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Silent Auctions – All Done? All Done? Sold!
The items to be auctioned are put on display. For example, a chamber of commerce may have solicited goods and services from people in the community for sale at an annual chamber banquet or other event. If youÂ're interested, you simply browse through the offerings. Find something you like? Bidding is easy. You just pick up a pen and write down your name along with what youÂ'd pay for that item
The point is that youÂ're not bidding Â"in the darkÂ" like sealed bid auctions. In that case, you submit your bid in writing in a sealed envelope. The envelope is opened and the highest (or lowest, as the case may be) bidder is notified. But in silent auctions, you have the opportunity to see what s... [ Read Article ]
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