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Bidding at an Art Auction

Participants are at an art auction, actively bidding on a highly sought-after piece. This involves understanding auctioneer's cues and making quick decisions.

Dialogue

Listen and follow along with the conversation

1
Auctioneer (Male)
Alright, ladies and gentlemen, we're now at lot number 27, "Sunset over the Harbour" by the renowned artist, Elara Vance. Starting bid at five hundred thousand dollars. Do I hear five hundred thousand?
2
Collector A (Female)
Yes, five hundred thousand! It's an exquisite piece. That brushwork is incredible.
3
Collector B (Male)
Five hundred fifty thousand! I've been eyeing this one for months. It would be a fantastic addition to my collection.
4
Auctioneer (Male)
Five hundred fifty thousand going once, going twice... Do I hear six hundred?
5
Collector A (Female)
Six hundred thousand! I can't believe the bidding is so fierce already.
6
Collector B (Male)
Six hundred fifty thousand! This piece's value is only going to appreciate. It's a solid investment.
7
Auctioneer (Male)
Six hundred fifty thousand! We have six hundred fifty thousand. Any further bids?
8
Collector A (Female)
Seven hundred thousand! This is my final offer. It's truly a masterpiece.
9
Auctioneer (Male)
Seven hundred thousand going once, seven hundred thousand going twice... Sold to the lady in the front, lot number 27, at seven hundred thousand dollars! Congratulations!
10
Collector A (Female)
Oh, wonderful! I'm so thrilled to have secured it. It was worth every penny.

Vocabulary

Essential words and phrases from the dialogue

renowned

Famous and respected, often used to describe well-known artists or experts.

exquisite

Extremely beautiful and delicate, perfect for describing art or fine objects.

brushwork

The technique or style of using a brush in painting, a key term in art discussions.

eying

Looking at something with interest or desire, like watching an item you want to buy.

fierce

Very intense or competitive, used for bidding wars or strong rivalries.

appreciate

To increase in value over time, especially for investments like art.

masterpiece

A work of outstanding artistry, the best creation by an artist.

secured

Successfully obtained or won, like getting an item at auction.

Key Sentences

Important phrases to remember and practice

Do I hear five hundred thousand?

This is an auctioneer's way to ask if anyone will bid that amount. It's a common phrase in auctions to encourage bids; use it in competitive buying situations.

Five hundred thousand!

A direct bid in an auction, stating the amount offered. Simple and imperative; intermediate learners can practice by using numbers with exclamation for emphasis.

It's an exquisite piece.

Praising an artwork as beautiful. Useful for compliments in art contexts; 'piece' refers to an artwork, and the structure is subject + linking verb + adjective + noun.

Going once, going twice... Sold!

Auctioneer's phrase to count down and finalize the sale. It's a rhythmic pattern that builds tension; repeat in formal sales to signal the end of bidding.

This piece's value is only going to appreciate.

Predicting that the artwork will increase in worth. Future tense with 'going to' for predictions; useful when discussing investments, emphasizing positive growth.

It's a solid investment.

Meaning it's a reliable way to make money. 'Solid' means dependable; this phrase is practical for business or financial talks about art collecting.

It was worth every penny.

Idiom meaning it was completely worth the cost. Past tense for reflection after purchase; use it to express satisfaction with a buy.