The $18 liquid lipsticks, on the other hand, had bidding prices from $10 to $100.
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The fact that the sale was for charity helped boost the bidding prices, according to the auctioneers.
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Those running YouTube video ads will be able to set specific bidding prices for the TV viewers, as well as each of the other device type categories (such as computer, mobile phone, or tablet).
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Vanke has already acquired 28 plots of land in January and February this year - 5 in China's tier-one cities - mostly through joint ventures with local developers in order to lower competition and bidding prices.
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While Hong Kong's No.423 property developer by market value will continue to invest in the property markets in the city and mainland China, it will likely be more conservative with its bidding prices, Ma told a small group of reporters.
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Residents say offshore buyers are bidding prices up, prompting British Columbia's Liberal government last year to impose a 15 percent tax on those buyers, even though the party received nearly $13 million in political donations from property developers, its top source of contributions.
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Three days earlier on August 10, the second-tier city of Taiyuan in northern Shanxi province aborted eight auctions in what was expected to be its largest land sale in years, as bidding prices for two parcels failed to meet the minimum requirement and there were no bids for the other plots.
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A diagram presenting the argument for free prices Rather than prices being set by the state, as in a command economy with a fixed price system, prices are determined in a decentralized fashion by trades that occur as a result of sellers' asking prices matching buyers' bid prices as a result of subjective value judgement in a market economy. Since resources of consumers are limited at any given time, consumers are relegated to satisfying wants in a descending hierarchy and bidding prices relative to the urgency of a variety of wants. This information on relative values is communicated, through price signals, to producers whose resources are also limited. In turn, relative prices for the productive services are established.
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Within five years, Copeland decided it was time to sell his card collection; he chose to sell his entire 873-piece collection in a single sale, through Mastro. Mastro contacted Sotheby's, the renowned New York auction house, and asked them to accept the Copeland memorabilia collection on consignment. Sotheby's advertised Copeland's items as the "Copeland Collection of Important Baseball Cards and Sports Memorabilia" to attract hobbyists and other potential clients. The March 1991 auction attracted nearly 800 collectors who were interested in purchasing some of Copeland's rare memorabilia. The bidding prices far exceeded the pre-auction estimates, as a 1952 Topps Mickey Mantle card sold for $49,500, more than three times the initial pre-auction price estimate.O'Keeffe and Thompson, p46. Pre-auction estimates placed Copeland's T206 Honus Wagner at a price of $114,000. Within minutes of the opening bid for the T206 Wagner card, the highest bidder had put down $228,000, twice the pre-auction estimate.
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