LINCOLN, Neb., July 29, 2020 /PRNewswire/ -- HiBid.com auctions generated nearly $29 million (gross auction proceeds) in equipment and other goods in last week's online-only and webcast auctions, with a record number of auctions and lots for sale across the site. On Friday, July 24th, alone, there were 2,375 auctions and 644,000 lots listed on HiBid.com.
From July 20th through the 26th, bidders placed an average of approximately 1.22 million bids per day across 1,130 auctions. Throughout the week, roughly 743,000 bidders per day took part in HiBid auctions, placing bids on over 394,000 lots.
July 20th-26th HiBid.com Highlights Gross auction proceeds: $28,938,188 (USD) Gross merchandise volume: $46,655,877 (USD) Lots sold: 394,168 Online-only auctions: 1,029 Webcast auctions: 101 Average bidders per day: 743,000 Average bids per day: 1.22 million
Current and Upcoming Auctions What follows is a sampling of Featured Auctions currently listed on HiBid.com, where individuals have the opportunity to bid on a wide range of items, including gold bullion, fine jewelry, porcelain figurines, Indian head pennies, a 1949 Chevrolet pickup, a 2000 Prevost Vantare motorhome, framed prints, and much more.
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.