Auction Ends: Apr 2, 2022 10:00 PM EDT

Wine

Mazzei Fonterutoli Siepi, Red Wine, Italy, 2016

Item Number: 812

Estimated Value: 180 USD
Opening Bid: 90 USD

Item Description

Deep ruby red color with purple highlights. On the nose, intense aromas of ripe blackberries and dark cherries, accented by notes of mint and wild herbs. Highly concentrated palate, with sweet, dense tannins and a lush, velvety texture; dark berry fruit flavors mingle with notes of toast and spice.

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Proxy Bid

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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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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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