HOW THE 2008 ST. MARTIN’S SILENT AUCTION WORKS

 

1.        Bidding will be done anonymously.  Bidders must go to the Auction Service Table to obtain a Bidding Number to bid by.  Bidders must provide St. Martin’s with their name and phone number to obtain a Bidding Number.  You cannot bid unless you receive a Bidding Number from the Auction Service Table.

 

2.        Your Bidding Number will be your exclusive, anonymous I.D. to use throughout the auction.  Do not disclose your Bidding Number to anyone else. Use your Bidding Number each time you bid on any item.  Your Bidding Number can be used to bid on multiple items.

 

3.        Auction items are displayed and/or described on the Auction Tables.  There are no other items available for auction other than those displayed or described at the Auction Tables.  Each auction item is numbered.  Each auction item has a Bid Sheet located in close proximity to the auction item on the Auction Tables.

 

4.        There are three (3) color-coded Auction Tables.  They are the Red Table, White Table and the Blue Table.  Each color-coded Auction Table will be open for bidding at 2:00PM.  

 

5.        Bidders place bids at the Auction Tables by handwriting both the bid amount and the Bidder’s Bidding Number onto the Bid Sheet.  (Bid Sheets will describe the minimum bid amount required, the required increments for overbids, a brief description of the item, and the item’s donor.)  Please enter bids neatly on the Bid Sheets. 

 

6.        Highest Bid listed on the Bid Sheet when the table closes wins the item.

 

7.        "Close-Out" Bid Price is 50% above estimated value shown on the bid sheet.  If you bid the Close-Out Bid Price, kindly alert the Auction Service Table of your bid.  With your Close-out Bid, you cannot be outbid by another bidder, and therefore are assured of winning the item.  Close-out Bidders can pay the Auction Cashier immediately, and then have the item disbursed to them by an Auction Service Table staff member, without having to wait for a table to close. 

 

8.        Bidding will close on items located at the respective color-coded Auction Tables as follows:

 

·      Red Table bidding closes at 5:45 p.m.

·      White Table bidding closes at 6:30 p.m.

·      Blue Table bidding closes at 7:15 p.m.

 

9.        When bidding has closed on a Table, the Auction Staff determines the winning bids on each item at that table by reviewing the Bid Sheets.  

 

10.     If your bid is determined by the Auction Service Table Staff to be highest at the close of bidding, report to the Auction Cashier’s Table with your bidding number I.D., where you can pay by Cash or Check for your item.   The Auction Cashier will issue you a receipt.    Please take your receipt to the merchandise pick up area.   The Auction Service Table Staff will match your receipt with the ticket/label on the item that your bid has won, and you will receive your item.  Congratulations on being high bidder!