LINCOLN, Neb., Sept. 1, 2020 /PRNewswire/ — HiBid.com continues to experience high auction volumes this summer. Last week’s online-only and webcast auctions sold more than $45.3 million (gross auction proceeds) in vehicles, equipment, and other assets. From August 24th through the 30th, bidders placed an average of about 1.22 million bids per day across 1,055 auctions. Approximately 732,000 buyers per day participated in HiBid auctions for the week, bidding on over 371,000 lots.
August 24th-30th HiBid.com Highlights
Gross auction proceeds: $45,355,718 (USD)
Gross merchandise volume: $64,201,307 (USD)
Lots sold: 371,199
Online-only auctions: 966
Webcast auctions: 89
Average bidders per day: 732,000
Average bids per day: 1.22 million
The following are examples of Featured Auctions and Hot Auctions currently listed on HiBid.com, where individuals have the opportunity to bid on a wide range of items, including agricultural machinery, Model A and Model T Fords, gold and silver bullion, Polaris snowmobiles, coins, police vehicles, and much more.
If you’re looking to sell through HiBid.com, click here to describe what you wish to sell, and a local HiBid auctioneer will help you get started.
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.
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SOURCE HiBid & Auction Flex