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Floyd County, Iowa | I've been to a couple like that.
The price is per acre, and the winning bidder gets to pick the parcel he wants, acres x price. If he wants multiple parcels, it's total acres x price.
If any parcels not picked by winner, it starts over for those parcels, and continues until all parcels sold.
Similar at consignment machinery auction, with multiple similar wagons, for instance. | |
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RE Auction???
