Auction houses; a term used for companies that assist with both buying and selling of items as well as the place in which an auction will take place. Since the first auction house opened in Sweden in 1674 they have grown in popularity and can now be found in the majority of countries around the world. In particular, auction houses have become common across the entirety of the United States. Some auction houses only buy and sell specialty items such as art works while others have a broader … [Read more...]