auction block

Also called block. a platform from which an auctioneer sells: the old courthouse where slaves were sold from the auction block.
put on the auction block, to offer for sale at auction; offer to sell to the highest bidder. Also, put on the block.

1840–50, Americanism Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Example sentences
Small firms, meanwhile, are eager to step up to the auction block.
The wood products company put itself on the auction block last winter, and the
  proposed sales were announced earlier this month.
His race cars and aircraft are headed to the auction block, with proceeds going
  to a trust he created.
Almost everybody thinks some things ought not go on the auction block.
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