eBay Charity Auctions: All for a Good Cause - dummies

eBay Charity Auctions: All for a Good Cause

A charity auction is a high-profile fundraising auction where the proceeds go to a selected charity. Most people don’t wake up in the morning wanting to own the shoes that Ron Howard wore when he put his footprints in cement at Mann’s Chinese Theater in Hollywood, but one-of-a-kind items like that are often auctioned off in charity auctions. (In fact, someone did want those shoes badly enough to buy them for a lot of money at eBay.) Charity auctions became popular after the NBC Today Show sold an autographed jacket at eBay for over $11,000 with the proceeds going to Toys for Tots. Charity auctions are run like most other auctions at eBay, but because they’re immensely popular, bidding can be fierce, and the dollar amounts can go sky high. Many famous celebrities use eBay to help out their favorite charities.