Ashbey's Galleries

Auctions are especially useful for the sale of desirable items, with an estimated value. So if a seller is unsure of the price he can get, then auctions are particularly useful. Think of a work of art, which different people would value differently; while a personal collector would value it as another jewel in his collection, the state museum curator would value it in a different manner. An auction often ensures that the object goes to the person who values it the most.