Auction Ends: Mar 1, 2007 10:00 PM EST

Food

Coffecakes.com

Item Number: 289

Estimated Value: 20 USD
Sold: 17 USD to jheuler

Number of Bids: 4 - Bid History

Item Description

Sample the gourmet baked goods, organic fair trade coffee and accessories, specialty tea and unique gifts of Coffeecakes.com with a $20 gift certificate and 10% off coupon to be used for the treat of your choice!

Donated By:

Yvonne Demory

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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.

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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

If the current high bid is $1.00, and you entered a straight bid of $15.00, you’re now the current high bidder at $15.00.

Reserve Price

The Reserve is the minimum amount the organization is willing to sell the item. If the reserve isn't met by the end of the auction, then this item will not be sold.

Bid Extension

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.

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