Overstock.com has discontinued its auction affiliate program. Overstock.com spokesperson Jared Matkin said the reasons for the program’s termination were the high rate of non-paying bidders that were generated by affiliate traffic, and that overall, the affiliate program was contributing roughly 1 percent of auction sales.

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In an overnight auction run by the U.K. takeover regulator, India-based Tata’s 608 pence-a-share bid edged out a final bid of 603 pence a share from Brazilian steelmaker Companhia Siderurgica Nacional (SID), or CSN.
The move establishes the world’s fifth-largest steel maker by output.
In a statement later Wednesday in London, Tata said it expects, subject to [...]

In what could be the most valuable sale they have ever staged in Europe, auctioneers Sotheby’s said on Wednesday they expect to raise more than 100 million pounds ($195 million) from an Impressionists’ auction next week.
Many of the works have not been offered on the market for many years and among the highlights of Monday’s [...]

The first Rolls-Royce Phantom drophead coupé destined for the United States has been sold for $2–million at a charity auction during the annual Naples Winter Wine festival.
More than $1.6-million will go to the Naples Children and Education Foundation which supports charitable and educational programmes to improve the physical, emotional and educational lives of underprivileged or [...]

[ May 5, 2007; ] The Worldwide Group auction house says the 1964 model Cadillac hearse will be on the block May 5th at the Houston Classic Auction in Seabrook, Texas. It transported Kennedy’s body from Parkland Memorial Hospital in Dallas to Air Force One.

Hearse distributor Ardeen Vaughan has resisted selling the JFK hearse for 4 decades. Now he’s planning [...]

Four tickets to Friday’s Australia v England daynighter at the Sydney Cricket Ground were for sale on eBay for a paltry £8.
Given that each ticket was bought for a face value of more than £20, the seller was accepting a 90 per cent reduction.

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Eftis Paraskevaides, 50, a Greek Cypriot who lives in Godmanchester, was suspended from the hospital after fears were expressed about his work.
He has since become a top eBay trader – earning some £1.4million a year from the site – but now allegations have linked him “shill bidding”, bidding to raise the price of goods [...]

[ March 15, 2007; ] A Maori war club and a collection of Victorian pot lids are to go under the hammer in Edinburgh as part of an auction of 550 curiosities.

The unusual objects, which were collected by stonemason Norris Wood over a 55-year period and have been on display in Orkney since the 1960s, are to be auctioned off [...]

Carlow and Kilkenny property agents, FitzGerald Auctioneers and Liberty Estates have joined forces to create the Agents Network. The natural links between the south-east’s premier commercial centres have been strengthened by this innovative new venture, which according to David Fitzgerald aims to provide a new level of customer service to vendors by making their property [...]

Period antiques from the southernmost province of Ca Mau entered the first auction in Amsterdam, the Netherlands, on January 29, said the provincial People’s Committee.
The three-day auction will sell over 76,000 objects retrieved from a sunken ship. The antiques were mostly Chinese products made under the Qing dynasty during the 1723-1735 period.
Porcelain dishes, pots and [...]