How many "NO SALES" is an auctioneer allowed during an absolute auction?

In an absolute auction, the auctioneer is mandated to sell the item to the highest bidder without any reserve price or minimum bid requirements. This means that the auction must result in a sale, regardless of the final bid amount. Consequently, the concept of "NO SALES" is not applicable in the same way as it is in a reserve auction, where a seller can decline to sell if the bids do not meet a specified threshold.

While the term "NO SALE" might suggest that the auctioneer has the option to cancel the auction if certain conditions aren't met, in an absolute auction context, a limited number of "NO SALES" does not quite fit the nature of this type of auction. Typically, auctioneers strive to avoid any "NO SALES" at all during an absolute auction since the very essence of this auction is to ensure items are sold.

It is, however, important to understand that there are generally no restrictions on the number of times an item may fail to sell during various auction formats, but absolute auctions specifically imply that all items must be sold without the auctioneer having the option to declare "NO SALE." This is why the understanding of the nature of absolute auctions leads to the notion that multiple "NO SALES" isn't a criterion that