Auction during Chol HaMoed

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Question

A rare item was offered for auction in Israel during the days of Chol HaMoed. It might be sold at an interesting price, making it a good commodity to sell on weekdays (this is not my profession, but I do it occasionally, and it supports our livelihood). Is it permissible to participate in the auction during Chol HaMoed for the item? Is it permissible to make a bid before the holiday, with the final amount determined only during Chol HaMoed after everyone has made their bids?

Answer

Shalom and blessings

It is permissible to make a bid during Chol HaMoed if it is required to secure the purchase.

Anything that cannot be done at another time, and if not done during the festival will result in a loss, is permitted.

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