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have been auctioning

  • present perfect progressive
    of auction.
    auction
    noun
    a publicly held sale at which property or goods are sold to the highest bidder.

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Sotheby’s and Christie’s have been auctioning drawings for more than 200 years and somehow this remains one of the few “connoisseurial” collecting areas that has survived the vagaries of 21st-century art-buying fashion.

From New York Times Jul. 20, 2014