Auction Ends: Feb 20, 2012 06:59 PM CST

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"Distinctive Dance" by Ansley Black

Item Number: 0103

Estimated Value: 475 USD
Opening Bid: 250 USD

Item Description

11x14 Oil painting by Ansley Black

Donated By:

Ansley Black

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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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