The book of trades; or, Familiar descriptions of the most useful trades, manufactures, and arts practised in England : and the manner in which the workmen perform their various employments.
(undated, inscribed 1829)
The auctioneer., p. 6
6 THE AUCTIONEER. THE business of an Auctioneer is to sell by Auction certain Lands, Houses, House- hold Furniture, or other Effects, which may be consigned to him for Public Sale. The Romans, by whom it appears Sales were first instituted, originally performed it under a spear, which was stuck up on that occasion, when the public Crier came forward and offered the Goods, attended by a Magistrate, who was bound to see them safely delivered to the highest bidder. In England, sales have become very common of late years; which may be principally owing to the nu- merous Bankrupts that have appeared in the Gazette. The Auctioneer generally pro- ceeds by first taking an inventory of all the goods, which he afterwards puts in Lots, which are described by a printed Catalogue. The Sale is most frequently Advertised in the public Newspapers. On the commence- ment of it, the Auctioneer ascends a pulpit erected at the end of a spacious Room, where he reads the conditions, and then proceeds to sell to the highest bidder, who is bound to take his purchase, or forfeit a certain deposit: when this occurs, the lot is gene- rally put up again and re-sold, and the de- ficiency made good by the defaulter.
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