auction
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auction
A public sale event in which goods or services are sold to the person who makes the highest bid.
Das Kunstwerk wurde bei einer Auktion für einen Rekordpreis versteigert.
The artwork was auctioned off at an auction for a record price.
In connection with 'Auktion' (auction), two verbs are central: 'versteigern' (to sell something at auction) and 'ersteigern' (to buy something at auction).
Das Auktionshaus versteigert nächste Woche seltene Briefmarken.
The auction house is auctioning off rare stamps next week.
To describe the place where something happens, the preposition 'bei' with the dative is usually used. Sometimes you also hear 'auf'.
Bei der Auktion wurden hohe Preise erzielt.
High prices were achieved at the auction.
Common combinations are 'eine Auktion veranstalten' (to hold an auction) or 'etwas zur Auktion bringen' (to put something up for auction). You can also speak of an 'Online-Auktion' (online auction) or a 'Kunstauktion' (art auction).
Der Erlös der Auktion wird für einen guten Zweck gespendet.
The proceeds from the auction will be donated to a good cause.
auction
Die Auktion and die Versteigerung both refer to a public sale in which the item is sold to the person who makes the highest bid. Auktion is the more common and often institutional term, while Versteigerung describes the process or event more vividly. In many everyday situations, either word is possible.
Bei der Auktion wurde das alte Gemälde an die meistbietende Person verkauft.
At the auction, the old painting was sold to the highest bidder.
Bei der Versteigerung wurde das alte Gemälde an die meistbietende Person verkauft.
At the auction, the old painting was sold to the highest bidder.
