auctions

Tom Scott explains the famous Dutch flower auction clock at Royal FloraHolland in Aalsmeer, a literal Dutch auction, and how the internet changed it. It is a short look at how the system worked then and now.

A Wendover Productions video on how the art market works, arguing that prices are driven by wealth, storage and tax mechanics rather than artistic value.

Karl Jobst investigates the retro video game bubble, examining who caused it, who profits, and how graders and auction houses like Wata Games and Heritage inflate prices. It runs almost an hour.