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<p>[QUOTE=&quot;The_Cave_Troll, post: 793034, member: 1674&quot;]this is a fairly standard way to sell livestock or fresh tobacco, though I have rarely seen it done for coins, and never for anything rare.</p><p><br /></p><p>What usually happens is that the first winning bidder gets his choice of the items in a lot at his winning bid and then the remaining portion of the lot is opened up for bidding at the first winner&#039;s price and then decreased from there.&nbsp; The second winning bidder (which is sometimes the same guy as the first winner) gets his choice of the remainder at his second winning bid.</p><p><br /></p><p>This captures the premium that especially choice animals/product has without forcing the buyer to try to cost average the entire lot. It also should produce better net results for the seller because he can sell to a larger pool of buyers than if he offered the entire grouping as a lot since more people can afford to be bidders if they don&#039;t have to have the financial ability to buy the entire group at once.[/QUOTE]</p><p><br /></p>

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