To: mike machi who wrote (4234 ) 1/4/1999 10:00:00 AM From: waldo Read Replies (1) | Respond to of 37507
Mark McGwire and Sammy Sosa 1998 Home Run Balls To Be Auctioned Online and On-Live eBay to Begin Auction January 5 on the Internet; Guernsey's to Conclude Bidding January 12 at Madison Square Garden SAN JOSE, Calif., Jan. 4 /PRNewswire/ -- The opportunity to own a piece of baseball history starts tomorrow on eBay (Nasdaq: EBAY; www.ebay.com). Four Mark McGwire and three Sammy Sosa 1998 home run balls will be auctioned in a manner perhaps as historical as the balls themselves. The auction will begin at eBay, the world's largest person-to-person online trading community, where qualified bidders may place bids January 5 through January 11. The next day, January 12, Guernsey's, the New York auction house, will conclude the auction at Madison Square Garden in what is believed to be the first-ever On-Live⢠auction. The auctions will consist of four Mark McGwire home run balls, including the 63rd, 67th, 68th, and the record smashing 70th ball, and Sammy Sosa's 61st, 64th, and 66th balls. In addition, other historic baseballs will be available for auction On-Live, January 12. Anyone interested in following the auction can look for the ''Home run Ball'' link on eBay, check out ''...other happenings'' on eBay's home page, or go directly to pages.ebay.com The online portion of the historic auction will begin with seven, individual private auctions on eBay beginning January 5 at 12 p.m. PST. On January 11 at 12 p.m. PST, the eBay auctions will close and the top three bids from each home run ball will advance to the On-Live portion. The On-Live auction will begin at 9 a.m. PST on January 12 at Madison Square Garden with a minimum bid equal to the highest bid from the online auction. Each of the three online bidders will place bids in traditional eBay proxy fashion -- placing the highest bid amount they would pay for the item. The eBay system will increase their bids automatically relative to other bids, both online and On-Live, until reaching that maximum bid. ''Hosting this historic sports auction is truly an honor for eBay,'' said Steve Westly, eBay vice president of marketing and business development. ''Never before has such a prestigious auction of America's greatest pastime been available to the online community. The online format brings this historic auction to a broader audience of people who have never been able to participate in an auction of this scale before.'' biz.yahoo.com W