Dictionary
All-pay auction / American auction
The all-pay auction or American auction as it is known in Germany is a form of auction that is not legally permitted in Germany. In this sort of auction the object bid for is acquired by the last to have paid a previously set bid sum. The advantage: an object may be acquired at less expense. Disadvantage: all sums paid are lost, even if the bidder does not acquire the object. The American or all-pay auction form is particularly popular at events benefiting charities.
The all-pay auction or American auction as it is known in Germany is a form of auction that is not legally permitted in Germany. In this sort of auction the object bid for is acquired by the last to have paid a previously set bid sum. The advantage: an object may be acquired at less expense. Disadvantage: all sums paid are lost, even if the bidder does not acquire the object. The American or all-pay auction form is particularly popular at events benefiting charities.
Offers
Headquarters
Joseph-Wild-Str. 18
81829 Munich
Phone: +49 89 55 244-0
Fax: +49 89 55 244-177
info@kettererkunst.de
Louisa von Saucken / Christoph Calaminus
Holstenwall 5
20355 Hamburg
Phone: +49 40 37 49 61-0
Fax: +49 40 37 49 61-66
infohamburg@kettererkunst.de
Dr. Simone Wiechers / Nane Schlage
Fasanenstr. 70
10719 Berlin
Phone: +49 30 88 67 53-63
Fax: +49 30 88 67 56-43
infoberlin@kettererkunst.de
Cordula Lichtenberg
Gertrudenstraße 24-28
50667 Cologne
Phone: +49 221 510 908-15
infokoeln@kettererkunst.de
Hessen
Rhineland-Palatinate
Miriam Heß
Phone: +49 62 21 58 80-038
Fax: +49 62 21 58 80-595
infoheidelberg@kettererkunst.de
We will inform you in time.