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The Magic Cafe Forum Index » » The International Brotherhood of Magicians! » » Chinese Auction (0 Likes) Printer Friendly Version

Paul Budd
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Veteran user
It's a shame he's only made
368 Posts

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IBM Ring 266 (Tyler, Texas) held our 2nd annual Chinese auction! Great fun and we raised over $100 to benefit the club!

I nett'd WAY TOO MANY old Linking Rings!!
His face isn't really this long in-person!
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Once Upon A Magician blog
Kent Wong
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Inner circle
Edmonton, Alberta, Canada
2458 Posts

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Wait a minute ... you're auctioning off Chinese?!! I thought that stopped happening after the railroad was built! LOL.

Kent
"Believing is Seeing"
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<BR>www.kentwongmagic.com
tabman
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Inner circle
USA
5946 Posts

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... sorry but I don't know what a Chinese auction is. How does it work???
...Your professional woodworking and "tender" loving care in the products you make, make the wait worthwhile. Thanks for all you do...

http://Sefalaljia.com
Skip Way
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Inner circle
3771 Posts

Profile of Skip Way
We used to call them Yankee Swaps down h'yar. It's sort of a cross between a silent auction and a raffle. Items are put on display with a cup or bucket in front of each item. Buyers purchase double tickets to place in the buckets for the items they want. They place half of the ticket in the bucket while retaining the other half for the drawing.

Theoretically, the more of your tickets placed in a bucket the greater the chance of your ticket being drawn...theoretically. It's also possible for a person who places a single ticket into each bucket to win items over someone who put in 50 ...theoretically. That's the fun and draw of a Chinese Auction.

Once the auction is closed, a ticket is pulled from each bucket and the person holding the corresponding stub wins the item. Tickets generally sell for a dime to a dollar with the average being a quarter.

The person who placed the item into the auction receives the cash value of all the tickets collected minus the club's percentage as the auction host. So, for the seller, the nicer and more "in demand" an item is the more tickets it may earn and the more money the seller stands to collect.

Items will also often be donated to the club with all proceeds going to the club or charity.

Personally, I prefer the knock-down, drag-out, Jump-on-yer-neighbor punch fest in the standard club auction.
How you leave others feeling after an Experience with you becomes your Trademark.

Magic Youth Raleigh - RaleighMagicClub.org
tabman
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Inner circle
USA
5946 Posts

Profile of tabman
Thanks Skip. Great explaination.

-=tabman
...Your professional woodworking and "tender" loving care in the products you make, make the wait worthwhile. Thanks for all you do...

http://Sefalaljia.com
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