This "Quarter Craze" Quarter Auction and Fundraiser will benefit The M.O.R.E Group.
The MORE Group raises money to support the "towns of Oldham and Ramona and the Oldham-Ramona School.
What is a Quarter Auction?
A Quarter Auction is a cross between a raffle and an auction. It's also a mix between a charity fundraiser and a direct sales vendor event. You purchase a ticket and that gets you in the door and gets you a numbered bidding paddle. Your paddle will have a corresponding numbered chip that will go into the drawing basket. Home-based business people bring items to put up for "auction." Those items are on display for an hour before the event begins. When the auction starts, the emcee will hold up the item, give a brief description of it, and tell how many quarters it costs to bid. The bids ONLY COST between $0.25-0.75!!!! You need to bring a roll or two (or more) of quarters. If you're interested in a chance to win that item, you'll put the required number of quarters in the bowl at your table and hold up your bidding paddle. For example, if an item valued at $15 is offered it would require a .25 bid. If you want it, you toss a quarter into the bowl and raise your paddle. The emcee then draws numbers to find a winner. If your number is drawn, you win that item for a quarter! If you didn't bid and your number is called, you call out "no bid!" and numbers continue to be drawn to find a winner. You can also buy a second (or third) paddle and double or triple bid to increase your odds. It sounds potentially complicated if you haven't been to one before but once you're there and see it in action, it makes sense and it's a blast!
The fundraising comes from sales of the tickets and from money raised from one auction item per vendor. The money raised at each event will benefit a local charitable organization or student group.