Illinois Polled Hereford Assocation’s Inaugural
Land of Lincoln Fall Classic Internet Auction
Wednesday, November 4, 2009 • 7 p.m.
• Consignors must be members of the Illinois Polled Hereford Association.
• There will be a $125 nomination fee (non- refundable) due by Wednesday, Sept. 9, 2009. Registration form (see below) is also due at this time. All forms received without the nomination fee will not be allowed to sell.
• Breeders World will collect 8% commission on any lot sold. Consignors can put floors on cattle. If they don’t sell, the consignor pays the flat $125 nomination fee and no commission is charged.
• Print advertising expenses will be prorated evenly across all lots and will be deducted from the consignor ’s settlement check. Commission collected by Breeders World covers banner ads posted on their website as well as an email blast to over 80,000 people.
• All females are eligible to sell including heifer calves, bred heifers, bred cows and cow/calf pairs, but they must be registered with the American Hereford Association.
• Embryo lots are welcome and will have the same sale expense as live animals.
• Transportation: Delivery of animals purchased must be made between the buyer and the seller.
• Photos/Video: Mark Sneed is under contract with Breeders World to shoot animals for their internet auctions. Three locations in Illinois will be set up to bring your cattle to photograph and video during the first part of October (specifc dates to be determined). All consignors will be notified of dates and locations. Cost will be approximately $30/head, and all of Sneed’s travel expenses will be split among those taking part. Consignors wishing to submit their own photos/videos to Breeders World can do so for no extra charge (consignors are not obligated to use Mark Sneed’s services). Consingor ’s personal photos/videos must be submitted to Breeders World no later than Oct. 1.
• Lots purchased in this sale will be eligible for showback premiums awarded at the 2010 How the sale works:
• The sale will be posted online at www.breedersworld.com 10-14 days prior to the sale. Bidding will open 24-48 hours prior to the sale. • Bidding takes place on the consignments up to the closing time of the sale (7 p.m. on Wednesday, Nov. 4, 2009). At that time, lots will close in three minute intervals. For example, Lot 1 closes at 7:03. If there was a bid placed on Lot 1 between 7 p.m. and 7:03 p.m., the lot goes into “continuous bidding.” This flashes up on screen for everyone to see, and the lot can then be bid on as long as the bidders wish, as long as they bid within the three minute window. If continuous bidding occurs on a lot, it does so off to the side. Lot 2 will still start at 7:03 and end at 7:06. If it goes into continuous bidding, it does so off to the side. Lot 3 starts at 7:06 and ends at 7:09, etc. In theory, a lot of bidding can be going on at the same time if previous lots went into continuous bidding. For further explanation on the bidding process, contact Andrew Garnhart at (815) 238- 2381.