Danbury's 125th quilt is up on the bidding block. The quilt which features pictures of businesses, churches, schools, and other landmarks from days gone by will be sold to the winning bidder on June 30, 2007, at 12 noon.
Heres how the auction works: Bidding will be held through the Review's web site at www.danbury-ia.com. Simply go to the web site and click on the quilt auction link. The current bid and top email bidder will be displayed. To place a bid, just follow the directions which will guide you through the simple process.
Willing to pay $700 for the quilt but don't want to start that high? The system is set up so that bids may be proxied; the bid will increase by $1 increments until a bid reaches its max. For example, pretend you're willing to pay $700 for the quilt but the bid is at $501 and you'd rather pay less if you can. You can place a $700 bid, but the system will place your bid at $502 so that you are now in the lead. Now Zelda bids $600. Her bid will up the cost to $601, her max plus one dollar to keep you on top. It happens to be 11:57 a.m. on June 30th, and no other bids come in during the final minutes of the auction. You have now won the quilt for $601 instead of the $700 you had bid. There may be others bidding at the same time. If two or three or four people say they'd be willing to pay $700 for the quilt, the one who placed the bid first will receive that bid. Remember, if you want to pay $700 (or whatever your top bid) and the auction closes at $601, you may still pay the full $700. No one will complain!
If you're interested in bidding but do not have internet access, Jean Barry and Steve Halbur will be happy to place your bid at Barry Motor during office hours. Just call one of them at 712-883-2421.
Proceeds from the auction will go toward the celebration. The Review will not be receiving a percentage cut.