Auction Ends: Sep 10, 2016 11:59 PM EDT

Jewelry

Monaco Ring

Item Number: 105

Estimated Value: 7900 USD
Opening Bid: 7900 USD

Item Description

From the Monaco collection this ring reflects upscale elegance. Made of 18-karat gold, it features a 15.35ct oval rose cut smoky quartz stone with 1.08ct pave diamond prongs. The ring is complimented with 2.86cts of royal pave smoky quartz that enhances the center stone. This ring is a size 7.

Item Special Note

Applicable taxes, shipping & handling fees will be paid by the auction winner. To organize shipping, please contact Natalia Malley-Masten at 212.217.4104 or email natalia_malleymasten@fitnyc.edu

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Proxy Bid

Proxy bidding places bids on your behalf at the lowest possible increments. Simply enter your maximum bid (the highest amount you are willing to pay).

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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