This is the 15453rd most frequent German word.
versteigert
"Versteigert" means "auctioned" in English.
Here, "versteigert" is the past participle of the verb "versteigern" and describes the action of the vase being sold through an auction.
Die alte Vase wurde auf einer Auktion versteigert.
The old vase was auctioned off.
In this instance, "versteigert" represents the third-person singular present tense of "versteigern," indicating the ongoing action of auctioning an item.
Er versteigert seine Sammlung seltener Bücher online.
He is auctioning his collection of rare books online.
Here, "versteigert" is used in the context of a past event, similarly forming part of the passive construction to describe what happened to the artwork.