Items Tagged with 'cashier'

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  • Luxury Auction Seeks 'Absolute' Market Value

    A five-bedroom, seven-bath luxury estate 25 minutes from Manhattan is set to hit the auction block on November 17 -- with no minimum bid required. This set-up, called an "absolute" auction, is meant to set the market value determined by a competitive bidding process. It eliminates minimum bids and reserves, meaning in theory the market could set the value at as little as $1, if only one lucky bidder shows.
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