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Tractor Talk Discussion Board |
Re: Reserve price farm auctions
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Posted by Mike brown on June 17, 2005 at 17:07:27 from (64.179.14.121):
In Reply to: Re: Reserve price farm auctions posted by Dave on June 17, 2005 at 15:16:57:
The Dutch have an auction system where they start high enough so no one will take at that price then back the asking price down in incriments until some one says "yep" and they bought it. No starting high, going low then work it back up like is done here.
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