What is a Dutch auction?

Dutch auction can apply to two very different processes used in the auction world. Originally, the Dutch auction referred specifically to the type of auction, which begins with a high price that is still falling until the item is sold. This is the opposite process for regular auctions, where the item starts at a minimum price and the applicants are struggling to increase their offers. At the Dutch auction, however, the auctioneer offers an item at a certain price and waits for someone to agree. If no one does, then it reduces the price and asks again. This continues until the participant says "yes", so he wins the item. There are no battles for objects at the Dutch auction; The first person who has received the offered price will win the item.

The Dutch auction is common if the items are not expected to reach a high price or when something must be sold quite quickly. Most auctions avoid Dutch auctions because they believe that the final price is always lower than it would be in a regular auction.ACI junk items that have been in the warehouse for more than a year. In this way, many police auctions are also performed. Because the main goal in both cases is to quickly sell these objects to create space for new, lower generated profits are secondary.

Dutch auction can also refer to the type of online auctions that have become popular over the past few years, especially in eBay. In these auctions there are several identical items for sale together and applicants have the opportunity to purchase any number of them, from one unit to any combination they want. Online Dutch auction gives the seller the opportunity to give items only once than to have to pay for several posts. If there are more items than applicants, the items are sold at a minimum price. When there are more candidates than items, then take the last price of the item.