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How does Dutch auction work?

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How does Dutch auction work?

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A Dutch auction works as following, on the Internet site you will see two prices, the start price and the current price. Every day the star price will lower with an amount from 200, – or 250, – depending on the current price at that moment. The price will lower until somebody purchases the lot. After this moment this calf is sold and there is no possibility to bid on it.

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