Auction Ends: May 20, 2016 12:00 PM EDT

Food & Gourmet Items

Wolfgang's Steakhouse

Item Number: 124

Estimated Value: 150 USD
Sold: 140 USD to wp5c6f022

Number of Bids: 6 - Bid History

Item Description

After four decades of experience, it is fair to say that Wolfgang Zweiner learned his craft well. Taking the core principles from his years as Peter Luger's head waiter, Wolfgang didn't just duplicate an exceptional steakhouse, he improved upon it, making Wolfgang's Styeakhouse extraordinary. Wolfgang's Steakhouse is serving lunch and dinner seven days a week, including all major holidays. This gift card is in the amount of $150.00.

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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

The Reserve is the minimum amount the organization is willing to sell the item. If the reserve isn't met by the end of the auction, then this item will not be sold.

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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