Dutch Auction

Dutch Auction starts in January 2003

The pricing of all consignment good will change from set prices to the Dutch Auction system starting 1st of January 2003.

The benefits of the Dutch Auction system are:

	goods sell more quickly
	more buyers come into the store
	it encourages potential buyers to return

This is how it works:

	The initial price is set by the owner of the goods
	every day the price is reduced by 1/2 % until the items are sold.

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