Auctions in ancient Greece

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Auctions in ancient Greece were events in which goods were sold through an open bidding process. Participants competed by offering higher bids, with the highest bidder ultimately acquiring the goods.^[1] Two primary categories of auctions existed: public auctions, which involved the sale of state-owned goods, and private auctions, which involved the sale of goods owned by individuals, with the seller's identity often kept confidential.^[1] Items commonly auctioned included land, rights to collect taxes, enslaved individuals, confiscated goods, and inheritances.^[1]