Record Week on HiBid Sees 826,352 Lots Sold in 1,843 Auctions, Bringing in $50.1M GMV

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Nov 21, 2023, 16:46 ET

OCALA, Fla., Nov. 21, 2023 /PRNewswire/ -- In auctions running from November 13th to 19th, HiBid.com broke records for the total number of lots sold and total number of auctions held through the platform in a single week. Sales brought more than $50.1 million in gross merchandise value (GMV).

Fresh off of that banner week, HiBid has many more exciting auctions open for bidding this week featuring pocket watches, rare coins, comic books, bicycles, municipal liquidation equipment, dirt bikes, and much more. A 1954 Chevy H54 pickup truck, a Swiss "Dunand" 14K gold 1/4 repeater pocket watch, and a 1992 $50 gold American Eagle coin are expected to be among the hottest lots of the week.

HiBid.com brings buyers and sellers together every day with a wide-ranging selection of lots and 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.

November 13-19, 2023, HiBid.com Highlights
Gross Merchandise Value: $50.1+ Million
Total Hammer Value: $105.4+ Million
Lots Sold Online: 826,352
Timed Auctions: 1,843
Live Auctions: 140
Bids Placed: 4+ Million
Bidding Sessions: 4.5+ 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.

Robert Noa Estate Brooksville Onsite Auction
Auction Type: Internet Absentee
Dates: December 9
Seller: Dudley's Auction
View Auction Catalog

Municipal Auction, City of Rochelle, Illinois
Auction Type: Timed
Dates: November 3-28
Seller: Bearrows Real Estate & Auction Co.
View Auction Catalog

Pocket Watches, Coins, Clocks, Comics, and Sterling
Auction Type: Timed
Dates: October 24-November 27
Seller: Lucky Auctions
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