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A Silent Auction is a charity auction and nonprofit fundraising event held without an auctioneer. Instead, bidders of a silent auction place their bid secretly in a paper bid sheet or online after assessing /browsing items such as jewelry, art, destination packages, etc. The bidder with the highest bid wins the item.
You can run auctions in two different ways, silent and traditional ones. Try our excellent silent auction bid sheets for free! 30 variations!
The silent auction bid sheet template is placed on the table which covers the names and bids sections, giving people the chance to tour the different items available for auction. Also, the bid sheet covers the previous bids by people; therefore the bidders do know what the item is worth, hence they bid higher than that in order to get the item.
Silent Auction. A silent auction is a variant of traditional auctions. In a silent auction, items up for auction are displayed where potential buyers can observe them and decide which to purchase. As expected of an auction, buyers place bids to indicate what they wish to pay for the item.
18 FREE Silent Auction Bid Sheet Templates. Bidding at a traditional auction is loud and fast, but a silent auction is generally more laid back and comfortable. The slower pace allows people to consider their bids and strategies.
A silent auction bid sheet includes the item name, starting bid, description, and space for the bidder to write their name and bid amounts. Such a bit sheet is used for silent auction events to record bids set by participants on specific items listed for auction.
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