The phrase "auction prize" is correct and usable in written English.
It can be used to refer to a reward or item that is won in an auction.
Example: "The auction prize for the highest bidder was a rare painting by a famous artist."
Alternatives: "auction award" or "auction item."
Roger Fletcher gave £5,900, while Geoffrey Dobbs provided an auction prize worth £1,500.
Achmat Dangor, chief executive of the Nelson Mandela Foundation, said Theron had not contacted the foundation ahead of offering the auction prize.
She said: "This auction prize shows that Hollywood has a long way to go in understanding the diversity problem it faces.
I had put myself – or rather the chance to review a restaurant with me – forward as an auction prize some time ago.
BEN AFFLECK donated an auction prize, which turned out to be two tickets to the premiere of his new film and the after party in Los Angeles.
"By being brief, controversial and a bit sweary I woke the room up and the auction prize I was offering – one last lap of the Top Gear test track – raised £100,000".
Some very nice people donated auction prizes".
In addition to the donations from Offshore Group Newcastle, one of its executives, Alexander Temerko, has separately given more than £200,000 to the party in cash and auction prizes since February 2012.
As back then, this year's donations were made by providing auction prizes – including the use of his nightclub, Annabel's – for the Tories' Black and White ball, which raises millions for the party's war chest.
Through the generosity of the public and those who donated auction prizes we will benefit financially, but the real bonus is knowing that through this campaign we have saved the lives of men who may well have ended up homeless and in despair.
Much like gold and jewelry, which have been a sort of traditional hedge against inflation off-and-on in China for centuries, art and antiques, fine wine, watches and other auction prizes are seen by many of China's "new collectors" (such as Liu Yiqian or Guan Yi) and as portable hedges that will hold or grow value in the face of inflation or the gradual revaluation of the RMB.
