Limited Edition - First Edition Auctions
Limited Edition Corals Selected for First Edition Auctions will have their
very first fragment distributed by a one time auction. This will represent the first fragment
of that Limited Edition coral grown for distribution at the Reeffarmers.com facility. The months
following the First Edition Auction month will be distributed as normal Limited Editions that
are reserved ahead of time in typically a monthly or bimonthly schedule. Reeffarmers.com is
implimenting this procedure to address the concerns potential customers have addressed about
being forced to wait for years. Some reef keepers simply refuse to wait. For these potential
customers we will give them a onetime opportunity to acquire a fragment of a Reeffarmers.com
Limited Edition Coral. The highest bidder will acquire the coral. First Edition Auctions are
done publicly and independently by Tropical Reef Oasis. We have agreed to a few restriction.
The following people and their relatives are barred from making bids: Steve Tyree (Reeffarmers),
Frank Burr (Tropical Reef Oasis) and the Source Farmer if one exists. The winning bid must be
fully paid at the final Auction Price and be directly sent to Tropical Reef Oasis. No other
discounts of any kind offerred by Reeffarmers, Tropical Reef Oasis or the Source Farmer will
lower the final winning auction amount. Please note that typically about 50 % of the auction
winning bid will be sent to the Source Farmer after the successful reciept of the Auctioned
Coral by the winning bidder.
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