Madison Knitters' Guild Silent Auction Procedure and Guidelines
1. All items in the Silent Auction will have bid sheets on the display table near them with a title that includes “item name and number “ clearly printed at the top of each bid sheet. (Be sure to read titles prior to placing bids to ensure you are bidding on the correct item.)
2. When you want to bid, do so by writing your name on the bid sheet, your email address or phone number, and the amount you want to bid.
3. Each subsequent bid must be a higher amount than the previous bid and satisfy the minimum raise to be considered a “valid” entry. You may exceed the minimum raise amount.
4. You may bid on any items in the silent auction until the bidding is closed and auction has ended.
5. A silent auction official will circle the top bid number and amount. You can see if you are the successful purchaser by looking at a copy of the silent auction bid sheet, which will be left in its place after the bidding is closed.
6. All sales are final. There are no exchanges or refunds unless otherwise noted.
7. All items are “as is.” The Madison Knitters' Guild has attempted to describe items correctly based on the information provided by The Sow's Ear.
8. The value listed is an estimate of fair market value. Items have not been appraised. The amount you pay above this fair market value estimate is normally tax deductible as a charitable contribution. Please consult your tax advisor to clarify the amount of deduction (if any).
9. Payment for items purchased must be made in full by the end of the day. We accept cash or check (payable to Madison Knitters' Guild).
10. Following payments, you may pick up your purchases in the Silent Auction area with your paid receipt.
11. Each person bidding assumes all responsibilities related to the auction and items obtained at the auction and agrees to hold the Madison Knitters' Guild harmless from any liability.
12. In the event of a dispute, the Knit-In Chair will act as final authority.