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Silent Auction /
Raffle
CCNY student was
the grand prize winner
of a Dell
laptop
at the 2004
Annual Banquet
raffle drawing
Silent
Auction Rules
The silent
auction will
start at 6:30PM
and close upon
announcement by
the Master of
Ceremony.
Winning bids
will be
announced during
the evening’s
program.
Silent auction
bids will be
accepted until
the auction
table is closed
and the bed
sheet is removed
by the Banquet
Auction
Committee.
Increments must
be equal to or
exceed the
minimum increase
figure stated on
the bid sheet.
You may choose
to bid more than
the incremental
minimum. There
is no limit!
The last bid at
closing time
will constitute
a winning bid.
Winners will be
notified at the
dinner or will
be contacted by
phone or email.
All questions of
priority or
procedure will
be decided
Banquet Auction
Committee.
Payment by the
successful
bidder must be
received by the
Asian American /
Asian Research
Institute during
the evening or
within 10
business days of
notification.
Checks should be
made payable to:
Queens
College Agency
Fund – AO17
All sales are
final, and no
exchanges or
refunds will be
made.
By his or her
purchase, the
buyer waives all
claims to
liability
against the
Asian American /
Asian Research
Institute, the
City University
of New York, or
the donor of the
property of
services.
All items are
sold “as is,”
and in no event
shall the
Institute be
responsible for
the correctness
of the item
described.
Auction items
must be used
within one year,
unless otherwise
specified. Dates
and times are
arranged at the
mutual
convenience of
the donor and
the buyers
unless stated
otherwise.
All auction
items must be
removed the
evening of the
auction unless
mutually agreed
upon by the
purchaser or the
Auction
Committee.
Values are donor
estimates only
and do not
necessarily
represent
certified
appraisal. The
values are not
warranted by the
Asian American /
Asian Research
Institute for
tax purposes or
general values.
Only the amount
paid, if any, in
excess of the
fair market
value noted in
the program
and/or on the
bid sheet can be
considered a
charitable
deduction.
It may be
difficult, if
not impossible,
to establish the
fair market
value of
one-of-a-kind
items, often
referred to as
“priceless.”
Therefore, the
IRS is likely to
hold that the
purchase price
is the fair
market value.
Raffle
Drawing
$5 One Raffle
Ticket
$10 Three Raffle
Tickets
Grand Prize:
Dell Axim X51v
Handheld 624Mhz
Prizes: 2 Movie Passes
w/ Free Popcorn
Coupon (15
Winners)
4 Movie
Passes w/ Free
Popcorn Coupon
(5 Winners)
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