Auction Ends: Mar 12, 2010 11:00 PM EST

Jewelry

Tiffany Magnolia Pin from the Metropolitan Museum of Art

Item Number: 311

Estimated Value: 95 USD
Sold: 70 USD to sophie96

Number of Bids: 10 - Bid History

Item Description

Tiffany Magnolia Pin from the Metropolitan Museum of Art. Louis Comfort Tiffany was one of America's most noted decorative artists at the turn of the century. Son of the founder of the silver and jewelry firm Tiffany and Company of New York, he began his career in interior decoration. This collection of Magnolia jewelry is crafted from sterling silver and enamel.

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Proxy Bid

Proxy bidding places bids on your behalf at the lowest possible increments. Simply enter your maximum bid (the highest amount you are willing to pay).

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.

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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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