Auction Ends: Feb 1, 2016 04:00 PM EST

Classroom Projects

Classroom Project - Ms. McAlduff

Item Number: 262

Estimated Value: Priceless

Live Event Item

This is a Live Event Only item.

Item Description

Nature art - sticks wrapped in colorful yarn and arranged to create beautiful hanging wall art. Created by Ms. McAlduff's 3rd grade.

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The goal of proxy bidding is for you to win the auction at the lowest possible price. Your maximum bid is only placed when another bidder also bids up to that amount or when the reserve price is equal to or greater than your maximum bid.

Bids will increase based on the bid increment set for the auction. Therefore, the current bid will equal the former bid plus the bid increment.

Example

An item’s current bid is $3.00, and the bid increment is $0.10. Jane chooses automatic bidding and enters a maximum bid of $6.00, so Jane becomes the high bidder and the current bid reads $3.10.

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Example

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The auction closing time on an item will be extended by 5 minutes each time a new bid is placed during the last 5 minutes of an auction. The item's closing time will continue to extend in 5 minute increments as long as there is continued bidding. The item will automatically close when there is a 5 minute extension period with no new bids.

Live Event Items

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