(Mishnah): If Beis Din assessed property (to sell to feed the orphans or widow) for a sixth more or less than the actual value, the sale is void;

R. Shimon ben Gamliel says, the sale stands. If so (it were void), Beis Din would be weak!

If a letter of Bikores (that the property is for sale) was made, even if property was sold for double or half the value, the sale stands.

(Gemara): Just like you say about a commoner, for land, [there is no Ona'ah] until [the overcharge] is a third, and for Metaltelim until a sixth, and correspondingly in Hekdesh, for land until it is a sixth, and for Metaltelim until a 12th.

(Mishnah): The Hachrazah (period during which Beis Din publicly announces that they are selling property) of orphans is 30 days. The Hachrazah of Hekdesh is 60 days, and [Beis Din] announces in the morning and evening.

Question: Why is it 30 [days for orphans]?

Answer: It is in order to give the orphans greater power (perhaps they will get a better price).

Question: They should announce more!

Answer: Until 30, you give to them greater power. From now and onwards, you weaken their power. (When buyers see that no one is offering more, they will retract from their previous offers.)

Question: They should say so (30 days also) for Hekdesh!

Answer: Hekdesh is different, for you seize every first [anyone who offers more than all before him cannot retract, unless someone offers more].

Question: They should announce without end! (Hekdesh can only gain!)

Answer: It suffices for Hekdesh to be twice as long as a commoner.

Inference (R. Yudan): Since you say that Hekdesh is different, for you seize every first one, this teaches that [for orphans, the highest bidder can retract, so] if they find [one who agrees to give like] their assessment, they do not return to announce [more, rather], we finalize (he gets it).

They announce in the morning and evening, when workers go out to and return from work. They say the field and its Simanim (borders).

(R. Yosi): [The Mishnah is when] they did not find [one who agrees to give like] their assessment. [If they found, immediately] we finalize (without further announcement).

Support (Mishnah): If Beis Din assessed property for a sixth more or less than the actual value, the sale is void;

Inference: It is because they deducted from or added [to the actual value], but if they found [like] their assessment, we finalize.

Question (R. Chananyah, to R. Mana): Why do you say that [our Mishnah] discusses when they did not announce? (Perhaps it is only after they announced!)

Answer (R. Mana): It is from the Seifa 'unless they made a letter of Bikores.

Question: What is a letter of Bikores?

Answer (R. Yudah bar Pazi): It is announcement.

(Beraisa): Male and female slaves, documents and Metaltelim do not have letters of Bikores.

(Ula bar Yishmael): Slaves [do not have letters of Bikores] lest they flee [if they know that they are being sold]. Documents and Metaltelim do not, lest they be stolen.

Question (R. Ba bar Kohen, to R. Yosah): Does this not teach that slaves are redeemed through three? (If they needed 10, this would cause publicity, and they would flee!)

Answer (R. YosI): You are correct.

Question (R. Ba bar Kohen): A Mishnah teaches that Pidyon of land needs nine and a Kohen, and a person is like [land]!

Answer (R. Yosah): The person here [in our Mishnah] is a free man. (He requires 10. There is no concern lest he flee.)

(Chananyah bar Shalmiyah citing Rav Acha): A case occurred in front of Rebbi, and he wanted to rule like Rabanan (who say that if Beis Din erred in their evaluation, the sale is Batel);

R. Lazar ben Parta, the grandson of R. Lazar ben Parta (to Rebbi): Didn't you teach us in the name of your grandfather that if so, Beis Din's power is not strong?!

[Rebbi] accepted this, and retracted and ruled like R. Shimon ben Gamliel (the sale stands).