Monday, January 19, 2015

What The Heck Is A Quarter Auction?


 By Karyn Brooks Event Coordinator
There are many variations, however I’ll review here the basic format of those held locally. Minor difference may exist from one event to another.

Quarter Auctions are fundraisers sponsored by a local charity or non-profit. They can be held once for that non-profit or, be set up to repeat on a quarterly or monthly basis. The auction items are anything from jewelry, candles, skin care or cosmetics, sandals, soaps, kitchen products, food lines, gift cards and baskets. Most of the auction items are provided by the participating vendors however, the charity can also secure in-kind donations to be used for their auction.

As a quarter auction participant, you’ll want to arrive at doors open time – bring a supply of quarters and your friends! I recommend a couple rolls of quarters. The number of friends is up to you – if you have a group of 6 or more, let me know and I’ll reserve you a table!

When you arrive, you’ll first rent your bid paddle (or 2 or 3 – depending on how you want the odds to work for you!). The paddles are generally $3 each or two for $5, but you’ll find events that will roll the cost of a meal and your first paddle into one price. When you rent your paddle(s), a poker chip matching your paddle number will go into a draw container used to draw winning numbers throughout the event. Paddles are returned at the end of the event to be used in future quarter auctions.

You will also have an opportunity to buy 50/50 tickets and visit the individual vendor tables to register for door prizes. The vendors will also have cash and carry items for sale, so you can get a little shopping in too! There will likely be food and beverage to purchase as well. The paddle rental money, half the 50/50 ticket sales, quarters bid on the charity’s auction items and any revenue from food sales all go to the charity! The exception to that may be if the event is held at a venue that provides the food – then that revenue would go to the venue.


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 the requested number of quarters (typically 2-3) on the item for a chance to win that item! The retail value of the item determines the number of quarters required per paddle to bid. For example, 2 quarters for an item with retail value of $20-$34, 3 quarters for retail of $35-$50, and anything over $50 retail value is 4 quarters or an old fashioned paper dollar! This can vary occasionally, but generally speaking, this is the schedule followed.

Once you deposit the required number of quarters per paddle to bid (quarters are dropped into bowls on the table and collected) you raise you can raise your paddle in the air. The announcer will begin drawing numbers from the chips matching the rented paddles. If the announcer calls your number and you had placed the bid, you win! If the number called wasn’t played, numbers continue to be pulled until a number is called for a someone who had bid and had their paddle in the air! Then on to the next auction item.

Usually there are 2 auction rounds with a break between 2 rounds – to make sure you’ve registered for the door prizes and get another refreshment. 2 auction rounds, a door prize round, and a drawing for the 50/50 winner. Good, clean fun for those 18 and older, that don’t require a lot of money to play!
Karyn Brooks - My events include quarter auctions as well as fashion shows, ladies nights, open houses, networking, luncheons and other events that are conducive to promoting locally owned businesses. It is my mission to work with local businesses, individuals and charities to promote each, in an environment that provides a professional atmosphere. My goal is for events that are profitable and beneficial to all, and to build a resource pool of professionals who offer support and encouragement to one another.  Contact Karyn at 239-281-2539

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