Library auction is new chapter

Here\’s an interesting concept. Holding an auction (online and off) for a library building. The article from the Chicago Sun Times says that this may have been the first time a library building was auctioned live and over the Internet.


\”The winning bid of $238,000 came from ophthalmologist Ken Melchionna of Lake in the Hills, who bid on the property the traditional way, by flashing a marker in front of the auctioneer. He plans to open an eye care center on the site.\”

Here\’s an interesting concept. Holding an auction (online and off) for a library building. The article from the Chicago Sun Times says that this may have been the first time a library building was auctioned live and over the Internet.


\”The winning bid of $238,000 came from ophthalmologist Ken Melchionna of Lake in the Hills, who bid on the property the traditional way, by flashing a marker in front of the auctioneer. He plans to open an eye care center on the site.\”



\”With soft guitar music playing in the background and bidders at times reading the paper, Thursday\’s auction of the former Huntley Public Library building was nothing like the high-pressure go-rounds at Sotheby\’s or Christie\’s.\”

\”Instead, most in attendance sat fixated on a Web page \”projected on a large screen at the front of a room in the new library building.\”

\”When time ran out on the bidding, the auctioneer did not have to utter the traditional lines: Going once, going twice, sold. It was clear from the projected bids on the screen who won.\”

\”Despite its low-key nature, organizers were proclaiming success for what may have been the first auction of a public library conducted simultaneously live and over the Internet.\”

\”We are very excited,\” said Roslyn Mollica, president of the library board in the northwest suburb. \”Anybody in the world could have bid for this building.\”