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Answer for the clue "The public sale of something to the highest bidder ", 6 letters:
vendue

Word definitions for vendue in dictionaries

WordNet Word definitions in WordNet
n. the public sale of something to the highest bidder [syn: auction , auction sale ]

Wiktionary Word definitions in Wiktionary
n. A public sale.

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
Vendue \Ven*due"\, n. [OF. vendue, from F. vendre, p. p. vendu, vendue, to sell.] A public sale of anything, by outcry, to the highest bidder; an auction. [Obsoles.] Vendue master , one who is authorized to sell any property by vendue; an auctioneer. [Obsoles.] ...

Douglas Harper's Etymology Dictionary Word definitions in Douglas Harper's Etymology Dictionary
"public sale, auction," 1680s, from Dutch vendu , from obsolete French vendue "sale, selling price," from vendre "to sell," from Latin vendere (see vend ).

Usage examples of vendue.

To sell them at vendue, is to give them to the bidders of the day be they many or few.

We tried to trade him off at private vendue next, offering him at a sacrifice for second-hand tombstones, old iron, temperance tracts--any kind of property.

Among the assets of the Bolton property, the Ilium tract was sold, and Philip bought it in at the vendue, for a song, for no one cared to even undertake the mortgage on it except himself.