Auction Ends: Mar 3, 2018 07:00 PM PST

Food & Gourmet Items

David's Tea

Item Number: 153

Estimated Value: 200 USD
Sold: 150 USD to Online Bidder

Number of Bids: 6 - Bid History

Item Description

Do you prefer tea over coffee? Do the following statements resonate with your soul: So…why tea? Because it’s healthy, delicious and fun. Because it brings people together, all over the world. Because it’s the second-most popular drink on the planet, second only to water. And, quite simply, because it makes us happy.

Then you'll want to bid on this gift basket from David's Tea. A collection of assorted teas with accessories to make it at home or on the go.

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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.

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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