Auction Ends: Nov 13, 2015 09:00 PM EST

Wine

47 Wine & Spirits Auction

Item Number: 546

Estimated Value: 500 USD
Buy Now Price: 750 USD
Quantity Available: 3
Sold: 1 – Purchase History

Online Close: 2015-11-13 21:00:00.0 – Bid Extension

Item Description

Facundo Exquisito Rum, XA Paraiso Rum, Eximo Rum, and Neo Silver Rum

Donated By:

Bacardi Family

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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

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Reserve Price

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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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