Rare copy of 'Super Mario 64' video game sells at auction for $1.56 million
How's this for a high score: a rare copy of the Nintendo 64 video game "Super Mario 64" sold at auction for $1.56 million.
Jul 12, 2021
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Consumer & Gadgets
News tagged with auction
Business
Beeple, the artist behind $69M NFT auction, unveils website where you can buy moments as NFT collectibles
Earlier this year, digital artist Mike Winkelmann, commonly known as Beeple, made headlines after Christie's auctioned his artwork as an NFT for $69 million.
Jun 24, 2021
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Business
First-ever NFT sells for $1.47 mn at auction
The first non-fungible token (NFT) ever created sold at auction on Thursday for $1.47 million, Sotheby's said, the latest sale in the technological revolution sweeping the art market.
Jun 10, 2021
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Business
Europe bids to join NFT art auction craze
Europe has joined the craze for NFTs, virtual art pieces inspired by cryptocurrencies that turn the impermanence of the internet into a prized collector's item to be bought and sold like a Rembrandt.
May 20, 2021
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Business
Auction houses Sotheby's, Phillips latest to join NFT craze
Sotheby's and Phillips launched so-called NFT auctions on Monday, a month after Christie's sold a digital artwork for $69.3 million, as traditional auction houses seek to capitalize on the craze shaking up the art market.
Apr 12, 2021
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Consumer & Gadgets
Unopened Super Mario Bros. game from 1986 sells for $660,000
An unopened copy of Nintendo's Super Mario Bros. that was bought in 1986 and then forgotten about in a desk drawer has sold at auction for $660,000.
Apr 3, 2021
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Business
New York Times digital 'NFT' article sells for $563,000
A New York Times columnist on Thursday sold one of his articles in digital form for $563,000, the latest example of the craze surrounding "non fungible tokens," which collectors are snapping up.
Mar 25, 2021
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Business
Bitcoins under the hammer in France
Governments might look askance at bitcoin, but it does not mean they do not want to cash in on its soaring value and France is set to pocket nearly $30 million from its first-ever action of the cryptocurrency, a minister ...
Mar 17, 2021
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Telecom
Next 5G auction to feature large tracts sought by carriers
Regulators decided the next U.S. 5G airwaves auction will offer frequencies in portions covering millions of people, a plan backed by wireless giants thirsty for spectrum and opposed by cable providers leery of expensive ...
Mar 17, 2021
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Vintage Super Mario Bros. video game sells for $114,000
An unopened copy of a vintage Super Mario Bros. video game has been sold for $114,000 in an auction that underscored the enduring popularity of entertainment created decades ago.
Jul 12, 2020
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Auction
An auction is a process of buying and selling goods or services by offering them up for bid, taking bids, and then selling the item to the highest bidder. In economic theory, an auction may refer to any mechanism or set of trading rules for exchange.
There are several variations on the basic auction form, including time limits, minimum or maximum limits on bid prices, and special rules for determining the winning bidder(s) and sale price(s). Participants in an auction may or may not know the identities or actions of other participants. Depending on the auction, bidders may participate in person or remotely through a variety of means, including telephone and the internet. The seller usually pays a commission to the auctioneer or auction company based on a percentage of the final sale price.
This text uses material from Wikipedia, licensed under CC BY-SA
