Word: auctioning
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Dates: during 1990-1999
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...YORK--An 85-year-old Honus Wagner baseball card went for $222,500 at auction yesterday, while the ball Mark McGwire hit for his 50th home run earned a whopping $46,000 for the New York Mets fan who caught it last August...
...Honus Wagner card, with a portrait of the all-time great Pittsburgh Pirate shortstop, is one of the rarest of all baseball cards. An identical one was sold by Christie's in September of 1996, for $640,000--a record for any item of sports memorabilia at auction...
...enabled customers and companies to be connected across distances in an immediate fashion that catalog stores could never do. The primary business that can be done on the Web by the average Joe Sixpack is to visit an on-line store, discount products site or auction...
...Auction sites are becoming increasingly popular as well. Ebay (www.ebay.com) went public in late September, and its stock value has increased 70 percent since the initial public offering. These sites primarily serve as facilitators of exchange between buyers and sellers, and they have no products themselves. Other auction sites include www.onsale.com and www.webauction.com...
Sources: New York Times; Park Central Hotel; Playboy; Statistical Abstract of the United States; Robert A. Siegel Auction Galleries...