Dutch?

[reptiguy420]

I was just curious if anyone could tell me what a "DUTCH" auction is...any help is appreciated thanks...

[kill3r843]

when they r selling more than 1 of that same item,like a www.reptibid.com and www.ebay.com,

Daniel

[Artemis]

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-

Art

[gonesnakee]

If you go onto ebay & check out the help section for bidding it will expalin it to you there too, Mark