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About: Charity auction     Goto   Sponge   NotDistinct   Permalink

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Charity auctions are a way of raising funds for charities. According to the New York Times, items that sell well in such auctions are experiential items that cannot typically be bought in the store, including meetings with celebrities, an autographed guitar, and naming rights for characters in a forthcoming novel. In one notable example, Musician Eric Clapton sold 100 of his guitars in a charity auction in 1999 and raised $5 million for his substance abuse treatment facility.