The opening bid is $25,000, the prize is dinner for five people with one of the most talked about political figures of recent times: Sarah Palin.
The money will go to a charity: Ride 2 Recovery, which supports the recovery of injured combat veterans through cycling programs.
The opening bid is to be $25,000, whilst the description on the site claims: "Value: Priceless".
The winning bidder may need more than a bicycle as travel will not be included in the deal, and the dinner will probably be in Palin's home state of Alaska.
It is not specified whether the main course will be moose, or whether the meal will be taken with a view of the Russian border.
There are nine other political figures in the auction, including Karl 'Bush's brain' Rove, with whom you can sup for a minimum $7,500.
People will pay good money to get closer to their political heroes, which is why memorabilia associated with the likes of JFK and Winston Churchill can be so valuable.