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Among options suggested by the Family Reunion Helper blog are holding an on-site family auction where relatives bid on donated goods such as a quilt or homemade cookies, designing a raffle ...
A white elephant gift exchange, [1] Yankee swap [2] or Dirty Santa [3] [nb 1] is a party game where amusing and impractical gifts are exchanged during Christmas festivities. The goal of a white elephant gift exchange is to entertain party-goers rather than to give or acquire a genuinely valuable or highly sought-after item. [ 3 ]
Chinese auction is a type of the all-pay auction, where the probability of winning depends on the relative size of a participant's bid. [1] The choice of the winner is done by a lottery, whereby the bidders compete for a higher chance of winning. [1] It is also known as penny raffle, chance auction and tricky tray. [2] [3]
Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered ...
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The name stokvel originates from the concept of "stock fairs", as the rotating cattle auctions of English settlers in the Eastern Cape during the early 19th century were known. [ 1 ] [ 2 ] [ 3 ] Stokvels generally have a constitution which dictates the size of the contributions, when the accumulated money is to be paid out and the roles and ...
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