The History and Evolution of The Auction Industry

Prior to the seventeenth century, the few auctions that were held were sporadic. That being said, auctions have a long history, dating back and recorded as early as 500 B.C. Herodotus was a Greek historian who was born in Halicarnassus in the Persian Empire (modern-day Bodrum, Turkey)  also referred to as the father of history, claimed…