Provenance
Provenance is a significant part og the authentication process, provenance establishes the chain of ownership back (if possibe) to the date an item was created. Provenance can greatly impact the value of a lot.
Provenance is a significant part og the authentication process, provenance establishes the chain of ownership back (if possibe) to the date an item was created. Provenance can greatly impact the value of a lot.
This 'Glossary of Terms' – those commonly used in the realm of property auctions, is monitored and updated regularly to remain a current reference point.
If there are any terms that you have come across which we have not included here and you are unclear about, please do get in touch and we will be happy to provide you with a clear explanation and add the new term to our list.
For more information on buying or selling at a property auction, have a read of our guide to buying at auction.