Auction Ends: Apr 12, 2007 11:59 PM EDT

Collectibles

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100-Percent Pure Silk "Prayer Rug"

Item Number: 112

Estimated Value: 900 USD
Sold: 350 USD to Live Event Bidder

Number of Bids: 1 - Bid History

Live Event Item

After the online close, this item went to a Live Event for further bidding.

Item Description

From Abu Dhabi, this 100 percent silk, 22" x 31.25" rug is a colorful mixture of burnt orange, cream, blues, greens, and browns. Rug comes with certificate of origin and is ready for hanging.

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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

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Reserve Price

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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

Further bidding will take place for this item during a live auction after online bidding is closed.

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