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June 2020 Sees Record Number of Bidders, Lots, and Auctions Last Week, Plus $28.9M in Sales; Antiques, Farm Equipment, and More Up for Sale Now

OCALA, Florida — October 22, 2020 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, a comprehensive auction management platform, and supports webcast auctions, internet-only auctions, and absentee bidding.

October 12th-18th Highlights

Gross auction proceeds: $28,944,470 (USD)
Gross merchandise volume: $47,275,857 (USD)
Lots sold: 367,457
Online-only auctions: 971
Webcast auctions: 91
Average bidders per day: 808,000
Average bids per day: 1.32 million

Current Auctions

The information below highlights just a few of the auctions currently listed on Buyers can bid on a variety of items, including antique tractors, jewelry, restaurant equipment, vintage pocket watches, and more in these and many other auctions.

Jewelry, Art, Antique & Decor Auction

Seller: Berner's Auction Gallery
Date: October 22nd
Lots: 620
View Auction Items

Pic-A-Deli Oakville Online Auction

Seller: Storey's Auctions
Dates: October 17th-22nd
Lots: 471
View Auction Items

Allan McKeith Timed Online Farm Auction

Seller: Bruce Schapansky Auctioneers Inc.
Dates: October 15th-22nd
Lots: 72
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.

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About HiBid & Auction Flex

HiBid is an online auction platform supporting webcast auctions, internet-only auctions, and internet absentee bidding. It is available as both a private-label solution and a portal. HiBid is integrated with Auction Flex, the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex were built from the ground up to function together seamlessly. They are products of Sandhills Global, the technology company behind, Equipmentfacts, and numerous industry-focused brands.

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