On Mon, 30 Aug 2004 19:55:12 +0100, Janet Baraclough..
wrote:

The Scottish price system works from the bottom upwards; IOW, the
price the seller asks is only the bottom "reserve" for a blind auction
system.

And it is this one significant feature that makes it grossly unfair,
in my opinion. It is a method for cheating buyers out of their
hard-earned wherewithal instead of playing fair with them. Question:
If this is such a wonderful system, why are new homes not sold in this
manner? Why are eggs, butter, bread, milk, cars, boats, trains, or
planes not sold in this manner? What other material good can you name
that keeps the price a secret that you have to guess?

MM