Five day auction, no reserve.

ENGADGET: PlayStation 3 charity auction -- 4 days left!

On December 11, 2012, Glenfiddich will partner with The World Resources Institute (WRI), for the final auction of Janet Sheed Roberts Reserve in Los Angeles.

FORBES: Record-Breaking Single Malt Whisky Auction December 11

Halahmy agreed to host a show and silent auction for the smuggled works with reserve prices set by the artists.

FORBES: Smart Collecting

They left out works put up for auction that failed to fetch their reserve price the auctioneer's lowest acceptable bid for the work.

ECONOMIST: The art market

Too many auction lots change hands under low reserve price points.

FORBES: When And Why The Market Makes New Highs

To help relieve the pressures in the interbank markets, the Federal Reserve among other actions recently introduced a term auction facility (TAF), through which prespecified amounts of discount window credit can be auctioned to eligible borrowers, and we have been working closely and cooperatively with other central banks to address market strains that could hamper the achievement of our broader economic objectives.

NPR: Economic Swoon to Continue, Bernanke Says

Since July this year, Art Auction Guarantee, a company founded in 2011, have offered buyers of art at auction a guarantee that, for a percentage of the acquisition price (5% to 7.5%), they will get back what they paid for the piece if it is resold at auction after two years or more and fails to make the reserve price.

FORBES: Can You Take the Risk Out of Buying Art?

It was the second time the site was up for auction after United Utilities tried to sell it last year but the reserve price was not met.

BBC: Clayton-le-Moors reservoir

The borough said it would now consult with the Museums Association and Arts Council England on whether an auction was the best way forward, subject to the statue reaching its reserve price.

BBC: Statue of Sekhemka