check out the 2009 Auction Catalog of incredible items and ads (pdf)!

2009 Benefit for Mercy High School
Silent Auction Rules
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1) Items in all Silent Auctions, and Almost Live Items have bid sheets. Persons desiring to bid must
do so by writing their bidder number next to the preprinted bid amount on the appropriate
line.
2) Each increasing bid and the bidder’s paddle number is to be written on the appropriate line
beneath the prior bid.
3) All Silent Auctions, and Almost Live will close at various intervals throughout the evening (see page
1 for times). The Emcee will announce the actual closing time for everyone’s convenience. The
closing bid highlighted by the Auction table bid monitor for Silent and Almost Live constitutes
the winning bid.
4) Bidder is able to secure a winning bid before official table closing time by placing his/her
bidder number in the guaranteed bid box.
5) In the event of dispute, the Auction official shall be the final authority and shall determine
the winning bidder. The official’s decision is FINAL.
6) Under no circumstances may the bid sheets be removed from the tables.
7) All items and services must be used within time limits specifically stated, and are subject to
the terms and conditions stipulated by the donor, if any. Please note expiration dates.
8) All sales are final. There will be no refunds or exchanges on items. While every reasonable effort
has been made to describe each item correctly, all items and services are sold “where is” and
“as is.”
9) Auction bidders may claim their items by presenting their PAID RECEIPTS to the Auction Bid
Monitors at the appropriate gift tables.
PAYMENTS BY THE SUCCESSFUL BIDDER MUST BE MADE IMMEDIATELY FOLLOWING THE LIVE AUCTION.
ONE MAY PAY WITH CASH, CHECK, MASTERCARD, VISA, OR DISCOVER. PAYMENT IN FULL THIS EVENING
IS MANDATORY (EXCEPT WHERE FINANCIAL ARRANGEMENTS HAVE BEEN MADE PREVIOUSLY BY THE
BIDDER).
TAX INFORMATION
If you are the successful bidder and purchase an item at the Auction, only the amount of your payment
in excess of the fair market value of the item is deductible as a charitable contribution for federal
income tax purposes.
Example: Assume one of the Auction items is a dinner for two with a fair market value of
$100. You bid $150 for this item and are the successful bidder. The amount of your charitable
contribution deduction for federal income tax purposes is $50.
Please consult your tax advisor for additional information.
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