Auction Ends: Jun 14, 2019 07:15 PM EDT

Class Projects

Magnolia Class Project - Magnolia Memory Lamp

Item Number: 101

Estimated Value: Priceless
Opening Bid: 150 USD

Item Description

Each handprint on our Magnolia Memory Lamp represents the growth, bond, and joy each of our students had together in Magnolia this year! Even though some of our friends may move away or go to another school, we will always remember the fun times we had during our first year in LearningSpring!

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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

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

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