How Exactly Does a Quarter Auction Work?

Key Elements of a Quarter Auction

• THE BIDDING SYSTEM:

  • Browse the selection of auction items.

  • Auction items are categorized by color according to value.

    • Green items (0-$50) - Bid price $1.00 (one green token)

    • Yellow items ($51-100) Bid price $2.00 (one yellow token)

    • Red items ($101-150) Bid price $3.00 (one red token)

    • Blue items (over $151) Bid price $5.00 (one blue token)

  • Buy bags of tokens matching the color of the item that you would like to bid on.

• BUY YOUR PADDLES:

  • You will receive one paddle and five tokens with your entrance ticket.

  • You can choose to buy more numbered paddles for a small fee. Note: The more paddles you have the high probability you have of the auctioneer selecting your number on the item you are bidding on.

  • The paddle corresponds to a number that will be used during the auction.

• AUCTION ITEMS:

  • Items are donated by sponsors, local businesses, or individuals.

  • Items can range from gift baskets and gift cards to home goods, services, or even bigger prize.

How It Works

• AUCTION BEGINS:

  • Prizes will be auctioned off starting at the lowest value (Green, Yellow, Red and Blue)

  • The auctioneer presents each item and announces “Place your bids”.

  • Decide if you want to bid on the item. If you do, deposit your corresponding token color into the silver bucket on your table. You must deposit a token per paddle that you wish to include. If you have four paddles that you would like to include in the bid you would need to deposit four tokens. You do not have to bid on all of your paddles if you have more than one.

• PADDLE NUMBERS:

  • After depositing your token(s), you will raise your paddle(s) to signal which number paddle(s) will be in the running for that item.

  • Only your paddle number that is raised will be in the running for that item.

• DRAWING THE WINNER:

  • The auctioneer spins the bingo drum and randomly selects a number.

  • If the drawn number corresponds to a paddle number you are holding up, you win the item.

  • If you did not include your paddle in your bidding that corresponds to the winning number, you do not win the item.

  • If the number belongs to someone who did not bid, another number is drawn until a winner is found.