What the heck is a Quarter Auction? Well, it is a raffle-style auction versus a traditional auction. This is a great way for local non-profits to host a fundraising event!
As a quarter auction participant, you’ll want to arrive at doors open time – bring a supply of quarters and your friends! We recommend a couple rolls of quarters.
When you arrive, you’ll get your bid paddle. When you rent your paddle(s), a poker chip matching your paddle number(s) will go into a container used to draw winning numbers throughout the event.
You will also have an opportunity to visit the individual vendor tables to register for door prizes. The vendors will also have cash and carry items for sale! Vendors will be representing their businesses and will have a variety of products or services.
When the auction begins, each auction item will be presented and “auctioned”, one by one. You will use your quarters and paddles to bid, but no fear! You do not try to out-bid others, but rather bid quarters (typically 2-3) on the item for a chance to win that item!
Once you toss the required number of quarters into bowls on the table you raise your paddle in the air. We will begin drawing numbers from the numbered chips matching the paddles. If the announcer calls your number and if you have bid, you win! If the number called wasn’t played, numbers continue to be pulled until a number is called for someone who had bid and had their paddle in the air! Then on to the next auction item.
Bid on everything! A great way to potentially squirrel away items in your gift closet for those unexpected hostess, thank you or birthday gifts!
Usually there are 2 auction rounds with a break between the rounds (to make sure you’ve registered for the door prizes). The auction rounds are followed by the door prize round.
Non-profits should contact us for additional details on how to host a quarter auction event. KarynsEvents@gmail.com.