Auction Ends: Mar 20, 2012 01:00 AM PDT

Laurelhurst Loot

"Madras Lounge" VIP Cabana Seating for 8 on Auction Night

Item Number: 5105

Estimated Value: Priceless
Sold: 750 USD to hanamaru

Number of Bids: 21 - Bid History

Item Description

Want to enjoy Auction Night (Friday, March 23rd) in luxurious comfort, including a front-row Live Auction seating in soft leather couches and complimentary signature drinks? Gather up a group of eight and purchase this year's special cabana seating on Auction Night!

Item Special Note

For use only on Auction Night - Friday, March 23rd 2012.

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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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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

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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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