Auction Ends: Feb 22, 2011 07:00 PM EST

Priceless

Lower School -- Head of 3 p.m. Carpool Line Privilege

Item Number: 107

Estimated Value: Priceless
Sold: 1500 USD to marlojohn

Number of Bids: 1 - Bid History

Item Description

Always running late? Do you end up at the end of the carpool line every day? If so, this is the perfect item for you! The winning bidder will receive head-of-the-line privileges during the 2011 – 12 school year. Your spot at the head of the line will be marked with an official Mosaic Auction sign so you can easily pull into your spot, no matter how late you are running!

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Proxy Bid

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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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Enter an amount higher than the current winning bid (displayed on the auction page as "Leading Bid"), and click on the "Bid this exact amount" radio button below the bid you just entered. Then click the "Place Bid" button. The system will immediately place your bid at the exact amount you entered.

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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Absentee Bids

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