OCALA, Fla., Dec. 7, 2020 /PRNewswire/ -- Auctions hosted through HiBid.com generated more than $27.4 million (gross auction proceeds) in sales last week, with a total of 828 auctions held from November 23rd through the 29th. More than 880,000 bidders submitted 1.45 million bids each day, on average, which resulted in a total of more than 323,000 lots sold during the week.
HiBid.com once again broke records with more than 800,000 lots live for bidding on Friday alone, and nearly 95,000 lots sold on Sunday. The easy-to-use auction platform, which also works seamlessly with Auction Flex auction management software, looks to keep the momentum going through December 2020 with hundreds of end-of-year webcast and internet-only auctions on the calendar.
November 23rd-29th HiBid.com Highlights Gross auction proceeds: $27,419,668 Gross merchandise volume: $38,724,693 Lots sold: 323,649 Online-only auctions: 768 Webcast auctions: 60 Average bidders per day: 880,000 Average bids per day: 1.45 million
Current Auctions Below are just a few examples of the many auctions currently open for bidding on HiBid.com. Highlights include the opportunity to bid on antiques, jewelry, baseball cards and memorabilia, coins, vintage motorcycles, pinball machines, arcade games, and much more.
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 AuctionTime.com, Equipmentfacts, and numerous industry-focused brands.