Sale (7)

I think it could be either:

Which length description are you looking for?:

auction

'sale' is the definition.
(public sale)

This is the entire clue.

(Other definitions for auction that I've seen before include "Public sale to the highest bidder" , "Competitive sale" , "Offer to bidders" , "Caution about method of sale" , "Selling" .)

I've seen this clue in The Times.

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