The Ring and the Books
Abstract
Do you see this ring?
~Robert Browning, The Ring and the Book (1868)
Thou shalt not ever bid on anything
When it’s so lucrative to form a ring.
~Ian Jackson, An Antiquarian ABC (1998)
In the auction trade, a “ring” refers to a group of buyers who collude before a sale to keep prices down by agreeing not to compete against one another. When the sale is over, all of the items that have been “ringed” are then reauctioned (the “knockout”) among the members of the ring in a private setting, and each more or less gets what he or . . .
Full Text:
PDF
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
Article Views (By Year/Month)
| 2025 |
| January: 10 |
| February: 10 |
| March: 15 |
| April: 16 |
| May: 13 |
| June: 8 |
| July: 12 |
| August: 21 |
| September: 15 |
| October: 19 |
| November: 18 |
| December: 5 |
| 2024 |
| January: 0 |
| February: 2 |
| March: 1 |
| April: 3 |
| May: 0 |
| June: 0 |
| July: 0 |
| August: 0 |
| September: 1 |
| October: 24 |
| November: 0 |
| December: 0 |
| 2023 |
| January: 0 |
| February: 2 |
| March: 0 |
| April: 1 |
| May: 7 |
| June: 0 |
| July: 3 |
| August: 0 |
| September: 0 |
| October: 0 |
| November: 1 |
| December: 0 |
| 2022 |
| January: 2 |
| February: 6 |
| March: 13 |
| April: 1 |
| May: 0 |
| June: 0 |
| July: 1 |
| August: 1 |
| September: 0 |
| October: 1 |
| November: 1 |
| December: 0 |
| 2021 |
| January: 2 |
| February: 1 |
| March: 1 |
| April: 1 |
| May: 1 |
| June: 1 |
| July: 1 |
| August: 2 |
| September: 32 |
| October: 3 |
| November: 0 |
| December: 2 |
| 2020 |
| January: 1 |
| February: 1 |
| March: 2 |
| April: 1 |
| May: 2 |
| June: 1 |
| July: 1 |
| August: 3 |
| September: 17 |
| October: 1 |
| November: 1 |
| December: 1 |
| 2019 |
| January: 1 |
| February: 1 |
| March: 1 |
| April: 1 |
| May: 1 |
| June: 2 |
| July: 1 |
| August: 3 |
| September: 30 |
| October: 3 |
| November: 2 |
| December: 3 |
| 2018 |
| January: 2 |
| February: 2 |
| March: 1 |
| April: 1 |
| May: 1 |
| June: 2 |
| July: 0 |
| August: 5 |
| September: 18 |
| October: 2 |
| November: 4 |
| December: 1 |
| 2017 |
| April: 0 |
| May: 0 |
| June: 1 |
| July: 1 |
| August: 3 |
| September: 9 |
| October: 0 |
| November: 1 |
| December: 1 |