Auction Ends: Jul 8, 2015 12:00 AM EDT

Art

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Tara the Elephant

Item Number: 108

Estimated Value: 800 USD
Sold: 250 USD to Rosemcnal

Number of Bids: 1 - Bid History

Item Description

By Arrin Freeman

20 x 20 Acrylic on Canvas

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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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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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