Crossword Genius

Abraham's nephew up for auction? (3)

Ross

I believe the answer is:

lot

I'm a little stuck... Click here to teach me more about this clue!

'abraham's nephew' is the definition.
(I've seen this before)

'up for auction?' is the wordplay.
'up' says the letters should be written in reverse (in down clue: letters go upwards).
'for' becomes 'to' (eg both can mean 'in the opinion of').
'auction?' becomes 'l' (I can't justify this - if you can you should give a lot more credence to this answer).
'to'+'l'='tol'
'tol' backwards is 'LOT'.

Can you help me to learn more?

(Other definitions for lot that I've seen before include "Kismet" , "Destiny - auction item(s)" , "Share - tons" , "Large amount; Abraham's nephew" , "Destiny; auction item" .)

I've seen this clue in the Sydney Morning Herald.
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