Floor Auction with live bidding
The floor auction with live bidding is an innovative form of auction format that makes it possible to take part in the auction both in person and online and to optimise the process of selling coins and medals. During a floor auction with live bidding, the auctioneer acts as the central figure, presenting the lots and accepting bids. Bidders in the room have the opportunity to place their bids in person, while online participants can bid live via a special online platform. Live bidding allows them to bid on the items in real time and take part in the auction process. This type of auction combines the benefits of the face-to-face experience of an floor auction with the flexibility and reach of online bidding. It gives buyers the opportunity to participate in auctions regardless of their location, allowing auction houses to reach a wider audience and maximise bidding competition.