What is one common method of selling items at tobacco auctions?

Basket offerings are a common method used at tobacco auctions because they allow for the sale of multiple items grouped together, rather than individually. This method can be particularly effective in the tobacco market, where it might be advantageous to sell different types or grades of tobacco in one cohesive lot. By bundling items, sellers can appeal to buyers looking for variety or aiming to purchase in larger quantities, thus possibly maximizing their returns.

In contrast, sealed bids and set pricing are less typical for auctions, as these methods do not involve the competitive bidding environment that is hallmark to auction settings. Sealed bids are more straightforward and can lack the dynamic interaction that auctions provide. Online listings, while increasingly popular in various sales contexts, may not be as widely used in traditional tobacco auctions, which often preserve in-person bidding practices to maintain the auction format's excitement and competitive nature.