HiBid Auctions Approach $50M in GMV Last Week, with Jewelry, Furniture, Tools, and More Now Open for Bidding

News provided by

Apr 19, 2023, 09:22 ET

OCALA, Fla., April 19, 2023 /PRNewswire/ -- HiBid enabled the sale of over $49.9 million in gross merchandise value in auctions held through the platform last week. Over 720,000 lots were sold online in 1,683 timed and live auctions taking place between April 10th and 16th, with the total hammer value topping $125.7 million.

Among the thousands of auctions now open for bidding on HiBid.com, there are events featuring 14K gold necklaces, earrings with diamonds and gemstones, pocket watches, contemporary furniture, antique cars, classic sports cars from the 1950s and 60s, and much more. Other intriguing online auctions this week include commercial refrigerators and freezers, convenience store display cases and cabinets, bar stools, soda fountains, shop tools, tool chests, ladders, workbenches, and vehicle towing equipment like bumper jacks, frame hoists, and hydraulic lifts.

HiBid.com brings buyers and sellers together every day with a wide-ranging selection of lots in more than 300 categories that appeal to bidders worldwide. HiBid is fully integrated with Auction Flex 360, providing auctioneers with a comprehensive auction management solution that supports live auctions, timed auctions, and internet absentee bidding.

April 10th-16th, 2023, HiBid.com Highlights
Gross Merchandise Value: $49.9+ Million
Total Hammer Value: $125.7+ Million
Lots Sold Online: 720,938
Timed Auctions: 1,572
Live Auctions: 111
Bids Placed: 4.17+ Million
Bidding Sessions: 5.12+ Million

Current Auctions

The following list includes a small sample from the hundreds of auctions currently open for bidding on HiBid.com. Site visitors can click the Find Auctions menu at the top of the HiBid.com homepage for links to the Featured and Hot auctions, such as those listed below, or use the search box to find auctions nearby.

Online-Only Jewelry Auction
Auction Type: Timed
Dates: April 6th-23rd
Seller: Dudley's Auction
View Auction Catalog

Convenience Store Auction
Auction Type: Timed
Dates: April 2nd-23rd
Seller: Cory Craig, Auctioneer
View Auction Catalog

Emmett's Repair Online Auction
Auction Type: Timed
Dates: April 7th-23rd
Seller: Michael Auction Service
View Auction Catalog

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. Interested in receiving updates from HiBid? Sign up to receive newsletter emails, and follow HiBid Auctions on Facebook and LinkedIn.

About HiBid and Auction Flex 360

HiBid is an online auction platform supporting live auctions, timed auctions, and internet absentee bidding. It is also available as a private-label solution. HiBid is integrated with Auction Flex 360, the market leader in auction software for live and timed auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex 360 were built from the ground up to function together seamlessly.

SOURCE Hibid-AuctionFlex