People are always looking for new and fun ways to raise money for charitable causes. A great way to create excitement, awareness and success for your charity is to hold a live auction. There are many different items you can put up for auction to raise money, but one of the simplest and potentially most profitable items you can use is a nice hundred dollar bill. You can collect donations before the auction of, say, $5, $10, or $20 donations, and take them to the bank and exchange them for a $100 bill.

Once you have the $100 bill, you can increase its value in the eyes of your charity event guests by having it autographed by a well-known person in your community, such as a TV personality, star athlete, or local musician, for example. You can then leave the invoice as is or have it framed. You can buy an inexpensive frame or look for a donated frame from a local dealer.

Use the $100 bill as the first item in the live auction, as an icebreaker of sorts. People can be shy at first in a live auction and not sure when they should start lifting the pallets. However, if you are bidding on a $100 bill and the auctioneer starts the bids at $1, your guests will be very confident and excited to raise those lollipops! A $100 bill has a clear value in everyone’s mind, and it’s a great way to start the auction. There have been many examples of a $100 bill, autographed or not, costing anywhere from 2 to 100 times as much, so you could easily get a couple hundred or thousand dollars just off your $100 bill.

If you’re looking for a unique item for your live auction, consider using the basic currency and watch the fun begin and the money roll in.