View Blog Posts

June 2020

Nearly $22.7M in Assets Sold Through Last Week; Art, Coins & Arnold Palmer’s Golf Car for Sale in Upcoming Auctions

OCALA, Florida — November 20, 2019 sold over $22.68 million GAP (gross auction proceeds) in equipment and other auction goods in last week’s online-only and webcast auctions. In total, HiBid hosted 622 auctions from November 11th through the 17th. Throughout the week, an average of approximately 398,000 bidders per day took part, placing bids on more than 185,000 lots with a combined value exceeding $31 million GMV (gross merchandise volume).

November 11th-17th Highlights

Gross auction proceeds: $22,681,206 (USD)
Gross merchandise volume: $31,172,309 (USD)
Lots sold: 185,623
Online-only auctions: 561
Webcast auctions: 61
Average bidders per day: 398,000
Average bids per day: 626,000

Upcoming Featured Auctions

Among the many auctions taking place this week on is one featuring Arnold Palmer’s private golf car from Bay Hill Club & Lodge. The auctioneer, Asset IQ LLC, will donate the proceeds of the sale to the Arnold & Winnie Palmer Foundation. In other featured auctions, individuals will have the opportunity to bid on a wide range of items, including fine art, jewelry, coins, collectibles, military items, Inuit carvings, and more.

Arnold Palmer’s Private Golf Car
Seller: Asset IQ LLC
Date: November 18th-22nd, 2019
Lots: 1
View Auction Item

Estate Auction - Artwork, Jewelry, Antiques & More
Seller: Marshall Gummer Estate Auctions
Date: November 22nd-27th, 2019
Lots: 237
View Auction Items

Multi-State Collector Coin Auction
Seller: JD’s Auctions
Date: November 21st, 2019
Lots: 400
View Auction Items

If you're looking to sell through, 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

[email protected]