Auction Ends: Nov 21, 2005 09:00 PM EST

Get-A-Ways

Kentucky Derby Get Away

Item Number: 1092

Sold: 3050 USD to oiltrader

Number of Bids: 11 - Bid History

Item Description

"Champagne corks are poppin', The dance floor is hoppin', The music is not a stoppin', Everyone is be boppin'"...
You and a guest will be attending the blacktie Barnstable Browne Party on Kentucky Derby Eve, May 5, 2006. Some of your favorite celebrities will be in attendance at this event, getting ready to party the night away with you, and all the food, drinks, and music you can imagine. Sure to be a great night!
Don't stay out too late because the next day you have two tickets to the Kentucky Derby and admission into the NYMEX sponsored tent.

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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.

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.

Straight Bid
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.

Live Event Items
Further bidding will take place for this item during a live auction after online bidding is closed.

Absentee Bids
You can win items at the live event even if you can’t attend! When you are the leader at the close of online bidding and your Maximum Bid has not been met, your Maximum Bid will be used as an Absentee Bid in the live event. The organization running the auction will bid on your behalf up to your Absentee Bid (Maximum Bid).