Warren Buffett Quotes

Warren Buffett is almost as famous for his quotes and one-liners as for his investing - see this selection of Warren Buffett Quotes on Life

Wednesday, 21 July 2010

Buy Warren Buffett Charity Spoon

Warren Buffett - Charity Ice Cream Spoon Auction

[UPDATE 4 :  The spoon didn't get any more bids and was sold for $4,500 - not as high as some had thought]

[UPDATE 3 :  Only 13 hours left to the end of the auction which ends at Jul 30, 201019:00:34 PDT - if it is anything like other Ebay auctions there will be a mad rush at the end]

[UPDATE 2 : The price has now risen to $4,500 with 60 bids - there are 7 days left to bid. There are also items signed by Warren Buffett on sale elswhere on Ebay and not for charity purposes - such as a signed $100 bill at $1750 at the moment]
[UPDATE : The giant ice cream spoon autographed by Warren Buffett being auctioned on Ebay for charity now stands at $3,250 with 54 bids - you have until 30 July to get your bid in for a piece of  signed memorabilia or a long-term value investment, depending on your point of view]

An ice cream spoon autographed by Warren Buffett is to be auctioned off on Ebay until July 30, sponsored by the Dairy Queen unit at Berkshire Hathaway. The spoon is a five-pound ice-cream spoon that will be auctioned to the highest bidder to raise funds for children’s hospitals.
Warren Buffett Autographing Charity Spoon

Warren Buffett, has promised to leave 99% of his fortune to charity including programs to ease world hunger, encourage education in the U.S. and promote access to abortions. Last month he announced that he was trying to persuade other billionaires to leave at least half their wealth to philanthropy.

In a letter to Fortune's website last month he said “Fate’s distribution of long straws is wildly capricious” and that the rich have a special responsibility to aid those who are not so fortunate.

Buffett is no stranger to Ebay and auctions, and has so far held 11 auctions in which the winning bidder and guests get to have lunch with him at his favorite restaurant, with the winning bid going to charity. This year the auction broke the previous record with the winner paying $2.63 million for the privlege.

Description from Ebay

"Bid to own the giant size replica of the world famous DQ® spoon featured on the Blizzard®mobile during the 2010 Blizzard® Tour! The spoon, measuring 33" and weighing in at 5lbs, has been autographed by Berkshire Hathaway Chairman & CEO Warren Buffett. Dairy Queen® is a wholly owned subsidiary of Berkshire Hathaway.

All proceeds from the auction will benefit Children’s Miracle Network."

So far there have been 47 bids and the highest is $2850

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