HiBid Ends Record-Breaking Year, Surpassing $1.57 Billion In Sales With Over 17 Million Lots Sold

OCALA, Fla., Jan.
Author:
Publish date:

OCALA, Fla., Jan. 12, 2021 /PRNewswire/ -- The HiBid.com auction platform broke numerous records in 2020 for sale, lot, and bidder totals, facilitating the sale of more than $1.57 billion (gross auction proceeds) in assets for the year. In all, over 17 million lots were sold in 2020 through over 50,000 auctions, and during one period lot totals were up more than 100% year-over-year compared to 2019. In an all-time record for the auction site, the number of individual registered bidders using HiBid.com topped 4.2 million.

In a record for the auction site, the number of individual registered bidders using HiBid.com topped 4.2 million.

 HiBid supports webcast auctions, internet-only auctions, and absentee bidding. HiBid works seamlessly with Auction Flex, a comprehensive auction management platform.

2020 HiBid.com HighlightsGross auction proceeds: $1.57+ billionGross merchandise volume: $2.86+ billionLots sold: 17+ millionOnline-only auctions: 46,000+Webcast auctions: 4,100+

Auctioneer HighlightsThe following list features some of the top-selling HiBid auctioneers for 2020 as well as their most current events.

Affordable CreationsCurrent event: Distressed Manufacturers' Close-Out Jewelry Auction Dates: January 11th-18th, 2021Lots: 1,454Featured: This auction includes hundreds of gold and silver earrings, necklaces, and rings with diamonds and other gemstones in a wide range of designs.

Aiken Vintage AuctionsCurrent event: Super Sunday Auction Featuring Fine Jewelry, Antiques & Cars Dates: January 11th-17th, 2021Lots: 253Featured: A 2018 Ferrari 488 GTB sports car, a 1955 Chevrolet Cameo, and a diamond-studded ROLEX ladies' watch are among the various lots for sale in this auction.

American Jewelry & Cola Auction LLC (A.J.C.A.) Current event: Fine Jewelry & Coin Auction Dates: January 6th-13th, 2021Lots: 646Featured: This online-only auction includes an eclectic mix of diamond jewelry, luxury watches, gold pendants, mint-condition coins, and other fine collectibles. Apple Auctioneering Co. Current event: U.S. Treasury Online Auction Dates: January 11th-19th, 2021Lots: 46Featured: Many vehicle types are represented in this auction, including a 2019 McLaren 5705, a 2019 Ford F-150 Raptor, and a selection of ATVs, vans, buses, and more.

Gold Standard Auctions Current event: Miami Businessman Rare Coin Estate Sale Date: January 16th, 2021Lots: 510 Featured: In part 7 of an ongoing event, this auction includes a wealth of gold, silver, and other coins, including a 1907 $10 Gold Eagle and a 1922 $20 Gold Double Eagle, both uncirculated.

Kraft Auction Service Current event: 44th Anniversary Antique & Collectible Auction Dates: January 14th-17th, 2021Lots: 5,503Featured: This colossal live webcast auction includes western artwork and wood carvings, antique clocks and phonographs, vintage furniture, and much more.

Texas Restaurant Equipment Auction Current event: Logan's Restaurant AuctionDates: December 26th, 2020- January 17th, 2021Lots: 446Featured: Booths, tables, chairs, condiment stands, bar signs, drinkware, dinner plates, and a large variety of kitchen supplies are among the many lots for sale in this online-only auction.

United Country Real Estate Current event: Owensboro, Kentucky, Country HomeDates: December 22nd, 2020- January 18th, 2021Lots: 1Featured: United Country conducts live and online real estate auctions throughout the year, including this one for a 3-bedroom country home in Owensboro, Kentucky.

Vail International, Inc. Auctioneers Current event: Vail International Online-Only AuctionDates: December 9th, 2020- January 23rd, 2021Lots: 1,338Featured: In this collectors' treasure trove of an auction, lots include a 1986 FLEER Michael Jordan rookie card in mint condition.

Buying & Selling with HiBid.comIf 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 & Auction FlexHiBid is an online auction platform supporting webcast auctions, internet-only auctions, and internet absentee bidding. It is available as both a private-label solution and a portal. HiBid is integrated with Auction Flex, the market leader in auction software for live auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex were built from the ground up to function together seamlessly. They are products of Sandhills Global, the technology company behind AuctionTime.com and numerous construction, agriculture, commercial trucking, and aviation industry-focused brands.

Contact Us352-414-1947  sales@auctionflex.com

View original content to download multimedia: http://www.prnewswire.com/news-releases/hibid-ends-record-breaking-year-surpassing-1-57-billion-in-sales-with-over-17-million-lots-sold-301206880.html

SOURCE HiBid & Auction Flex