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Reply to "What is a DUTCH Auction?"

Hi a dutch auction is where you have 2 or more of the same item and list 1 auction selling the same item to multiple bidders for the lowest high bid if that makes sense? IE you have 20 widgets and start the price at .99 and someone says they want all 20 for 1.50 and I then bid 1.55 for 10. The auction ends with these bids. Since I was willing to pay more I get 10 for the previous bidders price of 1.50 and he gets the other 10.
If you search eBay help you will find more on this.
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