Silent Auction
A silent auction is a fundraising event where items or experiences are sold to the highest bidder without an auctioneer calling out bids. Instead, participants write their bids on a sheet of paper next to each item, keeping their offers confidential. This format allows bidders to take their time and consider their bids without the pressure of a live auction.
Typically, silent auctions feature a variety of items, such as artwork, gift baskets, or tickets to events. The auction usually has a set time limit, and at the end, the highest bid for each item wins. This method is popular among charities and organizations to raise funds.