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Securities > Auction Market
The following information is about Auction Market.
Auction Market Defined
A market in which the price of a security is determined by supply and demand, through a continuous auction. Exchanges are auction markets.
This definition is in context to Securities. See more contextual defintions for Auction Market.
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Off-site Auction Market Links, User Submitted
The following links have been collected through user bookmark submission in the Auction Market category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
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- BrickLink - The Unofficial Online LEGO® Marketplace
- Sunk Costs at Sotheby's Contemporary Sale - ARTINFO.com
- No Bailout at Christie's - ARTINFO.com
Wed Nov 12
- Lehman to put $8m art collection on block | Business | guardian.co.uk: The bankrupt investment bank Lehman Brothers wants to sell at least $8m (£5.2m) worth of the art collection that once decorated its offices. The news comes as $20m of postwar art, put up for sale by the former Lehman boss Richard Fuld and his wife Kathy, goes on the block tonight at Christie' s in New York.
- Arts diary: The art of avoiding the credit crunch | Art and design | The Guardian: In July, the chairman of the now bankrupt Lehman Brothers, Richard Fuld and his wife Kathy consigned 20 works on paper - including a 1951 de Kooning drawing - to Christie' s for sale. Cleverly, they secured a guarantee on the works of about $20m. That means they make that sum of money as a minimum, whatever happens to the bidding when they go under the hammer in November. Remarkable good fortune to have made the move before Lehman Brothers went under in September - indeed, before the banking crisis really kicked off. Art market observer and author Sarah Thornton, speaking at a literary event at the Southbank Centre in London last week, was the relayer of this interesting piece of information.
- A Dreary Night for Contemporary Art at Sotheby's - NYTimes.com
Tue Nov 11
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