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Auctions News

(AFX UK Focus) 2008-11-17 20:37 Bank of Canada to adjust purchases at auctions (Interactive Investor)

TORONTO, Nov 17 (Reuters) - The Bank of Canada said on Monday it is adjusting its purchase of nominal bonds at auctions to help gradually bring its holdings of government debt in line. The central bank said its ratio of treasury bill holdings to bond holdings has changed and is reflected in its balance sheet, due to "extraordinary transactions" that were designed to provide term liquidity. The ...

Ritchie Bros. attracts thousands of bidders to auctions in new and established markets (CNW Group via Yahoo! Finance)

Ritchie Bros. Auctioneers , the world's largest auctioneer of industrial equipment, attracted thousands of bidders to seven unreserved public auctions in four countries last week - including its first ever auction in Poland.

Treasury unwinds special financing; move may help with auctions (Market Watch)

The Treasury Department?s decision to start unwinding a roughly $550 billion temporary T-bill program is likely to free investors to buy from another wave of government debt expected to flood the market over the next year.

'38 Ruth Dodgers uniform goes for $310,500 (USA Today)

SCP Auctions bought a full Babe Ruth 1938 Brooklyn Dodgers road uniform for $310,500 at auction at the Louisville Slugger Museum. SCP Auctions said Saturday that the uniform, the last professional uniform worn by Ruth, was purchased on behalf of a client who is an avid collector of Ruth memorabilia.

Art auctions: Will anyone pay these prices? (The Globe and Mail)

Six months ago, three tiny Tom Thomson sketches sold for more than $1-million each. As the fall auction season kicks off, James Adams reports, there's a new million-dollar question out there

Slow sales at art auctions may be sign of sanity (East Valley Tribune)

NEW YORK - The sagging demand for high-end art at the fall auctions could signal a return to more realistic prices in the fine art market after the frenzied buying of the last few years.

Do your Christmas shopping on a budget with Local Bargain Finder (Tech Digest via Yahoo! UK & Ireland News)

Ignore the rather utilitarian design on localbargainfinder.co.uk - what's behind the site is surprisingly powerful. It's a set of custom eBay searches that allow you to find auctions near your geographical location, as well as check for negative feedback on bidders and check commonly misspelled variants of your search items.

In Faltering Economy, Auction Houses Crash Back to Earth (New York Times)

Recent art auctions seemed to signal a new era in sales, one that featured the return of the seasoned collector and more-sober business practices.

Treasury Auctions Set for This Week (New York Times)

Treasury?s schedule of financing this week.

Slow sales at NYC auctions may be indicator of health (Times Leader)

NEW YORK ? The sagging demand for high-end art at the fall auctions could signal a return to saner prices in the fine art market after the frenzied buying of the last few years.

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