Originally Posted by
Macybaby
I donated a quilt that sold on "silent auction" I told them to put $500 as the starting bid. Two people did get in a bidding war over it and it went for $1500.
It was a design to look like the stained glass windows of the chapel where I work, so a OOAK quilt.
Had to look it up - OOAK = One Of A Kind. I'm just not familiar with a lot of internet slang.
I think it's a good idea to be able to set a minimum price on an item before it is auctioned, and the auctioneer should start the bidding at that price. If the item doesn't sell, it can either go back to the person who donated it or it can be put up at the next auction.