The price is $20 because that was the lowest successful bid.

Bidder “C” bids for 3 items at $18 each.

Bidder “B” bids for 4 items at $21 each.

Bidder “A” bids for 2 items at $20 each.

Here is an example of how this might work: In order to beat a competing bidder, one must bid a higher price per item than that competitor, regardless of the number of items that are being bid for.

If bidders have the same highest bid, priority goes to the bidder who submitted their bid first. If there are more successful bids than items available, priority goes to bidder with the highest bid. However, all winning bidders need to pay only the lowest qualifying (successful) bid. Each bidder can bid for all the items or only some of them. In a Dutch auction the seller offers more than one identical item for sale, so that there may be more than one winning bidder. Sorry for the multiple emails, moving forward information will be updated on our website. We are working with them to resolve this issue. Sorry for any inconvenience this issue has caused as a result of their changes. It will not be our typical format, first come first serve at 50% off. Niagara Dailies has announced a change to the auction format for Thursday November 16, 2023.

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