Auction Ends: Apr 29, 2012 10:00 PM EDT

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Oriental Rug

Item Number: 264

Estimated Value: 600 USD
Sold: 400 USD to Live Event Bidder

Live Event Item

This is a Live Event Only item.

Item Description

SILENT---Iranian handmade Talish runner. 100% wool, 13'1" x 3"4".

Item Special Note

Date: n/a

Max # of Participants: n/a

Expiration date: n/a

Limitations or special instructions: Pick up item at event or in Jen Hodgdon's office at drop-off or pick-up

Donated By:

Cynthia Janisch

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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.

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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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Further bidding will take place for this item during a live auction after online bidding is closed.

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