News wires

Gotickets.Com Launches Auction Site

Wednesday July 26 by Claudia bourne
GoTickets.com, a premium online source for hard-to-find event tickets, has launched a new, specialized auction site for concert, sports, airline and permanent seat licenses (http://auctions.gotickets.com /). GoTickets.com was started in 1998 to provide consumers with a convenient online alternative to more traditional ticket outlets. The Washington Post described the site as "well organized," and noted that it "prominently displays the Better Business Bureau seal, which is reassuring, given the sheer numbers of ticket brokers doing business online." The company is now expanding its online tickets business with ticket auctions. "More and more buyers and sellers prefer to use online auctions," said Scott Jernigan, president of GoTickets.com.

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Finest Known Rare Silver Dollar Hits Ebay Auction Block

Wednesday July 26 by Claudia bourne
On Thursday, July 27, at 7:02:01PM Pacific Daylight Time, a lucky rare coin investor or collector is likely to own eBay item #385274229. This eBay auction offers an extraordinary 1896 Morgan Silver Dollar, the rarest and most expensive coin ever sold exclusively Online at an Internet auction. The coin, which is offered by Barry Stuppler & Company, Inc., of Woodland Hills, CA, has an estimated value of $325,000. The winning bid will have to be over the $269,000.00 reserve price. Bidders are working their way up to the reserve. As of Tuesday July 25th at 7am, with over two days still to go, there have been 33 bids; with a high bid of $127,600.

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Greg Manning Auctions, Inc. Announces World Record Comic Book Sale

Tuesday July 25 by Claudia bourne
Greg Manning Auctions, Inc. (Nasdaq: GMAI) announced the world record setting private treaty sale of Batman #1 (CGC Certified Very Fine Plus) for $150,000, and Detective Comics #29 (CGC Certified Near Mint Plus) for $100,000. The Company also announced that two auctions, KISS the Auction and the World Stamp Expo Auction, together resulted in aggregate sales in excess of $4 million.

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Treasured Porcelain Pieces to Be Auctioned

Tuesday July 25 by Claudia bourne
A descendant from the royal family of the Qing Dynasty (1644-1911) recently authorized a Shanghai auction house to sell 100 treasured porcelain pieces believed to have been made in court kilns of the Qing Dynasty and the Ming Dynasty (1368-1644). News of the auction, which will be organized by Shanghai New Century Auction Company on September 10, has caught the attention of collectors and auctioneers worldwide, Wenhui Daily reported.

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PayPal no friend to online buyers

Monday July 24 by Claudia bourne
In the past three weeks, dozens of Yahoo! auction customers were cheated of at least $100 each by a scam artist selling computer hard drives. Most had used a third-party payment company named PayPal, which advertises itself as the safe and secure way to make payments in online auctions. So the victims were shocked to learn that PayPal the largest auction payments system, with 2.6 million users offered them none of the built-in consumer protection familiar to credit card users.

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