Lot Quantity Auctions provide the seller with a means of selling items lumped together as a “Lot” in a single auction. You specify the number of Lots available and the number of items that are in each Lot. The starting price set is for the entire lot, not each item. For the convenience of the buyer, the “each price” is shown. The following example had a starting bid of $0.99 which is calculated at $0.17 each for 6 items.
When the bidder bids, they specify a bid price, and the number of lots they wish to purchase:
