Auctions have been a part of our culture for over 2500 years and have a long, sordid history. The first recorded auction was held in 500 B.C. to sell marriageable women; the most attractive women were put up for auction first, akin to a Maxim top ten list. Auctions evolved throughout the years, being used to sell slaves and spoils of war, and eventually grew to include livestock and other items. In modern western civilization, auctions were a convenient way for individuals to sell their … [Read more...]