Definify.com

Webster 1913 Edition

Noun.

A periodical sale of ore in the English mining districts; – so called from the tickets upon which are written the bids of the buyers.

ticketing ‎(plural ticketings)

The issuing or selling of tickets
(Britain, mining, dated) A periodic sale of ore in the mining districts, in which buyers wrote their bids upon tickets.

issuing or selling of tickets