eBay's Sept. 11 auction winding down

eBay is bringing the gavel down on its Auction for America charity effort.

The online auction house has stopped accepting new items for the charity auction, which was launched in September to raise money for the families of the victims of the September 11 terrorist attacks. The charity effort will end within the next 10 days, when the final Auction for America items close.

eBay representatives declined to say how much the auction has raised.

The company initially set a lofty goal of raising US$100 million in 100 days. However, 50 days into the auction, the charity effort had raised just US$5.6 million, or less than 6 percent of its goal. Much of that was raised in the first several weeks of the auction and included a US$1 million donation from eBay itself.

News source: ZDnet