: $48,640,568 (USD)
Lots sold: 392,350
Online-only auctions: 1,042
Webcast auctions: 89
Average bidders per day: 834,000
Average bids per day: 1.39 million

Current Auctions
The information below highlights just a few of the

Read More

HiBid.com Sees Record Number of Bidders, Lots, and Auctions Last Week, Plus $28.9M in Sales; Antiques, Farm Equipment, and More Up for Sale Now

Press release content from PR Newswire. The AP news staff was not involved in its creation.

OCALA, Fla., Oct. 22, 2020 /PRNewswire/ — HiBid.com reports that nearly $29 million (gross auction proceeds) in assets were sold in last week’s auctions. The online platform held a total of 1,062 auctions from October 12th through the 18th. With an average of 808,000 bidders submitting 1.32 million bids per day, auctioneers sold more than 367,000 lots over the course of the week.

HiBid also set several records last week. On Friday, the online auction platform experienced its highest number of auction lots for sale (736,000), biddable auctions (2,693), and total auctions (3,020). On Saturday, HiBid set another record, this one for the most bidders from its many portals (127,000 bidders placing 209,000 bids), while total bidders from all HiBid auction sites reached 881,000. HiBid works seamlessly with Auction Flex

Read More