0
Anonymous Posted 17 years ago
Hello,
What does lot price mean here?
Its Hong Kong wine auctions, moreover, have the highest average lot price — roughly three times that in New York or London — because Christie’s puts only the rarest, most expensive vintage wines up for sale in the city, said David Elswood, Christie’s international head of wines.
Vocabulary
Lot price
Hello,
What does lot price mean here?
Its Hong Kong wine auctions, moreover, have the highest average lot price — roughly three times that in New York or London — because Christie’s puts only the rarest, most expensive vintage wines up for sale in the city, said David Elswood, Christie’s international head of wines.
Top answer
Not sure. Items for auction are often organized in groups, or lots. Perhaps it's possible to purchase or bid on the entire lot, as opposed to an individual item.
- Not sure.
- Items for auction are often organized in groups, or lots.
- Perhaps it's possible to purchase or bid on the entire lot, as opposed to an individual item.
- ) In general, the cost per item would be cheaper if you bought the whole lot, naturally.
- The thing that's special about your example is that these are one-of-a-kind items, and you'd need to know the seller's practices as regards selling the items separately versus selling the whole lot.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
1 Answers
0
Not sure. Items for auction are often organized in groups, or lots. Perhaps it's possible to purchase or bid on the entire lot, as opposed to an individual item. (Christie's is an auction house, right?)
In general, the cost per item would be cheaper if you bought the whole lot, naturally.
The thing that's special about your example is that these are one-of-a-kind items, and y
In general, the cost per item would be cheaper if you bought the whole lot, naturally.
The thing that's special about your example is that these are one-of-a-kind items, and y
0
Related Questions