Crossword Genius

Event at Sotheby's? (7)

Ross

I believe the answer is:

auction

(Other definitions for auction that I've seen before include "Public sale with lots" , "Public sale by bid" , "A lot will be seen in this" , "Caution about method of sale" , "Public sale at which bids are made" .)

I've seen this clue in The Guardian.
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