Just a little History of Auctions

Auctions have a long and sometimes not so pretty history.  Auctioneers sell what buyers want.

As far back as 500 B.C. women were auctioned off to be wives in Greece. Romans were known to go to auctions for estates and plunder of war.

American auctions began as early as the 1600s with crops, tools, livestock, and slaves. During the Civil War, Colonels were authorized to auction off goods from the enemy and the title of Colonel has remained a part of the auction terminology. Licensed auctioneers take the title Colonel.

The Great Depression made many auction left many people needing to have their property liquidated just to make ends meet and liquidate the assets of failing businesses.