U.S. markets closed

HiBid.com Reports Record Auction Total and Over $32M in Assets Sold Last Week; Coins, Restaurant Equipment & More for Sale in Current Auctions

OCALA, Fla., June 16, 2020 /PRNewswire/ -- HiBid.com recorded an all-time high of 2,324 biddable auctions in a single day last week, with over 600,000 lots for sale on the site. In total for the week running from June 8th through the 14th, HiBid facilitated the sale of over $32.3 million (gross auction proceeds) in equipment and other auction goods. HiBid hosted 909 auctions in all, with an average of approximately 740,000 bidders per day placing bids on nearly 313,000 lots. For the entire week, HiBid saw an average of approximately 1.23 million bids per day.

www.hibid.com www.auctionflex.com (PRNewsfoto/Auction Flex & HiBid)

June 8th-14th HiBid.com Highlights
Gross auction proceeds: $32,336,365 (USD)
Gross merchandise volume: $49,781,654 (USD)
Lots sold: 312,985
Online-only auctions: 829
Webcast auctions: 80
Average bidders per day: 740,000
Average bids per day: 1.23 million

Currently Featured Auctions
What follows is a sampling of current Featured Auctions on HiBid.com, where individuals have the opportunity to bid on coins, restaurant equipment, office furniture, industrial supplies and a wide range of other items:

Mississippi Rare Coin Estate Sale
Seller: Gold Standard Auctions
Dates: June 12th-20th, 2020
Lots: 522
View Auction Items

Restaurant Equipment Liquidation Auction
Seller: Dynamic Auction Group
Dates: June 3rd-17th, 2020
Lots: 301
View Auction Items

Warehouse Liquidation Auction
Seller: Compass Auctions & Real Estate
Dates: June 15th-22nd, 2020
Lots: 227
View Auction Items

If you're looking to sell through HiBid.com, click here to describe what you wish to sell, and a local HiBid auctioneer will help you get started.

Interested in receiving updates from HiBid? Sign up to receive newsletter emails, and follow HiBid Auctions on Facebook and LinkedIn.

About HiBid & Auction Flex
Auction Flex is the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, multi-parcel, and more. Auction Flex also provides a seamless solution that enables auction houses to upload auction catalogs online and accept internet absentee bids, conduct internet-only auctions, or offer webcast live internet bidding through its integrated web service and internet bidding solution—HiBid (both a private-label solution and a portal). Auction Flex and HiBid, products of Sandhills Global, were built from the ground up to function together seamlessly.

Contact Auction Flex
352-414-1947 
sales@auctionflex.com

 

Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/hibidcom-reports-record-auction-total-and-over-32m-in-assets-sold-last-week-coins-restaurant-equipment--more-for-sale-in-current-auctions-301078120.html

SOURCE HiBid & Auction Flex