Auction Ends: Mar 8, 2015 11:59 PM EDT

Travel

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$50 to Circle Bar B Guest Ranch

Item Number: 119

Estimated Value: 50 USD
Opening Bid: 17 USD

Item Description

$50 gift certificate for lodging at Circle Bar B Guest Ranch. Lodging only. Advance reservation are required.

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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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