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Old 09-22-04, 02:39 PM   #1 (permalink)
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Dutch?

I was just curious if anyone could tell me what a "DUTCH" auction is...any help is appreciated thanks...
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Old 09-22-04, 02:41 PM   #2 (permalink)
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when they r selling more than 1 of that same item,like a www.reptibid.com and www.ebay.com,

Daniel
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Old 09-22-04, 07:56 PM   #3 (permalink)
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Usually there is a list of bidders, and the price is set to whatever they are looking for. Some people will bid a few cents higher, and the items go to the highest bidder. So if there are 10 items and starting bid is 5 bucks, and 12 people bid 5 bucks, and 3 bid 5.01, then the 10 items will go to the 3 people to bid 5.01, and the first 7 to bid 5.

Hope this helps-

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Old 09-22-04, 07:58 PM   #4 (permalink)
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If you go onto ebay & check out the help section for bidding it will expalin it to you there too, Mark
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